KALAN
06 Apr 2018
Re: Getting on-board Good luck with your strategy Nora - have to agree that this price will look cheap in a year from now.I have support at .47p and failing that at .42p - any purchases down there would be very lucrative for new investors and those holding alike. Going to see how things pan out before re-committing - the prospects are very good IMO.
Nora Bone
06 Apr 2018
Getting on-board New tax year, new speculative punt - buying my 1st "1 million shares" in the company this morning (LOL sub penny shares are fun) - to be put under the bed and left for a year when hopefully will have doubled maybe even trebled. Really not much else to do than wait for machines to be delivered - on time - and 'turned on' over the next 8 months. Still any dips below .5p and I'll pick up more clips of 1 million (unless its due to titanium prices tanking). GLTA
Larry_the_Lock
05 Apr 2018
Re: Placing at .5p what? This will probably go down to the placing price circa .5p and some have sold, I note a late reported trade of 12 mil at .5250p at 1120 hours which would indicate a sell imo. I expect an RNS soon to let us mushrooms know what is appertaining and will continue to hold but be ready to add. GLA
miltonboy
05 Apr 2018
Re: Placing at .5p what? Apologies Kalan, sincere, was not aware and showed my ignorance once again.Much appreciated that you did bring this to my attention.Kind regards
KALAN
05 Apr 2018
Re: Placing at .5p what? Hi miltonboy - not trying to talk the share down at all - there was an rns and that's why I posted.Sharing my thoughts based on what I have seen at JLP - they have a $50 million pre arranged loan and we thought that meant no more placings - however it turns out that the loans were for development of projects and not for purchase of rights to minerals and the sp suffered badly after yet another unexpected placingThe loans here are probably La Parilla specific and can't be used for other projects in which case the further development of the companies assets away from la Parilla may well depend on raising cash from time to time until the company is generating it's own income - which is what I posted after the placing was announced.Maybe I should have posted the link as Larry has done but it is just above this post under 'News'. larry may have a point about monies being used to secure further assets - for the time being I am out but will buy if it goes oversold - just being honest and fine tuning my approach in the light of the news. GLA.
GENG
05 Apr 2018
Re: Placing at .5p I think this has shown how much real strength there is here. All this RNS has done is push the SP down to the bottom of the rising trend 0.53. With a small tail dabbing on the previous 0.5 resistance level.Great chance to add and some lucky people got a load of shares at .5pIf the current SP holds there could be quite a bounce from here.All imhoGeng
Larry_the_Lock
05 Apr 2018
Re: Placing at .5p what? [link] I was really annoyed at this what with the further dilution and all and was seriously considering getting out. I have been cogitating all day on this and researching round and about. They obviously don't need this for LP so it is to further their other ventures imho. There is also some talk that there may be an interest in MTR's mothballed tungsten venture in Spain ? The Market seems to think similar imho as currently more buys than sells (MoneyAM live trades). I will hold until the fog clears on this one. GLA
miltonboy
05 Apr 2018
Re: Placing at .5p what? not sure why you would think another placing is due anytime soon and why you would suggest this now, unless you wanted to bring the price down and well done as it worked!Certainly the MM seem to agree with you or want to scare some shares out of some people or are in someway behind your suggestion.There is a lot to do to get this up and running by the end of the year and they may want to move other things forward, but why would they want the additional risk of doing that?Unless you already KNOW something about this and therefore in the KNOW.I have watched them place many times, so WRES can place at any price at any time and will, it should be expected by all of us, but would be good to get to end of year and in production as planned and use income, rather than share placing.
KALAN
05 Apr 2018
Placing at .5p I took profits at .6p as the chart wasn't looking too bonnie and there is a long time to production.Until La Parilla is in production we may see more placings to develop the other projects which will hold back the sp - decided to trade WRES in the short term and re-invest once we get closer to production and the other projects can be financed through an income stream.
Larry_the_Lock
29 Mar 2018
Re: RNS I would not put a figure on this but many multiples of where we are now. More patience.
miltonboy
28 Mar 2018
Re: RNS You should not be surprised.there are few posters on this board and we have all seen this come up about 50% from its low and is bouncing around a range.the cover of 30% of costs by this is great news and will take time to sink in once we have spent the full amount, started production, employed people to mee the criteria and then claim back the funds.production Q4 or 2019 Q1, so maybe Q2/Q3 2019 for the monies to be claimed back, while in production and making profit.It takes time, but we will get there.I have hope!MB
GENG
28 Mar 2018
Re: RNS Yes am surprised too - just sitting on the 50 day SMA it bounced off this last time after spending 2 days there at the end of Jan.If this fails then bottom of rising trend is around 0.52Looking like a good place to Average up as its getting more and more de-risked with each announcement.
Larry_the_Lock
28 Mar 2018
RNS I am astounded by the lack of positive response to this milestone RNS, as soon as funds allow I will be adding significantly ! GLA[link]
KALAN
07 Mar 2018
Re: Small breakout today We may be fortunate and continue developing these small penant formations penholme - nice if they last another 10 months - a slowly rising cycle as we get nearer and nearer to production.Nice chart - thanks for sharing as usual.
penhome
06 Mar 2018
Small breakout today Breakout from a small pennant today with indicators looking positive. Move up is confirmed by volume ticking up.[link]
