Thanx Nizar i took a lot of interest in this stock from this site way back when Jemma started posting very informative information by the way where is she?
WMT - Western Metals
- Thread starter crackaton
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Hi,
I (from Germany) haven't received the application form for sspp yet: I have WMT from beginning of March. Does it depend on my German bank?
Anyway I would like to write WMT, but I coudln't find the email address of their IR on their web-site. Could you give me the email address of investor relations of WMT? Tanks in advance!
Sean K
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be interesting to see if there is any truth in this rumour this week.
http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2007/04/14/cxmktrep14.xml
http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2007/04/14/cxmktrep14.xml
Sean K
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Where there's smoke there's fire. Sometimes. Interesting.
Not sure how good that is for WMT. It's generally better to be the prey.
True in most case Kennas. However WMT has significant momentum behind it and I believe investors will see this as a significant sign about the potential of the Mtonya project in Tanzania where drilling is occurring.
If the rumour is true then I will be buying more - simple as that. Shows how confident management are in this project possibly being a significant high grade project.
All depends how the deal (if any) is done. Scrip hopefully.
There has got to be more to this stock than day traders on capital raising and good P.R work on its projects. I'd love to know what hasn't been revealed from their projects. Up to 42.5 cents so far today it just seems to be snowballing on news that shouldn't be sending it up this far. I suppose the old adage "the market doesn't lie" is applying here. The market knows something else but when will all be revealed. 
Are you saying good or bad?
Sean K
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I agree with Halba, the market cap is getting stretched here on the 'assets' it has. Although highly prospective, there must be something about this that we punters don't know about, or it's just day traders riding the wave. Needs some consolidation at least sideways, to remain healthy.
Actually does have some excellent trench and surface samples in Tanzania. Radiometrics look outstanding, but that doesn't mean uranium.
Looks to have a good management team on the surface.
Something else is driving this at the moment though IMO.
(holding - those 21 cents shares in the spp look ok at the moment )
Actually does have some excellent trench and surface samples in Tanzania. Radiometrics look outstanding, but that doesn't mean uranium.
Looks to have a good management team on the surface.
Something else is driving this at the moment though IMO.
(holding - those 21 cents shares in the spp look ok at the moment
)My post - neither good nor bad. Just overvalued on what they have currently. Until i see a drill hole to estimate the thickness grade doesn't mean much if its 1m thick. $250m valuation is half of quality stuff like Bannerman with proven results. It needs something. And the strike length of the anomaly was only 500m. This is the Henri anomaly. You can't find large tonnages in 500m strike lengths(if you do you defy the laws of plain geology, or unless the mineralisation is 200-300m deep or very thick)
cheers kennas
It looks like day traders have done a 'number' on WMT. Don't get burnt when the drills only show 1-10m thicknesses of 500-1000ppm grades! I wouldn't be touching it at these levels.
cheers kennas
It looks like day traders have done a 'number' on WMT. Don't get burnt when the drills only show 1-10m thicknesses of 500-1000ppm grades! I wouldn't be touching it at these levels.
I have applied for the sspp using the visa card until the profits made on WMT are put in my account.
No charge yet.
Best of luck to everyone that holds WMT.
If it drops back into the low 30c area i'll be back in.
Zed when did u get yours i'm in Perth as well?
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