Post by
smallcaptdr on Jun 01, 2022 11:40am
Couldn't hold on to gains
This had a great runup on drill results and if I'm not mistaken there still should be pending results which could move this up again. Results are great and they put a huge value on their properties but its a 3 - 5 year wait till production usually but theres always the possibility that this company could be bought out for their properties. I'm going to keep my eye on this one and I might jump in before pending results. There's one thing about runups that you need to use caution and thats when people buy because of the runup not knowing anything about the company and its them who sell. JMHO
(always DD)
https://www.stockwatch.com/Quote/Detail?C:MAW
Comment by
packis on Jun 05, 2022 3:29am
Well, all of the gains was in the shares of SGX that we hold. In latest shareprice down under our post are worth around 53 m.cad./ 58 m aud As the mc of Mawson are around 52 it means that the rest of the company ex our shares on ASX are in NEGATIVE territory. The market must think that the one mill onze and with a PEA ongoing are worth less than zero ??? RIDICULUS