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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

GREY:NWMMF - Post Discussion

NWM Mining Corporation > Argonaut buys Prodigy
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Post by stu.2 on Oct 15, 2012 7:54pm

Argonaut buys Prodigy

We may have lost a potential buyer today.... AR was in our neighbourhood and some members of our board were involved in the Castle Gold takeover. Prodigy has over 6 million indicated ounces with shallow high grade open pit potential..not in production yet though

I believe we need to prove up our ounces before anyone will even consider us....nice we are producing profitably but we are too small not on anybody's radar....Not one analyst is even following us...

Speaking of production what are our numbers for Q3? They always tell us immediately when news is good...this delay is not a good sign

Comment by catsafterme on Oct 15, 2012 9:53pm
get real bud...Arganout was NEVER going to have an interest in NWM.  TOO SMALL among many other items.  The only salvation for NWM is th gold price rising. THat is the ONLY salvation.  If you are long this POS, you better be praykng for a big rise in he POG. Because, without that, this play will remain the fee generation party fest for Plaxton and its corollary-the never ending pain ...more  
Comment by zzthnx on Oct 15, 2012 10:27pm
Oh, yeah, cats? Think you know it all? Just wait 'til NWM takes out Barrick and Goldcorp in one fell swoop. Then what will you say?
Comment by catsafterme on Oct 16, 2012 8:02am
I'll say DANG!
Comment by scanner18 on Oct 16, 2012 1:48pm
dang is four and half pennies on the bid......bloody awful
Comment by stocksnbonds on Oct 16, 2012 7:24pm
I was in both capital gold and castle when they were both taken out. Castle was on a production run rate of 35 000 ounces. They also had a pre feasibility study to come out. CSG shareholders got screwed as we all got a small bump but the management made out like bandits and a stock which reached 1.25 for shareholders became a 4.00 stock under the new management team.  I would not trust this ...more