NWST statistics, what we are valued now and storm to come!hi all, so looking at the action in the markets and where the mind set is right now on the average investor. We have fear and nobody is looking to invest or take chances. There is no love right now and from one of my posts i did mentioned how each week its up and down and you cannot hold a stock more than 2 days to catch the high or low. So this is scary and look at this morning moves lower!! For now lets look at our market. Copper is stable and the market with the minors want to grow now and make aquisitions to buy the big projects. If we look at Northwest Copper right now at .31 cents with a $51 million market cap. That means all 4 projets are only priced in at $12milliom and $750k each for Kwanika, Stardust, Eat Niv and Lorraine. This is so under valued and the market knows it. This is why i posted on us being a target after CMMC selling the Australian operation and i must say there is a lot of cash out there. So for now there is no way our stock is only worth $12million a project!! Once we start to deliver lots of news on drilling, Lorraine update things will change. Look at this morning and you will see we have .32 cents ask! Also, i do not think Posco Daewoo wants our share pice in the .30 cents range either since they own 18million shares...thats only $5million value! Thats aweful and i'm sure they are upset too!! so get ready for an uptrend higher and i did state .60cents once all this drilling is coming out for all four projects this year.
good luck with your trading today. See below we have .65 cents ASK already...something is coming!!
Level two quotes - Bid | Number of Shares | Bid Price |
| 13,500 shares | 13,500 | 0.320 |
| 500 shares | 500 | 0.290 |
| 9,000 shares | 9,000 | 0.270 |
| 10,000 shares | 10,000 | 0.265 |
| 40,000 shares | 40,000 | 0.260 |
| 36,500 shares | 36,500 | 0.250 |
| 6,000 shares | 6,000 | 0.240 |
| 500 shares | 500 | 0.235 |
| 11,000 shares | 11,000 | 0.230 |
| 11,500 shares | 11,500 | 0.225 |
Level two quotes - Ask | Ask Price | Number of Shares |
| 0.320 | 10,000 | 10,000 shares |
| 0.330 | 2,000 | 2,000 shares |
| 0.335 | 8,000 | 8,000 shares |
| 0.340 | 26,000 | 26,000 shares |
| 0.350 | 10,500 | 10,500 shares |
| 0.385 | 1,000 | 1,000 shares |
| 0.390 | 1,000 | 1,000 shares |
| 0.480 | 1,000 | 1,000 shares |
| 0.550 | 5,000 | 5,000 shares |
| 0.650 | 120,000 | |