W Resources Share Discussion Threads

[kryptonsnake] 07/11/2018 18:32

It does have 5 billion shares in issue and a share price of less than 0.5p so I suppose that helps the volume side. Jubilee has been dead on volume today though

it has been range bound for some time but eventually that has to break and make a move up or down. It's more likely to break upwards out of the range so I will keep a close eye on the share price and look to get in below 0.5p

[plat hunter] 07/11/2018 18:21

0.35 is only tentative and more of an interest punt whilst i'm watching it :-P..

I'd happily buy @ 0.42

[plat hunter] 07/11/2018 18:18

You're right about 0.4 but this will be range bound for quite some time and it's better than Jubilee on the volume.

It's so consistent here, 0.42-0.47 easily every 2-3 months.. The volume here is a different world to JLP and beats it hands down on that front, but I think it will be range bound for quite a while yet.

Might come and have a play here at the end of the month

[kryptonsnake] 07/11/2018 12:13

Platts,

I'm just looking for my next big investment LOLsss

I think this will out preform Jubilee. Your target of 0.35 is looking unlikely

Buying in the low 0.4s will see you make a nice profit

[plat hunter] 06/11/2018 19:48

Ironically In noticed my link didn't work lols

[plat hunter] 06/11/2018 19:47

This will pop BTW, I reckon it's 4-6 months behind JLP though

[plat hunter] 06/11/2018 19:45

What are you doing here Krypton? lol

[jaf1948] 06/11/2018 19:26

Plat,

Thanks - I didn't know that.

[kryptonsnake] 06/11/2018 19:08

This looks good. Might buy in here after the placing

[plat hunter] 06/11/2018 18:44

Evening Jaf thank you for the link..

When you paste it to ADVFn though, Delete the h and replace it with an uppercase H and the link will work fully after you've posted..

[...]

[barony] 06/11/2018 18:28

Can’t think of any need for cash at all. Thanks for the link JAF.

[marvelman] 06/11/2018 17:30

Yes indeed sleveen. When Masterman pays for one of his Proactive Investor roadshow efforts it is usually a prelude to a cash call. I can here the sound of licking lips from Blackrock and Masterman's in crowd from here.

[sleveen] 06/11/2018 17:00

Must be a placing on its way.

[jaf1948] 06/11/2018 13:58

hxxps://www.proactiveinvestors.co.uk/companies/stocktube/11113/w-resources-ceo-michael-masterman-updates-on-tungsten-projects-and-markets-11113.html

[rodrod1] 06/11/2018 13:21

An updating interview with a very relaxed and confident MM. Tungsten sales before Xmas anyone? Lol.
Proactive dated today.

[plat hunter] 05/11/2018 17:23

It's a perfect share to trade, it bounces from 0.41 - 0.44, reliably with a consistent level of volume and low volatility. That's 7% a pop. WRES is currently a pretty safe bet to trade.

An announcement of production will at the very minimum give it a nice bounce but maintaining that may be easier said than done, at least until positive cash flow arrives.

Personally I think WRES will be range bound for another 6 months. Being tied up in a stock at a time of global re-balancing is not a good thing. You could be making a fortune atm.

As you know I'm calling bottom at 0.35 and have an offer in for purpose of punting only. But speak to ALBTM.. He's range trading here. I'm currently range trading JMAT and FRES but that's a different story

[jaf1948] 05/11/2018 16:34

Plat,

I don't trade. I may have bought a bit too early but at least I have them at a price that I am happy with.

You said it would continue - I don't remember many people disagreeing with you. If production is early (unlikely but always possible), the range will be broken; 'and it will continue to do so for much longer than 1 week' - whoever said it wouldn't ?

Personally, I would not choose WRES as a good share to trade but then not being a trader, my views are not very important !

[plat hunter] 05/11/2018 16:28

Jaf..

How long have you been saying this will go. It's done nothing but trade the exact range I said it would and it will continue to do so for much longer than 1 week.

If your finger is so firmly on the pulse, why are you holding when nothings happening? Surely your'e skilled enough trade the interim?

Lols

[jaf1948] 05/11/2018 15:56

Plat,

And your point is ? Production is not scheduled until 1Q 2019 and the plant is currently being built so we would all expect another week of nothing and still firmly range bound.

What are you expecting ? To misquote Basil Fawlty - 'Well may I ask what you expected ? Sydney Opera House perhaps? The Hanging Gardens of Babylon? Herds of wildebeest sweeping majestically...'

[plat hunter] 05/11/2018 14:02

Another week of nothing and still firmly range bound.

[plat hunter] 29/10/2018 20:22

What about FRES Krypton up 20 od percent since i shouted that out. You keep forgettin that one don't ya lols you soppy loser