Great Western Mining Share Discussion Threads

[fund1] 13/9/2020 14:12

At some point maybe or a joint venture but short term plenty of gains to be made

[domple] 13/9/2020 13:57

Sorry = dorry

[domple] 13/9/2020 13:56

Income from gold sorry bars...would there be a need for a placing???

[fund1] 13/9/2020 08:47

Plenty of upside tomorrow. Gold and silver will be entering a super cycle. UFO did same thing then really took off. Expect the same here. Zak Mirs first target is 0.27 still time to get in.

[stevemaserati] 12/9/2020 16:41

Is there a placing coming ?

[jaspoland] 12/9/2020 15:02

JohnCasey, I know it is fully funded for 2020. But what is that going to entail? Digging some gold out of the ground? At what cost and how much production? So many unknowns still to answer. I see this as a p&d until we have more information to hand.

Also if this were to spike to 1p as you suggest the BOD's will take advantage and raise more money

[johncasey] 12/9/2020 14:48

listen jaspoland.. £20m is sod all market cap so id say 1p easy...fully funded too in july RNS Number : 1459T

Great Western Mining Corp. plc

16 July 2020

GREAT WESTERN MINING CORPORATION PLC

("Great Western" or the "Company")

PLACING OF NEW ORDINARY SHARES

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW), which is exploring and developing multiple early-stage gold, silver and copper targets in Nevada, is pleased to announce the successful completion of a placing to raise gross proceeds of GBP450,000 through the issue of 450,000,000 new Ordinary Shares (the "Placing") at a price of 0.10 pence each. In addition, the Company is granting 225,000,000 warrants based on a ratio of one warrant for every two Placing shares ("Placing Warrants") together with a further 27,000,000 warrants to be granted to Novum Securities Limited acting as broker ("Broker Warrants"). Each Placing Warrant carries the right to subscribe for one new share at a price of 0.20 pence per share for two years. Each Broker Warrant carries the right to subscribe for one new share at a price of 0.10 pence per share for two years.

[jaspoland] 12/9/2020 14:39

JohnCasey, what are you smoking? Whilst we might see some gold production soon it is going to only be a token amount surely?
Talk of 100million Market cap is a little premature imho. Gwmo has always been a bit of a pump and dump share in the past and I don't see that changing until we see more substantial news that might back up your predictions.
If this does hit .30p next week it will come back down just as quick.

[inv] 12/9/2020 14:29

Placing Monday ortuesday

[johncasey] 12/9/2020 14:28

gold production here will be alot faster than greatlands so expect to see a far rapid rise in shareprice..if we get to a penny that will be £20m market cap..so 5p isnt out of the question £100m..we all know what happened to solgold 1p to 50p in a couple of days a few years back..to me this is a far better company in a far better country so a quick 50 bagger not out the question if the herd go mental for it

[jimbob999] 12/9/2020 12:57

Safe country (make America great) Gold finds Gold producer this year Funded for 2020Established bodTiny mcapHerd not yet noticed itSome of the reasons from my research hence i took a very large position here this week. Good fortune to all.

[domple] 12/9/2020 10:21

Easy to say Maserati. All the facts are suggesting the share price will continue to rise meteorically. It's all a risk so you take your chances.

The dollar is currently the world standard. However, US govt borrowing is $trillion. The dollar will shortly no longer be the world standard. it will be GOLD.

Gold price is set to contninue its rise.

already found gold.

in one of safest zones in the world

in one of the most gold rich areas of the world

[stevemaserati] 12/9/2020 07:10

Not with the amount of shares they have now you silly boy

[stevemaserati] 12/9/2020 07:09

Pump and dump

[fund1] 11/9/2020 21:33

Can see it doing near 100% on Monday.

[domple] 11/9/2020 20:43

Would seem a snip!

[johncasey] 11/9/2020 19:15

so £30m market cap would still seem cheap..10 bagger from here 2p

[domple] 11/9/2020 18:06

Yes. The share price can rocket. the difference being back then it was all about getting reports on the copper prospect. Now, we know there's gold and GWMO estimate anything from 500,000 -1,500,000 ounces and of course gold price has been rising and looks set to rise much, much further, making the gold prospect look stellar.

GWMO are looking to produce and sell gold shortly.

Then, on top of all the gold, we have the silver, the copper and all the other minerals.

Usa and Nevada is one of the best gold areas in the world.

market cap $3m???

[johncasey] 11/9/2020 17:11

i remember when this went from 0.2p to 2.5p in a couple of days...could happen again