WMT - Western Metals

[johnmwu3]

URA up 60% now, the highest is up 90%.
http://finance.yahoo.com/q?s=URA.L

 

[nizar]

URA up 60% now, the highest is up 90%.
http://finance.yahoo.com/q?s=URA.L

Already 2.2mil trades traded, >5x the average

Nice one, hopefully we get similar price action here 2mrw.

Up 18% on the open, and then up 25% and gradually to 90%.
That would allow guys like me to get in at the open and exit before close with a tidy sum
Looking 4ward to it!!

 

[Simmo]

Hi Nizar,

Im using this site to keep an eye on AIM shares.

http://www.iii.co.uk/investment/detail?code=cotn:URA.L&it=le

There is a 15 - 20 delay on data.

Don't trade UK shares though.

 

[johnmwu3]

Huge volume 2 days !
Anyone still hold WMT ?
Next year the drilling results come, it may go to 20c, and the company keep good news ann. coming, with solid management and the right location prospect, it shall become the next AGS.

 

[johnmwu3]

The baby soaring again, with huge volume !
Soon will be 10c .

 

[noobs]

Im with you on that one! Amazing volumes for the past three days

 

[johnmwu3]

Great Management Team :Great rise !

Howard Golden EGM–Global Development•25 years experience in resources industry•BHP Minerals, WMC, Gravitec Instruments•Global experience, Geophysicist

Ross Arancini Company Secretary•25 years experience in corporate services•Nelson ParkhillBDO, Consultancy•Finance, Corporate Governance

Joe Drake-Brockman Senior Consultant•30 years as exploration geologist•Uranium expertise –Tanzania & Australia•Technical guidance, field management

Peter Smith Chairman •30 years experience in resources industry•WMC, Ensham, Rio Tinto•Leadership, Mining Engineering

George Bauk Managing Director•15 years experience in resources industry•WMC, Outokumpu, View Resources•Management, Finance/Commercial

Geoff Chapman Executive Director•20 years experience in resources industry•WMC, KCGM, View Resources•Management, Geology

 

[YOUNG_TRADER]

For those who may not know guess who recapitalised WMT?

Ascent Capital via the Stienpries Brothers, other companies they have recapitalised include


- EXT
- DYL
- BLR


And when they recapitalise these companies they take say 10m shares at 0.001c so just think how much they have made with DYL !!!!!

Anyway back to WMT grades do look very interesting!

Those Ascent Capital boys have done it again!

Amazing simply amazing, they are like the golden geese, everything they touch turns to gold!!!!!

 

[CanOz]

What a show this is. Every new trader sould be glued to the screen, watching this unfold. If i could short sell i think i would start at about 12:20 pm...this much action on a Friday...got to be some huge volume at the end of the day!

 

[noobs]

10c will be left in the dust real soon!

 

[CanOz]

The sellers are in there now! .10 was too much to ask.

 

[Raging Bull]

Extremely exciting... !! As I am only new at this my eyes have been super-glued to that screen!! Quick trade leaves me with cute profit and a pounding heart..!! Best way to not get your dayjob done... hehehe...

 

[johnmwu3]

Guess today close at about 9c

 

[noobs]

I'm out @ 9.5c Thanks for the ride WMT

 

[trader]

There is 385 million shares in the company and nearly 300 million will trade
today, I don't think I have ever seen that.

 

[Raging Bull]

There is 385 million shares in the company and nearly 300 million will trade
today, I don't think I have ever seen that.

Yes, it's amazing.. close to 280M trades for the day..


One thing I don't get is that there was hardly any activity between 11.30 and 1.20. Then it just went off from 1.20 onwards...

Any ideas to why? Or is this kind of market behaviour purely random

 

[CanOz]

Yes, it's amazing.. close to 280M trades for the day..


One thing I don't get is that there was hardly any activity between 11.30 and 1.20. Then it just went off from 1.20 onwards...

Any ideas to why? Or is this kind of market behaviour purely random

Its lunchtime. Simple as that, honestly.

 

[Freeballinginawetsuit]

Yes indeedy! Lunchtime no trades then mate.

 

[CanOz]

Here is an interesting question that maybe ex pros like Nick and Co. could answer:

If there is more professional money buying into a stock on a certain day, would you see lower volumes at lunch in a more defined manner. The theory being that the pro's take a more fixed lunch time as its just a job to them, where as day traders and amateurs could be more inclined to still trade through lunch?

There had to be allot of pro money in WMT today, obviously with that kind of volume, and i think its kind of interesting to see such a defined break in the volume around lunchtime.

Any comments?

 

[Raging Bull]

mouth gaping wide open..