WMT western metals limited

downtrend broken ...

  1. 24,765 Posts.
    The downtrend from the April high has been broken today.

    The outlook for uranium remains very positive.

    WMT have been getting some outstanding results from Tanzania.

    "Drilling and Trenching at Mtonya project continue to discover uranium mineralisation over 7 kilometre trend."

    From 22nd. October ASX release.

    The buying today is significant.

    This sort of well above recent average volume combined with breaking out from a chart downtrend combined with a great quarterly report and more exploration news due looks like the big boys are well and truly getting set.

 
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Currently unlisted public company.

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