praup1 good time for you to sell today, page-22

i exited the last of my holding in the past few weeks.

the main reason being that i cannot understand and do not like the huge dilution at a cheaper price than last major placement, as well as complete disatisfaction with current management.

do i think they will develop the mine? yes.

when will it be in production? who knows? certainly mf doesn't!

what will the zinc price be then? in the lap of the gods. my own research tells me that it all depends on china and it will take something out of left fiels to slow it down. the usa is unpredictable, all the signs say it should be in recession now but i feel w always underestimate their ability to get themselves of bad financial situations.

are their better short term plays out there at the moment? sure are, glm, gge, glx, bul to name just a few (imh).

the register is wide open and i think there is a strong likelyhood that they will cease to exist in its current form when all the hardwork is done.

as for mumbwa, its far too early to make an infirmed decision on its possibilities.

will i get back in? certainly on another bad down day, but only for a trade.

good luck