InvestorsHub Logo
Followers 6
Posts 330
Boards Moderated 0
Alias Born 03/23/2007

Re: Kaseymoe post# 91

Wednesday, 11/24/2021 4:58:11 PM

Wednesday, November 24, 2021 4:58:11 PM

Post# of 127
This is second time Mawson has divested from a holding to concentrate on the Finnish gold property. Abut six or eight years ago they spun off an operation in I believe Sweden and I received shares in another entity which I later sold Sounds like that will happen again - I hope at a profit to Mawson.

I found this document from 2012 which exlains the details - I was parlty right but more wrong than right. There was a uranium operation in Sweden but the spinoff was a Peruvian property renamed Darwin after the spin-off.

There's more but to me to bottom line is this long time of exploring Rompas - ten years now and drilling always leads to more drilling - the patience of Job is needed here and the corporate presentations no longer even hint as a construction and mining date -still 3 to 5 years or and indefinite "more" . I have myself divested of most of my Mawson holdings in favor of what I feel are projects closer to revenue.

Here's the link to the February 2012 document explaining the major events of that time period. "Everything old is new again." Spin-offan acquisition and concentrate anew on Rompas/Rajaplot and drill, drill, drill. Managers do well at keeping a few investment groups interested.

https://mawsongold.com/assets/docs/financials/MAWMDAFeb29-2012.pdf