WMT - Western Metals

[giss]

i think wmt is consolidating at the current level of about 15c. those interested in day trades who bought before latest rise have sold. everyone else is waiting or buying in again at current prices. in a nut shell i think the price is going to steadily rise until it tests 20cents.

 

[Atomic5]

Recent "Sons of Gwalia" Court decision whereby a shareholder's legal status now ranks alongside creditors is one step towards eliminating the ability for companys to shoot their mouth off and deceive investors, as in future they will become liable.

If the 1st quarter transpires without any word from WMT regarding their USA Joint venture, it will again be a typical act (from my experience) of skank disregard towards their shareholders by WMT management.

 

[Sanhedrin]

Looks like gap will be closed and we are heading for 12 cents maybe before market close tonight.

 

[robandcoll]

14c not bad considering. Should be an interesting next week.

 

[giss]

14c not bad considering. Should be an interesting next week

I agree, its consolidated at these higher levels now & it will be interesting to see what happens next week.

 

[zt3000]

Indeed, but alot will pan out on how the general sentiment is in the market after last weeks highs. Despite this, reporting season is not over and the general consensus is for the good news to continue, along with the slowdown of the property market, there may be yet more cash flowing into the market.

 

[camaybay]

Atomic 5
Good to see you are still posting after that bs a few weeks ago. I have concern with UUU and what's the point in Au. DYL have some other products but their U focus is central (eg MRX) IMO.
DYOR

 

[robandcoll]

Announcement out now.

http://www.asx.com.au/asxpdf/20070221/pdf/31126hdy01lcy5.pdf

 

[chris1983]

I liked the announcement so I got a small parcel. Lets see what happens tomorrow.

 

[zt3000]

Anyone else see the job advertisement placed in Saturdays West Australian in regards to WMT looking for an Exploration Manager. Basically they want a Geoscientist with a min on 10 years experience and internation exposure.

Not sure exactly what this could mean, but why employ experienced people unless your planning for the future.

DYOR

 

[Sean K]

Anyone else see the job advertisement placed in Saturdays West Australian in regards to WMT looking for an Exploration Manager. Basically they want a Geoscientist with a min on 10 years experience and internation exposure.

Not sure exactly what this could mean, but why employ experienced people unless your planning for the future.

DYOR

LOL. Why employ anyone at all?

Does this mean they haven't had one to date?

 

[sydney1963]

LOL. Why employ anyone at all?

Does this mean they haven't had one to date?

It looks like that. [the expert peoples]

 

[PureCoco]

WMT just released (last 30 mins) a new agreement signed with BHP. Have a read quite interesting.

 

[chris1983]

Glad I grabbed some of these.

 

[chris1983]

Going strong in a down market. Could threaten breakout. Having ties with BHP is a major development.

 

[Sean K]

Going strong in a down market. Could threaten breakout. Having ties with BHP is a major development.

Yes, exceptional. Having a close look at this one. I avoided it earlier due to the ramping, but seems to have legs.

 

[happytown]

WMT just released (last 30 mins) a new agreement signed with BHP.

Any ideas as to what the bhp clawback amounts to?

cheers

 

[nizar]

WMT just released (last 30 mins) a new agreement signed with BHP. Have a read quite interesting.

LOL wat a timing for an announcement.

 

[hector]

Yes, exceptional. Having a close look at this one. I avoided it earlier due to the ramping, but seems to have legs.

It's the only one I hold that's green today. The safe blue chips aren't giving me a feeling of security

 

[chris1983]

LOL wat a timing for an announcement.

Its ashame really. I think they had a good possibility of breaking out on this message on any other day.