WR1 1.89% 52.0¢ winsome resources limited

WR1 General Discussion, page-24709

  1. 1,276 Posts.
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    @Mickafisher not too late to sell your other 100k shares if you think 40 is where it will end up.

    For me the next announcement will be the big one.
    If it has all the results for 50% of all the outstanding drill results its going to make an impact. This to me will signal a reversal .
    Yes, there will be those selling out if it hits 85 or 90c etc. But then I think analysts will begin to put in their systems what the next MRE upgrade will look like.
    As I've said before we ar eonly viewed as a company with 59mt. Hypotheticals means 0 dollars and even more so since we have received no results since the MRE, so there is literally nothing to go off, with cold hard facts.

    However, if the next announcement is only for say 10 holes, well I could see us falling more and the wait time between announcement has been too long for nearly a year now.

    That's how I see it playing out. What the SP does until the announcement drops, well I can only see if going sideways or down slowly unless the Li futures starting going up. Which they won't until CNY
    Last edited by ForeverNewbie: 15/01/24
 
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