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stolwyk
01-08-2006, 02:38 PM
NWR: http://www.nw-resources.com.au/

Shares: 32.7 mill +15 mill esc., a total of 47.5 mill. Price 26 cents
Options: 12.2 mill(NWRO)to be converted on 31 June 2008 @20 cents, price: 12 cents, but very thin trading. Also 15.6 unlisted options 2008-2011.

NWR is concerned with Gold and antimony. At 1% per tonne, antimony is the equivalent of about 2.4 grammes of Gold or $A65 (Gold US$640; $A=0.76).

As up to 10% antimony is encountered in Situ, this alone is a strong contributor to potential profit.
"The price of antimony (sold on the LME) has increased over 160% since 2001 to a current price of around US$4,050 per tonne".

INFRASTRUCTURE:
22 Febr 2006:
"Infrastructure on site In addition to the obvious value of high grade gold-antimony mineralisation at Northwest’s Blue Spec Shear project, Northwest also benefits from significant existing mining infrastructure adjacent to the Golden and Blue Spec mines, including: #56256;#56451; Established shafts, declines and access drives
#56256;#56451; 40,000 TPA treatment plant (upgradeable to 80,000 TPA with additional float cells)
#56256;#56451; Access to sufficient water for operations
#56256;#56451; Tailings dam
#56256;#56451; Full mining camp #56256;#56451; Good roads - only 2 hrs from Newman
#56256;#56451; Granted mining leases - no Native Title issues

This infrastructure will significantly reduce the capital expenditure required to bring Blue Spec, Golden Spec and other deposits identified along the extent of the Blue Spec Shear into production allowing Northwest to fast track development".

PROJECT NULLAGINE- Gold and antimony
9 Dec 2005: High grade gold-antimony results confirm Green Stripe discovery:
http://sa.iguana2.com/cache/3db9ce6133caedb589955078aa9310fa/ASX-NWR-393739.pdf

22 Febr 2006: Golden Spec Delivers Visible Gold-Antimony Assays
http://sa.iguana2.com/cache/9efe6fe46aab6fb43d1ba04626141be0/ASX-NWR-401018.pdf

14 July 2006: Second High Grade Gold Shear Discovered
http://sa.iguana2.com/cache/051f2f4419e991fd69fdaf2f60c2fc56/ASX-NWR-418108.pdf

27 July: High-Grade Results Continue From Golden Spec

"A JORC compliant resource for the “new” Golden Spec and Green Spec deposits will be announced in mid August, with a “new” Blue Spec resource announcement anticipated for late 2006.

Northwest has initiated a scoping study (the pre-cursor to a feasibility study) on jointly developing the “new” Golden Spec and Blue Spec deposits as well as the rapidly emerging Green Spec deposit discovered late last year. The scoping study will report on engineering and mine design options, capital expenditure and additional infrastructure requirements and metallurgical test work and processing options.

Northwest considers that pre-production capital expenditure to bring the “new” Golden Spec and Blue Spec deposits into production will be relatively low due to the presence of established infrastructure,
including shafts, declines and access drives for underground mining, a proven treatment plant and tailings dam on site and access to sufficient water for operations.

Current drilling: Drilling activities are progressing well with diamond drilling now being directed towards extensions of the “new” Blue Spec deposit and RC drilling having recently completed another pass of extensional drilling below the Green Spec deposit. Results will be released to the market as soon as they are available.

31 July: Fourth Quarter Activities & Cashflow Reports
http://sa.iguana2.com/cache/c0e4691f931e7d4f589a34eb0e078f7b/ASX-NWR-419762.pdf

#56256;#56451; The Green Spec deposit confirmed as the third significant gold deposit on the high-grade Blue Spec Shear supporting Northwest’s theory that the Shear hosts multiple high-grade gold deposits.

#56256;#56451; The “new” Golden Spec deposit continues to return impressive high gold grades at depth.

#56256;#56451; Northwest commenced a scoping study (the pre-cursor to a feasibility study) on jointly developing the “new” Blue and Golden Spec deposits as well as the rapidly emerging Green Spec deposit

stolwyk
01-08-2006, 03:14 PM
"A JORC compliant resource for the “new” Golden Spec and Green Spec deposits will be announced in mid August, with a “new” Blue Spec resource announcement anticipated for late 2006".

donjohnson
02-08-2006, 04:42 PM
What's your take on this company Gerry? Seems to have broken through some fairly hefty MA's recently.

