TSL 25.0% 0.5¢ titanium sands limited

well on track, page-33

  1. 6,931 Posts.
    Nose,
    Thank you for your complementary words on my post of November. However, I must take exception to this sentence in your post.

    "Windamurra used to have the biggest vanadium deposit in the world, and the best, because it was oxidised, according to your previous God, Mr Smith."

    I have never ever made any comment about Smith, as far as I can recall, except to maybe quote his words.

    I had not seen the announcement about needing more cash so that was a surprise to me. I do not follow the stocks that closely now. However, they do have Chinese backing in Nobles who are in Hong Kong. Consequently I expect raising cash will not be a problem, and they are nearly finished. AXO still needs cash. I would not be prepared take the risk of investing in AXO. As I understand it from comments on the AXO threads, AXO is not a pure Vanadium play, WVL is.

    As for me and WVL, I now have just over 5000 shares. I have followed it long enough to have bought in during the first try to get the mine up and running and I lost out. I followed the ins and outs during its unlisted period, even visiting Perth to talk to the guy handing it and from whom I did get some inkling as to the character of Smith and I have never disclosed those comments I heard. When it relisted I eventually grew my holding to 96,000 at prices much less than 20c each so that my average purchase price was 47c. I then sold down at about $1.70. I have already made a lot of money from WVL.

    Regards
 
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