Wilton Resources Inc V.WIL

Timber!!!!!!!!!!!

[stoptheleyes]

Looks like this ship has sailed!!!!!! Final Stages my axx. We have been fed a bowl of BS

[DoctorMoreau]

Yeah, a lot of frustration here! From my past experience with this turd I’m not selling into this dip. I have fallen for this too many times. No news, no insider trading, just anonymous selling! It will redeem itself in a couple of weeks and just make you look stupid. Last August it took a good dip like this then early September went from 48 cents to 81 cents in a day. The last news regarding five

[DoctorMoreau]

It all looks orchestrated to me! I still think another financing is on its way!

[stoptheleyes]

Buyers market, guess the time frame has got to the investors? Wouldn't you think that another PP would have been done at a higher price.? The CEO is not orchestrating a lower price, he needs the cash for lmortgage, food, entertainment and salary. Why is there never an update on the Final Stages? 

[DoctorMoreau]

In the past they have driven the price down for financings. I know that this is “tongue and cheek” banter, but I’m pretty sure that most of management paid their mortgages off in the late seventies! Lol. I think that the five year expiry date on the last round of options is a joke. The options will most likely outlive half of the board. I wonder if they have a succession plan? As far as final

[DoctorMoreau]

Sorry! Should read "tongue in cheek".

[stoptheleyes]

Three years and all you get from Wilton is PP's and promises which never seem to materialize. Libya is perhaps the best place for hydrocarbon resources but the worst place for civil , military and political stability. Did I mention corruption? We are expecting a small Canadian company to break into that environment, seems like the market is telling us what the chances are to get a deal. If the

[DoctorMoreau]

I guess it all comes down to who they partner with. I agree Libya is a sketchy place. Therein lies the reward. There have been many new deals approved by the NOC in Libya over the past couple of years witch gives me hope. There is also an upcoming energy and economic summit in early November with the goal of attracting partnerships for energy and economic opportunity. Libya is desperately trying

[stoptheleyes]

Doc you mentioned that there have been many new deals made in Libya in the last couple of years. Are you sure about that because if that is true (verified) then that is not good news really for Wilton because they have been trying to get a deal for several years with no luck. If there have been deals perhaps it is going to major companies?

[DoctorMoreau]

There have been many contracts rebuilding the infrastructure in Libya. Security is a major factor to state the obvious.  Embassies and consulates have been slowly making their way back. Yes you are correct that the initial contracts and work resumptions have been given to the majors.  The next step will be new exploration and development. Lot’s of positive news has been posted on sites

[stoptheleyes]

Well the tag line for Wilton has always been HOPE

[DoctorMoreau]

I took some time to try and find the reason why there has been a sell off of WIL shares. According to the last interim financial statement dated Aug. 30, 2023  there were 40 cent warrants that were probably exercised and are now being sold.   Logically one would think that if that is the case the share price should not go much lower. Who knows when they will be finished, but I’m

[stoptheleyes]

DR M this is getting out of hand, is this company ever in Libya, does anyone know for sure?  I remember from the AGM there was some mention of final stages but nothing from the company since June. Now the share price drops below 40, 

[DoctorMoreau]

I wish I had the answers! Considering that the “other” stages took over a decade its not out of the question to think that the “final” stages may take longer than a few weeks or months. More 40 cent warrants expiring November 12th. Again, just shots in the dark.

[stoptheleyes]

Three months ago Wil was trading at 80 cents and today it is at 32 cents ( 52 week low ) I think the "final stages" are here. Nothing from the company to support the investors or the share price. Garbage!!!!!!!