WWI 13.3% 1.7¢ west wits mining limited

https://www..com/article/2021/11/17/west-wits-about-to-begin-gold-production.html, page-38

  1. 9,788 Posts.
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    @Gibbaz

    imo that's a pretty sophomoric post

    ofc there's new shares on 1:6 basis and there'll be heavy churn

    ofc its a new pump and dump cycle - thats what every cap raise is in pre cashflow miners

    this is happening in every 3rd driller/developer i follow atm

    the key isnt about the pump and dump - thats a given

    - its about whether your positioned right vs the metal price cycle so it can be a buy and hold - or whether its early so you need to trade

    my judgement is that this is the last one - because gold is positioned to launch into December... indeed its already launched but its not yet a momo play

    the risk here on b&h will be on mine execution - so the % may be to sell into March highs at the risk of successful execution leaving a seller behind

    so much baggage on this thread. tells me risk reward skew is excellent. but there is still risk


 
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