traps7 wrote: Rocketred25,..looking back at a months post here,..Since you brought my attention here by splashing your hype on the BAY chat board...a month or so back when the share price was nine cents..
..In my opinion,..( i do not own wrr shares.) I see alot of frustrated posters here , which is common place on most boards rooms chatter...
...To-be fair to WRR the latest core length was half decent, i will comment though, when reading core length like here ( LC 21-80 returned 7.62 grams per tonne gold over 48.8 metres, including 77.16 g/t Au over 4.5 metres )...this hole is carried to the 48 m because gold being Ductile, the 77 gr has been included into the total length.......
The distance between the low grto hitting the 77gr could add alot of strip ratio inbetween two reading which adds major cost..This is typical of most juniors reporting there core results ,not picking on WRR here ..
.PS..So what happen here,.....Looking back at the PP 35 million warrants became eligable to borrow by Institution Traders...The warrant price ( Warrant shall be exercisable into one Share for a period of three years from closing at a price of $0.13 per Share.)....
...PS,..What happens here looking back at 2 yr chart ,notice the high volume when PP issued which means warrants get borrowed and when news like yesterday is half decent, then Brokers /traders sell there cheap borrowed warrants and inturn drive the price back down...
.This happens in most company PP"s and is not the fault of the Company, but is the fault of the system.. SEC has to step in and stop this BAY St, action and stop the Institutions from borrowing warrants....This ruins the Junior market..
..PS....take your complaints to SEC and tell about the high volume, and capping the sell at the 13 cent warrant exercise price..not having to but y the share, which would see the capital go into WRR treasury.. with out prejudice7
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....Traps7