Value Microcaps Junior Miners

[Bobwins]

naturally I sold 2/3 of my NM a couple of weeks ago for C$1.04~~~! Was disappointed in drill results so far. Effort was scattered and hasn't really come up with anything great. Would have taken a lot more drilling to substantially increase resource ozs.

But they had the operating permit. I believe that's what Coeur's is buying and I think KOR.to will be the next buyout announcement. Combine Mother Lode ozs with Sterling operating permit and you have a mine. Otherwise the few hundred thousand ozs that NM had at several sites wouldn't budge the needle at Coeurs.

But we'll have to see. I sold my small position for C$1.53 today for a decent profit from C$.97. I doubt anyone else could justify a big price for NM. Again, they haven't proved up many ounces and it's nice speculation but with gold in the dumps, who else is going to bid C$150MM? for a small gold mine with potential?