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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

GREY:NWMMF - Post Discussion

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Post by eduardo12 on Aug 06, 2012 5:54pm

Patience

"I sure hope they there is a buyout soon"

"I hope we get a offer soon"

"I hope merger talks are going on"

" I want the buyout price to be $x so I can at least break even"

Stop wishing for a buyout until the reserves are expanded. Let them drill for the next few months..It is a pretty big drill prgram and will take time.. Higher the reserves, the greater the valuation..The current 5-yr minelife is pathetic and no other company would be serious in  acquisition until it's in the range of 10-20 yrs.  Q4 will indicate the direction of the company..

Reserves will probably be expanded in stages like Timmins did, not with the entire shabang released at once.

Comment by stu.2 on Aug 06, 2012 8:37pm
I hear  you....forget about a takeout until we realize some of our true value.  As you said increasing resource is one of the keys.  My fear is this so called "parking ticket" SART mess paralyzes us in this respect. The money that has to go to the settlement, $850,000 so far, probably will not allow us to complete this program. We have 18.5 mil in debt ...more  
Comment by babedinkleman on Aug 07, 2012 12:56am
This post has been removed in accordance with Community Policy
Comment by andyman6 on Aug 10, 2012 12:54pm
Mergers talks are actively going on. 100% no doubt. How far they progress, that is another story...........
Comment by abdikens on Aug 11, 2012 12:14am
Do we have any idea, who are in the merger talks. Thanks
Comment by glewis84 on Aug 11, 2012 11:41am
Greg McCoach's  subscriber newsletter is supposed to be out on the weekend. Maybe he knows something about what's going on in any merger talks.
Comment by stu.2 on Aug 11, 2012 2:46pm
If you can and don't mind andyman.... How you do you know 100% ?