GREY:NWMMF - Post by User
Comment by
andyman6on May 04, 2012 9:59pm
276 Views
Post# 19874462
RE: Timmins close to us -MAP
RE: Timmins close to us -MAP I believe Timmins makes the most sense. On another note there will be no PP in the near future, they have already been completed earlier this year and last and we are now positive cash flow with increased production. No need for a PP. A buyout of NWM is almost a sure thing as I am sure you have read McCoach's comments but also refer to this article. https://tmx.quotemedia.com/article.php?newsid=45814498&qm_symbol=NWM
Maximize shareholder value=solicitating buyout offers.
Lawsuit also settled with Bioteq.
Almost all of CEO Chris Berlets shares were aquired at +.10 with some late last year at .08 besides maximizing shareholder value obviously he wants to maximize his own. Take out will be in the mid teens.
I loaded up at .055 recently to bring my cost avg down to about .07. It is only a matter of time before this gets sold. Hopefully sooner than later. Good luck all,