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Great trading opportunity for anyone into silver. I have made a few bags on this ripper, probably the best silver play on the ASX currently, WCE ( formally ERW ) picked up a existing silver mine which shut down decades ago when silver spot was shit. Silver is now one of the hottest commodities going around now and WCE have started drilling to improve reserves with the long aim of eventually restarting the mine. So far the grade and hits have been phenomenal, with another bunch of assays pending soonish. So looking at the chart, we are looking at early stage sub wave 5 up, small correction in play imo, looks like a cup and handle play with the handle taking shape, SP could go as low as 16/15c, before continuation, if assays are as good as the ones prior, then i have a 1.618 fib target of 38c which would complete the 5 wave series.
DYOR, DYOR, DYOR
New high today following drill results.
I managed to get in at 16.5c after reading your post

I actually had a sell for 19c placed yesterday as I was gonna trade it for awhile but got scared that silver price was gonna go up more and the wall at 19c taken out. So glad I pulled that sell this morning as normally I don't look at the market all the time
