Wolf Minerals Share Discussion Threads

[dudishes] 06/2/2017 19:45

After the event mostly. We can all do that!

[dudishes] 06/2/2017 19:38

Seems rumour is struck gold, lets see.

[pumped and dumped] 06/2/2017 19:31

Goto the 2 year monthly candlestick chart.

It looks like we will create a BULLISH ENGULFING candle this month and that hasn't happened for the last 23 months.

The macd is just about to turn positive,the rsi is nice and low and so is the mfi(which is a good thing moving forwards).

First stop 8p.
Second stop 16p.

The longer time frame chart holds more weight and is showing us the way forwards. The increase in volume is backing up the rise and more and more people will buy in as they see the price keep rising.

Only 2 things matter in this game 1) what price you pay and 2) what price you sell. Anyone buying around this level is halfway there because this is definitely the right time to buy imho.

STRONG BUY.

(I will do the short term chart analysis tomorrow - and that's looking extremely bullish as well).

[pumped and dumped] 06/2/2017 15:25

Phillis,

You must admit, I've timed my entry point to perfection!

We are all on the same side and want Wlfe to succeed so let's not start bickering over nothing.

I wish you good luck.

[dudishes] 06/2/2017 13:14

I get your point, tks

[phillis] 06/2/2017 13:03

i do my own Research
P & D says he does also but it appears it is inadequate

[dudishes] 06/2/2017 12:41

Phillis, would you like to expand, as I do not get your point?

[phillis] 06/2/2017 12:11

i do
That is why i know about 24hr working

[pumped and dumped] 06/2/2017 11:57

This has bottomed and has started its long awaited uptrend.

Dyor

[dudishes] 06/2/2017 11:45

Rather poor RNS wrt insider trading:-

Para "Applicant declaration & signature":-

"I not aware"

"In the event of that that"

Even Aussies know the English language. Panic or what?

Seems Mgt and Engs must keep stum when popping down to the Miners Arms!

galeforce1 - I believe BE is 175s/mtu, but info on that score was deleted from website some time ago (dedicated customer in Germany plus one other maybe not happy - set price at the start point). Plus the fact, that extraction problems and lack of product not fairing well to date.

My nephew works there, and I remain long, He knows nothing! Say no more!

Many in the area backed Wolf due to 240ish people gaining employment. I would suggest that we need 7p just to break even.

Good fun though!

Dud

[phillis] 06/2/2017 11:40

24/7 has been in op since Oct 15 - nearly 18 months - on a temporary licence basis
good to have it confirmed for future

The plant does not produce enough concentrate and more finance will be needed assuming the output numbers improve fast enough

otherwise the lenders will take over

[novicetrade68] 06/2/2017 11:33

Well, look forward to your research. Having looked at this during the weekend I just get the impression this company isn't making any money at all and perhaps there's even a real risk the money runs out before there is any recovery in the price of Tu.

[pumped and dumped] 06/2/2017 11:23

Plus the fact that the mine life has been extended will make them more money because the dept payments gets smaller.

They will get more land to the South as well.

Things are starting to turn around here and that's why you are seeing new buyers taking positions.

The charts are looking very bullish indeed and I will share my thoughts with the bb tonight.

BUY

[pumped and dumped] 06/2/2017 11:18

They have only just got permission to do so, it's in the last rns dated 31/1/17 :-

Processing plant now permitted to permanently operate 24/7.

[phillis] 06/2/2017 10:57

they have been running 24/7 for some time now

[pumped and dumped] 06/2/2017 10:45

They have explained how they are going to improve production with new machines/equipment and by running 24/7.

It's a learning process and now they are moving forwards in a more efficient way.

[phillis] 06/2/2017 10:33

W has yet to prove it can produce concentrate in any meaningful quantity

That is the most important issue

[pumped and dumped] 06/2/2017 10:05

That's right but without risk there are no rewards.

There are not a lot of new tungsten projects and this strengthens Wlfe case plus the price of oil is rising which will help as well.

As you say , if you think that the price of tungsten has bottomed and will rise from here,then that makes Wlfe a strong buy at these depressed levels.

Good luck to you as well.

Do you really think that the large institutions would keep putting money in if they wasn't confident about Wlfe's future?.

[galeforce1] 06/2/2017 09:43

P & D

Isn't sharing ideas and research the whole idea of Bulletin Boards?

But no problem and good luck here. It's an interesting project (must be the first major new open cast mining in the UK for decades) and I agree that it could do well if the Tungsten price recovers (which it will do eventually).

But a company losing £15m a quarter, with no cash and very limited credit facilities, has to be treated with some caution.

[pumped and dumped] 06/2/2017 09:41

Maybe you should watch the proactive investor interviews and read the bottom of the last rns!

[pumped and dumped] 06/2/2017 09:36

Im not here to share my research , if you feel the way you do then I suggest that you move on instead of wasting your time on here.

I don't have to prove my case to anyone.Im invested at the bottom of the cycle and that's all that matters.

Just watch the price keep on climbing!

[galeforce1] 06/2/2017 09:30

P & D

My research suggests that the rate of losses is unsustainable and the risk of bankruptcy is very high.

I was going that you, as a holder and presumably a believer in the company and its prospects , would give me the positive case.

[pumped and dumped] 06/2/2017 09:27

DYOR

The whole idea is to purchase a stock when it's undervalued and Wlfe certainly fits that criteria.