GREY:MWSWF - Post by User
Comment by
snootchybootchyon Jan 03, 2015 4:43pm
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Post# 23282857
RE:The consolidation has been good
RE:The consolidation has been goodI agree. This consolidation phase has allowed me to accumulate 150k+ more shares even though I was already overweight in this stock. But in early December, I thought 5 cents was cheap for this stock and this was even before Galena got involved. So I think it's a great deal to pick up more at 5 cents now that the bankruptcy risk has been removed. No doubt other risks remain but I think it was primarily the stressed balance sheet that drove this stock down to this level. I think the next catalyst for this stock will be when Kapulo is fully commissioned, which should occur in a few weeks time.