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NWM Mining Corporation NWMMF

Metals & Mining Gold


GREY:NWMMF - Post by User

NWM Mining Corporation > Annual Financial Statement and MD&A on
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Comment by eduardo12on May 01, 2013 12:21pm
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Post# 21324708

RE: RE: RE: Annual Financial Statement and MD&A on

RE: RE: RE: Annual Financial Statement and MD&A on

Valuation of company is based on enterprise value (physical value of properties, operation, expected recoverable ounces on leach, reserves), not market cap. Premiums are addition to enterprise value. Market cap just shows investor interest more than anything else.

Also, purchaser is capable of writing off the debt as part of the premium.

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