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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

GREY:NWMMF - Post Discussion

NWM Mining Corporation > Will NWM be acquired?
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Post by mprovencal on Nov 13, 2013 11:05am

Will NWM be acquired?

I'm tired of being stucked with my NWMs, I think I would happy with 2.5 cents a share (even if my average is around 11 cents).  Anyone think NWM could be bought in the near future with the last NR?  Or is the debt so big that even with the increased reserves no one will be interested?
Would be happy to hear your opinion on this.
Comment by babedinkleman on Nov 14, 2013 9:05pm
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Comment by stu.2 on Nov 14, 2013 9:57pm
you nailed it...The money men have their hooks in us and they will not let go until they bleed us dry and control the whole thing...So many mistakes made with this project by Chris and his crew and anyone who invested (me included) bought the story forgeting that bad management trumps all... GLTA
Comment by dennisdutchboy on Nov 20, 2013 12:48pm
I see it a little different . We need a higher gold price. Gold could be $1000,- in the near term. So nobody wants one mining-stock for several reasons, not only NWM. The whole sector is cheap as 1946.( I did some homework ) If gold goes up to $ 2000  example: Royalgold   $ 150 now $48      300% Midasgold  $ 6 now  $ 0,80     750 % NWM     ...more  
Comment by Precious1 on Nov 20, 2013 7:09pm
I talked to a member of the new mining team + M Plaxton the largest shareholder They have projected a 2 year turnaround with a $1500 POG SP & buyout of around .10 -.12 Don't forget the MP is the largest investor & has the most to lose or gain
Comment by babedinkleman on Nov 20, 2013 10:48pm
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Comment by Precious1 on Nov 21, 2013 12:25am
Perhaps like all of us they are waiting for the POG to rebound & stablize above $1500 POG If it does they will buy, if it doesn't then they still have 10's of millions of shares & will be the biggest loser There is no particular hurry @ this point
Comment by babedinkleman on Nov 21, 2013 7:36pm
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Comment by stu.2 on Nov 21, 2013 8:54pm
10 to 11 cents in 2 years is very likely....especially after the 30-1 consolidation..so lets be generous and say pre consolidation shareprice of 1cent, post consolidation share price 30cents....the shareprice then falls and settles in sub 10 cents. Someone comes in and buys us at 11 and tells us that is to  a premium of our present share price...all of the long term shareholders take a ...more  
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