WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Another Record Month of Gold Production for Blackham, page-139

  1. 5,088 Posts.
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    It was quite an easy decision to buy up anything not sold during during the CR.
    I can understand the naysayers, being jack of the whole company as they lost many millions. Yes some very poor luck and worse lies by omission from the BOD in what they were not saying

    They key was to understand that that the Company was "taking a bath" at that giveaway price of 4 cents + a free kicker. All the big money knew it and that was why the perceived dog was fully underwritten. They made sure all the bad news was published.

    IMO We are heading to 350M to 450M MC within 12 months. The oppies will be a drag, but by the time they are cashed in the the money could be used for a capital return or corporate play.
 
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