WMC 0.00% 20.5¢ wiluna mining corporation limited.

Why are we falling?, page-17

  1. 7,661 Posts.
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    Must admit I'm a little baffled by the sustained selloff over the last few days but in particular today.
    The continued selling is actually bucking the sector trend today. Mind you it's been relatively low volume selling.
    30%+ down from the highs of a couple of weeks ago. (fair enough, had a great run and a correction was in order, but 30% ???)
    19% down on the CR price, now this is a little baffling however some percentage can be explained by the general gold price reversal over the last week and a bit.
    I, personally see no fundamental reason for the continued selling, especially today. If some see better value maybe in other Goldies, go for it, but you'd be pretty hard pressed to find another with such compelling fundamentals.
    Games, likely, especially with some instos in on the action now?
    The only other thing I can think of is maybe a couple of speed bumps with the wet commissioning of the plant???
    None the less, I hold tight!
 
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