Managed to get my holding up to 1m shares. I really like the look of WCL. Have spent a few hours researching their shareholders today. Top twenty hold nearly 70% of the shares. That is significant. And some of them are significant players also. What interests me is the 21 TCF GIP estimate up in the Galilee . BUL are currently drilling Kanaka 1 up there so will be following that closely. But the rest of their program is good too. British Gas think so too. A recent valuation has WCL at 70-90 cents...and that's before Galilee.
I like what I see...Galilee.
WCL Price at posting:
35.7¢ Sentiment: Buy Disclosure: Held
