NWR closed only just above cash backing today, if I'd known 5.5c was going to be on the cards I would have placed an order to pickup a few more.
While the latest announcement is not big news there is still more value here than what it's been priced at today. It was just a couple of sellers getting a little desperate, only $2k worth of stock changed hands under 6.5c, that's nothing.
With gold currently rising again tonight I think NWR will probably stabilise again and rise to 7c+ by the end of the week.
NWR Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held