* TA - WMX - Gold - Wiluna Mining Corp *, page-23

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Dabble010

4,954 Posts.

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11/01/21

11:06

Post #: 50079148
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Originally posted by Hiddenvalue: ↑

Well, the open for WMX was solid, it opened at last Friday's close of $1.38 and there was some genuine buys at this price with some volume going though on the open auction at the price.

Every other goldie I looked at opened well below ranging from 4% to 7% down, including NST, DCN, SBM. They are now clawing back some of the capitulation type selling going on a cross the Goldie's.

We just needed shareholders with a little more conviction like you and I Drugo and this would have held its ground, the price reduction has come post opening trade. I can't see why fellow SH beat it down on relatively small volume. Some really nervous Nelly's still on the register I guess, I thought the small holdings buy back some months ago should have cleaned our register, obviously not.

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you always talk about nervous nellies, weaker hands etc.

the reality is WMX/ BLK haven't done shareholders much favour in the past, just have to see the longer term chart to validate that.

The recent CR was reminiscent of BLK's behaviour and with POG trending down lately, who can blame some that feel this is still a risky bet!

Lets be pragmatic here, the SP isn't where its at due to weaker hands, nervous nellies etc, it's where it's at due to below average performance and history.

WMX Price at posting: $1.32 Sentiment: None Disclosure: Held
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*** TA - WMX - Gold - Wiluna Mining Corp ***, page-23

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* TA - WMX - Gold - Wiluna Mining Corp *, page-23