WCU white canyon uranium limited

7c

  1. 412 Posts.
    7c seems to be some sort of support level for WCU. Everything is getting taken at 7c. I guess it's 30% below for Mrs Lulu paid her stock. Originally GDN announced that they were selling their WCU shares at 5c. That's why I thought we were heading down to that level. But - surprise - the actual sale was done at 10c! Pretty amazing. Double the original price. I suppose that means that our Chinese lady sees something in WCU which is not yet apparent to general market participants, or she knows something we yet don't. In any case, it's comforting to know that it's probably should be worth a lot more that 10c, but for reasons of lack of cash it's languishing at 7c level. With current liquidity in WCU atm it's not gonna take much to push it above 10c.
 
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