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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

GREY:NWMMF - Post Discussion

NWM Mining Corporation > Any guesses on a sale price?
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Post by zzthnx on Sep 28, 2012 9:28pm

Any guesses on a sale price?

I'm guessing/hoping for 10 cents per share.
Comment by Milly12 on Sep 28, 2012 10:01pm
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Comment by stu.2 on Sep 29, 2012 12:07am
I agree 100%.  No need to sell company now or even soon at bargain basement prices. Q3 production needs to increase to at least 7000 ounces for us to have a chance to reach our target of 25,000.  That's 2000 more than Q2.  Jojoba needs to come through as advertised. Keep on exploring even if it is just the cheaper (in my mind cost efficient) air-track drilling. It seems we have ...more  
Comment by zzthnx on Sep 29, 2012 9:31am
Excellent posts Stu and Milly. You allowed me to remember why I bought over 500k shares in the first place. I think I've just been worn down with the various issues and overhanging debt. I actually put in a bid on the US exchange (NWMMF) yesterday for .052 to see if I could grab another 100k shares to lower my average cost. No such luck as the buy order expired at the close. What I saw when I ...more  
Comment by varscona on Sep 29, 2012 2:44pm
I talked with Chris last December when the SP was .08. He said that he just needed time to get NWM up to a point where it could be sold or merged for .40 to .50 per share. MC wise, he is looking in the 200 million range, give or take. Now, how can this be done. By getting reserves up to a million ozs and getting production up to 30,000 oz per year. I think this is doable and there is no need to ...more