NWM Mining Corporation NWMMF

RE: RE: RE: Insiders

[production05]

The CEO (Chris Berlet) and the current COO (John Van de Beuken) are both well invested in NWM Mining.

Chris owns 9,500,000 NWM common shares.  The trail on SEDI shows that about half of his shares were acquired post mid 2008 global meltdown (at these type of prices we see today), however, the other half of his purchases were down at far higher prices prior to the meltdown.

Chris` average cost (break-even price) is probably somewhere in the $.14 to .20 range per share.

It is in Chris` best interest to get this thing to work and then get a reasonable share price for all NWM Mining shareholders, either via one of the strategic alternatives or by other means. 

Chris probably has far greater than $1,500,000 of his own personal cash invested in this company (straight from his pocket).

Mr. Van de Beuken is now in charge of getting the mine to work at a profitable level.  He owns 11,650,000 NWM common shares. 

Mr. Van de Beuken likely carries an average break-even price of above $.12.  He probably has greater than $1,300,000 of his own personal cash invested in this company (straight from his pocket).
  
As significant shareholders of NWM, I believe that the objectives of both Chris Berlet and John Van de Beuken are fully aligned with us deeply suffering shareholders.  It is in their best interest to firstly get the mine ramped up and, secondly, find an alternative that will finally get the share price up to a respectable level.