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20.5¢ wiluna mining corporation limited.

Ann: $35m Placement to Expedite Expansion Plans, page-68

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kyngdominion

2,405 Posts.

1845

10/02/17

23:05

Post #: 22533275
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Originally posted by happy Hippy ↑

Sort of got a self defeating aspect there. If you sold a 'very large stake' (several million at least) that almost single handingly accounts for all the fall in SP.
Brave call comparing SP action with other CRs. Goldies all got bashed a bit today as first day in 7 or so that POG dropped...and a fair bit... $20 ish.
What do you think the sp would have been if it went up $20?
We are a producer now and this CR should be seen in that context. It is paying for programs and studies that should grow and ensure our MC.
Folks seem to have overlooked the fact the the debt collector comes knocking next month and I imagine will be paid from the proceeds of gold sales....the way it should be. Would be not a good look if CR was used for debt would it. If gold recovers a bit tnite I doubt you will get your buying chance. Cannot see 60 on fundamentals.

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See you in a couple months - youll get your good days but its now in a downtrend.....

BLK Price at posting: 72.0¢ Sentiment: Sell Disclosure: Not Held
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