GREY:NWMMF - Post by User
Post by
stu.2on Apr 15, 2013 10:26pm
413 Views
Post# 21257498
Will NWM Survive?
Will NWM Survive? Many analysts at PDAC were warning that alot of juniors were not going to survive into the summer even with gold prices hovering at 1600...With the recent crash of the gold price many will fall.Will NWM be one of them?
Even though they can still make money at even lower prices they are going to have to forget about:
1.Auriga (more dilution)
2. Share rollback (when we are at 20 cents we will be shorted back down to 2 cents in this climate.)
Batten down the hatches, survive the storm, concentrate on Mexico and find a solution to the june debt due date.
GLTA we all need it.