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WC8 - Wildcat Resources

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I entered the Magnificent WC8 for another month /The JULY Regatta

Sometimes you can get Lucky if you are patient enough
You can even get Luckier when they start Drilling IMO

The Start of drilling was always Scheduled for JULY
With a little bit more luck they may be on schedule this month

Sailing the Magnificent WC8 -----One DAY at a Time------------------&-------------------5 MINUTES at a Time

Salute and Gods' Speed
 
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I am also still waiting Patiently for a Topping formation
They Say that "PATIENCE is EVERYTHING"
Einstein called it the Eighth wonder of the World
ie: COMPOUNDING INTEREST

Sailing the WC8 ---- One Week at a Time



 
Interesting now as WC8 may or may not continue on up with only brief corrections. It has Lithium stamped on it and hopes a big find will propel the stock very many times higher. That may well happen though it's difficult to work out how to price this one. Now up about 1,200% since May this year. Two drilling rigs now on site.
 
I decided to take my profits on WC8 as I held BUX far too long and look what happened there. The shares went up 15 times though I bought shares some at very low prices and some much higher a long time back so I've had to be content with a profit of a miserable 560% overall. Anyway that takes my cash held back over 50% which was supposed to be my lowest target about 10 years ago so I'm back on track once more.

In selling there looks to be profits still in this for the next guy so very good fortune to those newcomers and old hands still onboard the good ship WC8. It has been great to me and my first big win for quite some years - fortunately I do get it right here and there otherwise I would have been busted many a time.
 
It's good to see WC8 continue on to 36c up 18 times since May this year. There may be some who are dollar millionaires on paper. I'd moved all the profits into Buxton Reseources so that adds to the pile over there now. Hopefully, BUX will rise 15 times and make me a millionaire in that one - somehow I doubt it. Though there is a chance at Graphite Bull and Copper Wolfe.
 
noirua said:
It's good to see WC8 continue on to 36c up 18 times since May this year.
Click to expand...
Wild ride on this for holders, and well done if so.

It's certainly being traded aggressively.

In the short term, it would be easy to envisage a "holding the baby/pass the parcel" moment may be close?

Definitely be watching the Volume if I were holding it.

Can anyone confirm their current market cap??
 
@barney - This is according to Market Index tonight

 
rcw1 said:
Good evening debtfree,
Hoping find you well. According to CommSec:

View attachment 161613

Have a very nice evening.

Kind regards
rcw1
Click to expand...
Hi @rcw1

There is 665,571,600 ordinary shares issued x last night close (0.355) = $236,277,918 which is close enough to $236.3M ...... Maybe CommSec hasn't updated since yesterday.
There is 665,571,600 ordinary shares issued x tonight's close (0.395) = $262,900,782 which is close enough to $262.9M ....... from Market Index tonight

It will be interesting to see if CommSec updates later night or tomorrow morning before open. I'll have to have a look.
 
barney said:
it would be easy to envisage a "holding the baby/pass the parcel" moment may be close? Definitely be watching the Volume if I were holding it.
Click to expand...

It was only a matter of time ..... the parcel has been passed for the moment.

Big wide range down bars ...... Bottom should be close?

 
Captain_Chaza said:
Please note in the Good Ship's Logs
We Got out at 0.38 cants
You must have slept in that Day
Click to expand...
Yes I knew you were out Captain.

My post was a "general" comment regarding the chart/stock/vertical moves and taking appropriate caution ... not directed at your good self or anyone in particular.
 
It is a difficult move to buy back in again so I've resisted it. Seeing Buxton hit 25c then fall to 12c and now at 23c these shares are a bucking bronco ride. WC8 hit 45.5c and is now at 24c so if it's like Buxton the floor is 21c to 22c. However, watch the Lithium price:
: Lithium Price Chart: Https://tradingeconomics.com/commodity/lithium
The other point is that WC8 was one of Australia's most hopeless mining companies up until May 2023 and is now seen as the best performer.
If it finds Lithium the same as its neighbours then fantastic. But if it doesn't ...
 
I sold out too soon again at 31c on the way up and in the past so often I've found myself waiting for results that could see a great profit or dump me in the Tibor. As so often in the past the result was being soaking wet. Hopefully, results will be great for shareholders on the morrow but it may be some time until full assay results are returned.
 
barney said:
Leaky ship or coincidence, lol.
Click to expand...

Of course there is no chance that the big punters selling into the highs then buying the lows knew anything about the upcoming "Major Lithium Discovery", lol ......

You can make a lot of money if you know someone with loose lips ...

Somebody on the Board might need to "up" the security on their conversations.

Not a great look for management! (I could be just jealous of course, lol)

 
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