Wishbone Gold Share Discussion Threads

[lordlucan1] 28/7/2021 13:31

Simple buy, hold and get rewarded Q4.

[david gruen] 28/7/2021 09:24

Back to 20p!

[david gruen] 22/7/2021 10:53

@TW I hope you're topping up!

[david gruen] 22/7/2021 10:53

Purely on technicals. I care not for fundamentals. Volume signatures show that it's not only PIs playing this one. DYOR

[tmmalik] 22/7/2021 10:43

How you calculated this projected price and at what stage ,resources estimate ? Etc

[swingbysome] 22/7/2021 10:30

David Green ....... I had the resistance line drawn at 18p /share but with the second of the three options triggered swelling the company coffers that 18p /share target has gone out the window . Hence your 33p /share doesn't sound to unrealistic to me with drilling weather returning to Western Australia ....... hum ... 33p /share I'll bear that in mind .

[david gruen] 22/7/2021 10:22

I have a projected 33p target here.

[tmmalik] 22/7/2021 10:09

See I join the right time ,seems very quickly it will reach 14p ,dyor

[tmmalik] 21/7/2021 08:33

First time get into wishbone this morning ,after my research .seems it will turn out to be another GGP .

[swingbysome] 20/7/2021 10:55

jackthecat1 I doubled up when the bid started rising hence happy to get my buy at 10p /share . With my average share price now just over 11p /share I feel 18p /share will be resistance on the upside with hopefully where we are as support .

[jackthecat1] 20/7/2021 09:49

i've added heavily this AM. Utterly over sold. Madness. Easy double your money from here

[david gruen] 20/7/2021 09:46

Targets from here are 22p then 30p. Downside risk 1p - 1.5p DYOR

[swingbysome] 19/7/2021 21:00

Catchingmice I agree with you but feel under 10p /share may come true with global markets reeling with covid19 fears . My only holding is in Wishbone Gold and I'll double up if under 10p /share is reached .

[catchingmice] 19/7/2021 10:15

Not a good day across the board looking at stocks in general.However see it as a good buying opportunity at these levels

[knightrider69] 14/7/2021 18:56

It's not coming home

[swingbysome] 10/7/2021 10:51

with Western Australia about to exit the wet season I wouldn't be surprised to see an RNS regarding drilling at the Cottesloe Silver / Base Metals project in the not to distant future . Be nice to add a few below my last tranche buy price of 12.35p /share but there you go greed . Some are still dreaming of under 10p /share before tip toeing in . More likely to see 18p /share than that though in my opinion . Traded Xtract Resources for many years hence have a fair idea when to enter and exit a position , Yep exited XTR after $10 million of placing shares miraculously disappeared or is the high volume of trading days shuffling them in the market by the MM's on a downward spiral . They did rise from 0.5p /share to 8p /share with those two placings of $5 million worth of shares each hence make of it what you will . I noticed assay results for Bushranger were so low open pit mining was being considered but there you go the MM's still have to place those placing shares in the market . Thankfully WSBN doesn't have that problem being fully funding for many projects and of course season change in W.A. from Wet season to Summer ..... what's not to like .

[deanroberthunt] 06/7/2021 11:07

fully funded now from a placing at 14p, for what could be a transformational drilling campaign....too good to miss at 12p

[catchingmice] 06/7/2021 09:58

Back in the Blue now and i can see this hitting 15p-17p by the end of the week

[swingbysome] 05/7/2021 07:15

jackthecat1 so your hopeful of getting in at 10p /share when the recent placing included options at 20p /share . Meaning not only is Wishbone fully funded for the drilling campaign but have future funding that will no doubt come in handy at a later date . Most probably when the share price is a lot higher than 20p /share .

[jackthecat1] 04/7/2021 20:08

altogether all very wonky indeed. 10p again i'm affraid. MGT are utter clowns. What pish RNS. were they drunk?.

[swingbysome] 03/7/2021 14:11

My take on the recent retrace is the placing done on May 20th @ 14p /share . Whenever I've seen placings I've always seen a retrace to approx. 5% below the placing price which on Friday I saw . So just under 13p /share allowed me to buy a few . Of course traders followed the spike up to 20p /share and the canny sold out some with a profit others just jumping over the cliff edge but that's what traders do . Me I'd rather buy when the hype is factored in . Was hopeful for 10p /share and maybe some still are but as I've seen with Gold miners in Australia good news can be transformational whilst bad news tends to be swept under the carpet with focus switched to the next rainbow . I like Western Australia more than the East but then I have worked more in the West . As for weather even with flash floods in the West they are nothing compared to the cyclones East Australia is subject to . So location suited me too

[jodalu] 02/7/2021 15:59

geko i think we where in ggp at the same time and yes you are right i remember buying in GGP with a market cap of just over 2 mill sadly i sold most on them on the road to 30+ without GGP and rio etch in the area this would be worth half but at guess the risk rwards are changing as more discovery happen in the area sorry for my English not my 1 st or second language

[geko5trade] 01/7/2021 15:26

jodalu, '...is to be expected...' Yes and no imo. I was in GGP from .2 something of a penny and their announcements were always professional. That applied even when they had to give news that punters didn't want to hear! So I don't think being a minnow precludes that approach. In fact WSBN's market cap is currently at least 4 or 5 times GGP's when I was first in them. Having said that I still agree with you they are in an exciting area and they could have something big. If they do it will be multiples. In fact the multiples will appear well inside 5 years if they get on with the job and have positive results. We'll see...