Wits Basin Precious Minerals (fka WITM)

[YankeeAce]

This is just the news I have been waiting for. The financing is in place and the terms are solid. This should lead to the next leg up. So much news on the horizon with this acquisition and the Mexico deal. I'm really starting to get excited about this one. No worries about the price of gold retreating because tensions in the middle east continue to grow. My guess is that they are sitting on actual assay results which led to the final decision to execute this transaction. This company is drastically undervalued at this level and I am not sure why. Actually now we are up 15% today so I guess we are seeing the start of a move. The next few weeks should get us back to $0.40 and with more good assay results we could make our run to $0.60. Good luck longs.