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NWM Mining Corporation NWMMF



GREY:NWMMF - Post by User

Post by vcrichtradeon Nov 03, 2011 7:14am
373 Views
Post# 19204685

The road to nowhere is $0.00

The road to nowhere is $0.00 The latest updates have been terrible. Dilluted shares, over ten million issued, NSR given away, and no credible reports of any activitiy leading to production. The stock is holding on a wire of thin money. When it snaps it will drop more than 50% and that should be any day now. Almost no buying support other than mysterious investors who are clearly trying to protect millions of their shares from becoming worthless too quickly and are hoping to get out soon. It received a permit to build a road to nowhere. Considering they paid the creditor $50,000 and issued $1 million dollars of (worthless) shares and did not even receive an increase in credit ..now they have a few months more to pay their bills before they go bankrupt. How is the company going to raise more money to build roads and expand when nothing seems to be pulled out of ground and they maintain a so called hedging position with gold they claim they produced months ago and have not sold. Management will turn everyone away until they are forth coming and stop releasing and pulling information off their website. How many hundreds of millions of additional shares is it going to take to build the road, do the work and when if ever is drilling going to be underway. How is th resource going to increase when nothing is being produced. Welcome to the titanic and enjoy the ride. I would be surprised if the share are more than 4 cents by December.
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