What is meant by golden, green, and blue spec?

Please excuse my ignorance, I need to be cured with education.

stolwyk
02-08-2006, 05:41 PM
I hold shares of course.

These are names of projects: one needs to study the maps in the announcements. Some announcements take time to open.

Quarterly:
http://sa.iguana2.com/cache/c0e4691f931e7d4f589a34eb0e078f7b/ASX-NWR-419762.pdf


Gerry

stolwyk
31-08-2006, 01:23 PM
18 000m RC Programme Commenced at Blue Shear Project

http://sa.iguana2.com/cache/fd552abd7346208b788a516ae01b5673/ASX-NWR-423736.pdf

The map is well worth looking at.

Extract:
"Northwest has commenced an 18,000m RC drilling programme directed at a series of exciting new
gold targets identified along both the Blue Spec Shear and the newly discovered Red Ribbon Shear.

The aim of this programme is to confirm Northwest’s theory that the Blue Spec Shear and the Red
Ribbon Shear host multiple high-grade and near surface gold deposits.
Northwest’s Blue Spec Shear Project, located less than 2 hours drive from the Pilbara hub of Newman, is one of the highest grade gold projects in Australia with existing deposits expected to
grade in excess of 20g/t gold.

This drilling programme represents the culmination of 18 months of technical assessment and modelling by Northwest’s exploration team and will be the first systematic and comprehensive drilling programme ever undertaken within the project area outside the immediate vicinity of the Blue Spec and Golden Spec deposits

"Exploration and Development Update
Northwest’s exploration and resource development activities are continuing at pace:
#56256;#56451; Diamond drilling activities are on schedule with the last of the Green Spec extensional
diamond drill holes nearing completion. Following this, diamond drilling will re-commence at
the Blue Spec deposit and continue until the end of the year.
#56256;#56451; Completion of an initial JORC resource statement for the Golden Spec and Green Spec
deposits is nearing completion and will be finalised once recent extensional diamond drilling
results have been returned and incorporated into the calculations.
#56256;#56451; Surface geochemical sampling and structural mapping is continuing within both the Blue
Spec Shear Project and Camel Creek Project. This work is continuing to identify areas of
significance for Northwest’s future exploration focus".

stolwyk
11-09-2006, 04:06 PM
High Grade Gold Mineralisation Extended at Blue Spec

http://sa.iguana2.com/cache/bba793936b146b3215ee80f4c5248e5e/ASX-NWR-425225.pdf

stolwyk
03-10-2006, 03:39 PM
CARMICHAEL RESEARCH:

http://www.nw-resources.com.au/images/northwest-28--reigh.pdf

stolwyk
05-10-2006, 02:14 PM
High-Grade Results Continue at Green Spec

Extract:
The first results from the final stage of resource drilling at Northwest’s Green Spec deposit have returned significant gold and antimony intersections which confirm the continuity of, and extend to a vertical depth of 170m, the high-grade mineralization at the deposit. Significant intersections from drilling targeting the western extent of the deposit include:

Green Spec
15m grading 20.2 g/t gold
including 6m grading 47.1 g/t gold & 2.84% antimony
(from 148m down-hole)

11m grading 6.4 g/t gold
(from 47m down-hole)

4m grading 11.0 g/t gold and 3.85% antimony
(from 28m down-hole)

Results from resource drilling targeting the eastern extent of the Green Spec deposit are anticipated shortly. This component of the deposit is currently interpreted to represent a large tonnage lowgrade
gold/high-grade antimony lode which may add significantly to any potential future development.

A composite long section showing current and previous drilling intersections at Green Spec is set out on the following page.

Exploration drilling within the Green Spec footprint in current drilling programme:
The surface alteration and structural footprint surrounding the Green Spec deposit is approximately 750m in strike extent and up to 135m wide.
As part of Northwest’s current 18,000m RC drilling programme significant exploration drilling has already been directed into the Green Spec footprint in an effort to identify further high-grade mineralization close to the Green Spec discovery zone.

Northwest is confident of identifying a multiple shoot setting at Green Spec and is utilising several advanced targeting techniques to locate additional mineralised positions. The identification of further
resources within close proximity to Green Spec would significantly improve the economics of any potential mining development".

