NWM Mining Corporation NWMMF

Will NWM Survive?

[stu.2]

Many analysts at PDAC were warning that alot of juniors were not going to survive into the summer even with gold prices hovering at 1600...With the recent crash of the gold price many will fall.Will NWM be one of them?

Even though they can still make money at even lower prices they are going to have to forget about:

1.Auriga (more dilution)

2. Share rollback (when we are at 20 cents we will be shorted back down to 2 cents in this climate.)

Batten down the hatches, survive the storm,  concentrate on Mexico and find a solution to the june debt due date.

GLTA we all need it.

[eduardo12]

This affects the juniors that only survive on financing. NWM is in a far better position. I do think todays price is a shortterm slump and should be back to 3 cents or so as gold recovers. Don't know which loser would sell at 1.5 cents. I think this is a good buying op at current levels.   Agree, forget the rollback and forget Auriga (they are one of the victims of the market-tough luck).

[wanttoretireearly]

Someone should just buy NWM out, let's say for $0.07, I just want my money back Chris! Also agree, no rollback and no Auriga!!! Just keep digging the gold out Chris, NOW!!!

[millionaire11]

go to hel* with your "lets just say 0.07 cents", minimum 25 cents. Come on buddy have some faith. 

[wanttoretireearly]

well, you really think you gonna get 25 cents? it traded yesterday and today for 1.5 cents that's a 20 bagger, keep dreaming buddy. don't get me wrong I would love to get 25 cents but it won't happen any time soon. if NWM survives summer time and till winter we might see up to 10 cents, of course if no rollback, etc. remember it has over 600 000 000 OS. 

[scanner18]

if you don't think it will go lower than this just wait unitl tommorow.....who knows but professional money has got everything running scared...........us tips are now1.674 .....

[millionaire11]

 They produce and pour gold which if im not mistaken resutls in money being made. I agree with you hopefully we have no roll back and they get rid of this stupid idiotic purchase of auriga. Theres no reason why this company cant buckle down the hatches, focus on producing and shut their mouths until their debt is paid off and we are in the green again. The key with this company is they are

[millionaire11]

but lots of hurdles to get over because of stupid decisions from low i.q individuals in management positions