Post by
knowchance on Jan 04, 2021 5:21am
too many shares
It looks to me like wm is producing more shares than gold. At 788 mil. And climbing a share reverse split will soon be in the books along with a large financing. Wm has a great property here and good grades. Perhaps start mining the fenelon trend or do another bulk sample to get cash flow. kL is probably going to buy the rest anyways but they will steel it if all we do is make it easy for them. I am long WM . I was a holder of Balmoral as well but this is one of my worst performing stocks last year and 5 to 10 million ozs is worth more mined than in the ground. Glta just my opinion.
Comment by
Consvestor on Jan 04, 2021 2:43pm
I bought back my trading position today at 80 cents. I don’t expect that WM will ever get over $2, but there is an excellent chance of a double from here, so I’ll take those odds.
Comment by
itsalie on Jan 04, 2021 3:55pm
fwiw I've been saying that since it was 11 cents..
Comment by
ProudItalianDW on Jan 05, 2021 5:29pm
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