GREY:NWMMF - Post by User
Comment by
zzthnxon May 05, 2012 11:02am
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Post# 19875130
RE: RE: RE: RE: Timmins close to us -MAP
RE: RE: RE: RE: Timmins close to us -MAP They can only get for the company what another co. is willing to pay, regardless of how much they paid for their shares. I'd be ecstatic with a sale in the mid-teens even though I would take a bit of a loss on my 500,000 shares. At .15 NWM's market cap would be over 60 million, plus they also have that debt of somewhere around $18 mil? So, if they were going to be bought for say .15 per share, you're looking at around $80 mil. for the company. Given our reserves (or lack thereof), I'd be surprised if we even got that much. I think somewhere around .11 or .12 is probably more realistic.