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20.5¢ wiluna mining corporation limited.

Funny how it was only a month and a half ago back in mid May I...

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Wealth888

1,324 Posts.

159

08/07/16

19:22

Post #: 18228768
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Originally posted by Wealth888 ↑

Hi all. First posting on here for over a year. Been busy posting on my less impressive stocks.

But this little gem is getting exciting now and only time is needed to see blacky give us that golden smile.
To me it is obvious where we are going with the share price over the next 6 months or so.

Just looking at some numbers from other goldies.
PRU - 2.5Moz @1.3g/t - MC $481M
BDR - 3.5Moz @1.4g/t - MC $332M
SLR - 5.1Moz @2.7g/t - MC $264M

so in comparison with just a handful of other goldies - so far....
BLK - 4.7Moz @3.2g/t - MC $132M

Rough figures but the general idea is here.
I am seeing a MC of $280M+ by end of year.
Easy to see where the broker valuations are coming from....and that is just on current reserves.

Anyway. Glad at least this holding is going north.
GLTA.

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Funny how it was only a month and a half ago back in mid May I thought by a simple comparison that Blackham would have a market cap of $280M+ by years end......

Here we are today with a MC of $232 million!!! May need to revise my end of year Market Cap value the way she is going

Sometimes simple works.

Well done to all holders. Good times....

BLK Price at posting: 94.5¢ Sentiment: Buy Disclosure: Held
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