WMC wiluna mining corporation limited.

Ann: Trading Halt, page-14

  1. 89 Posts.
    lightbulb Created with Sketch. 26
    I don't think Gold is getting "crushed" it's pulled back a little and possibly consolidating.. the USA is still to announce its fiscal stimulus - probably somewhere in a the vicinity of 1.8-2trillion plus.
    countries all over are still printing money as they experience covid flare ups.
    the fundamentals of gold haven't really changed.
    I expect it will still slowly climb.
    in fact for the resource this company is still seriously undervalued- and anyone that's held long enough knows it's because they have had issues with bad management and cost blowouts.
    once the 2 stages are done it will be great.
    I suspect this cap raise will be to fast track some construction or the drilling/exploration.
    though I must admit they do have a bad habit of disappointing LT holders.
    IMO
    DOYR
 
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