WSRC Idea
WSRC is what I would consider a riskier play, the company had a PR
on June 22 stating that they are in talks to acquire a gold mining operation
with enhanced recovery net income projected at 3.2B. With the company
having a market cap of 81.21M
This definitely caught my eye. I am skeptical at this point in time but
massive increase in volume over the last couple of days in interesting.
I have initiated a starter position at approximately $0.22.
If all goes well it could see $1-$2 near term based on possible
acquisition.
I am only putting in what I am willing to lose just to be extra cautious.
This is just my opinion. I am NOT a financial advisor, always DYODD.
on June 22 stating that they are in talks to acquire a gold mining operation
with enhanced recovery net income projected at 3.2B. With the company
having a market cap of 81.21M
This definitely caught my eye. I am skeptical at this point in time but
massive increase in volume over the last couple of days in interesting.
I have initiated a starter position at approximately $0.22.
If all goes well it could see $1-$2 near term based on possible
acquisition.
I am only putting in what I am willing to lose just to be extra cautious.
This is just my opinion. I am NOT a financial advisor, always DYODD.
Penafian
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