i agree ... dlkno ...any word of a j/v with a cashed up miner will put groundswell under the sp for a move upwards for sure.
as an aside i mentioned on the 1/6/2009 that i had a dream that NWR struck oil. well, i just discovered that NWE (norwest energy) discovered oil on 2/6/2009 i.e. the following day. so i may have had the wrong co. in mind in my interpretation of the dreams meaning.
never-the-less, NWR i reckon still has a profile that i find damn interesting
***market cap......$7m. ***cash in bank....$6m. ***jorc resource...353,000 ounces @ 8.3g/t Au (including the blue spec deposit of 253,000 ounces @ 24.3g/t Au) ***their own mothballed processing plant on-site ***drilling upside along the blue spec & red ribbon shears ***neighbour is MOY where the sp has increased 50% last week.
_____________________________________________________________ 2 June 2009 ASX Announcements Puffin 13 Progress report No 2 Oil Intersections confirm Puffin 9
NWR Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
