GREY:NWMMF - Post by User
Comment by
zzthnxon Sep 28, 2012 7:00am
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Post# 20423679
RE: RE: NR - NWM drills 1.03 g/t Au over 23.0M at
RE: RE: NR - NWM drills 1.03 g/t Au over 23.0M at "Another wall at six cents who is it this time? is it Renvest doing a Plaxton share exchange?"
I think so Stu. It seemed to me that all of a sudden after the debt extension was announced, shares started popping out of the woodwork for sale. What was it, 10 million shares they got for the debt extension. I'm thinking that they are probably borrowing and dumping those shares to get the cash immediately. I'm thinking/hoping that when they're done, we should start to see a gradual increase in the share price. My avg. is around .16 so I'm really underwater with this one. Cheers, zz