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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

GREY:NWMMF - Post Discussion

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Post by wanttoretireearly on Feb 20, 2014 12:46pm

Q&A

It seems that gold price is slowly recovering, so I hope so. What does this mean for NWM? We have not heard any news or update in long time in regards to production. So many questions so little answers.
cheers
Comment by stu.2 on Feb 23, 2014 7:36pm
I think we are in the end game for NWM.... 1. someone like TMM or AR come in and get us for a penny a share because they have to take on our debt. 2. We go bankrupt because we can't make money at this gold price and we can't increase production due to lack of capital . 3. consolidation 30:1, private placements, dilution to pay off the debt. (if this were the option it probably would of ...more  
Comment by zzthnx on Mar 07, 2014 10:14pm
I don't know Stu, I hear what you're saying and I agree with you for the most part, but the share price is at a penny now on the open market. I'm still holding out hope that TMM takes us out at 3 cents or so. Actually, I wouldn't mind shares in TMM or AR for NWM. I'm just hoping that it's not a complete giveaway, which I think a penny a share would be. Have a great weekend!
Comment by jerseyman2 on Mar 09, 2014 12:45pm
No question now, when we look at the overall picture the past few months, there is a revival happening. A lot of junior gold producers have come back from their lows and with the stronger Gold price, their quarters are improving and translating into share value. Good for those who had Faith and Money back there when pog was under $1200  ............ ELG and SGN and LSG are three that I watch ...more  
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