WC8 - Wildcat Resources

[barney]

Just my opinion, but I think it's going to get pumped up and then dumped.

Yeah. Its probably already had a fair pump. Maybe not a dump, but a selloff over time seems likely given they are still close to being a $1 Billion company. Not a lot of headroom left for profit for Traders in the short term?!

 

[TimeISmoney]

and down with a thud... now 77c.
EDIT ..75c
.
Highlights
• Drilling adds a further 160m strike length to the Leia Pegmatite at Tabba Tabba
• Leia is now more than 2km long, thickening with depth (up to 180m true width), and remains open along strike and at depth
• Drilling ramp up preparation continues, with seven rigs expected on site in the New Year
• Assay results from the first diamond drill holes expected in the coming weeks.
.
lithium , smithium. who wants the stuff? accelerated drilling means accelerated spend.

NH; only 2 days left in Nov comp.

It's been previously smashed by the shorters and the large media groups are running with negative lithium price sediments.

I'd say once the markets pick up the growth will be there again IMO. Lots of big entries into the stock so it can't be too bad but do your own research.

 

[barney]

and down with a thud... now 77c.
EDIT ..75c

The current pattern on WC8 resembles one of my nicknamed patterns from my failed Forex days.

Starting to look very much like a "BATMAN" If so, it should have another short leg up to around low to mid 80's. If that level fails, probably a slow decline looking for a consolidation zone.

 

[Rabbithop]

Big question for tomorrow on the ASX will WC8 climb to newer heights, the ladder, or fall, snakes???

Sold my pot when it was 0.90 plus. Reenter today..got to go up at least by next week.

 

[farmerge]

Sold my pot when it was 0.90 plus. Reenter today..got to go up at least by next week.

Likewise Rabbito Sold mine at 0.98 and re-entered only to see it drop like the perverbial stone in a pond. Perhaps a choice annoucement would lift WC8 up to the lofty heights again.

 

[TimeISmoney]

Wow! That's been a wild rolla coaster ride for the last few days, I bet the big boys are loading up.

 

[barney]

, probably a slow decline looking for a consolidation zone.

Haven't been watching recently but saw today's spike ... Consolidation Zone as anticipated ...

The cat is back on the radar for Traders it seems ...... Not for me, but definitely interesting for the fleet footed.

 

[TimeISmoney]

Haven't been watching recently but saw today's spike ... Consolidation Zone as anticipated ...

The cat is back on the radar for Traders it seems ...... Not for me, but definitely interesting for the fleet footed.

View attachment 170520

Pretty much across the lithium board, makes me wonder if it's another pump and dump as the lithium price is still down?

 

[Captain_Chaza]

There is Nothing Wrong with Pump and Dump tactics as long as you know When to Tack

 

[Captain_Chaza]

Haven't been watching recently but saw today's spike ... Consolidation Zone as anticipated ...

The cat is back on the radar for Traders it seems ...... Not for me, but definitely interesting for the fleet footed.

View attachment 170520

As Always Barney
You were caught out again not listening to your Captain
Be warned
My father used to say
" If you sleep with Rats you get Flees"

Be Warned!
If you want to talk to Your loving Rats there is another 1000 threads to reach them!

My Thread is a Ships Log

It is not a record of Cocktail Coversations between bored and Lonely Landlubbers

Be Thrice Warned!

 

[TimeISmoney]

There is Nothing Wrong with Pump and Dump tactics as long as you know When to Tack
View attachment 170526

The problem with retail brokers is that you can't get in and out fast enough and usually get left to hold the bag. It's like someone mooring above a sand bar at high tide at night during a storm and then the tide goes out the next morning.

 

[Captain_Chaza]

Or

You may have read the Captain's Instructions before the Open last Monday before Dawn

Most are not Brave and Loyal Enough to Act Instinctively and Without Hesitation on TA only
I understand that!
It is their Choice!

Fortunately, I threw All My Sweet FA overboard in 2003
Best thing I ever Did!

AND
Most Importantly, it is Also a Great Spectator Sport for those who like to Watch

 

[Captain_Chaza]

My Aplogies to Tim to Whom I suggested it was Monday
It was in fact Wednesday I gave the order to Hoist the WC8 PMT GL1 and SGQ lithiums at Dawn on the Open
Refer to "Storm at Sea" for the relavent Charts

 

[barney]

Be Thrice Warned!

"Fried Thrice" ?? (with bacon, please)

 

[barney]

Not for me, but definitely interesting for the fleet footed.

Opened at 54 so there was a chance to get out at B/E small profit from Friday.

Currently down 10% on a wide ranging Inside bar ...... Should hold the line ... Under 47 will look weak.

Traders seem to love it; Further pushing and shoving therefore expected.

 

[TimeISmoney]

Opened at 54 so there was a chance to get out at B/E small profit from Friday.

Currently down 10% on a wide ranging Inside bar ...... Should hold the line ... Under 47 will look weak.

Traders seem to love it; Further pushing and shoving therefore expected.

View attachment 170673

It's most likely fund managers kicking it around, I'm glad I got out at 90c.

 

[farmerge]

It's most likely fund managers kicking it around, I'm glad I got out at 90c.

Me also though I jumped ship in the mid 80s.

 

[TimeISmoney]

Me also though I jumped ship in the mid 80s.

I paid the price with LTR though, I almost sold when I was at break even with LTR but greed got the better of me.

I think it's just a waiting game for lithium prices to go up but then you don't know how much product will be coming from third world nations at a much cheaper price.

 

[dyna]

More Lithium discovered at the Tabba Tabba site . 200 holes now been dug there ,since last July. WC8 still has $ 90 + Mill. for drilling .
S.P. down 1 cent on the news to 63 cents.
Zzzzzzzz......

 

[Rabbithop]

Did you guys buy more?

More Lithium discovered at the Tabba Tabba site . 200 holes now been dug there ,since last July. WC8 still has $ 90 + Mill. for drilling .
S.P. down 1 cent on the news to 63 cents.
Zzzzzzzz......