W Resources Share Discussion Threads

[rookie666] 21/8/2018 13:47

Good to see WRES are being very active on twitter. Steel for crusher in place, Rom wall construction underway...all very positive!!!

[plat hunter] 15/8/2018 18:23

Stop losses at 40 might get called tomorrow. Unless there's an immediate relief in the value of the greenback then we could see 3.85 very soon

[plat hunter] 11/8/2018 23:53

Jaf... You assume that I think WRES will do well in the short term and will only go up in a straight line.There's more than one way to skin a cat and i'm certainly no fire and forget participant.

[plat hunter] 11/8/2018 21:48

Hi moggy,

Just of interest, what is the generally accepted ROI ratio for contentment?

Perhaps obtaining a free holding, no matter the size is more appealing to some and that required growth is far less than both return rates you have stated.

[plat hunter] 11/8/2018 19:14

Hi moggy,

Just of interest, what is the generally accepted ROI ratio for contentment?

Perhaps obtaining a free holding, no matter the size is more appealing to some and that required growth is far less than both return rates you have stated.

[jaf1948] 11/8/2018 08:28

mogwhy,

Of course I realize that there is a difference. But if WRES gets to 2p, then buying at 0.35p gives 1.65p profit per share or 471%; at 0.42p gives 376% profit.

If any serious investor is not content with 376% profit, then I feel sorry for them.

[mogwhy] 10/8/2018 23:40

JAF1948 - "If WRES does well, it will make very little difference whether you buy at 0.35p or 0.42p"

Some very basic maths shows that there is a substantial % difference in the profit.

[jaf1948] 10/8/2018 20:24

Plat Hunter,

I don't understand your logic. If WRES does well, it will make very little difference whether you buy at 0.35p or 0.42p - either way you will make a good profit. If, on the other hand, WRES is going downhill, why buy at any price ?

[plat hunter] 10/8/2018 15:28

Never a good sign when Directors buy during downward trend. It's usually an action to add confidence to an share price and usually has the opposite effect.

I'm only adding here south of 0.35

[sleveen] 10/8/2018 15:06

Blackrock/Hansource or whoever, still selling those shares.

[sleveen] 03/8/2018 13:44

Nah,

sp pumped nicely for the next placing to fund the gold mine project.

[denjon] 03/8/2018 07:25

I should have looked at those buy times more carefully. I'm abroad at moment and forgot the time here is one hour ahead. Whatever if they are delayed buys still an encouraging trend.

[denjon] 03/8/2018 07:16

Very encouraging early buying after yesterday's late selling. Need a settled period of consolidation now and a few items of good news, as we head towards hopefully significant production early next year.

[lalji027] 02/8/2018 07:33

Directors buying def a good sign, theirs gold in them hills,

all of the Tungsten mining and exploration is def worth more then the current share price

im banking on the gold prospect as gold is expected to start going up again.

i can see these go to 1p by xmas

[rookie666] 01/8/2018 22:33

I got lucky with the lowest trough (think around 0.25p) last year. But then I foolishly sold a portion too early (prior to the 0.70p peak)so I could buy other Aim shares (which came to no good). Holding on for dear life now ... Lesson learned... Come on Wres make me some money!!!!

[plat hunter] 01/8/2018 17:18

Good luck and well done to anyone who was loading up here during the formation of the base...

some profit taking at the end but still a huge spread, indicating that there's not much liquidity and more of the same could be on the cards.

I called this one wrong and was certain 0.35 was on the cards before .050

Can't win them all as they say but i'll keep my eye out on this one

[barony] 01/8/2018 17:10

Tungsten production at La P is q1 2019, but there are lots of major bits of kit to install and trial before then and other operations for W, som Sn and Au that could make rns news before then. Plus directors could buy more now and again while we’re still cheap.

[rookie666] 01/8/2018 16:48

Whats the game changer for that to happen? Production? Cash generating or just having kit all full assembled?

[blackbear] 01/8/2018 15:39

I'm expecting this to hit 1p this year

[lalji027] 01/8/2018 11:49

Yep def agree, i bought loads after the announcement.
now time to relax and let the directors do their job and get this company noticed.
At the moment the shares are undervalued as the assets do not add up.

[barony] 01/8/2018 11:06

Always good to see the ceo buy more.

[brucey6onus] 30/7/2018 11:16

Sure you all do anyway but worth following W Resources on Twitter - this morning can see some photos of nice shiny new crusher about to leave the Metso factory in France for LP

[sleveen] 24/7/2018 20:54

... and where is the cash coming from?

[mogwhy] 19/7/2018 16:02

The plan for the gold is now to build a trial mine after the next JORC update.

[rookie666] 19/7/2018 13:53

Do you mean the plan to create a spin off company with a separate listing on LSE for Gold & Copper assets? If so then yes think that has been put on hold for time being....