Ann: Significant Silver Fieldwork Assays from Elizabeth Hill, page-8

You are right, @Captain Tony. I have been that 2portfolios.com club a while. I just checked their website to check their call history, its all there.. They first called ERW at 24 cents as a buy in March 2021, soon after its IPO .. - But ERW then failed in both its nickel and lithium hunt attempts and so they called a sell at 18 cents in March 2023 as their target hold is 24 months.

And like you sir - I bought in then at 24 cents when the club called it.- and like you, I didn't sell when they called a sell on the stock at 18 cents (I wish I had for the last 18 months!!!).

But I think because the club knew ERW well and many members were still holders - they were quick off the mark to call it as a potential 10xer again at 4 cents when this new deal came in I thought WTF in for a penny in for a pound and Ive averaged down recently - so my average price is now down to 6.2 cents . I think quite a few club members are/were in the same boat. Anyway, now 4 years later I'm net up 100% (that's only 25% return per year so far - which is not great for me) - but its still much better than in a bank or your normal super fund.

And I do I really think this stock has way higher to go. ..cos im a big silver bull.

Also @maximllus85 - checking the 2p website they have made 47 calls in their 10 bag portfolio since they started 6 years ago - they show that 37 (80%) of those calls have gone up over 100%- and 18 (39)% have gone up over 1000% - To me as a members that seems about right- So your 1 in 3 is about right.

@Maximilius85 re their predicted 100mill Mc, just look at the market caps of many other global silver co's (often by-product cos) with far less promise than WCE, they are well over A$100 mill MC - so with a few more good high-grade hits and the silver biull market underway I do think WCE can go considerably higher over the next 12 months.

to me big main difference in the silver market now than other bull runs before is the now world now uses far more silver industrially than it can produce.- Forget just the investment inflows and speculation which drove the last silver bull runs. Because the silver price has been suppressed by the cotterie of banks on Comex for so long the big miners have been forced to "high grade" in their mines for over a decade or more. - That means they have mined most the best parts of their resources to stay profitable, leaving the crappy parts but now they just can't keep up with fast-increasing industrial demand.

The explosion of electrification of everything over the last decade - and particularly Solar's meteoric growth is the cause. - Solar is already using up almost 30% of all the world's silver production - and solar production is Asia (which is over half the world's solar market) is now forecast to treble in capacity over the next 3-4 years because it's so much cheaper than any other form of power today. and more importantly, companies can now get it for free through PPAs (Power Purchase Agreements) (I know as i run a solar PPA fund in Asia ) this should mean around 60-70% of all silver production will soon go just into making solar panels So what's left for the electronics industry? (now 20% of silver demand and growing) or microchips? or jewellery? or silverware?, or soldering? or many other industrial uses? or phoography?- Never mind its use as a percious metal- and the speculative surge of FOMO buying that bull markets attract into silver.

The total market cap of the all world's silver mines is tiny - just a tiny fraction of speculation money coming in moves silver co stock prices exponentially. silver bull markets are a thing to behold when they come.

As there will be little phsysical silver - and most mines are depleting and no time no time for new mines to be built -Last year the world mined 800,000 oz and demmand was over 1 million oz- next year its forecast to be 1.2 mill oz- (a 50% supply demand defecit globally) stocklpiles are gone - and supply is reducing -whilst demend is skyrocketing. so IMO pin back your ears for a face-ripping silver rally over next 24-36 months. - and buy more WCE (or any other silver stock) - ill post some charts next just look at them, and then get on google and do the research its all there.

WCE is pure silver - not a by-product mine - its very high grade -. and they have all the permits they know the mine is economically viable from before. They also have a disused concentration plant at Radio Hill 20kms down the road that's on care and maintenance, so the capex is low. They can get back into production faster than most new mines and make a lot - so ship in the WCE paper while you still can under 20 cents IMO.