Australian (ASX) Stock Market Forum

CWX - Carawine Resources

Yep being Lucy is key (a ltle joke)
Still good amt cash left and with some of the load borne by partners at other projects the potential is there. I wonder if AngloGold Ashanti or Regis are potential joint venturers if more is uncovered at Hercules or neighbouring prospects.
 
Picked some more up @ 0.155
Illiquid with low buying interest. Price has fallen below the last placement which was @ 0.18.
Torn today btw CWX and HMX which I want to buy a few but CWX was at a bigger discount.
 
CWX under takeover offer @ 0.21
Guy behind it is a major shareholder, Christopher Ian Wallin, who is now at 19.65%
 
Too cheap imo ....hope it flushes out a new predator !....good excuse to release some positive news .
 
In a deep field this would be about the most pathetic announcement of gold drill intercepts that I have ever read. Makes me want to take a tax loss and move on to some other folly. Ptuii!

Held?

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