Member Info for BradleyBiggle

I like a rise but would prefer slower than this. Seen this retrace so many times now.

Before dates for drilling I’d expect it to bounce all over the place :/

What I don’t want to hear is drilling next year… which will be delayed by Australian summer. They need to get drilling date announced ASAP or this is another RP string along

A new (yet already failed) company that’s presumably worth nothing, reverses in, to take 70% of a company worth almost nothing.

And, if I understand correctly, if it doesn’t happen in 6 months AIM will strike us off.

Would be an elegant ruse to explain away total loss as simply the misfortunes of a deal collapsing.

They’re odd. But I’ve always seen them. Someone once suggested it’s MM’s. I suppose there’s no real cost for them, so they keep it small to protect against volatility? Though isn’t that what the spreads for?

That is quite a large buy just gone in ~40k.

Baller move.

Fair, however dilution has already occurred. Though I accept there’s atill downward pressure from the new shares.

In the end, I prefer to enter when it’s still full dispair. If you’re concern with a slow trend down in the near term, avg down.

But honestly, you’re gambling here so should be writing the money off anyway. Who cares if you lose 50%+ in the short term. Or buy at 0.35 or 0.2.

You’re coming in with expendable funds in the bet of a future, (maybe) life changing upside.

Sorry to LTH here, tough journey (to put it mildly).

However. Knowing RP, and having followed this for a while…. placing done, spin machine starting, price on the floor. It’s a tempting gamble, tempting enough for me to come in.

RP has a knack of finding a way. Whatever you think of him, at this price, his interests might align with yours.

Been tempted to come in, but this spread… now plus the bounce… and the placing.

Placing out the way and some serious news/plan, this could tear away again.

Oh, and for what it's worth, I trust RP as far as I can throw him... in the end, I take the view that our interests broadly align here. But, let's not pretend the guy isn't a slippery lifestyle CEO.

Before this he was flogging cheap refinement gear to illegal miners and had Mark Thatcher on the team - yeah that class act, convicted for his part in organising a coup in East Africa. Jesus, can't want for this to exit.

There’s something that's not been commented on recently but was prominent around the time of acquiring the option for exploration. Previous exploratory drilling conducted some years prior to WSBN and did find gold, so far as I understand.

Assays of drilling presented trace gold and other “pathfinder” elements . The drilling however stopped short of the main target identified in the recent WSBN magnetic survey (details in RNS linked below – main points of interest in bottom few paragraphs)

To my reading, what we know is:

- there IS at least low levels of gold present, as found in chemical assays among other “pathfinder” elements in old exploratory drilling
- historic drilling didn't hit our (now) identified target due to limits of technology at the time
- WSBN drill cores have now accurately and comprehensibly penetrated our target
- WSBN cores look rather promising and appear unabundant with these previously discovered pathfinder elements
- Telfer is still only 15 km way
- target is at shallow depths, increasing likelihood of viable mine
- recent consolidation and/or appetite for JV in the region
- patience is required for imminent results of assays

It's a tight time of year, in poor market conditions. I do feel for folks pulling out at this point and I may add. Though, I'm fairly extended on this and ultimately my avg at 8p, 12p or 15p won't matter in the long run either way.

Out of interest, I selected "Buy" on the Opinion dropdown which is odd, because I liked it at 10p so I should love this at 6p. I suppose if I wasn't already pretty loaded it would be a Strong Buy to me.

RNS - 18th Feb 2021 7:00 am RNS New Gold Targets Defined at Red Setter Project
https://www.lse.co.uk/rns/WSBN/new-gold-targets-defined-at-red-setter-project-uillx7vd7vlw7j3.html

No one cares TBH, Red Setter is the main reason people are here. Technical indicators on the chart show the price at near term support now (I've been waiting for this retrace to nibble more). Expect price to bounce around at this level for a week, assuming no Red Setter news.

TBH - kind of nice to have the full panic shake out done sooner than later. Can park this and relax for the next few months now.

Nothings changed, looked great at 15p weeks ago, looks even better now. I didn’t really expect drilling for a few months anyway with busy rigs.

Fair enough, gamboy... I can't honestly understand why anyone would bother trading a stock that could 100x multi-bag. :) I mean, you might get a few more shares... you might not. 100x not enough for you!? :,-D

I wouldn't expect an RNS telling us that the event that was just RNS'd has now happened :)

I'm trying to be patient for the drill commencement and results... trying! So, so much potential here. Just life-changing as some folks have said, and we're right at ground zero still.

Price movement is strange given the buys... a placing/warrants working through?Not complaining, great to see the confidence ahead of news.

You’d have to prise my shares out of my dead hands :)

Congrats to anyone managing to get in!

Completely agree ThePunter1.

After this rotation to recovery stocks, anyone looking for growth presumably will be coming to small cap potential monsters like this and SPAC’s, etc.

Next couple of weeks could be a mess everywhere. I’m just taking positions and looking forward to a great summer! :-)

Interesting watching the GGP CEO stress his background in multi-assets businesses and that being his ambition for GGP.

Can’t help but wonder if a merger with WSBN would be well on the cards.

https://m.youtube.com/watch?v=ac3RhaamyMM

“Mechanism for the transfer of wealth from the impatient to the patient” :-)

Ha, some decent buys taking advantage of the drop. Same thing last week, congrats to the buyers picking up!

I think the main point will be to confirm the size of the area we're dealing with and the position and direction of exploration drills right?

So we're just looking to confirm a large site and good initial core analysis?