RE: RE: RE: RE: RE: RE: Only gold stock I know thaHi PrinceEdward,
The connection is that NWM has several projects near TMM in Sonora State, Mexico, and is moving toward production at two mines this year, while doing an extensive amount of drilling on their properties and proving up resources.
Here's an excerpt of my recent post on the NWM SH board:
1) Ramp up to 40,000 ounces of low cost production by next year from two producing mines.
2)Potential for 1 million + in reserves within a year. Drilling will beongoing, and as we saw from the Campamento drill results the other day,"there's gold in them thar hills!" :-)
3) TMM is right next doorand looking for acquisitions. The CGC bid fell through yesterday, and Ithink NWM fits the bill perfectly for a TMM takeover target.
4) A CEO (Chris Berlet) who is focused on increasing the
shareprice.I believe his objective is to get the two mines up and running, proveup as much additional resources as possible, and sell to the highestbidder.
Yes, it's definitely speculation on my part, but I think NWM looks like a good fit for TMM.
Thanks,
zz