NWM 5.00% 1.9¢ norwest minerals limited

Ann: Drilling commences at Arunta West REE target, page-123

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  1. 1,257 Posts.
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    NWM need to actually hit something before big money flows in, you’re buying on dot joining and speculation from Neighbour’s results right now. Albeit 70-90km away.

    Not many would be throwing $100s of thousands at this until they announce they have REE themselves, if they do. Then it’s on. Same situation as WA1.

    Small amounts of money flow in on hype, and take profits before anything meaningful is announced, the opportunity comes after results, might miss the first 20-30% on open, and if it’s good enough ride the next 500%


    People waiting & missing WA1 at 12c but jumping in at 18c (50% higher) are clearly not disappointed sitting on nearly 10 bags, all without the risk as they waited for results.


 
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