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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 by User

Comment by CQCmasteron Jan 14, 2015 11:29pm
112 Views
Post# 23321397

RE:MWE for 2015?

RE:MWE for 2015?
I dont believe this downturn had anything to do with the copper price being down (well the price of Cu would be the catalyst that MM's have been waiting for), but anyway.. What's really going on here is when pinetree dumped all those shares back in December, market makers didn't accumulate as many shares as they wanted in the 2-3 cent range. The stock bounced quickly to 5 cents so they sold some of it in 5-6 cents. Since MWE didn't release any relevant news for awhile now, the market died down while the sell and buy orders have been manipulated. Now we are back at the accumulation phase, for real this time, and if it stays like this for a week or so depending on the volume, and the MM's accumulates all the shares they can get, this thing will jump up when MWE releases another good news in the future which could be from "full production" or "delisting being waived" and etc. If their truck is at least twice as full oppose to last time, this thing can hit that dime mark. Call me crazy but it's my opinion.
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