you arebehind on your info, all the 30 million shares must be exercised beforeFeb 16th. so you will have to rethink when the stock might climb.
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I can exercise my poodle (and warrants) but I can't exercise shares.
I read the news reports as:The 30 million shares from the Dec 13, 2010 private placement need to be held until April 14, 2011.
Like what is happening now to BAJ I can see the private placement shares entering the market and holding down the price.
The 55 million warrants from the Sept 2009 private placement must be exercised before Feb 16th, 2011.
If I had warrants and no spare cash I would sell my NWM shares at 11 cents or above then turn around and exercise my warrants to buy back NWM shares at 10 cents. This scenario would put more shares into play and depress the price. But the share price is up.....