WMG 7.69% 18.0¢ western mines group ltd

new gold project, page-4

  1. 1,121 Posts.
    re: new gold project - 1boyplunger hi Jim

    Pure speculation trade

    Agree pretty much with dist

    except because of the UK intrest the stock could be capped somewhere between 10-15m

    assets in political risk country however if anything is proven up they could buy some political risk insurance
    Am pretty surre political risk can still be puchased for such countries, Im sure UK interests would persue this route

    After a few fly bys ,a couple of holes dug some reasonable samples could push it to 30-45M market cap
    etc,,,,,

    I only like the stock by they way it has been brought of late. Trouble is you cant buy too many without increasing the risk. A 300,000 purchase would put u way into the top 20 ,now if u were a believer & taking a 12mth propsition yeah OK(someone is), but u couldnt really traded it in a slow day. For a small punt could be the go ,really depends on your own risk tolerance

    Reminds me of ADU 12mths ago ,just another gold play with a story.

    I hope u still got PSA

    cheers
 
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Last
18.0¢
Change
-0.015(7.69%)
Mkt cap ! $20.86M
Open High Low Value Volume
18.0¢ 18.0¢ 17.0¢ $15.67K 88.01K

Buyers (Bids)

No. Vol. Price($)
1 23946 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 33110 1
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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