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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 May 26, 2015 11:07pm
151 Views
Post# 23767758

RE:Novice point of view

RE:Novice point of viewSad that it turned out to be like this but I warned you guys a long time ago that this would happen. This was a hostile takeover by Galena and Trafigura. Money goes to Galena, cheap raw copper goes to Trafigura so they can sell it for a lot more. Big brother and sister working together.

It's time to move on! I highly suggest healthcare and technology sectors. Mining is in a downtrend right now.

newrelic07 wrote:
Lets see Australian company,operations in Africa,financed by a British fund based in the Grand Caymans,trading on a Canadian exchange.From my point of view I see Mawson execs loading their pockets with no regard for shareholders Galena using this as a cash cow for 3-5 years then shutting the doors and selling off assets. 5 cent warrents almost doubling the float if exercised.The sp might make it to the 12 cents it was valued at some point in time maybe in the near future but in the long run this is one scary investment. I e-mail Mawson last week and have yet to recieve a reply not even thanks for your interest. I still hold half my shares and sold the first half Friday and still debating what to do with the rest. Any comments regarding this post are welcomed. Good luck to all still invested


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