GREY:NWMMF - Post by User
Comment by
jdeeron Mar 27, 2012 7:32pm
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Post# 19725346
RE: RE: RE: hammering SP of miners.. nwm a victim?
RE: RE: RE: hammering SP of miners.. nwm a victim? In my own opinion (been long on nwm for some-time now) I do agree they've been jerkin' around with their promises, HOWEVER...
We're now producing, they cannot lie about that.
That said, the gold we're producing is worth the same as anyone elses... little under 1700/oz presently and IMHO, looking at it from a "back to basics" business point of view.. markets/businesses are driven (and become successful) based on supply and demand. Poorly/less than ideally run businesses can also do well-enough in times of record markets and high demand for their "product" (so long as they've got "product" to supply and "market!!!") ie: NWM/their gold... "our-gold." We've got it, the markets want it... and prices ain't goin' down. What more is there to say. The shareprice will eventually start reflecting true-er value... as a producer, it has no reason to stay anywheres near 7cents.
Buy low, sell high... we've all heard it - there's no secrets