I bought some more shares last week. The share price is just too low to not buy further stock. With a looming Mining Right over the entire area of the SA asset only 270 odd days away, the share price cannot remain at 1.8 cents forever. So what do we have to look forward to:
1. Tambina Field Trip / Geo report due anytime and assay results from the samples they took in April.
2. Derewo is still in the game and there could be a surprise announcement from left field in relation to C&C.
3. Substantial resource upgrade from SA asset - due anytime in the next few months
4. Mining permits due in Aug/Sep/Oct/Nov for SA which will then be overtaken by the Mining Right anyway early next year. West Wits has very good relationship with locals, local government and DMR in SA. I see no issues with Mining permits and Mining Right being issued and ontime.
5. Progress on the Mt Cecelia tenements in Pilbara.
6. Quarterly report due end of July and Preliminary Annual report due to August.
7. Production in SA should pick up again after all the rain.
8. Gold price is steady at around 1300 US but they are saying there is about to be a breakout heading north though I have been hearing this for the last 2 years and still nothing. Italy could be the catalyst.
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