Mawson is a gold development company in Finland. Price of Mawson is related to Gold price.
From 2010 t0 2013 Gold price jumped from $ 1200 to $ 1800. Mawson price decreased from 2 to 0.5
In 2014 gold price is $ 1200 , Mawson price is 0.2. If the gold price goes to 700 as predicted by
a famous person them Mawson will go down to 0.1. However if Mawson can show some income in
sales then it will be a different matter. So far there is no income and will take many years.
One of the problem is that you treat Tinka as two different companies.
One TKV (Canada) and the other TKRFF (USA).
That is wrong. All headlines and everything else should be the same
except the price. USA had Jan Head line while Canada is Sept.
I wrote earlier to Tinka but no reply.
That is one reason that Tinka is going down in price very seriously.
It does not take any time to make this change.
May be there is no future in Tinka. Now it is 15 cents or so.
Zinc price going up is very good for Peru. Peru produces 1.5 million tons of Zinc every year. It is second only to China in world production. Zinc is very essential for health. About two billion people in the world are deficient in Zinc. About 800,000 children die every year in this world because of Zinc. It has many other advantages.
If Tinka gets Zinc in good amount it should go up in price I hope.
Tinka is now also owner of Darwin. Carter of Darwin is now President of Tinka.
Carter is a very experienced person. It is luck but lot of science is involved.
Tinka has now 7.5 Million Dollars for drilling. I had Darwin shares and were converted to Tinka.
I lost money in that transaction.
Between Zinc, silver, copper, lead and Gold something will work if lucky with hard work.
Now I should buy Tinka depending upon how low it will go before some good news comes over.
Yearly range is 22 cents to 70 cents. Now it is 23 cents, 70 cents was last year in September.
Book value of Tinka is 14 cents. Generally that is low for most of the companies like Tinka.
Number of shares issued is not clear. Stock exchange says 82 million but actually they are 116 million.
How it will affect the stock price when it is corrected, I do not know. It does not look good to me.
Let us gamble we may get lucky. .
August 25, 2014