WMC wiluna mining corporation limited.

You can not rely upon charts for a junior gold...

  1. 1,207 Posts.
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    You can not rely upon charts for a junior gold producer/Explorer. Totally out of the question.
    It takes investment. They are not Boeing or Apple.
    That is why a lot of IT Co. are private for a number of years.
    As chartists and shareholders would bury them over that time but pay 20 times more later.
    BLK shareholders are bailing.
    No significant shareholder reduction notice yet.
    Up to you, chase the trade on Bitcoin or hold on.
    I think the $40 mill. debt is still in the bag, which is the advantage of having major shareholders.
    Gold is not the investment of choice right now.
    I looked at gold shares when gold hit $2,200 US. Virtually no reaction form stocks accordingly.
    Soon is when you buy and get gob smacking returns (wmx down 30%. NST etc) as the same clowns who sold want to get back in at some time in the future and I am not talking years.
 
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