Afternoon trading June 3, page-197

  1. 17,374 Posts.
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    WCN - yes, they said in last weeks announcement that their gold program commences early June

    IMO it commences tomorrow or friday based on today's breakout

    The program will also yield results in 10 days (as per the ann)

    So, paying 2m EV for an Aussie Goldie in arguably the hottest gold market in the hottest province in the country is a steal...

    At 2c, its 6m EV
    At 3c, its 11m EV


    Trade the trade, but IMO don't sell urselves short during the very short gold campaign...

    WCNOE are almost in the money now too... 1.5c strike with 2024 expiry
 
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