This has been another so called 'good' announcement with a 'not so good' response re sp movement. Sometimes one wonders what a company has to do with positive newsflow and the apparent disconnect between it and the markets. Markets seem more interested to follow the DOW rather than company specific news. The DOW is still in record territory - hate a fall of 30% or more - that would bring NWH back to a buck (and of course taking many other stocks with it).
Maybe need some not so good news - reverse psychology seems to work wonders sometimes - just look at doctors - who normally advise sick people to do certain things - that seems to have been turned on it's head.
The company has work in hand that is increasing, workforce that seem adequate to date and a balance sheet that allows dividend payments - so sp going backwards??? Some major companies are struggling, have big losses, weakened balance sheets propped up by CR's and sp goes up. Interesting world we live in. Should sell out, go and buy a few hectares in the desert, put up a sign 'future expected gold production', go and list and may have a rush of investors willing to pay for a patch of dirt. There is such a thing as paydirt???
At least a divvy is coming - it'll pay for some smallish bills.
NWH Price at posting:
$1.80 Sentiment: Hold Disclosure: Held
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