WMT - Western Metals

[zt3000]

Too much selling pressure. Probably due to slow market today.

 

[Atomic5]

No idea why WMT looks like a bargain at .10c and not at .078c

 

[zt3000]

Looks as if the buyers are coming back. Maybe they consider this a bargain afterall

 

[Snakey]

yes i have re-entred this one based on the proven resources ann. and price movements
i hope to see break of 10c in the next few days

 

[SevenFX]

From a chart pov, doesn't look great since failing full extension from retracement.

Today being inside day, sets no direction, hence day of indecission

SevenFX

 

[zt3000]

Looks like today was a day of profit taking and consolidation. See what happens tomorrow

 

[mickqld]

This company now holds tennements over 13500 square km of uranium bearing land in Tanzania. That is a massive amount of land. I believe they are sitting on huge deposits here possibly some of the biggest in the world. The next 12 months is certainly going to reveal just how much this company could be worth. They have a very experienced team guiding this company and I think they have a very big future ahead.

 

[PureCoco]

I like the diversification across continents with tin, uranium and copper (I am sure they will find other little things on the way). covering the north and southern hemispheres for climate, politic and environmental issues. They do their homework and work within their budget.

 

[zt3000]

Hype has died for this stock. Nothing will probably happen untill a further announcement is made.

 

[Snakey]

Hype has died for this stock. Nothing will probably happen untill a further announcement is made.

i disagree watch for completion of three day retrace ...thursday / monday will be interesting

 

[zt3000]

Lets put todays performance down to profit taking

 

[Snakey]

right on time this thing is now going to break 10c imo
break will be on monday says my crystal ball

 

[Atomic5]

right on time this thing is now going to break 10c imo
break will be on monday says my crystal ball

Generally slows to a crawl. Last 2 months were very slow.

 

[mickqld]

Generally slows to a crawl. Last 2 months were very slow.

How do you class this stock as slow over the last 2 months when it has doubled in price and traded well over 1 billion shares?

 

[zt3000]

right on time this thing is now going to break 10c imo
break will be on monday says my crystal ball

Not sure 10c will be broken today snakey

 

[Joe Blow]

Well.. no break of 10c today but looking very good for break in the short term(maybe next few days) this thing must break 10c sooner or later imo ...just a matter of time...

yes i have re-entred this one based on the proven resources ann. and price movements
i hope to see break of 10c in the next few days

right on time this thing is now going to break 10c imo
break will be on monday says my crystal ball

Snakey, please do not post price targets based soley on a hunch, wishful thinking, tea leaves or your crystal ball. Price targets must be accompanied by some sort of reasoning or analysis. WMT is currently trading at 8.5c and doesn't look like its going to break 10c anytime soon.

So please, if you are going to post price targets, give us some solid reasons for them.

 

[constable]

Now I could have sworn this was in for a tanking but has had a rally of sorts and is back at 8.9c ... only 11 more ticks to go, now which monday was that snakey?

 

[SevenFX]

... only 11 more ticks to go, now which monday was that snakey?

He did say it will be a up day today going by his 3-4 day rule, and guess he's right, as it looks like a close above Thursday, JUST.

Though he's not around today, so I'm gonna be Snakey for today.

 

[Snakey]

crystal ball did not allow for friday oz day as ball from china
ball is running one day out... stupid ball

 

[constable]

crystal ball did not allow for friday oz day as ball from china
ball is running one day out... stupid ball

lol sounds like your like you've got your balls covered!!
Anyway strong finish @ 9c