Majic - the other reason I want to keep for the moment is not so much the gold but the uranium that is in the ground. West Wits has a huge conceptional resource of Uranium and Gold and with a Uranium processing plant sitting only 15 km away and the SA govt being Uranium friendly, if the price of Uranium goes up, which it looks like it will, West Wits should be a take over target IMO or will merge with another company but not before the share price goes up somewhat from its current 6 Million dollar market cap at 5 cents. Mintails will soon be gone off the books as well which IMO has been holding institutional investors back.
Mintails really have done a lot of damage to West Wits in the last 18 months - glad they are gone and I hope DRD gold comes in and takes Mintails over 100%. Never know DRD then might just give West Wits GOLD2 gold processing plant for nothing or at a cheap price. Anything is possible with this stock IMO but I really do think positive outcomes are on the horizon.
Regards mate
NAVYGULF
need good reasons to remain a shareholder, page-7
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Mkt cap ! $43.20M | |||
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