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Looks like some investors patience has run out.
For me,this is a good buying opportunity when others are fearful . A good risk / reward play .Gla Dyor
Reference Red Setter.
RNS 4TH December 23
Results confirm a significant gold system with a mineralised strike over 3km.
Reference Red Setter
RNS 4TH April 23
Expert Geophysics comments
A dome structure analogous to the Telfer Dome structure .
Must be some news due regarding the diamond tail drilling of selected holes to target depths??
I am a long term holder of Wishbone and have not been paying too much attention to it’s current affairs other than the terrible share price performance the past couple of years.
After spending 5 mins reading back through this thread I have certainly not missed much judging by the complete ramping nonsense that certain posters persist on churning out a regular basis, one can only pity these people….
News is key here we need evidence of an extractable product. Management have been slow over the years identifying and drilling target zones. Hopefully ones patience shall be rewarded…. However judging by where most exploration stocks on AIM end up one struggles to be the smiling optimist. Hopefully I can be proved right.
Today, the POG has hit another record of $2141.
Yet the WSBN sp has dropped again.
This has to be one of the cheapest, if not, actual, cheapest, gold mining explorer sp's currently, and in the Paterson IMHO!
I increasingly now believe that any, even medium hit, at Red Setter, and/or Cottesloe, would rocket the sp to multiples, very quickly, but especially with the small WSBN sp free float.
Yes, it's high risk, sure, but there's risk, and there's a 'no brainer', IMHO.
Personally I think we'll be seeing the usual, "I just wish I'd bought in at x p" soon now!
Why haven't we had the Cottesloe assay results? Are they not well overdue now, or are WSBN simply not going to bother releasing them to us?
I'd prefer GH to DL but what the h*ll are we doing at this MCAP. Previous cash raise was to 1 private investor (not specified) as per latest RNS - 25M shares @ 1.2p for £300K. :o).
If anyone, I suspect its Gervaise Heddle
Nearvana
Please can you inform where to find this info regarding private investor. Thanks
I wonder who the 300k private investor is . Could it be someone like David Lenigas . He seems very bullish on Red Setter and other Wsbn prospects talking about multi multi bag possibility
Rp commented on a post this morning on x saying the results are coming very soon apologies for the delay and not meeting expectations
Very low volume of trades still but SP is gradually strengthening it seems A good news announcement and 4m mkt cap will be long gone
I wouldn't assume anything at this point.
One thing is for certain, at this level if we get good news this will absolutely rocket 🚀
Yes, I'm sure they know.
If they were any good RP & Gasbag would have shouted from the rooftops & posted lovely, shiny pictures of cores that look loaded with gold.
But they haven't, have they?
I'm guessing Wishbone management will know the assay results by now ?
If so, they will be developing a strategy based on those results fot the imminent new mining season. Hopefully it will be very positive news soon GLA
Bloody phone! Need some more buying action and the chart could start to look very tasty
Blue we go! Need some more buying acti
3 now mate
Two nice sized buys again.....watch this motor from this level
Just a case of when not if imho
A couple more chunky trades like that and we will be blue
News has to be close now
Perfect this is the time to speculate when the SP and cap are on the floor.
Tuck them away. News anytime now.
Indeed! There's a great piece published on Friday from Charles Archer about GGP/Telfer/Havieron, with various potential options going forwards. Most of these could well involve Wishbone, but especially, of course, if Red Setter comes up trumps!
https://investingstrategy.co.uk/mining/gold/greatland-gold-choices-choices/
With the recent developments over at GGP, assuming our project results are good, we could be well placed for an approach for a JV on wishbone projects from GGP or if excellent results then who knows even Newmont might make a strategic investment
Lol
NO.
GLA GT1
Can anyone update what’s going on in here ?
🙏