Wits Basin Precious Minerals (fka WITM)

[YankeeAce]

Well I am finally back in this one. It dropped just enough for me to get in at my target price. This completes our retrace and should form a base at this level for the next leg up over $0.60. Dewatering should be moving smoothly now as I can't imagine they have had much rain lately. Colorado is so dry right now so they have all kinds of fire bans in place. That should bode well for dewatering. I have not been able to dig into the Mexican Silver mines enough to determine how it should effect the share price, but my guess is that if completed we should see a boost from that. Nice point to average down if you got in at $0.40 or more. We should see tremendous support at $0.30. If you want to try and steal some under that good luck, but I doubt you will get that many. I will continue to accumulate at $0.30. Good luck.