Ann: Exceptional New Drill Target Defined Next to Antler Deposit, page-49

Hard to fathom the selling at these levels, particularly with such an exciting and prospective next few months of exploration drilling ahead. Even if they find noting Antler itself is a takeover target when money returns to the junior copper sector.
For those in the stock about three years ago you'll recall the stock ran from 3c to 12c on the back of the copper price running from US$7,500/t to US$10,000/t. At that point NWC hadn't even released a maiden resource. Since that time the Company has released 2 resources, a scoping that shows Antler as a standalone project to be highly robust (even at current spot prices), and has the clock ticking on project permitting. Also, underinvestment in the copper space has only intensified in the last few years making near term development stories few and far between.
When the pending copper price surge comes (and the drums are beating louder each month) NWC can easily run through 15c and when eventual corporate interest comes we'll be looking at something north of 30c minimum.
This stock is a very cheap call option on all of the above.
At least that's how I'm reading the tea leaves.