RE:wow... After reading your BS, understood that you have no idea about these junior explorers.... WM's issue is different.... Some pump and dump already happened. Gold price doesn't help these companies at the moment, since they will get more expensive to explore. Only the current producers will benefit... we are seeing that in ABX now.
mercedesman wrote: What a SS this board is.
All the back and forth doesn't matter a bit...nothing but venting.
We might be on the cusp of the greatest Gold equity bull run in market history. If not now, sometime over the next few years. Right now the catalyst is inflation and interest rates and a dust up in the Ukraine. The latter factor may be taken away over the next few weeks, but it won't matter. in the medium term.
It almost doesn't matter what you buy, as long as it has a connection for the mining of gold (and or silver)
First to move will be the majors like ABX and AEM and NEM (where the newbies go first - you're seeing 5 -8 % gains per day recently)
Along with the Royalty and streaming Co's (I like FNV, RGLD, WPM, MTA)
Then will be the mid-term producers (e.g EDV, WDO, KNT, KRR, LUN, etc.)
then the near term producers - about to bring on produciton (like AOT, and ORE)
then the explorers like WM (there are hundreds more)
the good news is that while the last group (exploreres) may be the last to launch, they will go farther (in % terms).
They just have to wait a little longer for the uninitiated newbie gold investors to find them ...OR...
...they will also be gobbled up in the greatest period of Mergers and Acquisitions (M&A ) that we might see in our lifetime. The aforementioned majors, mid term producers etc will want to grow their resources by acquring cheap oz's - already found in the ground. The majors are bad explorers, and need to acquire the explorers, (or they die).
All this quibbling and arguing is pure nonsense. So for the most part, I'm out of here. Not much to learn when you have to weed through BS.
Anyway, relax...sit back and enjoy. It may be your last opportunity to acquire cheap gold companies - most of which have been beaten up badly in the last 2 years (this one is no exception). Now its time for them to 2X to 10X.
glta
MM