NWR 0.00% 0.6¢ northwest resources limited

re: no news and bought more, page-3

  1. 4,756 Posts.
    lightbulb Created with Sketch. 1011
    re: no news and bought more I had a very large block of oppies that I sold prior to Christmas. The fundamental problem right now is the strength of the US$. US trade deficit is falling as US manufacturers ramp up exports. The strength of exports AND the falling oil price will IMHO lead to substantial sustained downward pressure on gold prices.

    I like the NWR story but the recent share issue has flooded the market with paper and the stock price might get "TOX'd"
 
watchlist Created with Sketch. Add NWR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.