WIN 0.00% 4.2¢ win metals ltd

Ann: Widgie Receives $1.17m R&D Tax Refund, page-5

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  1. 2,258 Posts.
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    Nickel Price is in the toilet..... Can't really be mad at the company for that. Also could have tripled your money at .60 from the .20 IPO price.

    I guess thats the Rub, Its all about timing. Just gotta wait for the Nickel and lithium price to turn and then hope there is still relatively Low SOI like there is now. If you trust management at their word about having lots of interest in selling the DSO then you can't really fault the company in what they have said they were going to do. They are delivering on the increasing and defining the nickel resource so they will be ready when/If the commodity price comes good.

    So yep bloody underwater on this one too but not going to crystalize a loss, Just bottom drawer it for a while and if it starts looking like a change in the wind maybe average down some more.



 
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