Australia's largest stock trading and investment forum Australia's #1 stock forum

WC8

Click for more information

0.00%

32.5¢ wildcat resources limited

This guy has no idea.

First 29 Last

Share
Profile

Follow
SurfCharts95

66 Posts.

15

10/04/24

10:27

Post #: 73271816
Share

Originally posted by calmbeforestorm: ↑

Seriously posters you need to review all the holes in the details way in the back of the announcement. They had 2 holes with decent high grade results 68m @ 1.4% and 58.7m @ 1.3% (ie 127m in total) but these were far outdone by the low grade results in this announcement of a total width 431m with a grade no greater than 0.80% and as low as 0.40% with a weighted average grade of barely 0.6%:

- hole 267D - 115m @ 0.40%
- hole 288D - 18m @ 0.66% and 12m @ 0.53%
- hole 217D - 44m @ 0.60%
- hole 232D - 90.2m @ 0.69%
- hole 111D - 80.3m @ 0.75%
- hole 14 - 52.5m @ 0.80% and 19.5m @ 0.51%

Then add the following 5 holes that were newly classed as NSI in this announcement - Hole 98D, 231D, 253D, 258D and 277D. They have had a very high proportion of holies that are NSI in every announcement and that tells one this may be a difficult deposit to mine ie high dilution. I have never seen such a high proportion of NSI results in any deposit of any metal.

There were other holes with shorter widths with low and high grade but the above are by far the best indicator of results.

WC8 executives and board are pumping this as a high grade big lithium deposit which it is clearly not.

Expand

This guy has no idea.

WC8 Price at posting: 64.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

End of FY is a time to juggle wins, losses and capital gains taxes

There are more pages in this discussion • 36 more messages in this thread...

First 29 Last

Add WC8 (ASX) to my watchlist

(20min delay)
Last 32.5¢		Change 0.000(0.00%)		Mkt cap ! $398.1M

Open	High	Low	Value	Volume
33.0¢	33.5¢	32.5¢	$347.0K	1.049M

Buyers (Bids)

No.	Vol.	Price($)
15	135354	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
33.0¢	94743	13

View Market Depth

No.	Vol.	Price($)
15	135354	0.325
11	60895	0.320
9	129635	0.315
12	303985	0.310
11	394120	0.305

Price($)	Vol.	No.
0.330	94743	13
0.335	513791	17
0.340	102930	11
0.345	160994	7
0.350	69585	6

Last trade - 12.25pm 25/06/2024 (20 minute delay)

WC8 (ASX) Chart