GREY:LEWCF - Post by User
Comment by
cabo1on Aug 26, 2007 7:18am
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Post# 13301757
RE: last march I posted but lied
RE: last march I posted but liedCheckmate,
NDM is currently burning through a ton of $'s. THey are spending $9million on heli alone plus the drilling program. At their current burn rate they will be out of money by late spring next year. The stock is also off about 35% from its high. Their moly is low grade and they have little infastrucure other wise the heli bills would not be so high. LWC has infastructure and I think the whole purpose of the the proximity to TWC was that the services are already there,