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- WMG next major Ni-PGM discovery ? $$ 40mill cap to Billion+
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Originally Posted by whatsup
You were very lucky and good timing, down now to .28 !!
yeah hindsight ... I was seeing how the market was really cooling off towards the Base metal sector a while ago .. should have just taken the small loss when I first decided it was time to reduce my holding when the SP was in the 50's but the market just keeped pushing away from my sell-order ..now got less than a 25% up for sale in the mid 30's hoping it will be hit to de-risk some what ..been pushing more funds towards producers or large undervalued projects that only really need funding to head towards production ..RXM , KSN , CE1 etc
Looking back over my trades .. I was trading it as a very high-risk punt .. but got stale and sat too long >>>wouldn't be so bad if it was a small spec position but I threw NZD$100k in total over the last few buys looking for a nice swing trade into the 60-70s doh!!!!
Buy 60c sold 72.5c
Buy low to mid 70s sold 78c-84c
buying low 60's to mid 40's .... only one small sell 60c ....
basically I got cocky ..now trying to remove some of the downside risk taking a few $$ of the table
still at only 16mill marketcap hardly expensive Vs peer explorers
Last edited by JBmurc; 12-09-2023 at 10:28 AM.
"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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you still in or back in - JB ?
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Originally Posted by nztx
you still in or back in - JB ?
I wish I was back in at recent lows .. but no watching from the sidelines
"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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Member
In today at 39, adding to some at 28. I missed the initial move...I bought in the 20's and sold in the teens,,,and then a year later, they hit paydirt. I missed the move from 15 cents but got more today. PXRF reading for one of the holes was 40%+ nickel, so it could get very interesting. Nickel going through the roof. I'm in...looking for a major to buy WMG out. Plenty to like, and, in my opinion, low risk.
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Originally Posted by younga
In today at 39, adding to some at 28. I missed the initial move...I bought in the 20's and sold in the teens,,,and then a year later, they hit paydirt. I missed the move from 15 cents but got more today. PXRF reading for one of the holes was 40%+ nickel, so it could get very interesting. Nickel going through the roof. I'm in...looking for a major to buy WMG out. Plenty to like, and, in my opinion, low risk.
yes on the BUY list .... for a pure spec punt
"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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