GREY:MWSWF - Post by User
Comment by
Rawcolton Jul 29, 2013 11:25am
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Post# 21636542
RE:gaining momentum
RE:gaining momentumThere is a lot of uncertainty around the this stock with DRC. Who knows with these countries what they will do next. They don't have many sources of income and mining companies are easy targets for revenue growth. That being said, I think they will reverse their talk soon becuase of the negative sentiment in Copper. They are costing themselves growth right now becuase companies are holding back on mines and growth. I think it won't be long before they reverse course on the ban.
All that being said MWE is still stupid cheap. They will add mine life to current mine and stall future production I think.