COMMENT: 1% antimony is about 2.4 grams gold or about $A60/tonne.

http://sa.iguana2.com/cache/69bf7aeae7e3d69ccdd6b37acbe6cf9f/ASX-NWR-428831.pdf

Includes map.

stolwyk
06-10-2006, 03:49 PM
JORC Resource & Current Drilling Programme Update

http://sa.iguana2.com/cache/e60bc485eb48464f84f1bb8b87d4763d/ASX-NWR-428993.pdf

tricha
07-10-2006, 03:22 AM
Eat your heart out, gold, silver, oil suks

Copper, nickel, zinc roars !

LATEST FUTURES NEWS
UPDATE 2-Gold out of steam after gains, bear trend stays
Friday, October 6, 2006 9:33:52 AM
http://www.reuters.com


(Updates with quotes, prices; pvs Tokyo)

By Atul Prakash

LONDON, Oct 6 (Reuters) - Gold edged lower on Friday with a drop in oil prices and dealers said the metal may slip further as sentiment remained bearish following this week's sell-off.

Platinum touched a six-month low before slightly recovering, while gold traded in a narrow $5-an-ounce band against an average $18 in the past three days, with the market keeping an eye on movements in oil and the dollar.

"Gold is pretty much tracking what oil is doing. I think with oil breaking $60 a barrel again, gold is going to drift lower," said a precious metals dealer in London.

"There will be physical buying but I don't know whether that will be enough to support the market. People are nervous and still hoping that we will see a rally, but it depends on oil."

Spot gold <XAU=> traded down at $570.90/571.90 an ounce by 1000 GMT, compared with $572.50/573.50 late on Thursday in New York, where it rose one percent.

Oil fell below $60 a barrel, with traders weighing OPEC's plans to cut production against overflowing stockpiles in top consumer the United States. Oil prices are now down more than five percent from a week ago.

"Near-term sentiment on gold is likely to remain weak, with this recovery possibly interpreted as a correction within a correction," Standard Bank said in a daily report.

Investors were wary of buying fresh positions even though gold regained some strength the previous day after plunging almost 8 percent on Wednesday to $559.40 an ounce, the lowest since mid-June, from last week's high of $606.50.

"Despite the bounce yesterday the return of weakness in the oil market is likely to weigh further on gold," James Moore, analyst at TheBullionDesk.com, said.

"However ... a period of correction/consolidation is perfectly normal and is constructive longer-term, allowing investors to enter the market at more affordable levels."

Physical gold buying in India, the world's largest consumer of the metal, gained momentum during the festival season. Appetite from the Middle East was also expected to be strong, dealers said.

In other precious metals, silver <XAG=> fell to $11.01/11.11 an ounce from $11.07/11.14 late in New York, while platinum <XPT=> fell as low as $1,069, the lowest since mid-April, before recovering to $1,078/1,083, versus $1,081/1,086.

Palladium <XPD=> fell to $296/301 an ounce from $299/304.

Norilsk Nickel <GMKN.RTS>, the world's largest nickel and palladium miner, more than doubled net profit in the first half of 2006. It lifted platinum sales to 336,000 ounces in the first half of 2006, from 327,000 ounces a year ago. Palladium sales fell to 1.45 million ounces from 1.47 million. [ID:nL06844555] (Additional reporting by Chikafumi Hodo in Tokyo)









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stolwyk
21-10-2006, 10:25 AM
Thanks for that: more to come. Price (30 cents)ought to be closer to that of GDR (61 cents), IMHO. (I hold both).

A major reason is the antimony content of NWR:
As up to 10% antimony is encountered in Situ, this alone is a strong contributor to potential profit.
"The price of antimony (sold on the LME) has increased over 160% since 2001 to a current price of around US$4,050 per tonne".

So, 2% antimony/tonne is worth 0.02*4050/0.755=$A107/tonne, the equivalent of 5.5 grams of Gold on top of the existing grade of Gold which is quite high.


SUMMARY:
Announcement 6 Oct:
http://sa.iguana2.com/cache/e60bc485eb48464f84f1bb8b87d4763d/ASX-NWR-428993.pdf

Extract:
"JORC Resource and Current Drilling Programme Update
JORC Resources

"This year, Northwest has committed substantial resources to preparing initial JORC compliant resources for its Nullagine gold projects whilst maintaining an aggressive field exploration programme. These efforts have been undertaken in an environment of exploration industry constraints familiar to most junior explorers, in particular the availability of senior geologists and the
accessibility of assaying services and technical assistance.

Northwest is currently well advanced in completing a preliminary JORC resource estimate for its Nullagine gold projects. All resource drilling has now been completed and Northwest’s exploration team is currently working with the company’s independent consultant to finalise the JORC resources.


