Great Western Mining Share Discussion Threads

[yorgi] 29/6/2017 15:06

For the moment rising from that last dip but which way we will be going over the next few hours let alone days is anyones guess. My view for the medium to longer term is not changed as it what we have in the ground, discovered and yet to be discovered that will determine our long term value.

[thehitman1] 29/6/2017 15:04

By the way, fidely is yorgi, if you didn't know.

[thehitman1] 29/6/2017 15:02

Big lie, i am sure he did and much more, mr ramper!!!.

yorgi29 Jun '17 - 14:50 - 6831 of 6831 1 0
Shahi

The point I was making 3p was not nailed on and it wasn't. Short term is always too difficult to call as we don't know what RNS might appear in the next few hours or the following day and yes the second placing may well have been the trigger for the decline it does appear to have been. What is fact 3p was not nailed on. I know there were other such posts as well.

[yorgi] 29/6/2017 14:50

Shahi

The point I was making 3p was not nailed on and it wasn't. Short term is always too difficult to call as we don't know what RNS might appear in the next few hours or the following day and yes the second placing may well have been the trigger for the decline it does appear to have been. What is fact 3p was not nailed on. I know there were other such posts as well.

Yes I agree with you for the moment a traders paradise and I also agree with you for the longer term which is my interest.

Although initially I was disappointed to see the second placing RNS and of course would have liked to seen it higher but as I gave it more thought have seen it as a good move. As for the declining SP, well like most I like to see my investments rising in value but as I'm looking at the longer term view and I would like to increase my holding which I have and I'm not concerned about the drop in share price The real value of the company has not changed, the value is in what is in the ground !

[shahi1] 29/6/2017 14:48

Festario,

I agree with you....thanks! I have learnt at very great expense not to get emotional with shares esp AIM ones hence my decision to exit GWMO today. If it goes up, so be it and good luck to all holders.

I will look into buying again if the share price reaches the first placing price.

I was lucky enough to get in sub 0.60p on the JORC upgrade RNS so have done well here.

[mcpaulas] 29/6/2017 14:47

Shares will be released for trading at 1.25p tomorrow and further shares for trading at 1.60p on the 6th july.I see a brief fall tomorrow and a chance to buy shares on the cheap before heading back up to 1.60 on the 6th.Thats if the mms play fair.

[thehitman1] 29/6/2017 14:44

sorry to be very honest but this will fall further.

[festario] 29/6/2017 14:35

Shah, I agree with all your points bar one.A traders paradise is only true when the stock is volatile 'up and down'I'm afraid that the steep and constant drop here is indicative of a pump and dump.The grades are obviously not as exciting as we thought, or these dips would have been bought into.The dilution of approximately 40% more shares in issue has holed us below the waterline.Sorry Mrs Fest, the new car won't be this year.

[shahi1] 29/6/2017 14:28

Yorgi

That was before the second placing. Ever since that happened, the sentiment has turned against the company as you can see from the declining share price which was 2.5p when I posted 3p was nailed on and 10p was my longer term target.

This will still come good with the right news flow but for now it is a traders paradise.

[love it] 29/6/2017 14:12

ok.

Well I have a 12 hour work shift now so I'm going to miss all the games here in the next 2 hours.

[festario] 29/6/2017 13:58

Run along Love It.You are a fountain of misinformation

[love it] 29/6/2017 13:51

Festario

So you are convinced the price is going to 1.2p but you hold 3.5 million of them. Does not make sense you would simply sell and buy back. I think too many people cannot just sell and move on, they have to get some sort of self satisfaction by deramping after to try and justify their decision.

[yorgi] 29/6/2017 13:50

I agree with that view Pre.

[yorgi] 29/6/2017 13:49

So 3p wasn't "nailed" on 22nd then Shahi, and you have decided against holding for 10p then !


shahi1 - 21 Jun 2017 - 15:28:00 - 6525 of 6820 GREAT WESTERN MINING - Copper Silver and Gold in Nevada - GWMO
3p is nailed on for tomorrow. Good re-rate. Holding for 10p plus.

[pre] 29/6/2017 13:49

money moved from impatient to patient who are holding for the substantial gains imo, plenty of newsflow anticipated here,dyor etc..

[festario] 29/6/2017 13:47

Love It, no.. you are wrong Sir, I hold approx 3.5m of these.A drop in price is the very last thing I want to see.

[shahi1] 29/6/2017 13:44

I have decided to sell out today at 1.55p and wait for 1.25p which was the first placing price. My stop loss of 1.50p would have been triggered as I can now buy at 1.45p

[love it] 29/6/2017 13:44

Festario

You sold out and then instantly deramp the stock. I think there is a bit of manipulation in progress, dropping the price to let people panic sell but not letting people buy online unless tiny amounts.

[festario] 29/6/2017 13:42

Love It, I'm afraid you are misrepresenting what is happening.Please don't attempt to artificially ramp any stock.I have done test buys and test sells via TD this lunchtime, and my experience does not bear out what you are stating.

[love it] 29/6/2017 13:40

Letting people sell no problem but not getting a buy quote on this new dip. mm's not playing very fair are they

[love it] 29/6/2017 13:21

This stock plays with you. The moment it looks bad it turns and looks good and vice versa. People get flushed out and naturally turn negative against the stock.

[shaunx] 29/6/2017 13:20

Kewben71 I'm thinking that this week will see the placing already in the market. I would expect a base to be set at 1.5 levels and await next news / upwards buying pressure

[festario] 29/6/2017 13:16

I'm afraid it no longer looks like consolidation.In fact I got suckered into thinking that at 1.8p on Tuesday, and I fell for it.The sideways drift I hoped for has not materialised.I expect a return to the 1p to 1.2p area.... at which point, 'IF' it settles there, I may add to average down.Never expected to be in that sad situation.

[love it] 29/6/2017 13:12

Can now buy at 1.509p online

[love it] 29/6/2017 12:46

Managed to get some at 1.52p there, still sellers helping out the mm's at this level.
Each time it looks like it will bounce to blue sellers turn up and bail out the mm's.