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wah why today volume so high?
Sleep for too long already :) time to weak up.
Lawrence, please update what is your Great Project status and where is your first gold from you?
Waiting for its next earnings report and assess it' s forward looking statements. Any one know when company will update results?
Are You Ready for your first gold from Wilton?
Any more recent updates on this piece of news?
tec96157 ( Date: 13-Jul-2016 14:48) Posted:
Ini Kalilah... Huat ... Mining start on next month... :)
http://www.wilton.sg/pdf/W_News_1Feb16.pdf
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Don' t SLEEP BABY.... Weak Up now ok hahha
Ini Kalilah... Huat ... Mining start on next month... :)
http://www.wilton.sg/pdf/W_News_1Feb16.pdf
The beauty about wilton is that it havent even produce any gold yet...
Yet the price has been rammed up...
Also it has 2 over billion shares issued...
So its kind of risky when mkt turns
you surely got this one right !
Leo2015 ( Date: 08-Jul-2016 19:03) Posted:
Wilton on a strong uptrend, and should easily shoot past 10c next week.
daily n monthly charts looks gr8 with possible resistance around 12c.
paul1688 ( Date: 08-Jul-2016 17:36) Posted:
| With the RTO, most retail investors did not even realize this is now a gold mine play. Current position is not so dissimilar to what Anchor is - loss making, gearing up for real meaningful gold production, turnaround story. I am not familiar with Wilton in terms of its gold production but this thread does offer some interesting background. Noteworthy with the low visibility, current price is less than half RTO price. If the hot gold theme continues, this can well be another hot punt as like CNMC it seemed like a "purer" gold play compared with Anchor. Love to hear valuable insights from those who does follow this counter. :) |
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Possible for it hit pass 15c soon?
finally some movement in this.
CNMC has outperformed by far, but cannot use CPF.
I notice Wilton is in very strong hands.....most of the guys in this are long as it is a very illiquid stock. Just waiting for payday when they start mining proper. Looks like gold is now closer to $1450 as I had predicted back in Feb.
Wilton on a strong uptrend, and should easily shoot past 10c next week.
daily n monthly charts looks gr8 with possible resistance around 12c.
paul1688 ( Date: 08-Jul-2016 17:36) Posted:
| With the RTO, most retail investors did not even realize this is now a gold mine play. Current position is not so dissimilar to what Anchor is - loss making, gearing up for real meaningful gold production, turnaround story. I am not familiar with Wilton in terms of its gold production but this thread does offer some interesting background. Noteworthy with the low visibility, current price is less than half RTO price. If the hot gold theme continues, this can well be another hot punt as like CNMC it seemed like a "purer" gold play compared with Anchor. Love to hear valuable insights from those who does follow this counter. :) |
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With the RTO, most retail investors did not even realize this is now a gold mine play. Current position is not so dissimilar to what Anchor is - loss making, gearing up for real meaningful gold production, turnaround story. I am not familiar with Wilton in terms of its gold production but this thread does offer some interesting background. Noteworthy with the low visibility, current price is less than half RTO price. If the hot gold theme continues, this can well be another hot punt as like CNMC it seemed like a "purer" gold play compared with Anchor. Love to hear valuable insights from those who does follow this counter. :)
This stock may be next one to rise very soon.
Another Gold Miner that was ignore with RTO price at $0.20.
With the way gold price is headed, I predict at least US$ 1450 per oz by end of 2016. With production cost even at US$700, the margin will be healthy.
The Chinese appetite for gold accumulation continues.....Yunnan Chihong is now working with them and could be tapped for input and source of funds. Good punt and can use CPF.
Question is when will they start producing? Looks like 2017 Q1 now.
RTO COMING... LOAD UP
Hartawan to trade under Wilton Resources from today
CATALIST-listed Hartawan Holdings has completed its acquisition
of gold miner Wilton Resources Holdings and will trade under the new
name of Wilton Resources Corporation (Wilton Resources) from today.
The name change was to reflect the company's new focus and departure
from its previous main businesses of property leasing and hospitality.
As part of the deal to acquire Wilton Resources Holdings, Hartawan
issued 1.5 billion shares (post-consolidating of 12 existing shares into
10 shares to comply with Catalist rules) at a price of 20 cents each,
for a consideration of $300 million, to Indonesia's Wijaya Lawrence and
Singapore's Patrick Ngiam.
This gave Wilton Resources Holdings a 68.8 per cent interest of an
enlarged capital of 2.2 billion shares, making it a reverse takeover of
Hartawan.
http://www.businesstimes.com.sg/premium/companies/others/hartawan-trade-under-wilton-resources-today-20131216
Singapore, 14 December 2013 ? Shares of Wilton Resources Corporation Limited (?Wilton Resources? or ?the Company?), form erly Hartawan Holdings Limited (?Hartawan?) will commence trading on December 16 2013 (Monday), marking a new chapter as a SGX Catalist-listed corporation involved in gold exploration and mining in Indonesia.
The commencement of trading follows the completion of a reverse takeover (?RTO?) of Catalist-listed Hartawan by Wilton Resou
rces Holdings Pte. Ltd. (?WRH?), an investment holding company controlled by experienced entrepreneurs, Mr. Wijaya Lawrence of Indonesia and , Mr. Patrick Ngiam of Singapore.
At an EGM held on 21 Oct 2013, shareholders of Hartawan approved the issue of 1.5billion post-consolidation consideration shares, representing approximately 68.77% of the enlarged share capital of 2.2 billion shares, at S$0.20 each to WRH?s shareholders and approved the change of name and new corporate identity.
Following the RTO, Mr. Wijaya Lawrence ? a successful entrepreneur with mining experience has been named President and Executive Chairman of the Group. Mr Patrick Ngiam ? has been named Non-Executive Director.
The RTO marks a transformation of the Company from a property leasing/management and hospitality company to a gold mining firm. Its concessions in West Java have a Total Resources of 1,176,000 oz (36,580 kg) of gold (au) with 557,300 oz (17,333kg) of gold (au) in Proved and Probable Ore Reserves under JORC code.
?This is indeed a proud day for Wilton Resources as we commence a new chapter as a corporation listed on a well-regarded international exchange such as the SGX,? Mr. Wijaya Lawrence said. ?As a listed entity with a new strategic direction, we endeavour to enhance and sustain value for our stakeholders and uphold high standards of corporate governance.?
?Wilton Resources intends to continually carry out exploration works such as drilling, to further discover and upgrading of the gold resources estimates. Wilton Resources has also already focused on developing facilities to hasten the gold dore production phase? he said.
