Wishbone Gold Share Discussion Threads

[swingbysome] 17/11/2021 22:46

looks to me like the Market markets still have shares left from the last placing done at 14p /share . Can't see anyone else being able to sell 100k share lots for a profit and that's what share traders do who have that kind of money behind them .

All in the name of closing one huge shout from the placing at 14p /share . Whilst all along WSBN , BOD have been proving up the fundamental value of WSBN hence like XTR I expect to see huge bounce when the MM's can eventually close their short . Now that will take some volume or the share price will be squeezed lower with an even bigger bounce . All in my own opinion of course but thought worth sharing .

[morningswimmer] 12/11/2021 16:24

I guess whoever was selling has finished

[davemarn] 12/11/2021 11:20

Dog with a bone?


Meanwhile people are accumulating

81% been held at June reporting data/date... remarkably more popular than the share price is saying:

[neo26] 11/11/2021 23:21

Placing coming

[wapper] 11/11/2021 09:25

Looks like may have turned now. Flurry of buys in last 15 minutes

[sadia30] 11/11/2021 09:11

Why is this dropping so low?

[flughafen17] 10/11/2021 14:53

Gold surging, will be good for the juniors who are bombed out, WSBN sitting at 12 month lows, traded at 21p in Q1

[thelung] 03/11/2021 07:36

It's overdue based on their own timeframes given in RNS and not updated since!

I'm not talking about the share price now versus the past, nor am I talking about the actions of market participants, nor am I comparing it to any other company..... and I'm definitely not complaining about the current share price

[swingbysome] 03/11/2021 07:08

TheLung

overdue for those who loaded up at 20p /share but not overdue for those adding now or buying in . We got a fair idea through RNS's what the fundamental value of WSBN is worth but like I posted previously Market Makers generate their profit through wild swings.
Me I'm delighted to add at these lower levels since the weather in Australia is now perfect for drilling / test sampling , etc ..

[thelung] 02/11/2021 18:35

Interesting. XTR is still a good trade from time to time. Back to WSBN, an update from the company itself is what's required and it's overdue as per their own timeframes.

[swingbysome] 02/11/2021 14:56

TheLung

I had an email from one of the large share holders investing in XTR this morning . Much more detailed than what Colin ever puts across or should I say try to put across but even reading this stellar account of future possibilities / probabilities I wouldn't invest there again . To me it's the chairman's job to make the company work for the shareholders creating wealth and the Market Makers job to set the market cap / share price fleecing share holders to make their profit with wild swings on low volumes trading days .

[thelung] 02/11/2021 13:55

:-) I agree that they're fact based and they are also positive to me too, but even Colin Bird tends to stick to RNS timelines or he updates the market accordingly. Delays are part and parcel, as are impatient retail investors, but ......

[swingbysome] 02/11/2021 11:47

TheLung

all WSBN , RNS's issued are fact based and to me positive for the companies future . If you really want a BOD that churns out endless RNS's of waffle why not invest in the likes of XTR . There it's a case of pump for the next placing which the chairman always says is never coming but funny enough arrives anyway . Hence to me I'd rather the BOD do work beneficial to my investment not pro active ramping .

[thelung] 02/11/2021 10:28

How's about a comment from the company as opposed to the 'crew'?

[hotrocketshares] 02/11/2021 09:57

Still strong supporters of Wishbone GoldWatch the space Shareprophets articles and news

[neo26] 01/11/2021 11:48

Investors are fed up nothing is happening.Company is trying to hump on ggp success.Lenigas and Poulton more interested in vlrm.

[swingbysome] 28/10/2021 15:26

lewisquartz

changed my mind and had a top up at 8.847p s/share . Even considering covid 19 slowing progress down in many ways I feel lab results could arrive early next week or even before . Just a feeling from watching trades , no crystal ball or any such like .

[swingbysome] 27/10/2021 11:33

Lewisquartz

I read through all the RNS's over the last year last night and come to the conclusion this drop is either due to the warrant share sales from 21st July , when 3,703,704 new ordinary shares were purchased at 3.3p / share for £122,222 . Or it's Market Makers closing shorts before news which always causes a tree shake .

Nonetheless with so little volume going through the books other than MM activity I'm waiting for under 8p /share to top up . They'll take it as low as need be to fill their shorts then we'll see a huge spike when news is delivered locking out all those stop lose triggered , panic sold , etc..

[lewisquartz] 27/10/2021 08:55

I think this is the bottom , all aboard back to 11.50 . Time for a top up

[swingbysome] 26/10/2021 13:57

Terminator101

Just read the other BB where the de-rampers are trying to get in as low as possible then ask yourself whether the Market Makers do tree shakes before news is due .

One even claimed it would be to hot to work ..... lol ......... having just come out of the rainy season be a bit illogical . There again I've worked in Australia hence know what's real and what's a de-ramp just to buy in as low as possible which never happens .

[terminator101] 26/10/2021 12:11

Seems that even the mighty Casper can't keep the ramp going on this.

[swingbysome] 06/10/2021 19:34

neo26

That's where research and experience comes into play . For a more refined comparison Xtract Resources is also a gold / silver / copper prospector & miner but has had huge placings producing placing shares that from experience can take up to 2 years to work in with the share price down trending throughout . Whereas WSBN had a placing when the share price was at 14p /share and has stayed relatively stable since but then that could be the news WSBN has issued via RNS has been fact compared to XTR who state the copper samples look good even when previously giving copper ( CU ) grades of 0.25% . Hardly good and at depth hence they are now back tracking to open pit . The MM's still have those XTR placing shares to offload some call them an overhang but hey if nobodies buying them then the MM's churn them in on a downward trajectory . All in my own opinion of course .