WME 11.5% 14.5¢ west australian metals ltd

hereandnow,i've noticed the scenario that you describe with...

  1. 116 Posts.
    hereandnow,
    i've noticed the scenario that you describe with other explorers in a similar position to WME. When there is news, as long as it sounds good, the stock rises for anything from one to four days, then pulls back, this can happen every time there is news. However to avoid the retracement, pullback, fall, or whatever you want to call it the news has to be meaningful ie a resource find or an upgrade, when this happens any rise is more likely to be maintained, especially in this market - just my view of things - probably wrong but i can't offer another. At this moment in time i agree that WME, based on what we know, is undervalued compared with it's peers. DYOR etc..........
 
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