WAU: A Positive Surprise...
Aug 5, 2026
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ASX:WAU
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14 min
One of the unwritten (well, we are just about to write it), general rules of ASX small cap investing is: “When drilling results are taking too long to be released, it means they are probably going to suck”. Sometimes, the selling starts for completely unrelated reasons - but the market believes what it wants to believe. We think that’s what’s happened to our Investment WA Gold (ASX: WAU). BUT... The drill results came out yesterday and they are... actually pretty good, gold hit in every hole.