#Cholocar
One good company to look at pre and post consolidation (which I own) and I draw similarity to WRM is asx:CTM which is a high grade nickel explorer in Brazil. It consolidated 15:1 a few months back and it's been on an impressive upward trajectory ever since. What I believe contributed to its success was an impressive register of new holders(for an explorer) and a constant flow of positive news re. high grades which recently culminated in a nice maiden JORC resource.
Just like CTM, WRM has similar attributes and as
long as it keeps on delivering with positive news re drill results and maintains an impressive registar, I believe the trajectory will be similar. Short term fluctuations should not matter. I believe the currently depressed sp is an anomaly which I've exploited this past week(especially given the record gold prices we're seeing)
MM
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