Wouldn't be surprised if there is some positive news coming out...

Wouldn't be surprised if there is some positive news coming out of Africa with the major drilling program underway at Kapulo.

With options about to expire, I would not be surprised if management release a few statements in the coming weeks to underpin the price.

Dynofish, since our last chat I have looked into this co. in more detail - it has reinforced my belief they are undervalued (hence i have been accumulating around these levels).

IMO, at the current share price, the positives far outweigh the risks. If they get Kapulo to JORC status later this year, I cannot see this staying at a market cap of $24 million. MWE could potentially be in production in the next 14months with some brokers forecasting a pe of 1.5 when this occurs.

It has the potential to run, and run very quickly.

Let me know your thoughts.

cheers
safari