GREY:NWMMF - Post by User
Comment by
wteesdaleon Aug 24, 2011 1:45pm
358 Views
Post# 18975459
RE: a nickel
RE: a nickelWith respect your posting adds absolutely nothing to a discussion of this company or its prospects. Do you believe that NWM is lying when they discuss exceeding their production targets? Generally mining exploration companies raise money through private placements. Unfortunately that can dilute other shareholders, but those who invest in this space are aware of that, or else they wouldn't invest.NWM is moving from exploration to production and will at some point be re-rated as a producer. As other posters have noted NWM is a likely takeover target, particularly if they are able to bump their M&I ounces in the ground, which seems likely before the end of the year. Personally I am quite happy with both my investment in this company and its future prospects. Yes, the investment is speculative and there are risks but my own evaluation is that this company is undervalued.