CWX 0.00% 10.0¢ carawine resources limited

Cool !! Sounds like CWX will go well, maybe a late bloomer...

  1. 381 Posts.
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    Cool !! Sounds like CWX will go well, maybe a late bloomer compared to some of the more quick fix goldies that are getting a run elsewhere.

    IMO, more chance a stock like CWX will hold its value for the long term when news flow begins in coming months. Not sure why some are worried about a CR, maybe a new opportunity comes up and it warrants a CR, but with significant options potentially in the money in a few months, I'm not worried about a CR anytime soon, particularly as cash on hand sees current planned operations through well into next year.

    In short, you would expect the company would wait to see if options are excised in 2020 before running a CR up the flag pole, next couple of months should underpin or accelerate SP depending in news flow.

    We shall see.

    Cheers BJ
 
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