It looks as though the GP is heading into a bear flag pattern. The irony of this probable BF is that the candles will hit resistance at ATH’s and bounce down to higher lows.
For the WWI holder we only need to concern ourselves with what the minimum predicted value is I.e. $2200 or $2100, for our forecasts.
I don’t know when WWI will pop (no one does) but I’m backing that it will due to its ability to produce gold. Now the market may say that it’s further away (when it pours Gold) or closer, when the IDC is approved. But what’s working in WWI’s favour now is the Gold price and the big end of town actively looking for Gold Producers.
This means that post IDC approval the WWI SP could easily pop above 7.2 cents (as in 2021) but due to the momentum of production find a SP relative to this amazing Gold Price.
We need production to wake up the market to WWI, bring home the IDC Mr Chairman
WWI Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)