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GW123
I firmly believe that WRES will become a mid tier miner and that you will end up with a profit when they do mate, I certainly hope so and wish you well, I too am well underwater but expect that to change in the coming months.
Plus, oh how I wish my average was 20p. It’ll easily get back to that, no dramas
Up to you what you do Joey but I’m in a bad position here as well with over 135000 of these averaging 80p approx. I’m not worried though as you’ve not lost any money until you sell and I’m confident they will rise big time soon. I’d hold until you at least break even. I’ll decide what I’m doing when it happens
There is nothing stopping this being a high value stock due to the need for all the metals for EV’s
With respect to the option for long term holders of bailing if we get to even break : speaking for myself, if the share price gets to break even it will, as a minimum, indicate good production levels, which in turn would bring refinancing at lower rates. for me, Breaking even would be the harbinger of more increase for the SP and that we are becoming a mid tier producer situated in a EU jurisdiction , providing metals that are increasing demand- so its unlikely I would bale any unless in need of some cash. However, given the torrid time with the SP so far it would be understandable if there was relief for others at getting money back. IMHO if we get increases in SP it will be due to perception of profitability and good figures- not really the time to sell I think.- unless of course your are into trading and understand those matters more fully than I do.
Joey you can’t blame other people for you loosing out on this share as it was your choice to invest and you should alway.s DYOR
Going underground, that’s right :-)
Old mother - I’m not bailing out, no point now as Iv lost that much money here. I just sit in the hope that I may recover something from this but I’m not very hopeful. This company has been a complete shambles for the last two years that I have unfortunately been invested here. Kind of what I get for listening to people like Trojan and his homies. They have no idea what they’re talking about and have been dickering people into this share for all the time Iv been invested. It would be a wise move not to listen to them, it’s lost me quite a bit of money.
Stevebt.
Unlike Getinthere, I think I understand that you saying that if it rises another 0.4p you are in profit ? Well done
Joey, with the SP on a rise, It seems a funny time to bail out unless you're desperate for the cash of course?
Daft to sell now IMHO
At least wait to see the July figures
It's not going to fall any further.
Stevebt
I take it you meant 40p not 0.4p ?
But in answer to your question I won’t be selling until I believe that WRES have realised their potential mate.
I’m bailing but unfortunately I don’t think there’s any chance this is ever going to get to 20p. Here’s hoping though. The worst performing share I have ever owned and I would warn anyone from buying any
0.4p and I’m in profit, will all the long time holders bail once they have broken even or are they planning on riding this up as far as MM thinks it can go?
About 20p in my case, I’m about 80% down on this crap
I was wondering what the SP would have to be for the chat to return to all things gardening and nuns, HBobs budgie smugglers and the like? Perhaps come Autumn, we might find out?