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Thechaser,yes correct on the brink of being a major producer here ,time to get in if you haven't already imho ,its trading at a premuim atm
:)
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Rocketship,
It is so nice to have a post not criticizing me for a change. Thank you.
Jaf1948,
You give a fair view of how many in the wings have endured the journey, from initial tailing to where we are now. The final curtain is indeed about to close. It will either be celebrated or die a death, only so many placing, interim loans and false Dawn's before the smell turns rancid.
I am invested and greatly appreciate a balanced view, keeps me tuning in...so keep it coming.
Best of luck to all
Safety,good points there my friend
Safety,
Fair points. All I can do is present what I see as happening in WRES and hope people make the right decision. Alas, I wish I knew what the 'right decision' is but at least people can read more than one point of view.
Jaf, despite my posting that I would not respond to your posts; I would say at least that post provided some reasoning. I take it from that you post out of a sense of altruism and in particular care about the balanced view. It then follows that you must believe that postings on the bb effect buys and sells. There have been posters, particularly from the supportive non invested negative ones, that say the postings do not have any effect- I take it you disagree with them. I should say at this point it’s clear that you have a pretty good mind and you arguments well presented, as they are, would weigh in the minds of readers. So that then takes us to where some may have sold as a result of your posts, and probably at a loss as the SP dropped and they became edgy. Now if your prognosis and argument proves correct you will have saved those individual’s money. However, if the outcome is as I see it is a rising SP with goodly profits you will have cost those you influenced dearly. My view is substantiated by my continued investment, the bb is a shop window and postings are important. If you are truly altruistic you should consider that you may caused some to lose money and will continue to do so. There a number of positive things going on and many which have already occurred; we are now starting production on new machinery and this stage is always difficult for new miners. So yes there are issues, these are being overcome pragmatically and there is huge potential with this company- it would be a shame if a sense of concern borne of personal losses unrelated to this company cause you to erroneously influence. Just saying like.
I have written comments similar to this in the past but I will try once again.
Over the past 10 years, I have lost over £50,000 in three separate companies (money which I though I could afford to lose until I actually lost it but that is another matter). Although I did my research, I also read bulletin boards and reading so many positive and optimistic comments with the paucity of negative comments convinced me that the positive ones were right. They weren't.
I bought into WRES in 2013 but by 2016 started to become disillusioned. Whatever problems arose, positive comments kept being published on here. I realized that if I stopped posting, there would be very little balance on the board for current or potential investors to weigh up the pros and cons of the company. So that is why I post - I only wish someone had done the same for me in my three losing companies.
I have no other motive than that. I am not looking to 'buy in' at a lower price - until production and costs are proved, I am staying out. I am not now, or never have, colluded with any other poster, and indeed have never knowingly met any WRES poster. I do not want anyone to lose money here or anywhere for that matter.
The blinkered people who filter comments will not read this and even if they did, it would probably not change their mind about anyone or anything. That is their choice.