Hi Guys, i have been looking at NWF for some time now (im a geo by trade) - i have bought several shares in it and will continue to buy up as the price drops!
Overview of NWF:
- located in Sierra Leone - known for its diamonds
- They have over 700 km now of land - all very good areas
- they have a proven resource of alluvial's - ALONE WILL VALUE NWF AT OVER 90c!
- they have a processing plant which is starting to produce diamonds - they will have internal cash flow shortly
- there is a demand for diamond
- they have over 50 primary diamond targets - they already have micro diamonds - if they hit macro diamonds in a kimberlite vein then the share price imo will be over 1.50...
- the amount of trades on this stock is very low which suggests either:
- there is confidence as not many people are selling - i am definitely not!
- it is not on most peoples radar - search hot copper - hardly any talk at all....
the value now of this stock is at least 0.9c and once they make a few more announcements imo it will get to $2...
NWF Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
