Australian (ASX) Stock Market Forum

WMT - Western Metals

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kromey said:
Chris1983 James Dines put a buy on WMT and ACB in his latest newsletter on the weekend.

Why did I miss that? So thats the reason behind the rises along with the recent news in regards to having links with BHP.
 
Probably why they were the only u stocks in the green today unless anyone knows anymore that were.
 
kromey said:
Chris1983 James Dines put a buy on WMT and ACB in his latest newsletter on the weekend.
Also, he slapped a sell on SMM. This might explain the 14% drop, and drag PDN as well. But PDN is always a buy since Jun 2005. So the credibility of his report should be questioned sometime, and his report should never be followed blindly.

Also, he always have bought enough stocks before recommended it to the readers. I guess he have got the ACB's placement at $1.10, and tons of WMT between 8c to 17c, the reader will help him do the rest. To be fair, he is still the best in term of uranium investment, and picking the next big thing...

He also said Queenslander is going to drink water coming from sewage (watch out, Joe) After all, he does not like Peter Beattie...
 
kromey said:
Chris1983 James Dines put a buy on WMT and ACB in his latest newsletter on the weekend.
Looks like you have the newsletter, check page 16
 
mmmmining said:
Also, he slapped a sell on SMM. This might explain the 14% drop, and drag PDN as well. But PDN is always a buy since Jun 2005.

Mining.
I've noticed that ever since the takeover from PDN, SMM has always been trading at half the price of PDN.
Today that trend has continued.
 
Chris,
I said Sun. this is going ....before trading started this week it was evident to me that this is much more than a ST trade....

WMT is partnered with some high-class co.s in some very good projects, from Colorado to Africa to Australia....

I don't yet own shares....if there's any way of buying I haven't discovered it yet...but would love to get in on it....

uranium in Tanzania...

http://www.westernmetals.com.au/projects.html#top
 
chris1983 said:
They look good don't they. I dont know if I will regret selling but a profit is a profit and I felt I had to take some gains in this type of market. Good luck to holders.

:p..feelings of regret. haha
 
Take a look at depth on this one now. Sellers have dried up like the drought. Those who wanted this stock are now set and hanging onto it. They have finished their tree shaking and manipulating. Anyone who wants this will have to pay for it now hard to see anymore free rides here.
 
588,000 shares sold at closing auction, chasing price up to 27c. I might hang around a little longer... :D
 
hector said:
588,000 shares sold at closing auction, chasing price up to 27c. I might hang around a little longer... :D
What a brilliant performance. Who said sell your uranium stocks. In last Mays correction I sold my 1 million WMT at 2c for a 10% loss and now look at it.
Its chart is looking very bullish. I don't hold any but wished I'd held on. Good luck to holders.
DYOR
 
Hmmm. Truly the stock of 2006/2007. I wish i didn't sell half of my holdings at 20c. Arrrrrggggghhhh.

Oh well. I shouldn't be complaining. At least I made abit of money 2day. It could have been so much more though.
 
hitmanlam said:
Hmmm. Truly the stock of 2006/2007. I wish i didn't sell half of my holdings at 20c. Arrrrrggggghhhh.

Oh well. I shouldn't be complaining. At least I made abit of money 2day.
The benefit of hindsight. Thats why I'm holding on to the stocks I have and adding new ones to my portfolio on very bad days in the market.
DYOR
 
greggy said:
The benefit of hindsight. Thats why I'm holding on to the stocks I have and adding new ones to my portfolio on very bad days in the market.
DYOR

Yea. Yesterday, I saw stocks correcting everywhere and this stock kept on going up. I thought to myself that surely this stock will soon follow the market. So I took half of my profits. Thought to myself that I had made a sound decision. Ahh well. Some profit is better than no profit.
 
I am relatively new to all this stock and shares. But I have 4 parcels of WMT lowest @.037c and average of .079c. I have just sent an e-mail to friend and I have "penned" my thoughts to this share. I wonder if you think I am right?


I studied this last night. I re-read their announcements and studied the chart and I think they will still climb.
The most outstanding thing in their ann's is the constant reference to BHP,RIO and WMT. It doesn't matter which tenement, Tanzania, Peru or Denver those coys are mentioned. Now they are in QLD....BHP again.
Add to this the "tip" from Jim Dines and the fact that lumps of 8 million shares and 2 million shares were bought in separate hits yesterday...well I am sticking with them. That is I should say ..as opposed to selling a parcel and free carrying the rest. I reckon I can do that later at a higher price. Even if they do retrace a bit, as I suspect they will, they will finish in the long run above where thet are now.

What do you think? I must say though the chart looks VERY bullish from my meagre knowledge of charting.
 
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