Wishbone Gold Share Discussion Threads

[lenigas] 24/5/2021 13:28

10 million have already gone through since the RNS. More like nearly 20 million. You also need to add AQSE turnover of 5 million as well in the last 3 days. So any placing shares at 14p which was at a premium to the time of I recall 12p.

[tidy 2] 24/5/2021 13:24

Warrants at 20p for another 1m to add to the coffers. Thats where its heading. Then we are set up for the C&H 35p+

[thebull8] 24/5/2021 12:54

Congratulations to all the institutional investors/high net worth investors They got to flip those placement shares for a nice profit and get a free ride on the warrants. Maybe buy once those 10million been churned and price is around 14p

[papillon] 24/5/2021 12:47

There's an interesting Bullish pattern forming on the 3 year WSBN chart (a Cup & Handle, or IH&S, call it what you will) that will form once the share price gets above circa 17/18p. The potential target share price would be around 35p.

[zxie] 24/5/2021 10:28

Where is p73 fool?

[jackthecat1] 21/5/2021 09:49

From the RNS yesterday. "Drilling will start shortly".


Ground analysis will commence forthwith in order to refine the locations of first drill targets. We anticipate being able to announce the commencement of drilling shortly.

[lenigas] 21/5/2021 07:54

I reckon it won't be too long. It's now about siting drilling pads for the initial stages.

[everready1] 21/5/2021 07:46

When does drilling start anyone?

[jackthecat1] 21/5/2021 07:37

I didnt know that Lenigas, very good info and important info. I think the biggest news aside from the drill campaign is the fact they are working out of Newcrests yard with Terra search. That for me is a game changer. WHY?, because what will propel this share ( aka GGP ) is a JV with newcrest ( its a given we need good assays), but assuming they are, its the JV which takes us to a new level market cap wise.

I've 300k shares from about 11p, so happy to sit on them as long as it takes.

[lenigas] 21/5/2021 07:23

I think it's a master class from WSBN that their geology consultants are so experienced in the Telfer and Havieron area and that they have a full on exploration camp at Telfer. Anyone else working in the area has to do their logistics out of Marble Bar or Port Headland. Both of these places are 100's of kilometres away. Brilliant play by Richard Poulden to use Terra Search. This means they can use Telfer Airport (only Telfer folk can us that) and can get samples and logistics in an out much easier than others.

[jackthecat1] 20/5/2021 20:38

i'm very excited by the fact the drill team are based in Newcrests yard!!!. thats much more significant imo. JV to come is a certainty imo, we know they have a massive find on their hands.

[lenigas] 20/5/2021 20:35

This is a massive effort from WSBN to do a placing at this sort of premium to the market. Well done RP and team.

[catchingmice] 20/5/2021 15:51

Very good RNS indeed 14p and warrants at an exercise price of 20pThey sound extremely confident this will go much higher

[wapper] 20/5/2021 15:01

Should start to move up strongly now. The Investors @ 14p must be confident that warrants will trigger soon and be hoping that positive RNS re drilling will put a rocket under the share price to enable maximum exercise price.

[wapper] 20/5/2021 14:54

Brilliant news: well done WSBN & GLAH

[supercity] 23/4/2021 16:59

Think I would disagree there - the rns clearly states programme of works over a 4 year period...permit not even mentioned-- The Programme of Works filed with the Western Australian Government for up to 100 drill holes to depths of 300 metres over a 4 year period.

[jackthecat1] 23/4/2021 08:03

from the LSE board re the 4 years. Thats a ref to the permit length , not the drill time. There is NO QUESTION in my mind that a large JV will be forthcoming with New crest. Just no doubt atall. Massive potential here

@Stece

That just refers to the drill permit length. I.e upto 4 years and covers upto 30,000m of drilling.

Once they get to 30,000m they would have to apply for a new permit.

It doesn't mean they have to take 4 years, thats just the expiration date on the permit as these permits are not 'open ended' its to ensure the work gets done by the permit holder and they are not just applying for permits and then, sitting on them doing nothing

[lenigas] 23/4/2021 07:42

It's going to be a very interesting Summer for WSBN. Programme of Works take about 4 weeks to get approved.

[jackthecat1] 23/4/2021 07:35

This is a massive drill programme. Bear in mind the increased mineralisation area theve found is simply huge. No question in my view a JV with Newcrest will be on the cards now, AKA GGP next door to them. Just HAS to happen. WSBN has a much much bigger mineralistion area than GGP on a £800m market cap!.

[lenigas] 23/4/2021 07:30

This is a great news release. A POW allows for these holes to be drilled over a 4 year period. Once they have the POW they can drill these all in 6 months if WSBN want. And a new POW can be put in for further drilling as a second POW. Typically Mines Department are approving these in about 4 weeks at the moment.

[supercity] 23/4/2021 07:06

4 year drilling program - 4 YEARS!Not exactly rushing things here then

[jackthecat1] 07/4/2021 18:07

shot up at the close. bodes well imo

[jackthecat1] 30/3/2021 13:51

cheers, noted. I'll buy some EEE in my sipp shortly.Where do they operate though?, thats the important thing.