There isnt much news at the moment. I know they are starting the test pit soon and it appears the drilling has stopped, or there isnt much going on at the moments in that area (I seen one of the drilling companies are doing other jobs at the moment) although I wouldnt be too worried about that, since they did plan in finish last month.
As for the comment about why there isnt many sellers, well, to be honest, many bought in a while ago and dont wish to sell since it would be at a loss.
The price fell out because of the market. At one stage they were only 10 cents a share when they had 23 cents per share in cash reserves, its just crazy.
Give it time. When they will want to start production the world market should be well into recovery and on the incline again. Things are looking good for this company in my personal opinion.
CWK Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
