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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

Mawson West Ltd Ord > MWE must have first mover advantage when this market turns
View:
Post by aweigh on Mar 10, 2015 4:20pm

MWE must have first mover advantage when this market turns

We are currently trading at 50% of cash on hand and probably at 10 % of net asset value.
Co.'s in production or very close to it should be the first to move higher when the time comes so we are in a much better position than 99% of the Co.'s out there trading at the same market cap !
Comment by Pinksheep on Mar 10, 2015 5:34pm
With the fall of price in gold and copper, the people are not running at the gates of struggling mines that has to be proven viable. Unfortunately, we will have to wait 2-3-4-5 months before our sp goes to .10 and more... I firmly think that Galena are putting the money needed for the start up of Kapulo project, a NR should be release before the end of March. I think it will be next week (3 full ...more  
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