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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 snootchybootchyon Feb 25, 2015 3:48pm
121 Views
Post# 23465018

RE:RE:RE:RE:What's next ? Well we have a bridge loan to pay back ,

RE:RE:RE:RE:What's next ? Well we have a bridge loan to pay back ,
zibo wrote: I'm suggesting maybe move on, there are better plays, MWE is so heavily diluted now depending on Galena's backing, copper price is unstable, and MWE has fired the captain and crew and is being run now by pirates, who may or may not have a plan that benefit's shareholder's. The risk reward here isn't favorable JMHO.


Why would anyone sell now when there is a significant catalyst within the next few weeks (the completion of Kapulo).  There is 40% upside at least, perhaps even more when that announcement is made.  I'm also in T.GUD and V.TRX (as well as V.PHM, and T.PLI) and their valuations are more than overstretched.  Those stocks are moving up on pure momentum only.  MWE on the other hand is very cheap!
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