Good Call Devon, and boots here have already been filled. Its the long game for the patient ones, and we need the retrace of Tungsten prices to turn around for a boost to SP. My re-arranged mine visit should reveal a few answers to operational questions, so hold the line in these volatile times. GLA.
We waited over 20 years for Brexit, I am sure we can wait another 6 to 12 months before Wolf pays dividends. It is a mining company after all and the price will rise once they start making a profit, this is not some hopeful dotcom but an old industry that will make cash out of a massive hole in the ground, digging that hole will take time. If you had enough faith to buy at 17p then why are you not filling your boots at 6p? This is a long term investment not a quick fix at the bookies.
Whilst I'm still confident this will get back into double figures eventually, I'm coming to the conclusion that it is some way off and I can find a better place for at least some of my money in the meantime. I know patience is a virtue but Wolf have tested mine to destruction!
.....as the graph will show. Marked down again, but lots of appetite for buying at these prices which is no surprise. Decent volume as well with 680k versus 208k indicating plenty of interest out there in WLFE. Still hard to find the bottom, but 6.0p will do for now.
Loved Coldplay and the ELO. Was that your dinghy floating over the crowd?? This will need to turn for me before the Autumn and I get involved with Paris prices for the Arc. The Aga loves to win it, so I reckon Weld will lay out the dual Derby winner Harzand for the race rather than the St. Leger.
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