NWM Mining Corp fka NWMMF

[eik]

NWM Mining was #2 pick in "Mining Top 25 for 2011" Caesars Report. That's where I found this stock a year ago. Traded it several times with modest success, but for buy&hold investors 2011 year was a disappointment... not just for NWM, but for mining sector in general.
That's how Caesars Report describes it now (12/21/2011):

"The company is currently still ramping up their production, after experiencing some problems in September/October. Everything should be solved by now, and we think the company will have reached an annual output of 20k oz pa by year’s end, ramping up to the planned 30-35k oz pa by the middle of next year. It’s interesting to see the company appointed a consultant to offer advice on how to create shareholder value, so we wouldn’t be surprised if a deal will be made, somewhere in 2012."

I guess they are going to keep it in Top 25 portfolio for 2012. We will see soon... I think NWMMF is a speculative buy here with easy double (or more) in 2012. Insiders hold a bunch of shares/options priced @ 0.08 and 0.12 .

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58333772
http://www.caesarsreport.com/freereports/CaesarsReport_2011_Roundup.pdf
http://www.caesarsreport.com/Top2011