GREY:NWMMF - Post by User
Comment by
stu.2on Sep 27, 2012 11:35pm
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Post# 20423391
RE: NR - NWM drills 1.03 g/t Au over 23.0M at Gold
RE: NR - NWM drills 1.03 g/t Au over 23.0M at Gold Grades are not great even for an open pit mine but so shallow and easy to get to we know it can be economic. They seem to want to move on that quickly "pit design has been completed and 2 benches will be blasted in next few days" that is positive. Nice to know some form of exploration was occurring during the debt rollover.
Seems frustration is high here with gold prices moving and NWM being stuck at such a pathetic Market Cap. We are producing profitably not many juniors (we are a microcap) can do this even with the present gold price. Q3 results will hopefully begin to unlock our true value. The project is starting to get interesting
Another wall at six cents who is it this time? is it Renvest doing a Plaxton share exchange? Anyone have any ideas?
My average price is around 10 cents which I averaged down to get to. I'm going to stick with it.