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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 > Novice point of view
View:
Post by newrelic07 on May 02, 2015 3:22pm

Novice point of view

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
Comment by LadyJane6 on May 03, 2015 7:09am
I had exactly the same visceral reaction when I picked up on the address in the Grand Caymans.  I'm normally fairly risk tolerant, but the evidence is mounting, and this stock is starting to give me the jitters.  I'm averaging $0.05 ... hoping to get out very soon at $0.06 - $0.07. 
Comment by CQCmaster on May 26, 2015 11:07pm
Sad 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 ...more  
Comment by 4ME2URUSTUCK on May 27, 2015 9:18am
Wow, There are still  other shareholders on this board, thought I was the only 1, Ha,Ha, I as well still hold some MWE until .05c, that could be the price when the news comes out, as previously stated, but im not holding my breath. I bought in twice, in 2 different accounts,sold once, Average now is .04c, The .12c s/p could take forever to reach with these guys, Dead money IMO, but at .05c im ...more  
Comment by snootchybootchy on May 27, 2015 8:22pm
I still read this board.  I agree that I don't think we'll ever reach $0.12 but I'm going to stick to my original plan and keep holding onto my core position until Kapulo has completed the commissioning phase, which appears to be just around the corner according to the MD&A, if it hasn't happened already -- I get the feeling Galena is not all that interested in keeping ...more  
Comment by ElectricFuneral on Jun 22, 2015 12:20pm
great post! This ain't a racist company we could say. In Europe, Australia, North America, Central America, Africa.... Wow! It almost look like Benetton jeans.....
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