I dont have any news but agree this company is acting at snails pace ! Obviously they were not able to obtain a JV partner at their terms & this approach with consultants (although possibly expensive?) gives the project direction & expertise to start producing. Hopefully it comes to original production forecast of under $400 an ounce (with antimony credits). Later they can drill lower section out providing more confidence in resources & have funding for further exploration. They really need a geo for some direction as I worry consultant costs can be considerable (although sometimes worthy of what youve paid). I have held this stock due to expected low recovery costs, cash in bank which is still considerable (nearly at share valuation) & if the possibility that if ever production occurs, this could be worth multiples to current share price. I have even considered buying more but this would purely be a "punt". With gold prices at highs, I hope there will soon be some form of rapid progress.
NWR Price at posting:
5.0¢ Sentiment: None Disclosure: Held
