NWM Mining Corporation NWMMF

Global Gold markets

[nwoboy]

took a tremendous hit yesterday in SP, which doesn't help the SP here. This may lag here till the next NR, or good rumour!

[HonestAbe]

With nearly 500M shares outstanding and trading virtually at a standstill the company should do a 10:1 consolidation.  Even 1/2 cent spread on a 7 or 8 cent stock is too large percentage wise now for investors or traders to buy or sell without hurting.  With the rollback maybe you get some more potential downside since the price is now at a higher level, but at least you flush out the

[slick05]

Probably not a good option at this point. We need to first see commercial production and profit margin.I'm not a fan of consloidation. Gran Columbia Gold was at 40 cents then they consolidated 4:1, hitting a max of a tad over $2.Then it went down hill from there to 35 cents today..Feel bad for the shareholders.

[HonestAbe]

"I'm not a fan of consloidation. Gran Columbia Gold was at 40 cents then they consolidated 4:1, hitting a max of a tad over $2.Then it went down hill from there to 35 cents today..Feel bad for the shareholders.".So what is your point?  That consolidation was the factor that drove a $1.60 post-consolidated stock down to 35 cents?  I am not familiar with that stock but given

[slick05]

Abe, can't jump the gun at this point.Right now we haven't seen a single dime in profits reported. Do you have any clue what the uncertainty at this point would do if the stock was already consolidated 20:1 or 10:1? A big issue with Gran Columbia is the lack of updates and NR's leaving shareholder's out of the loop (sounds familiar?). But heck

[production05]

``Because 30,000 shares traded thus far today on a 7 cent stock`` It still shows 30,000 NWM shares traded for today.This is incomplete.  They will probably need to do an update eventually.I know for a fact that more shares were traded.I purchased an additional 200,000 NWM shares today, myself (never mind others that may have made purchases also).My account shows that my orders were

[HonestAbe]

"I know for a fact that more shares were traded.I purchased an additional 200,000 NWM shares today, myself (never mind others that may have made purchases also).".pro, what likely occurred is that your broker acted as an intermediary and facilitated your market buy order at the ask price by filling it with stock they held in inventory.  These transactions from what I observed do not

[twpt]

shares were traded on Alpha exchange When you put in an order for a sell or buy your trading platform checks first to see if the Alpha exchange has any for your prescribed price. If they are available on Alpha you will be filled by them first, thus they only show on the Alpha exchange. 111,000 shares traded on friday. heres the link https://alphatradingsystems.ca/ALPHAMARKET/MarketActivity

[zzthnx]

Twypt, I'm glad you and Production are still here. Otherwise, I'd wonder if I'd completely lost my mind holding on to this one. Best Regards, zz

[twpt]

I still hold 500,000 shares. Not as much as before but enough to make some money. Regardless if they meet production targets they are in play for a takeover for a cheap price (around .15 to .20) as they have funding problems. If they meet production targets expect at least a double. Chris is a business major and has enough brains to figure out you wouldn't buy shares in a company that is

[HonestAbe]

"shares were traded on Alpha exchange When you put in an order for a sell or buy your trading platform checks first to see if the Alpha exchange has any for your prescribed price. If they are available on Alpha you will be filled by them first,  thus they only show on the Alpha exchange. 111,000 shares traded on friday.".This does not adequately explain it because the other poster

[twpt]

The remaining could trade on omega as well. I don't have that link.