NWR 0.00% 0.6¢ northwest resources limited

gold stocks undervalued - the gold report, page-14

  1. 3,631 Posts.
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    Round table not wanting to rain on anybody's parade but i would have to agree with you. I to have seen the plant recently and that antimony stuff must be some of the most corrosive stuff put on earth. No Doubt they have some some grade and a bit of potential but the plant requires a lot of work. I always wondered when i was holding what the holdup was on restarting a quick visit told the story. Best outcome i could come up with for NWR is a merger with MOY to blend a bit of the high grade with their low grade. All in all though with gold on the rise and such a low market cap its probably not a bad buy at current levels. At one time they were forecasting ultra low costs after antimony credits.
 
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Currently unlisted public company.

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