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1.5¢ wpg resources ltd

Thats the way i see it. Could not agree more. I do feel for...

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Oden1

80 Posts.

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27/10/17

17:52

Post #: 28265340
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Originally posted by jackfisher1 ↑

Thought of investing in this at 4 cents as I wanted a high risk vs return leverage to the increase POG, have been watching the story unfold ever since never taking a position, management are terrible, ore grades are decent and with POG over $1600 AUD and they still cant make a profit SELL, SELL, SELL!!!

I've seen so many times on these forums of posters that are invested in these spec miners with a terrible track record hanging on for the hope that share price will increase so they can break even again, I've been there in the past with a small amount of capital and it does hurt to loose it, but sometimes you have to sell and just bear the loss. All the writing's on the wall with this one, the company will more than likely be in administration this time next year.

Just look at the chart, the performance of the company is completely inverse to the POG. WPG is more likely to hit 1 cent before it recovers anywhere near 4 cents and posters will still be optimistic about the stock.

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Thats the way i see it. Could not agree more. I do feel for those that hang in hope.

WPG Price at posting: 1.8¢ Sentiment: Sell Disclosure: Not Held
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