NorthWest Copper Corp V.NWST

RE: thoughts

[nwatson]

FYI:

 

Insider ownership as of February 18, 2009:

I hope the format holds for this.

 

		Last Transaction		Latest Share Balance	% of Total Share Float
		Date	Type
President & CEO	David Moore	15-Dec-08	Buy	829000	1.84%
Chief Geologist	Myron Osatenko	18-Dec-08	Buy	120000	0.27%
Director	Victor Lawrick	2-Sep-08	Sell	75000	0.17%
Director	Victor Tanaka	31-Mar-08	Buy	758800	1.69%
Director	Ian Brown	17-Mar-08	Sell	550000	1.22%
Director	George Tikkanen	17-Mar-08	Grant of Options	625000	1.39%
Corporate Secretary	Pamela White	20-Aug-08	Buy	10000	0.02%
CFO	Alec Pek	18-Mar-08	Grant of Options	150000	0.33%
			Total	3117800	6.93%

Figures are based upon the INK Insider Trading Report from TD Waterhouse (Viewed February 18, 2009), and 45.02 million shares outstanding (msnmoney)

To summarize, it looks like insiders own about 7% of the outstanding 45020000 shares.  You be the judge if this makes you comfortable or not.  Remember, when you have a company that still doesn't create any revenue, you know you're getting into a speculative play.  Have an exit strategy for good news and bad.  I do own shares, and like the management, but you never know how drill results are going to impact a stock.

Good Luck,

nwatson