NWM Mining Corporation NWMMF

Shorts Up and a Wall at 6 Cents

[stu.2]

 

Short Summary
Short Volume	As Of
53,098	30/Sep/2012
11,349	31/Aug/2012
14,149	15/Aug/2012

Shorts are up from 0 on Aug 15. Not a big number but who would short us as we sit at or near an all time low. With present volume it will take months to get rid of the millions of shares being exchanged at 6 cents by Renvest. (My guess) Glad to see Renvest has such confidence in the company as stated so strongly in the news release.

Very frustrating to see tiny explorico's like SXR (SGX Resources) have bigger market caps than NWM. These exploration companies are months if not years from a 43-101 and hundreds of millions of Capex from production with no guarantee's of profitability. NWM is is producing ounces profitably with a second mine coming on line, a 43-101 of over 400,000 ounces proven and probable and a property that contains shallow widely dispersed mineralization that has barely been explored..

Fundamentals are unbelievable when compared to NWM's market cap.... either the market is insane(true for gold equites) or management has absolutely zero respect. I tend to believe the latter.

Production better be good for Q3 or watch the stampede out of this stock.

GLTA

PS: Update the website it is pathetic...get rid of outdated info and get an updated corporate presentation (April 2012)  we can be proud of... I have seen power point projects from elementary school children that would blow it out of the water.