Had my finger on WC8’s pulse for a long time now. My take is that they are fully in control stock price right now. They are not rushing because they feel no pressure. They are cashed up to the eyeballs and they have a legitimate tier 1 mine asset. No need to release announcement every two weeks to keep hype. My guess is they’re building to a single compelling announcement. As the drilling goes on and the results come from the lab they are compiling some thing big and final. I would also not be surprised if a corporate type agreement is released at the same time to prove income is imminent. The testing of processing viability most likely be in the “full stop” announcement. The next announcement will be the sales pitch to the world. This is my opinion anyway, a lot of long term holders will think I’m stating the obvious but others may not be aware.
I could be wrong, but I’m probably right. Hold tight.
WC8 Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held
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