GREY:NWMMF - Post by User
Comment by
jdeeron Jan 15, 2011 9:26pm
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Post# 17979228
RE: President walking the edge?
RE: President walking the edge?Reguarding the "double in the stock" part of your post...
NWM is & has been hanging around 11 cents +/- ~ And since MID-DECEMBER they've gone from "explorer" to "miner." This IS (as he was saying) a transition period from one class to another. The shareprice has every reason to move up, and a double (to 22cents, is very consevative in todays bull market) ESPECIALLY FOR A NOW PRODUCING COMPANY ~ Gold will more than likely complete it's present "correction" before long (inside of a wk or so, I would guess) and with that-alone we'll surely see an increase in S/P
The company now needs to get out and make it known to the investment world EXACTLY what they've got, what they're doing AND also where they sit amongst their peer-companies... opportunity is NOW in this market-place! ..mid/late 70's was the last time opportunity has been so great for new-miners and investors alike! ...it's time for some PR work ya guys *hint hint* to IR dept ; )
Anyways, BS aside... there is no reason, that I personally have come across so far, saying this stock shouldn't be in the 35-50 cent range respectively. A coming drill campaign to prove up a bigger resource, the strengthening bull market in precious metals (GOLD/SILVER in particular) and our target ore-production in the ballpark of 20,000oz +/- as a new-miner, for 2011 - and possibly double that for 2012... well now, YOU sir tell me why and for what reason NWM shouldn't deserve, at least a double from here??
My bets are - NWM will sit somewhere's between 50cents and $1 by next christmas... Higher if greater cause for concern arises in the coming months, relating to the debt situation and worsening economic crisis in the world-economy ESPECIALLY that coming to heed in the US & the Euro-zone!!
$hit hits the fan, GOLD continues it's accent.. SP's of miners ALL move sky-ward... pretty well sums it up!
IMHO, we're at bottom here in reguards to SP,
GLTA
Deer