Great Western Mining Share Discussion Threads

[yorgi] 28/6/2017 21:45

I don't see anything to concern us about on that front, if anything quite the opposite. Good digging (excuse the pun) Kewben :-)

[kewben71] 28/6/2017 18:59

Real wildcat stuff up in the wilds. Gives some perspective as to location, surrounds and people who are on the ground in the area. Also who we are partnered up with on M1

[festario] 28/6/2017 18:15

Interesting to see he was drilling for Gold, Silver and Copper in his comments.

[yorgi] 28/6/2017 17:10

Would you like to post the links please Kewben

[yorgi] 28/6/2017 17:05

The upside is of course for those with a long term view the chance to buy in or build holding more at a better price. Of course not so good for those with a short term view, trading who thought they were going to make a quick buck if they bought earlier this week or late last week.

Like most I like to see my investment rising in value so a rising share price is welcome of course but as my view at present is for the medium to long term and I want to add to my holding then the slipping share price has it's upside as it were.

[kewben71] 28/6/2017 17:01

Not much information on the crew we are hooked up with in the Huntoon Mine Area Cooperation Agreement (CROWN POINT GOLD AND SILVER MINING COMPANY LLC)

3 managers listed
Chris Hegg Hawthowne NV
Roy Ismay Hawthowne NV
Tony Tipton Mina NV

The company has only been in operation 2 years.. Some interesting pictures and videos on their face-book pages of the work on their prospects and the surround area...

Taking a look at their previous roles and what they are up to gives some detail !!

[barnetpeter] 28/6/2017 16:56

Closed very weak so we may see another fall tomorrow to about 1.5p. I am sure this is the placing stock.....the company did well to raise all this new money but the downside is that it creates a lot of weak holders.

[love it] 28/6/2017 16:28

I'm getting 1.6p to buy which is the bid price.

[barnetpeter] 28/6/2017 15:39

1.60....the placing price. L2 looks a big weak though.....

[love it] 28/6/2017 14:55

Changes so quick, now you can buy at the bid price 1.65p

[love it] 28/6/2017 14:44

What about all the volume hidden on that other exchange ?

[yorgi] 28/6/2017 14:42

I agree volume is reasonable, I thought it was dropping off a bit more but it does now appear it is pretty much in line with yesterdays volume.

[barnetpeter] 28/6/2017 14:39

the vol is not so bad...33 million so not too bad and near 50 million by the end.

[love it] 28/6/2017 14:31

1.666-1.67p

Always a great spread in this one

[festario] 28/6/2017 13:32

You certainly couldn't categorise it as a 'collapse'In my opinion the placing at 1.6p, irritating though it was, has put a floor under the share price

[love it] 28/6/2017 13:30

If the mm's are bidding over mid price for stock I can only see it going up with a few shakes along the way.

[yashdi] 28/6/2017 13:25

Going down

[love it] 28/6/2017 13:21

What a online spread 1.644-1.645p

[love it] 28/6/2017 13:12

Cannot buy again, 1.7p again very soon I reckon

[love it] 28/6/2017 11:41

Intra day chart looks to be the same or similar to yesterday, shake low yesterday was 1.63p offer and then it shot up over 1.8p, could happen again

[festario] 28/6/2017 11:38

All I know is, that down here 'near' the placing price... if I had free funds right now.... I would be BUYING.However, GVC needs my support right now, due to an impending trading update, and dividend announcement.There's not much on the markets I see as a BUY right now, but I believe GVC and GWMO are.

[kewben71] 28/6/2017 11:16

The next news WILL BE.....

RNS TOMORROW - 4.6MM shares on market from 1.75 Warrants... Beaufort will have had to of flipped them or they will be making a potential loss of circa £4.6k at current price!!

RNS Friday - 92MM shares on market at 1.25..
Based on current price the advfn MCap will show as circa £8.2MM

RNS next Thursday 94MM shares on market at 1.6..
Based on current price the advfn MCap will show as circa £9.7MM

That is a hell of a difference from the companies MCap from Beginning of June of £1.6MM

Now the company has an updated Jorc compliant project and just over £3MM cash in the bank... A firm target approach to complete the M1 work started last Autumn and a strategy to gap fill and prove up their M2 Copper play....

I don't know much about M4 yet... I see they received permits and signoffs end 15 / begin 16 and mentioned breaking ground at the same time but very little else to give a hint of what is being targeted or the actual work to be undertaken... other than in the last RNS "The Company has a very busy field programme this summer and autumn on its three most advanced prospects, M1, M2 and M4, all in Mineral County, Nevada. We look forward to updating shareholder as the results from this work are generated."

This does suggest that work has been undertaken on M4 since beginning of 16 if it is one of their advanced projects...

Watching and waiting