Post by
EvenSteven27 on Apr 16, 2024 5:13pm
Possible Intermediate Trajectory Based on Aya Observations
Aya Silver and Gold was the last mining company to do a similar deal with Eight Capital. Deal was done early February. 2023 Aya stockprice kept bouncing between $6.60 CDN and $10.40 CDN. Eight Capital started buying chunks on public market for 2 or 3 months and price stayed around constant $10 CDN (no ups or downs). Immediately after Aya/Capital Eight deal Aya retreated back to $9.50 CDN (February 23, 2024) and then a spike to $13.28 CDN today (still spiking and went up another 7 cents today). Based on WRN following a similar trend to Aya, I am going to predict a modest uptick to the $2.36 CDN to $2.50 CDN by summer, but as moment gathers at some point it should transform into a breakout. It all depends on Sandeeop's management and negotiation skills. I think next step is to initiate talks with Ameer Al-Jundi. Rio is too tied up with other stuff. Get Ameer involved and catch Rio off guard.