Northwest now expects to announce JORC estimates for underground and open cut resources in early November.


A number of positive results have given Northwest the opportunity to expand the resource estimate to include the Blue Spec deposit, in addition to Green Spec, Golden Spec and the Camel Creek deposits.

Northwest’s use of staged economic evaluation throughout resource development programmes will ensure that the company’s resources will have much higher resource/reserve conversion rates than current industry averages.

Between listing in December 2004 and the end of this year, Northwest will complete over 57,000m of RC drilling and 5,000m of diamond drilling. In addition, extensive structural mapping campaigns and geochemical programmes have been completed over key project areas – generative activities which
successfully led to the discovery of the Red Ribbon Shear this year.

Northwest is confident that the results of drilling and other generative exploration activities this year
will be fully realised in 2007 through new high-grade gold discoveries and sustained resource growth
at Northwest’s Blue Spec Shear project.

Current 18,000m RC drilling programme
As previously announced to the market, Northwest commenced an 18,000m RC exploration drilling
programme on 31 August. The programme is directed at a series of exciting new high-grade gold targets identified along both the Blue Spec Shear and the newly discovered Red Ribbon Shear (see map on the following page).

Approximately 4,500m of drilling has now been completed over five of these high-priority targets. Northwest expects drilling to continue through to early December this year and anticipates that first results from the current programme will be released to the market in November".

++++++++++++++++++++++++++++++

COMMENT: Of great importance is their extension of tenements:

"Northwest adds to its advanced Blue Spec Shear gold-antimony project and strengthens regional Nullagine position:
http://sa.iguana2.com/cache/9eb8f4f06e7a833a58a4c63cb60fb2c2/ASX-NWR-410175.pdf

COMMENT: Locking in more very promising ground: see map on page 2.
"Northwest’s Managing Director, John Merity said: “We are very excited to have access to this new ground where we have already identified a number of high quality targets. The structure of the deal gives Northwest the right to purchase the tenements and maximum exploration flexibility through complete discretion as to the amount and timing of exploration expenditure.”

"It is significant that several of the anomalies lie on are

stolwyk
31-10-2006, 06:19 PM
Quarterly Report:

http://sa.iguana2.com/cache/21cb64cfd35f0ae484b4827aa20920e3/ASX-NWR-432454.pdf

" #56256;#56451; Diamond drilling at the Blue Spec deposit achieved significant extensions to the high-grade gold mineralisation.
#56256;#56451; Detailed mapping of the Red Ribbon Shear completed.
#56256;#56451; A new 18,000m RC drilling programme commenced focusing on new targets along the Blue Spec and Red Ribbon Shears.
#56256;#56451; Initial JORC compliant resource expected to be announced in early November.
#56256;#56451; A capital raising of $2 million completed to fund the current 18,000m RC drilling programmes".


BLUE SPEC
"Northwest achieved high-grade gold intersections from the first two diamond holes targeting depth extensions at the Blue Spec deposit. The results have extended high-grade gold mineralisation over 120m
below the existing underground workings and include:
#56256;#56451; 1m @ 94.6 g/t gold (0.45m true width from 457m down-hole)
#56256;#56451; 6.2m @ 27.7 g/t gold & 1% antimony (2.8m true width from 468.8m down-hole) including 3.3m @ 46.5 g/t gold & 1.9% antimony
#56256;#56451; 6.3m @ 9.5 g/t gold (3.3m true width from 414.7m down-hole)
In addition to significantly extending high grade gold mineralisation at depth, the results are important for the following reasons:

1. The two intercepts confirm the plunge continuation of the western zone of the Blue Spec deposit, where final production by Anglo American recorded indicative head grades of greater than 36g/t
gold. Previous drilling by Anglo had not effectively targeted the extension of this zone, where underground channel sampling across the bottom level development recorded average cumulative widths of 0.68m grading 205.8g/t gold and 13.75% antimony.

2. The early intercept of 1m grading 94.5g/t gold from BSD0018 may represent the position of Blue Spec’s North Lode. Northwest’s advanced modelling of the Blue Spec deposit revealed that this lode had been developed in the upper levels of the mine but never targeted in the lower levels.

3. The two intercepts in BSD0018 demonstrate that the position of the Blue Spec Main Lode has deviated from near vertical in orientation to north dipping at around the 450 vertical metre level.
This is significant as such deviations have the potential to result in positive changes in the nature of the orebody".




