In my earlier posting, I had mentioned the one significant edge that ASW has on some other junior mining plays and that is the Kenville mine. The cost of building a new mine is approx 500 million to over 1 billion dollars these days. kenville has been a mine in the past and as such should the drill results are positive, ASW will be a major target for a takeover by a mining major which can cause a spike in the sp in a very short period of time.
I was really pleased with the timely response by ASW management at Agora com about the assay results in mid-december. Now, that does not leave too much time for anybody who is planning to get in as I feel this share will start moving up pretty soon. In fact, I feel that if the assays are good, we might see some spike in sp as early as thursday and maybe a trade halt by Friday.
So, all the longs... hang on.... and to all those thinking of getting in might want to do it sooner than later as it might be too late if the halt comes.
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