re: Ann: Mbila Bankable Feasibility Study In...
I don't think anybody is taking positives from this. Not sure what gives you that impression.
At the same time I wouldn't advocate jumping off a cliff.
These are spec stocks. They can be your best friend one day and your worse enemy the next.
Why people invest in small caps and the performance of a major I'll never understand.
For mine I think ZYL is currently worth more than what the SP indicates. They have Kangwane. Maybe that has been forgotten about due to the panic, but I think what we do know about Kangwane still offers more upside than investing in a speccie that has no resource.
The question mark imo is the managerial decisions, but once again, I can't expect an upstart to have the quality and experience of major player either.
HWK Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held