CWX 0.00% 11.5¢ carawine resources limited

Ann: Six New Prospects Generated in the Paterson Province, page-3

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  1. 7,791 Posts.
    lightbulb Created with Sketch. 20
    So many prospects they are at risk of being too scattered in their focus - they expect to spend $700k this quarter, which will leave them less than $2m - they will have to head back to the trough soon.

    The news is good, but may be trying to ramp up the SP ready for another raising in a few months.

    Outstanding prospects, but still risky with long time lines to get anything JORC'd.

    Having said that, I'd rather be in than not - the market and its reactions are far harder to pick these days.

    Cheers

    Cabe

 
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