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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

Metals & Mining Gold

Bullboard (GREY:NWMMF)

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Comment by stocksnbondson Jun 18, 2013 10:39am

RE: RE: question

It's not good news. It's not bad news (bankruptcy). We still have a sliver of our original investments. Many here tapped out and/or unwilling to buy more. Very high risk, high reward is the ...more  
212
Discussion
Post by wanttoretireearlyon Jun 17, 2013 6:58pm

Contrarian opportunity in historically undervalued

Venture Exchange went up over 450% from 2000-2007 There is no doubt about it. Precious metal mining companies are going through a time of testing. The financing markets are challenging ...more  
236
Post by wanttoretireearlyon Jun 17, 2013 6:58pm

Contrarian opportunity in historically undervalued

Venture Exchange went up over 450% from 2000-2007 There is no doubt about it. Precious metal mining companies are going through a time of testing. The financing markets are challenging ...more  
260
Post by twpton Jun 17, 2013 4:00pm

question

So if you refinanced the debt facility which has been fully used, where are you going to get the money needed to continue operations when the company loses money? 
173
Post by twpton Jun 17, 2013 4:00pm

question

So if you refinanced the debt facility which has been fully used, where are you going to get the money needed to continue operations when the company loses money? 
250
Comment by stocksnbondson Jun 16, 2013 9:14pm

RE: RE: RE: RE: RE: RE: RE: RE: The good news?

I'm going to wait and see at the open. I do like the lifeline albeit at a rediculous level. Over the course of the next year, we ought to expect a 10:1 share consolidation as well as a financing ...more  
287
Discussion
Comment by zzthnxon Jun 15, 2013 11:03pm

RE: RE: RE: RE: RE: RE: RE: The good news?

Excellent post, Slick. I agree, given the circumstances we couldn't have asked for much more. At least now we have a chance of getting back to breakeven on our investment. If we stay in the 1.5-2 ...more  
236
Discussion
Post by wanttoretireearlyon Jun 15, 2013 8:03pm

Darren Koningen

Darren Koningen is a professional engineer (metallurgy) with over 20 years of international mining experience and as Vice President, Project Development will be managing the work necessary to complete ...more  
185
Comment by slick05on Jun 15, 2013 5:43pm

RE: RE: RE: RE: RE: RE: The good news?

No, the company did not pay $7.8M in interest since 2010. We do not know the exact terms of the interest but relations with these finaciers go way back. And one of the terms to pay the interest was ...more  
161
Discussion
Comment by stu.2on Jun 15, 2013 3:13pm

RE: PAID IN THE DARK

Frustration is warranted but is this deal any worse than the previous one's where gold price and market were on the rise? Bertlet, VanBeuken and that management team created this debt with their ...more  
156
Discussion
Post by pussywhipedon Jun 15, 2013 11:07am

PAID IN THE DARK

WHEN I SEE THESE HORRBILE INTERET RATES BEING PAID I CANT HELP BUT THINK THAT THE MANAGEMENT IS BEING PAID OFF IN THE DARK TO COVER THER OWN LOSSES THE INTEREST RATES BEING PAID ARE OUTRAGES  ...more  
209
Comment by stocksnbondson Jun 15, 2013 2:15am

RE: RE: RE: RE: RE: RE: The good news?

Does this get bought out in a year or so once ounces are proven and production  increases to a steady increased state?  Or is it a slow death? Price of gold is not good and this company won& ...more  
230
Discussion
Comment by zzthnxon Jun 15, 2013 12:20am

RE: RE: RE: RE: The good news?

I agree, Eduardo. I'm thinking that this may very well be the re-birth of NWM back from the grave. I just wish I was buying in now instead of at my average cost of .14+. It looks like someone was ...more  
160
Discussion
Comment by eduardo12on Jun 14, 2013 11:01pm

RE: RE: RE: The good news?

This is great news. Basically the conditions reveal the frustration with the financiers (these guys want to see uplift in sp also). They understand that the sp tanked because of not only funding ...more  
176
Discussion
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