NWR 0.00% 0.6¢ northwest resources limited

very dubious reporting

  1. smm
    550 Posts.
    I dont like the recent announcement one bit. Far too vague for my liking. I think the company was aware of the markets expectations for results. I think that the drilling didnt show up too much they didnt already know and thats why the announcement only talked of halos without any details. This type of reporting is mere puff and although i think they have great potential if they find another blue spec, i am sceptical that it may be a one off anomaly and the rest of these halos are just like WTEs deposit. Low-med grade and not that exciting.

    Im disappointed to say the least. Im going to diversify my holdings out of this one and just hold a small parcel.
 
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