WA1 1.92% $13.27 wa1 resources ltd

Ann: West Arunta Project - Luni Assay Results, page-752

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  1. 5,434 Posts.
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    SUM will be back 15c in 4-8 weeks notwithstanding a tantalum discovery......no doubt they pegged it chasing lithium but given the state of that market, it's no surprise they are jumping on the niobium bandwagon
    but the fact that they are marketing it as niobium prospect says it all
    the amount of niobium wannabe announcements coming out every second day is laughable
    pre-WA1..there was only one other company that was in niobium
    and now you hear everyday......."next WA1"....
    normally the commodity du jour is because there is a bull market in that commodity.....not bc one particular company has made a world class discovery....
    so why didn't they just buy this in Oct 22 when they discovered P1.....let alone Luni....or when it pulled back 50% from the at premium raise that was about 1000% above the IPO price
    why?
    because they are all sheep that missed out here
    however......it has opened up West Arunta as a new province
    one thing is for sure.......there will a lot of bag holders that have replenished the cash holdings of junior explorers



 
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