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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: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.01/0.005
View modes: 
5 stars

RE:Production05

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 2014...read more
0 stars

Production05

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 rebate...read 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. It...read 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 is...read 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 big...read more
0 stars

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
0 stars

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 far...read 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 no...read more
0 stars

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 debt...read more
0 stars

Is this stock about to move - Up... 1,620,000 shares

Just checked level 2 - it says 1,620,000 shares - transacted.....   One of the trades was - 1,384,000  i wonder if this puppy is about to move up....  Let's hope so !  rate and reply
5 stars

One of Renvest`s other initiatives

Renvest is the company that own`s the NWM secured debt. Revest also has $12.4 million invested in Jaguar Mining (in Brazil).  Yesterday, Jaguar issued an NR saying they plan to raise $20 million and...read more
5 stars

Canadian gold price now $1,634

I don`t know if it is enough to encourage a new lender to step up and refinance our debt (or enable another shareholder friendly solution), but at least the price continues to head in the right...read more
3.5 stars

phone call

I called NWM on Monday and Chris Chadder answered and we had a chat for a few minutes. Feel free to call him as he will answer. The mine is doing well and paying for itself. The elephant in the...read more
3 stars

RE:Has anyone called them ? News ?

Doubtful they even answer the phone anymore.  As far as the news releases go with no update after the debt being extended until Dec 31, the debt would have been in default almost a month ago.  As the...read more
3 stars

Has anyone called them ? News ?

What the hell is going on ?  Nothing like being left out of the picture.... Hmmmm if someone can call them.... Please do !  Buyout in works ?  Are they going to continue mining and ramp up productions...read more
1 star

When a bought financing deal goes through....

Does this mean it's all new issued shares ?  Or former shares ?   What happened to the existing shareholders ?  Are we squeezed out - sitting on the sidelines as in benched - watching from a distance ...read more
5 stars

Gold sector starting to turn upwards now

Aside from a nearly Cdn$1,600 gold price (NWM being a Cdn $ reporter) and 50% lower oil/diesel price (significant input cost for miners), I am now seeing PM companies (especially gold) getting bought...read more
2 stars

IF A BUYOUT DID OCCUR ?

WHAT WOULD BE A FAIR VALUE FOR THE SHAREHOLDERS ? 554 MILLION  DIVIDED BY .50 CENTS ?  =  277,000,000 MILLION ? A BUYOUT WOULD BE NICE - AND... SOME SORT OF NEWS TOO ! THEY HAVE LOTS OF LANDS - AND...read more
1 star

RE:gold price

goldsfool wrote: Maybe with higher gold prices we can get something done. Personally I believe we will be bought out or partner with another mining  company in the area...Just my own thoughts and...read more
3.5 stars

gold price

Maybe with higher gold prices we can get something done. Personally I believe we will be bought out or partner with another mining  company in the area...Just my own thoughts and hopes. Happy New Year...read more