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Bullboard - Stock Discussion Forum Mawson West Ltd Ord MWSWF

"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."

GREY:MWSWF - Post Discussion

Mawson West Ltd Ord > gaining momentum
View:
Post by commodity16 on Jul 24, 2013 2:34am

gaining momentum

We seem to be gaining momentum here. A long way to go but still in the right direction. I bought in at $0.80 and MWE was undervalued then. These levels are just sick, and for no just reason MWE production is skyrocketed, stable, and revenue is way out of wack with the share price at these levels. The copper export ban as already discussed does not pertain to MWE, although the SP was also hit by that news. So, if this thing is gaining momentum we are going to want to add here cause there is no reason it shouldnt at bare minimum be back to last yrs highs of the $2 range. Even at that the P/E ratio would still be extemely cheap.
Comment by Rawcolt on Jul 29, 2013 11:25am
There 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 ...more  
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