GREY:NWMMF - Post by User
Comment by
jerseyman2on Sep 12, 2012 8:38am
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Post# 20351098
RE: Jerseyman
RE: Jerseyman Oh, I'm not pumping and in fact, the reason NWM concerns me is the fact there are so many shares out there .............. the good thing the M/C is so low compared to the Mine and the ounces potentially in the ground !!!! Remember,at .06 per share, the value is $30M ............ even with the debt, the way I see it the company is showing $48M and a junior producer should say be worth $100M and that would put ouir share value at around .14 ............. so present s/p is a gimmie ............ These numbers are just my relection on the picture, and with any increase in gold production, the M/V of this junior will rise substantially imho ............ Gold price up over $1740 this morning ............... J.T.