Wer'e in a whopping big bear market and good news is sold into. It's only good for the fast and experienced day trader, others get burnt until the next bull market comes around.
I sold all my WMT today, over a million shares and am now sitting on the fence till the bear unfolds fully. I hope that this acquisition will have significant upside for WMT, that with more drilling, resources and reserves at Parys will increase, it could be an elephant sized mine for WMT. However the bear is currently holding the SP back.
This is only an opinion, DYOR.
WMT
western metals limited
