NWR closed only just above cash backing today, if I'd known 5.5c...

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.