WMC 0.00% 20.5¢ wiluna mining corporation limited.

welcome to BLK. I've heard all the possibilities,...

  1. 741 Posts.
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    welcome to BLK. I've heard all the possibilities, accumulating, manipulation, bots selling down, tax selling, blah blah. fact is the smart manipulators realise everyone can see the trades, so they make it look like it's getting manipulated so retailers buy in and smart money gets out. for this stock to move up it's quite simple. reduce AISC and increase production. no drill results or JV is going to result in a continual up trend.

    however on a positive note. the market is preparing for poor 4C -AISC of 1700 and production of 10-15k oz. it wouldn't be hard to achieve or surpass this. so when 4C is released IMHO the SP is unlikely to drop as market has already factored in poor 4C so in the next few months it does look like the SP will move north. how far north will depend on how many are willing to break even or take profits on 1.5c
 
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Currently unlisted public company.

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