RE:18% div at $.44there is no plan B. the copper/gold property is just what they used to get them two a whack of cheap NWX shares. there is no value in that property. the o&g exploration will drop to next to nothin'. this play is done, the Bauer Field was a jewel, it is done, winding down. costs go up production goes down until they shut it in.
you got a stock with a nickle in cash soon. you got a nickle in revenues coming in soon. that does not make this an interesting play at all at 45 cents. to me, to get back in... now knowing the field is drying up?? maybe 15 cents, or maybe I just pass, yes, I pass
alas, we have some posters here, willing and actually buying shares at this price when Beach just told ya a couple of times their oil production is in a serious decline. there is nothin else there, that hard rock property has nothing to show from years of older exploration, just minor showings and in no way is there anywhere near the ore body there to think it will ever produce anything.
use yer head and exit, Ian will take all he can get and he still might inflate his salary even more. whatever idea Ian has, he will take the money out into perhaps a newco where he can drain two salaries? we got some dimmer on this board thinkin that copper play(non-copper play) has some value, a big value huh? it is worthless, it was a deal where the ceo and cfo vend this worthless land they bought into NWX for a big pile of nwx shares, just before nwx breaks out.. what luck.. no, what greed. he ain't done, he wants maybe $50 mill to retire, he had the chance 2 years ago to do it. not now, now he is maybe holding half that value. now Beach is laffing at him, me too, I implored the slimeball to sell. what!!?? and give that money to shareholders! he screams..lol!