RE: RE: RE: Jerseyman Gold is going to skyrocket and NWM may get left behind...Today is an excellent example low volumes no movement even with a surging gold price and the QE3 all gold bugs wanted...
Why?. Debt issue that needs to be addressed now before we miss this move. Why would new investors and the market in general invest in NWM if they can't get the financing at a reasonable rate or huge dilution. Furthermore we are a very small operation with very little analyst attention.
In terms of production most of us agree they have done a good job recently we are making money and not just on operations but net profit. We all see the huge exploration potential and the potential takeout from successful neighbours like TMM and AR.
This is one of the best boards in that there are few if any pumpers or bashers...some honest criticism is warranted to have a real discussion about NWM
Let's deal with the financing, see production increase with Jojoba(no copper issues please), and start to explore our property.... If management pulls it off I will praise and thank them.
GLTA