WMT western metals limited

buy as much as you can, page-2

  1. 412 Posts.
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    another example is ELK:
    y'day ASX announcement saying that Directors Power and Cook are buying' +couple that with their AGM presentation
    [they couldnt 'buy' until that news was 'public'] ..it still took the market time to 'get it' and finally on Friday we see sp begin to move back to its appropriate levels..
    it closed @ 33c- IMHO sp will settle @ 60-80c by end 2006 provided the production from Sand Draw South is > 200bbls per day..i.e cashflow ~ 10K per day sufficient to meet operating costs whilst husbanding the 8M in the bank for development of oil in place to P1 in their various properties ..which is the 'blue sky' of it
 
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Currently unlisted public company.

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