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- WMG next major Ni-PGM discovery ? $$ 40mill cap to Billion+
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 WMG next major Ni-PGM discovery ? $$ 40mill cap to Billion+
been buying since the 60c range days ago more yesterday 71c ... maybe more today 80's
from todays ann.
Multiple intersections of high-tenor remobilised massive nickel sulphide blebs and veining were observed (confirmed by spot pXRF readings up to 12.2% Ni) in the top 250m, in some of the shallowest and frequent examples of this phenomenon seen so far. This interesting observation, in a new previously undrilled area, supports the potential for multiple massive sulphide sources or deposits within the Complex (Perseverance-style basal massive sulphide) and not just limited to the Western Margin where previously encountered.Following the Company’s recent capital raise a further eight holes have been planned to expand the original Phase 2 drilling program. These holes will begin to systematically test for both the extent of shallow disseminated sulphide mineralisation in undrilled areas of the Complex and also follow up on remobilised nickel sulphide veining seen along the Western Margin of the Complex. Additional drill holes will continue to be added to the program with ongoing targeting work and as results are received.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Was looking g at these last week.
Thought it would retrace at some point, maybe wrong!
Instead I bought more DYM
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Was also looking at these too .. had a nibble
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Could be HUGE and follow the run we seen with many successive major discovery's from nano-micro cap region ... even after steaming 500%+ higher WMG is only worth $45mill ... just have to look at the past runs from the DEG , LRS , CHN, CNB to see 200m-400mill cap range is within reach if they continue to hit pay-dirt ..and that should well be the first stage of value done >>
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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who added some more shares in recent pull-back ?? added a few low to mid 70's sold most today 84c .... no news on open will be back down into 70's the market knows just how HUGE this discovery could be and all we need is the proof in assays .. and more drilling core results .. we start to see some higher grades over large intersections then I'm buying another 100,000 shares even if its trading over $1 by then as upside could well be north of $10 just on discovery within 12months aka CHN / DEG etc
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Another great recommendation. Got in at .70 the other day and already some significant returns.
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"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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More results out market very ho-hum >liking WMG for a swing trade > did trade out for a small profit when it looked like the momentum had run out ...average 78c ...made around 10c profit ... now back in 63c first purchase and looking to add at present 54.5c .... just how much it will fall hard to know ...
Latest ann>>>
HIGHLIGHTS
• Drilling update hole MTD026 - currently at 1,353m depth with drilling still ongoing
• Cumulative ~1,300m thickness of high MgO adcumulate dunite with near continuous
disseminated nickel sulphide mineralisation and numerous remobilised sulphide veinlets -
cumulatively over >800m
• Very similar geological observations to hole MTD023 ~1km to the northeast but overall “richer”
visible sulphide mineralisation*
• Hole MTD026 has been approved to receive co-funding as part of WMG’s $220,000 EIS grant
• Drilling program continues to validate WMG's geological model and enhance the prospectivity of
the Mulga Tank Ultramafic Complex
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Hi JBM, wondering if you have any thoughts on the relative merits of CTM - another Nickel miner with huge potential upside?
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