NWR 0.00% 0.6¢ northwest resources limited

re: no news and bought more, page-3

  1. 4,773 Posts.
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    re: no news and bought more I had a very large block of oppies that I sold prior to Christmas. The fundamental problem right now is the strength of the US$. US trade deficit is falling as US manufacturers ramp up exports. The strength of exports AND the falling oil price will IMHO lead to substantial sustained downward pressure on gold prices.

    I like the NWR story but the recent share issue has flooded the market with paper and the stock price might get "TOX'd"
 
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