GREY:MWSWF - Post by User
Comment by
samsonson Jan 06, 2015 7:42pm
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Post# 23292068
RE:RE:Dead in the water
RE:RE:Dead in the watermichelleb33 wrote:
this stock got to 1.5 cents before the news. It will prob fall too 3 cents. Capitulation some say last 2 weeks was wrong. People wanted out. I bought in at the height of the pump and dump. Hope im wrong. . Tax loss done. Market is saying we don't trust you
You are right, this stock went to 1.5c at the beginning of tax loss season and before the news of financing and debt deferral. This stock went to 1.5c when they had almost no money left, had to pay back millions of dollars this year, had a lower than expected revenue stream from Dikulushi and when it looked like without more financing Kapulo would not get to production despite being so close to complete. Then they got 19million dollars and the promise of about 15 million more. There debt payments for 2015 were deferred so that they no longer have to pay anyone. Dikulushi's revenue stream has been increasing with most recently very positive outlooks of it continuing to do so. And most importantly, MWE now already has all the money they need to finish Kapulo and open its large revenue stream in q1 2015. Even the overall cost for Kapulo was dropped by about 15 million since going to 1.5c. Anyone who thinks MWE should be that low now or even close has absolutely no idea what they are talking about. Do your DD people, sounds like some just flip a coin and rely on the pumpers and bashers of the bullboards to choose their stocks for them.