Member Info for papaduke

thats also my take on it. CB will be doing a fresh interview soon enough on this placing and what good news it is. We can drill until our hearts content now, it will be cooper all the way now. Fill your boots.

Eh?, nothing happening until July , EXCEPT all the assay results from the drill holes thus far?
This placing proves they know they have a world class find. clear as crystal.

100% ST. i would be astounded if we arent working on a JV now with Newcrest behind the scenes. Hence Sam coming onto the BOD. I'm convinced we have a much larger find than GGP. I can hold these for 15 years in my SIPP if required, so relaxed. Even if we got 1/4 of GGP's find / market cap, we would still be at £150m +. But i think have much much more than that and at shallower levels over a much much wider 3.5km x 1km area. For the newbies, DYOR, its all there in the RNS's from WSBN. Then compare them to GGP's early RNS's last year. Its a carbon copy, only WSBN find is much bigger!!.

100% agree on all you say Luke, thats my exact take on events and infact is the actual truth of it. NO company can raise £5.5m in these times on the back of a fag packet. They all KNOW we have a world class find, much bigger even than they first thought. Its clear as a bell to me and CB has confimred this today in his won words. He will have interviews coming out of his ears now and going forward. The market will really waken up to this project now and its potential. Fill your boots up below 6p for the last time. This sharwe will be going into a different league soon enough.

Cant understand what all the fuss is about. In simple terms, this placing likely proves more than ever before we have a World class find, indeed much bigger than they previously thought. Its not easy raising £5.5m and at 5.6p, its a good call, gives us a very strong platform from here and shows the market we are serious players in our own way. The majors will now be all over this going forward inc AA. If this wasnt going towards 8p / 10p before, then it certainly is now during 2021. The only thing anyone should be doing is filling their boots sub 6p, as it wont be there for long imo. This placing is a shoe in marker for this projects resource imo.

that's cos we are all looking for CB. He's fallen down ones of his O'les. lol.
interesting week ahead. The market always knows first. The volume / price / up or down will tell the truth pre RNS's

Zak says charts indicate 21-23p by end of May.

WSBN near the end of todays BB heroes with Zak mirs

https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-16th-april-2021/#gs.yybo80

100% agree. Patience required. News on drilling campaign and others drivers are all due any day now imo. I hold 600,000 in my SIPP from about 2.10p ish. I see this towards 10p in the next 12 months, if not before depending on news flow. Could very easily be taken over too by a larger player once all the ducks are lined up

Morning, looks like its finally begun folks. Just did a dummy sell on HL in my SIPP about 30 mins ago. Immediately offered 12.85p for my 300,000 shares. Clearly i didnt sell!. this could go anywhere on the start of drilling. wonderful times ahead

My point is, why hasn't there been any update?.How hard can it be. Money talks and if they have strong assays, just pay more to get the fecker over the line in the lab and out in the market for all to see. Stop fannying about with all this cloak and dagger crap. Sort it... NOW. either way.

Exactly right ST imo. I urge people to re read a few times the recent RNS's. Pay particular attention to the survey co ( Terra ) comments near the bottom of the RNS's. They have vast experience in the Paterson range and with GGP on Havieron / Telfer and Newcrest in general. If you look at the chain on events over the last 8 months, its clear they have a huge find. They are preparing for a maiden drilling programme, the lid will blow off this one in the next few months imo. I still maintain a JV with newcrest is a complete given shoe in. Just a matter of time. Very exciting times ahead imo

Indeed ST, very interesting times ahead. What's also clear is that the new technologys they have for 3D / aerial surveys etc which weren't around 10, 15, 20 years ago, these make a game changer difference in identifying larger mineralisation prospects, which is what WSBN's team have found imo. Its a vast area, the modern technology is the key here. Yes, its early stages pre drilling, but even a modest find of gold / copper would propel the share price and market cap from here, let alone a large / huge deposit. All to play for, no question.

https://www.samso.com.au/post/paterson-range-the-forgotten-mineral-wealth-of-the-proterozoic-paterson-orogen-insights

and dont forget the addition of Sam to the BOD. No coincidence, he's a JV deal maker, he's not there to make the tea!!. WSBN know what's coming, its all there if you read what's in front of your eyes!. Read it and re read it. clear as crystal. Its a massive find slap bang in beside the majors!... just patience required.

100% agree ST. anything could happen here!... in a very very good way. the more i re read the RNS's, the more i'm convinced they know they have a massive find. in addition, even more interesting are the comments of the surveyors / geologists etc in the most recent RNS re the larger area increase etc. added to that the placing at 10p and the buying of assets with shares at 14-16p tells you something too. The locals who are taking these shares / warrants MUST know that WSBN have struck gold and a lot of it OR they would want CASH for payment not shares imo... GGP's Havieron discovery is much much smaller than the mineralisation area WSBN seem to have discovered. Early ish days, but i have a very good feeling on this

all depends on where youre entry point was / is and how long you want to hold etc. Long term hold this one.

cheers ST, i fully agree. patience required, but WSBN will start north soon

Surely the clever / shrewd market investors make it their business to understand the likes of Porphyries, so they can invest / buy in at value long before others do, hence making double digit return s for their investors / shareholders. AKA Slater investments and others with say, JLP.

Just plain ignorance if they dont understand the value / potential with XTR, are they all just a bit thick?, or just that they cant be arsed to understand as they are so rich already?. hey ho

I thought it would be interesting to look back at GGP's historical RNS's from 2017 odds onwards. Just to see their growth / stage developments / timelines on their Havieron project & Newcrest Minings Telfer project which are both very similar and not from WSBN's Redsetter licence. In short the more you read GGP's RNS's, the more similar they are to WSBN's current early stage project. Infact WSBN's scale looks potentially much bigger than GGP's havieron at this stage. My point is, WSBN could be in the £100m''s market cap in the months / year to come, so the risk / reward ratio's for me are very very favourable. Once they start the maiden drill campaign, hopefully soon, the next step after that would be to ( like GGP) get a joint venture with the likes of Newcrest nailed in.

I have no doubt atall this is in the picture now. Hence the reason for taking Sam Hutchins on to the BOD in Feb. He is a deal maker for just such a JV and beyond. With the whole Paterson range being a hotbed of gold / copper, WSBN imo is very significantly placed to be a 20 / 30 times bagger in time from these levels. Yes, not without risk, but the more i re read all the RNS from WSBN and GGP, the more i'm convinced we have found a world class gold / copper deposit with WSBN. For all newbies on this thread, take a few hours and read in detail all the RNS's from WSBN, it will open your eyes. We are fully funded for the initial drill campaign too. I've not doubt we will need more development cash going forward, but either through another placing a higher levels and or more likely a huge JV with Newcrest or similar, we have a winner here. At 11p odds and a tiny market cap ( GGP is £700m market cap for goodness sake!), WSBN has the potential to be a real life changer going forward. I hold £30,000 in my SIPP from 11p. I can and will hold for 10 years plus if required. Aiming to add more this month when i've taken profits from elsewhere. Significantly exciting times ahead imo. Dont forget we have much more than just RS in our development portfolio. Just mind blowing the potential here and in a very safe country, very very close to mining infrastructure and world class minings CO'S.