UK 16:31 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tungsten, copper and gold play W Resources (WRES) claims to have discovered a high-grade open-pit prospect and a ‘significant’ north-west extension to its Regua project in northern Portugal. The unloved AIM company, whose shares have fallen from a 12-month high of 0.83p to a share price of 0.27p now in a dismal tungsten market, cites drilling results for north-easterly holes including 3.07metres with 0.56% WO3 tungsten trioxide and 2.2 metres with 0.36% WO3, as well as encouraging indications from the centre of the project’s orebody showing 4.3 metres with 0.836% WO3 and 6.74 metres with 0-75% WP3.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
J P Spaghetti
Villa Real way eh? Ah – the pigs, the pigs! I hope for its sake they find no prehistoric rock etchings in the immediate area – those that halted a huge and costly hydroelectric damn project not so long ago are just down the Douro from there…
wildrides
Spags …….. me ole fruit bat ………. He has friends in the Junta . Reference speed of licencing compared to EMED where at one point progress was actually overtaken by continental drift in the outside lane while giving EMED the single finger as it went past and shouting “my plate tectonic subduction zone can make new copper faster than you can mine it … Bus stop wankers”