CWX 0.00% 8.6¢ carawine resources limited

Would of been lots of holders from last CR probably exciting...

  1. 3,850 Posts.
    lightbulb Created with Sketch. 146
    Would of been lots of holders from last CR probably exciting today - Close to 100% = return for them

    When you look at the Enterprise Value at 31c and the latest drill results and projects this deserves at least $50M MC

    FMG JV $6M
    RIO JV $6M
    Cash in Bank $6M
    Doesnt put much value on the projects LOL

    Thems the markets I guess

    Sold 15% at 47 and then bought em back at 34. Didnt expect this to pullback below 40 with what they have going on

    Cheers
 
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