Member Info for goingunderground

IE. You are having an argument with yourself, about something you cannot substantiate with reference to WRES.
Good or bad, its a pointless discussion.

Now what would be good would be Masterman to sign off the Q4 Production RNS. That would be goodly wouldn't it Safetyman.

IE "Personally I tend to suppose more is being shipped than you think (or that which is being divulged by the RNS production figures)"

Ok, So the company are lying in RNS's, understating their income, aggravating their shareholders and deliberately running the company profile down. That sounds likely. What a stupid, stupid thing to say.

IE. Next to useless then.
How much was shipped in last quarter ?

Yeah, hes gone backwards.....

Troajan "facts.....about the bods other employments
https://wresources.com/about-us/the-team/"

Clearly too busy with their other jobs to provide the promised Q4 Production update

Troajan "10 year low....so a traders dream"
Or a company in its final stages of failure.

Published in July 2015
parrilla is mainly low grade,average of 0.10%
but it as some excellent 0.32% and wide intersections
https://www.marketscreener.com/quote/stock/W-RESOURCES-PLC-4004925/news/W-Resources-Drilling-at-La-Parrilla-Yields-High-Grade-Intersections-from-Surface-21518408/
Is it still in hiding 7 years on....?

Published Oct 2016
https://www.proactiveinvestors.co.uk/companies/news/167488/w-resources-eyeing-better-production-grades-at-la-parrilla-after-latest-drilling-167488.html

Published August 2012
This is the best grade,0.55% w
https://wresources.com/wp-content/uploads/2012/08/20120820-WRES-Drilling-update-H3-H4-La-Parrilla-FINAL.pdf
10 years ago and still its in the ground ?

More Old and irrelevant links.
You are spoiling this board. Its not a museum

Published 4th August . https://www.argusmedia.com/en/news/2241006-rising-demand-low-supply-fuel-eu-tungsten-price-rally

Published 24th Sept. https://www.mining.com/tin-price-hits-record-highs-on-low-inventories/

Link doesn't work. https://www.proactiveinvestors.co.uk/companies/news/972194/gm-to-invest-us-7bn-as-battle-for-ev-market-heats-up-972194.htmlhttps://www.iclima.earth/article/forecasting-demand-for-batteries-until-2030-and-considerations-on-supply-different-applications-technologies-minerals-and-costs

So what? Up or down - https://markets.businessinsider.com/commodities/tin-price

Out of date, broken or matterless. Very useful post. Thank you

Thats it Troajan. I mean why answer questions when you can just continue to post more twaddle unrelated to WRES.
What a pitiful situation

Your "Post" referenced an RNS, aimed at supporting your statement "56 gt/au not 50" In which you claim it quoted some numbers (otherwise why include the link to the RNS) So do you mean 56g gold/Tonne of ore . I dont see that anywhere other then what you have written. I can only assume it is a "Troajan fact"

So 56g/t is 2oz per tonne.

"The World Gold Council defines a high-quality underground mine as having a gold ore density between 8 and 10 g/t, while a low-quality underground mine has a gold ore density of 1 to 4 g/t.5? Open-pit mines tend to have a lower grade, but they can be considered very valuable because of the lower average operating costs necessary to obtain them. 11? The council recommends using cost per ounce, not gold ore grading, to evaluate a gold mine."

You just make stuff up consistently.

Troajan. NOWHERE does it say "56 gt/au"

Are you referring to "one of the holes drilled on the project confirmed a "very thick" gold intersection of 56.4 metres at 2.34 grammes of gold per tonne of ore"

Is this what you are trying to convey in your inimitable style of words/understanding ?
If so 2.34g/t is 0.000234% doesn't seem "friggin high grade" to me. Its worth about $100 at todays price.

You do like to make up your own facts.

Troajan "0.80% gt/oz"
Is this a new measurement. what is a "gt" I'm not familiar with it

I can say that 50g per tonne is 0.005% doesnt seem "friggin high grade" to me.

Is this more misinformation ?

Anyways, if its like the Tungsten and Tin at La Parillia its likely to cost more to get it out of the ground than its worth - by a country mile

Especially Regua in those dark, empty, lifeless, damp tunnels. Great for shrooms.

I bet the land would good for a mushroom farmer.

Funny, no mention of the poster with 233 posts in the same period just on WRES. Mostly incoherent ramble.
Mushrooms.

WRONG BOARD

None of the shares have been purchased on the open market, They are all placings as WRES is in financial
difficulties, admitting they continue to have cash flow problems. (Hardly a surprise)
The placings exceed £1.5m in a 6 week period from the 5th November.
None of this is good news for a sustainable outcome
In my opinion the company is in ICU and has a poor prognosis. It needs a miracle for the PI's not to lose their shirt.

Mushrooms

Oh Troajan. Its all out of date now.
Excerpt form the last shard note "Plant maintenance issues and supply chain bottlenecks associated with the above
challenges have led to lower plant availability. Consequently, WRES has adjusted down its full year
production guidance for 2021 to between 650t and 750t of concentrate, c.25% lower than the
inaugural guidance of 880t - 1,000t of concentrate. Current concentrate production YTD 2021
amounts to 415t which would have required a big Q4 (min 465t) to meet the lower range of
previous guidance. Whilst WRES expects Q4 production to be greater than Q3,"

WE know from the last RNS that total production for the full year was a little over 500t combined. Thats a 50% reduction from the upper end of the figures portrayed by Shard in their first note. Not only did they miss there first guidance, they even missed their 2nd guidance by 25%
The figures in the shard table are now rubbish. Total rubbish.

I'm going with Today because I believe .

Sorry, this one is 3 years old
https://www.youtube.com/watch?v=UNo6CxRcg3Q

Market was valued at USD 45.8 billion in 2020 which expected to reach 63.24 billion by 2027 at a CAGR 8.7% from 2020-2027.
https://tinyurl.com/2p8hahbp

Troajan. I hope your employers are paying you overtime for posting all of these 2yr old videos, repeatedly, outside of normal working hours. Alma must be well impressed.