WWI 5.88% 1.6¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-7569

  1. 3,813 Posts.
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    you just said it …. They don’t understand what it takes to go from being a explorer for gold
    to an actual gold producer and gold mining…


    people don’t really understand …

    I think your cleaver enough and you do realise that 90% plus of gold explorers…just explore…..and don’t find anything or viable…..


    i don’t look at the SP…. MC is most important to me and is what I look at..

    and what we have hear is we have a company with a market cap of about $70 plus million ..
    that has a current multiple million ounce gold mine and a mining right to mine the gold….
    Because of the nature of the mine being a mine that was closed down for a period of time which had a 10 plus million ounce jork and but was believed to contain over 20 million ounces…
    there is a number of boxes to tick before gold starts to be mined….
    imo with a little patience… we will see gold come out of the ground shortly and numbers will increase in all aspects from this mine…
    once momentum is achieved…

    you have to understand the nature of this gold mine..and there is so much gold down their ….
    people are putting the horse before the cart here and getting frustrated…..

    and with the sp
    Yes a number in top 20 did sell because their goals were to see it through to MR…that was their goal I believe
    and they had no intention to see this through to production…..
    but now on the flip side and
    I know a few are still sniffing around possibly to re enter for the next phase….

    any ways ….Who wouldn’t at these Market caps look for an entry ….

    also don’t forget… management hold here in the top 20 and also get paid in shares…. I’m sure they would want this MC over $100 million plus….

    we await now for the next chapter to play out…


    enjoy your day….



    Last edited by Adventurer20: 14/09/21
 
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