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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

GREY:NWMMF - Post Discussion

NWM Mining Corporation > NR - NWM reports Op Profit of $1.8M in Q2
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Post by production05 on Aug 23, 2012 1:33pm

NR - NWM reports Op Profit of $1.8M in Q2

Comment by stu.2 on Aug 23, 2012 2:11pm
Still made a profit even with the 850,000 payout to Bioteq..you can see it in the difference between operating profit and net profit exactly 850,000... Doesn't seem like any money was spent drilling afraid that money was spent to pay settlement and plant purchase. Production is on track that is nice to see. A clearer picture will come with Q2 financials and MD&A      
Comment by Btracker on Aug 23, 2012 4:38pm
Bills are paid Pouring Gold Profitable Let the share price rise....
Comment by babedinkleman on Aug 23, 2012 4:50pm
This post has been removed in accordance with Community Policy
Comment by jerseyman2 on Aug 24, 2012 8:13am
Just imagine if there was higher grade material getting onto the Pads $$$$$$$$$$$  Tons and tons of potential here, and all we need is to keep going foreward.  ..............  A bigger resource would be great, but that's gonna cost money ............. we need to pour more gold ............ I've got time to wait for the increase in production, as POG keeps steadily ...more  
Comment by andyman6 on Aug 24, 2012 12:56pm
#2 in volume on the venture but flat.......whats next. I believe the Jojoba or whatever is supposed to have higher grade ore and that is the latest to go online, so maybe better numbers next quarter?!?!?!
Comment by scanner18 on Aug 24, 2012 12:59pm
flat...still a million on the ask at 6
Comment by andyman6 on Aug 24, 2012 4:18pm
2,871,000 shared traded today. Lots of buying from Scotia Capital, quite a few large buys. Insiders? wait and see I guess, funny we were at 7 cents last Friday with no news. Now more profit and 6 cents.........
Comment by andyman6 on Aug 24, 2012 4:18pm
as well anon doing all the selling.
Comment by stu.2 on Aug 24, 2012 8:01pm
anonymous has been unloading at 6 since monday....another institution getting out like Halligarten did? seems to have unlimited shares since volume has been high this week... people do want these shares...This anon has to run out at some point anyone can figure out who's selling would be great....have a good weekend