WMC 0.00% 20.5¢ wiluna mining corporation limited.

big month, page-9

  1. 15,732 Posts.
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    plenty of reasons to sell in an illiquid and downtrending market.

    not alot of reasons to buy.

    either there were a handful of techies jumping on today for a technical buy signal, or else we are closing in on a company making announcement.

    lignite certainly got a facelift with yesterdays announcement by ESI

    plus the fact that DSF international pulled out of a move to duplicate Blackhams project nearby means that we will now have a bit of a monopoly on CTL in WA


    i think if the super tax wasn't hanging over our heads, we probably would've had confirmation already on a deal.

    hopefully todays buying is indication that the profit margins still look good
 
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