GREY:NWMMF - Post by User
Post by
wteesdaleon Nov 09, 2011 2:47pm
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Post# 19223397
New Flow
New FlowCurrent news flow from NWM is generally positive - they did obtain moderate additional financing, without the need for an additional placement, they got the road permit and the final permit to mine La Jojoba. Note also in the news release the following: "Recent analysis suggests that a significant part of the La Jojoba gold reserve does not require more capacity to extract copper from leach solution than we already have available onsite," which is additional good news. My view is the .10 is a good price to be buying these shares, and that it will not last. I expect that the next production update to be the impetus to send the sp higher, so I added to my holding today.