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NWM Mining Corporation NWMMF

Metals & Mining Gold


GREY:NWMMF - Post by User

NWM Mining Corporation > Sorry but...
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Comment by eodwayon Aug 09, 2014 10:31am
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Post# 22824984

RE:RE:Sorry but...

RE:RE:Sorry but...What does everyone think the SP will go to if all works out?

I just don't see how a company that is more than $20m in debt with a market capitalization of less than $3M can survive much longer. The interest on the debt eats up all the money that is made. And the cash costs are over $1200 per oz. 

That don't seem to be very attractive from an investment perspective. 
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