WMT western metals limited

Why would anyone still be an investor if they think the...

  1. 138 Posts.
    Why would anyone still be an investor if they think the directors are first class nobodies ?

    If you bought 5 months ago when the market was in freefall and U stocks where top of the unpopular parade then why would you expect the price to be higher than that level now?

    These so called numpty directors have followed their business plan and found the Pary's project which if signed off in July will IMO offer a good reason why the price will start to correct.

    The current price is not IMO any measure of success or failure more that it reflects the market and the fact that WMT dont yet have any advanced projects.

    To suggest a share buy back for a explo company that is not cash positive (no where near it) is laughable, which was the last explo company to do that?

    If you think the stock is a good investment then you should hold or take advantage of the current price to add. If you think its run by tossers then you should sell, common sense really
 
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Currently unlisted public company.

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