GREY:NWMMF - Post by User
Comment by
mprovencalon Dec 03, 2013 9:18am
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Post# 21963277
RE:finally
RE:finallyI think I have to disagree with that, unless you mean the fact that the company is not bankrupt is the good news. What I see is a 1.6M$ loss in the last three months compared to 900K Profit last year. Or 3.4M$ loss in the first 9 months of 2013 compared to 4M$ profit for the first 9 months of 2012. Revenues decreased, cost of sale increased.
Maybe I'm just being pessimistic here, but I don't think that my 400K shares at 11 cents average will be worth something one day.
I wasn't hoping too much with the price of gold going lower every day, but wasn't expecting that bad either.
Maybe you're seeing something I'm not, so please elaborate on the good news if you can give me some hope back :)
For now, I'm accumulating cash and waiting to buy gold when the trend starts going back up.