W Resources Share Discussion Threads

[sleveen] 12/4/2019 20:34

Don't sell any yet, I've a feeling these are going much higher.

[alittlebirdtoldme] 12/4/2019 20:34

You're still lower than you was couple of months ago but anyone would think you struck gold lol

Desperate much?

[alittlebirdtoldme] 12/4/2019 20:32

So when he said sell at close to 0.60 and buy back at close to .40 you decided in your ultimate wisdom and pursuant to your above advice to Wooster, to do the opposite.

When you have a few minutes try and work out how much more shares you could have held for absolutely gratis.

And you was sitting at .41 last week. How long have you been holding here and averaging down for?

How much have you had to crystalise to lower your average cost, which you definitely have, as by your own admission "your're not a trader"?

You've been hammered here and you know it, you're just not man enough to say to that you got a good company but arrived 3 years to early.

[jaf1948] 12/4/2019 20:22

Yes, really.

[plat hunter] 12/4/2019 20:17

really?

lol

[jaf1948] 12/4/2019 19:56

Sorry, Plat, you've lost me on that comment.

[plat hunter] 12/4/2019 18:39

What other safe bets have you got Jaf, you've been hammered on this one.

[excellance] 12/4/2019 17:03

Looking at today's trades there was some chunky solid buying!

[excellance] 12/4/2019 16:55

Fairly solid day. A bit profit taking at the end.

I'm still not sure about this, surely tungsten prices have to rise from here, and wres will benefit?

I'll have to do a lot more reading.

8(

[jaf1948] 12/4/2019 16:49

Wooster,

Your safest bet is just do the opposite to whatever Plat says. It went up this week almost as much as he said it would go down.

[excellance] 12/4/2019 16:19

Yes it is.

Wres look to increase production, but demand for tungsten is weak.

Ying and yang.

[sleveen] 12/4/2019 15:43

sp doing nicely today.

Plant build update soon IMV.

[wooster4] 12/4/2019 15:37

whatever i do, it'll probably be the wrong call.

[plat hunter] 12/4/2019 15:07

Not quite rooster but nothings changed here and there's still time in the coming weeks.

Lets not forget that it went as low as .41 though and I have said all along this will spike as the plant nears coming online.

Question is, you going to cash on the spike or you going to wait until MM fails on recovery and production?

[sleveen] 12/4/2019 14:35

ex


No it isn't.

[wooster4] 12/4/2019 14:33

plat - not quite 0.45.

[excellance] 12/4/2019 14:18

New thread for the new era on mining

[excellance] 12/4/2019 14:16

18-4-19
W have offered its Existing Warrant holders early exercise of 210,714,286 warrants to acquire new ordinary shares of 0.1p each in the Company ("Ordinary Shares") with a strike price of 0.42p and an expiry date of 20 June 2019 ("Existing Warrants"). The Existing Warrants represent the unexercised warrants which were awarded to investors who subscribed for Ordinary Shares at a price of 0.28p per share as announced on 14 June 2017.

In return for electing to exercise these Existing Warrants early, the Company is offering participating shareholders two new warrants ("New Warrants") for every Existing Warrant. Each New Warrant will entitle the holder to subscribe for a new Ordinary Share at an exercise price of 0.60p at any time at the holder's option until 31 December 2020.

5-4-19 video interview from site




18-3-19
At La Parrilla in South Western Spain, the jig and mill are on track for mechanical completion later this month. The majority of steel and equipment has now been installed with electrical and instrumentation installation underway (hxxps://wresources.com/projects/la-parrilla/). Outside the main plant two additional bins will be delivered and installed in April. Commissioning is expected to commence in early April with first crusher ore feed into the plant in April.

The majority of the equipment for the new large-scale concentrator is now on site and after an initial delay in steel deliveries to prime contractor allmineral Aufbereitungstechnik GmbH & Co. KG ("allmineral") of Germany, installation commenced this week (hxxps://youtu.be/s6o761UzrHI). With steel deliveries underway, W expects to be able to accelerate construction of the concentrator over the next two months.

"It has been an intense first quarter at La Parrilla with plant and infrastructure construction completion and production ramp-up running at a fast pace. Completion and commissioning of the jig in April will give us the operational capability to expand tungsten and tin production as part of the second stage of plant ramp-up. It's great to see concentrator steel deliveries and installation commence following an initial delay by contractor allmineral. We expect to hit critical mass installing the large concentrator in Q2 2019, which will be sequenced well with the production ramp-up programme.

"Gold, tungsten and tin projects in Portugal are also advancing quickly and we expect to be able to report updated Régua drilling results and development activity and SRK resource estimates for the São Martinho gold discovery in Q2 2019."

[excellance] 12/4/2019 14:07

Is the header on this thread maintained?

[jaf1948] 09/4/2019 16:16

Don't worry - Masterman will probably announce a new placing tomorrow !

[rookie666] 09/4/2019 14:22

oly sheet - don't go up in price just yet!

No, didn't sell my remaining WRES shares in the end (phew!!). I'm still hoping(praying) for a rise in VAST to facilitate a larger position here. Trouble is we're now in a new tax year and I'm expecting WRES (and my other targets) to rise now.

..Also, I'm under strict orders not to spend any new money on shares - have to save for an extension instead :-(

[excellance] 09/4/2019 13:57

surely this is just feeling its way to finding strength, to change trend going forward, supported by actually producing product?

the question is suppose as they head into full production is return on capital against similar opportunities, and if drilling shows a long term plan.

tungsten is an industrial and military metal, but we are maybe heading into recession or at least a slow period, so who knows?

[mortimer7] 09/4/2019 11:16

Logged on to twitter to see #WRES trending. Got super excited but....
it's the NHS Workforce Race Equality Standard.
Gutted!

[plat hunter] 09/4/2019 11:16

Whoops there it is, literally as i post.

New post high intraday low. Sell now before it's all given back.

Back down to .45 on the bid here by weekend

[plat hunter] 09/4/2019 11:15

4 bottoms @0.50 on the intra minute.

Keep an eye on that as it looks good at the moment but a drop on the bid to .49 will suggest that it will all come back off.

Good luck all.