RED RIBBON SHEAR
In the June quarterly report, Northwest announced the discovery of the Red Ribbon Shear. The Red Ribbon Shear has now been mapped in detail over a strike length of 18kms within the Blue Spec Shear project area.
The shear trends parallel to the Blue Spec Shear, lying approximately 1km north.
Detailed structural mapping, rock chip and soil sampling completed over the new Red Ribbon Shear has confirmed that the new shear has the same key characteristics as the Blue Spec Shear. These similarities include:
#56256;#56451; Generation of structure - Structural characterisation of both the Blue Spec Shear and Red Ribbon Shear indicates that both shears are of similar age and have accommodated significant movement during the main mineralising event.
#56256;#56451; Alteration signature - A distinct alteration assemblage comprising limonite-sericite-carbonate that is associated with the Blue Spec Shear has also been recognised along the strike extent of the Red Ribbon Shear.
#56256;#56451; Metal association - The Red Ribbon Shear records similar pathfinder element associations as those recorded along the Blue Spec Shear. Sampling of visible stibnite-bearing veins at surface from the Red Ribbon Shear has confirmed a gold-antimony metal association similar to the high-grade Blue Spec Shear.

Northwest believes that the Red Ribbon Shear has the same potential as the Blue Spec Shear to host multiple high-grade, near surface, gold deposits. This discovery has effectively doubled the strike extent within the Blue Spec Shear project area.

New drilling programme targeting Blue Spec and Red Ribbon Shear targets.
During the quarter, Northwest commenced an 18,000m RC d

stolwyk
02-11-2006, 02:33 PM
Jorc assessment

Northwest is pleased to report its maiden JORC resource statement from the company’s two gold projects, the Blue Spec Shear project and Camel Creek project, both located in the Nullagine goldfield in WA. The projects are located less than 2 hours drive from the Pilbara hub of Newman.

The diluted resource totals over 250,000 oz gold and approximately 5,000 tonnes of antimony (Sb).
The highlight is the Blue Spec deposit resource which confirms the potential of the Blue Spec Shear to host some of the highest grade gold deposits in Australia.
Northwest’s resources are divided between high grade underground resources and moderate grade open pit resources.
The high grade underground resources comprise the Blue Spec and Golden Spec deposits within the Blue Spec Shear project. These high grade deposits contain approximately 190,000 oz gold at an average undiluted grade exceeding 43 g/t Au and account for over 75% of Northwest’s total resource".


"Based on the high quality of Blue Spec Shear antimony concentrate, Northwest would expect to receive around 35% of the antimony metal price for its concentrates (around US$1,800 per tonne based on an
antimony metal price of US$5,000 per tonne).

Using a gold price of US$550 per ounce and these metal/concentrate prices, 1% antimony per tonne of ore mined has a gold equivalent of 1g/t".

"Antimony (Sb) credits within the defined resource have a current market value exceeding US$6 million based on an antimony concentrate value of around US$1,800 per tonne (the current market price for antimony metal is over US$5,000 per tonne)".

Fodder
02-11-2006, 03:59 PM
Was this Jorc assessment a dissapointing result Gerry?
The market has reacted as if it was expecting better?
What's your take on the announcement.

stolwyk
02-11-2006, 08:54 PM
They had a problem: release a partial result while still drilling or release nothing till the job on Blue Speck was completed.

I would have waited but they had promised a result to be issued in the beginning of Nov. quite some time ago.

As it is, there is still a massive drilling program to be carried out on Blue Speck and I am referring to the depth below 300 m:

Nov 2 Announcement, page 2:
"Resource drilling in the 320m to 470m resource zone at Blue Spec is continuing with two diamond holes recently completed and three more planned for the year. Northwest expects to announce an upgrade of the
JORC categorisation of the deposit in the first quarter of 2007".

"Northwest will target the 470m to 620m zone in early 2007 with diamond drilling and is confident of delineating a total resource well in excess of 300,000 oz Au at Blue Spec".

Comment: The report is already somewhat complicated and to issue news of part of the resource is therefore bad PR.

I do think that the total Blue Spec Resource is much greater than 300,000 ounces and there are more deposits to follow starting with "Green Spec", which according to Carmichael Research could be bigger. Gold grades tend to increase with depth as well.


Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.

