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NWM Mining Corporation V.NWM

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s):  NWMMF

NWM Mining Corp operates a gold mine and a gold recovery plant located in Mexico. It also acquires, explores and develops mineral properties in Mexico.
Price: $0.005 | Change: $0.00 | %Change: 0.00%
Volume: 5,000 | Day High/Low: 0.005/0.005 | 52 Week High/Low: 0.01/0.005
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0 stars

RE:RE:Who cares

Shame is right! As per Note 3 on the Summary Compensation Table: "Following his resignation, Mr. Berlet was retained on a consulting basis for a six (6) month term at a rate of $15,000 per month. more
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RE:Who cares

Shame on you Chris Berlet real16  rate and reply
5 stars

Who cares

We get nothing voting yes.  rate and reply
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At .005 per share, I'll have lost a bunch, but I don't see the point in voting NO. If the deal isn't approved, NWM would probably have to file for bankruptcy protection and we'd get nothing.  rate and reply
2.5 stars


I will vote NO, worth 200k shares.  Probably won't matter but, can't hurt. Actually the mis-management does hurt.  rate and reply
0 stars


goldsfool  Like you, I have lost a lot of money because I followed Christ Berlet. Dont tell me that the insiders will lose like us the "little people" . They have made deals between more
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The outcome won"t matter one little bit when I vote no but I don't care. As far as I'm concerned I've lost so much that I would rather see us go broke and no one get anything at all. The lender more
0 stars

SOLD...for half a cent a share. About what I expected  rate and reply
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Fyi - Update on the Jaguar/Renvest situation

Jaguar Mining now expects their financing to close on June 12th.  They now say they owe Renvest $9.4 million - to be paid back with cash from the financing (once closed).  They must have more
0 stars

RE:Q1`15 Financials posted on SEDAR

Good well thought out analysis.  I think the gold will be mined, but I have serious doubts that current common shareholders will participate in any positive developments.  Obviously a reverse more
5 stars

Q1`15 Financials posted on SEDAR

One should read the company`s complete financials and MD&A reports, given NWM`s ongoing cash and debt issues in this low gold price environment.  The overview below only represents a snapshot and more
5 stars


Hey Goldsfool, Below is the Sales Tax Recovery account balance on the Balanced Sheet (by quarter) going back to the first quarter 2009. It seems like the balance increased substantially in more
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It seems like we've been hearing forever (years) that we're going to be getting the Mexican tax rebate. According to your post they still owe us $6.6 mil. What does it take to get the full more
5 stars

FYI - it looks like the Jaguar/Renvest payback is still a go

Jaguar Mining revised the terms of their convertible debenture deal and hope to close it off this month.  They still intend to pay back Renvest (early) with some of the funds from the debenture. more
5 stars

RE:Financials out on Sedar

1)  Subsequent events: ``A total of US$1,385,642 in demand loans were issued to the lender in March and April, 2015.  The total demand loan is now US$3,335,642.``  It looks like the debt partner more
0 stars

Financials out on Sedar

They are about as expected.  This new team and mine plan certainly didn't improve anything as far as I can see.  Lower grades, lower gold price, lower production year over year, big debt, and more
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RE:RE:Odds and ends

Should read .005. I wish someone were buying milions of shares at .05, lol. Then I'd only be down around 50k instead of 80k as is the case now :-) Ughh...  rate and reply
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RE:Odds and ends

Excellent post as usual, Production05. Don't know if anyone has noticed but someone through TD Securities has been buying up millions of shares at .05 for at least several months now. Here's as more
5 stars

Odds and ends

1)  The Jaguar Mining $20 million convertible debenture deal hasn`t closed as yet.  They originally targeted a March 26th close date.  It`s not clear if their deal has been delayed or if it is more
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Chinese RMB - ``The World Currency`` - Gold will play a role

Our NWM investment is all about resolving the debt situation of course.  Hopefully management can keep it together long enough for the Chinese factor kicks in (if they cannot address the more