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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

View:
Post by poorgrammar on Feb 02, 2015 12:01pm

nprice

what did u pay for mwe? i got them at 2 when ptree was dumping i sold 9/10 of my holding during first bounce up because sentiment towards mwe was differnt 2c seemed waaaaay oversold. I still hold very little about 20,000 share should i take my 1/2c profit and run or take no profit, whats the target? why people (or you) sold into bid this morning
Comment by jplordure on Feb 02, 2015 12:31pm
Most likely, Galena offer will lead to the full dilution of the company. TSX de-listing is probable if exemption requested by MWE (in relation to offering lot's of warrants to Galena for debt re-structuration services). Upon approval by stockholders, Galena would exercise all it's warrants and have full control. After that, they could deliberately make sure to let the company run out of ...more  
Comment by jplordure on May 01, 2015 7:02pm
Comment by snootchybootchy on May 02, 2015 2:53am
I think it's too early to assume Galena is conducting a dirty deed here.  Perhaps I'm naive, I don't know.  But the extra money may actually be required to complete the commissioning of Kapulo.  At any rate, if Galena is indeed predatory and are planning to fully dilute common shareholders, wouldn't such a plan take many months to execute?  Galena would still be ...more  
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