Fodder
02-11-2006, 09:26 PM
Thanks for that Gerry.
I appreciate your thoughts on this one.
Finished a little stronger after the initial sell off post the news release.
Maybe a good entry oportunity will present itself in the near future.

stolwyk
14-11-2006, 10:33 AM
Cash issue:
"Non-Renounceable Rights Issue
As announced to the ASX today, eligible shareholders will shortly have the opportunity to participate in a non-renounceable rights issue to raise approximately $5.51 million (before costs). Under the rights issue, shareholders will be entitled to subscribe for 1 new share for every 3 shares held at an issue price of $0.31 per new share.

Shareholders who participate in the rights issue will also receive 1 free listed option for every 2 shares issued. The new listed options will have identical terms to the existing listed options.
The options have an exercise price of $0.20 cents and expire on 31 January 2008".

Letter to Shareholders:
http://sa.iguana2.com/cache/ab1a6e5f5821e6b127b6db31d6720d02/ASX-NWR-434089.pdf

Letter to Option holders:
http://sa.iguana2.com/cache/e8ad84972c3f04f5e8dd2f4b756e5057/ASX-NWR-434090.pdf

Rights issue prospectus:
http://sa.iguana2.com/cache/b83b4443dda140244e3ccc4083ff8102/ASX-NWR-434088.pdf

stolwyk
27-11-2006, 09:59 PM
Northwest Resources Limited
ACN 107 337 379
Company Announcements Office
Australian Stock Exchange Limited
Exchange Centre
Level 6, 20 Bridge Street
Sydney NSW
2000
27 November 2006
Dear Sirs,
Rights Issue – Despatch of Prospectus

Northwest Resources Limited wishes to advise that the Rights Issue Prospectus relating to its 1 for 3 non-renounceable rights issue which was lodged with the ASIC and ASX on 14 November 2006 was despatched to eligible shareholders on 24 November 2006.

Yours faithfully,
John J. Merity
Managing Director

firpohorse
15-01-2007, 11:26 PM
Not much happening with this share over the past couple of months.

Gerry, you still on this and expecting some good announcements shortly?

Cheers

firpohorse
19-01-2007, 12:23 AM
Is anyone still on this share? When is the next announcement due?

firpohorse
29-01-2007, 01:19 PM
What a flop this share is. Even when it makes supposed good announcements the share price goes nowhere!!

What I can't understand is why can't this go from 40 cents to 90 cents within a couple of months like CQT just did. Why do I always get onto the wrong shares??!! &*%^!!!!!!

Be great if Gerry would make some comment on this company considering he set up the thread in the first place.

http://sa.iguana2.com/cache/2340cf486864147bf9da8c9ccf8d83f0/ASX-NWR-442468.pdf

firpohorse
29-01-2007, 07:49 PM
Gerry, why haven't you confirmed if you still hold shares in this Company?

denpal
29-01-2007, 07:52 PM
It's up 30% since the recent placement, so nothing wrong with that. High grade is insurance against cost hyper-inflation.

Just be thankful you aren't in BMO, TAM, BDG etc all gold junior dogs that didn't deliver on their spin and have caused huge losses for investors these last three months.

Lots of gold juniors have seriously lagging sp's ATM.........physical gold is a better bet....no company risk and directors lies or just simple management incompetence won't hoover out your wallet. Sure, you miss out on theoretical leverage, but no risk apart from robbers or forgetting where you hid it!!!

anne2
29-01-2007, 08:28 PM
Firpohorse, I take it you are Cujodog with a new name!

firpohorse
29-01-2007, 09:33 PM
quote:Originally posted by anne2

Firpohorse, I take it you are Cujodog with a new name!


What's a Cujodog?

denpal
29-01-2007, 10:02 PM
quote:Originally posted by anne2

Firpohorse, I take it you are Cujodog with a new name!


He never got it right did he.

Serpie
04-04-2008, 09:54 AM
After watching this stock for the past year (and watching it slowly downtrend over that time) I bought in a couple of days ago at 16c. Only a small parcel to start with. Just testing the water.
Revised JORC results for their Blue Spec deposit were due at the end of March, but they've just released an announcement saying that they're running late, but they'll be out before the end of next week.
Despite looking in on them over the past year I don;t know too much more about them. Anyone else still holding NWR?
Seems to have reasonable support at 15c.

steve fleming
04-02-2012, 09:45 PM
NZers may be interested in this as William Goodfellow (amalgamated Dairies) is the largest shareholder with 30%.

Forsyth Barr have been big supporters of the stock, and there are a number of NZers in the top 20.

Developing one of the highest grade gold mines in Oz (when considering Antimony credits).

Market cap of $15m