WRM 0.00% 6.3¢ white rock minerals limited

Hole 6/7 are probably our best chance at getting a sniff of gold...

  1. 389 Posts.
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    Hole 6/7 are probably our best chance at getting a sniff of gold for this season. I would think results are still a few weeks away. Definitely there's downward pressure in the short term. I will be patient and hold until next season's drilling starts up at Last Chance. Ultimately, as Hedgeless Horseman has outlined, the market cap of WRM net cash is so low the share price shouldn't suffer too much mid/long term. Short blips in selloff are possible, but there is the possibility of a surprise with Hole 6 or spinoff news on Red Mountain/Mt. Carrington as well. I found sometimes it's best not to be too cute with trading in/out when you feel strongly on the longer term prospects. If I had a much smaller position I might trade more. So far I'm still barely in the green, still very confident this will be a big winner soon enough

 
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