NWM Mining Corporation NWMMF

Tell me

[nwoboy]

if I got it wrong here.  Most companies that roll back their stock, ie (10  for 1), are not usually successful in the end; or it takes forever to get back to your break even point in your investment!

[stu.2]

You are correct....The market will short this down from 40 or 30 cents in a matter of months if they don't get this project going full bore and that will not happen by Feb.,... Get this project up and running 35,000 to 40,000 ounces and update our resource to over 1 million ounces..then consolodate from a position of strength... My 250,000 shares will say no. Any other opinions will be

[zzthnx]

Agreed Stu, and my 350k shares will say no, also. This is starting to turn into a fiasco. As for the comments in several posts about NWM lowering the PP offering price to .04 or .03, that can't happen because the minimum price per share in a PP is .05.

[zzthnx]

"the minimum price per share in a PP is .05." ...Per TSX Venture Exchange rules.  

[andyman6]

Will be back to .05 in no time, buying at these levels for sure.

[BlindBat_1]

"the minimum price per share in a PP is .05." ...Per TSX Venture Exchange rules. =========================== Thank you for that information, I did not know that hence went on a research and can confirm what you said. However, it appears that given the difficult market conditions the TSXV has modified that rule. here it is in details with some highlights. You'll notice the expiry date

[castle123]

Andyman6 you are right. What a gret gift - .025 cents today and .045 or so very soon. People seem to forget that NWM is a producer!!!

[zzthnx]

Good research BlindBat, I had not heard of this temporary change. One thing that I did note in the statement is that "In the case of a Private Placement of common shares (or units of which common shares form a part), the offering price per share (or unit) must not be less than the last closing price of the issuer’s common shares before the issuance of the news release announcing the Private

[BlindBat_1]

Good research BlindBat, I had not heard of this temporary change. One thing that I did note in the statement is that "In the case of a Private Placement of common shares (or units of which common shares form a part), the offering price per share (or unit) must not be less than the last closing price of the issuer’s common shares before the issuance of the news release announcing the Private