RE: Gold on the run again...10 Nov 2025 07:43
Of course, here is a short post focusing on the value proposition despite the short-term share price drop.
🚀 Wishbone Gold (WSBN): Don't Panic on Share Consolidation Noise! 💎
The recent drop following the Share Consolidation RNS is unwarranted short-term noise and completely misses the bigger picture.
The Consolidation Is A Strategic Positive
* It addresses the high share count, making the stock more appealing and accessible to larger institutional investors.
* It's a necessary step to help maintain a stable listing status, which is critical for the long-term health of the company and potential future partnerships (like a JV on Red Setter!).
* This is about cleaning up the corporate structure in preparation for success.
Why Now Is The Time To Be In:
* Red Setter's Potential: We have visual evidence of strong alteration and the intersection of a breccia pipe—hallmarks of major gold systems in the region (like Telfer). The definitive assay results are the key catalysts we're waiting for.
* Gold Is Rising: The gold price is regaining momentum, adding significant tailwind to all gold explorers, especially those sitting on high-potential targets like Red Setter.
* Risk vs. Reward: The market has reacted to the administrative news, not the geological news. This dip offers an opportunity to buy the long-term, pre-discovery value at a discount.
The fundamentals remain simple: Gold is going up, and Wishbone is sitting on a high-impact, potentially world-class asset. Stay focused on the Red Setter assays!
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