WMT western metals limited

read re comparison to pdn, page-3

  1. 7,523 Posts.
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    No I sold out of INL at 28 cents the other day. Don't disagree on management, they are good. I also like the product. I just thought the current value was getting up there given the earnings outlook and the comparison to say ZFX. Of course they may increase their resource and the Zinc price will probably go up and then of course the price will kepp going up. I also own ZFX so I get the same leverage to Zinc prices once values were equalised. I have left a bit on table and I guess the move up was always going to over shoot my valuation. It may even go a lot higher if momentum is behind it I just like playing value ratheronce all the knowns are out there. Unknowns like WMT are also good plays given management skills etc. But these should only play part of a portfolio and not be the overriding hope and dream.
 
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