Great Western Mining Share Discussion Threads

[domple] 22/10/2020 16:34

Wont mention a word, not a peep, just you and me J.

As soon as they become a producer, they get kudos and muchos attention cos everyone knows there's an obscene amount of gold still left to mine in Nevada.

Happy with the daily drop till then. Gets rid of the weak and allows in at the cheap!

[fund1] 22/10/2020 16:00

If we ever reach between 2p-3p that's me off to to live my life in the sun think in the current climate that is more than possible

[jusjusjus] 22/10/2020 15:47

shhh, keep it under your hat, otherwise GWMO will get taken out too cheaply at something like 5p a share!

[domple] 22/10/2020 14:51

Having just listened to Brian Hall interview on proactiveinvestor and re-read the rns update, it seems we could have revenue of around £95,000 from 25 tonnes of spoil heaps.

GWMO say upto 12,000 tons so, at current prices, this would equate to revenue of £45,600,000 almost 8 times the current market cap.

Please note this is only a fraction of the potential (other sites, more extensive drilling, copper play etc. etc.).

Obviously, there's a current limit of 900 tons, and costs of transportation and leaching (could be reduced if leaching facility on site).

Am I out of the ball park on these calculations?

[zxie] 22/10/2020 14:12

https://www.proactiveinvestors.co.uk/companies/amp/news/932158?__twitter_impression=true

[zxie] 22/10/2020 14:11

https://youtu.be/bvb3XbDlgWk

[fund1] 22/10/2020 12:47

Be rude not to take some more at these prices

[vauch] 22/10/2020 10:04

We still have a lot of warrant to clear 190 is million to go

[jusjusjus] 22/10/2020 09:54

we had a similar fall to above the latest warrants (exercise price 0.2p), then they cleared and we rose back to the 0.3's. hope it's just the same again.

[fund1] 21/10/2020 21:28

Yes gold and silver climbing nicely long way too go. Seen nothing yet

[graylyn1] 21/10/2020 14:59

see gold is climbing nicly.

[graylyn1] 21/10/2020 14:55

taken from Twitter......

[zxie] 21/10/2020 13:13

https://twitter.com/mining_great/status/1318858779971231745?s=21

[fund1] 21/10/2020 12:24

Same here I held pow from 0.30 today it is 2.2 sold too early held ufo from 0.26 touched 3p I am not making the same mistake here ufo took a while to get going so did pow

[vauch] 20/10/2020 21:04

Fund1
I hope it will be a lot higher as i will be looking a slicing at 2p

[fund1] 20/10/2020 19:30

In hindsight would have been nice to sell at 0.38 and buy back I saw big profits at 0.38 and although still well in profit it always hurts to see it fall back. But I truly believe with where metals are going I will get a chance to sell much higher than 0.38

[caleyiom] 20/10/2020 18:20

Correct. We must have done our research to invest in here. Early next year I would be over the moon with a 1p share price 'Rome wasn't built in a day'

[graylyn1] 20/10/2020 17:53

Me niether, this has risen prety fast over a short time frame. It is quite normal and understandable that investors who hold a chunk at much lower prices than today will top slice, sell out and move on etc, this shakeout is really healthy at this point I think, now we can form some sort of a base before the next leg up. After all what has changed? nothing all is good.

[caleyiom] 20/10/2020 16:27

I wouldn't sell a bean

[jusjusjus] 20/10/2020 16:10

hmmm, sells seem relentless, tempted to sell...

[vauch] 20/10/2020 16:08

From September 2020 we have had 200 mill and 50 mill warrants sold at .16
And 37 mill and 25 mill at .2 so that's another 400k in the bank.
their is 252 mill of them at .2 so could be pulled back each time if the are making a hole for them 190 mill to go

[vauch] 20/10/2020 15:13

A lot go on the buy on anticipation sell on news

[jusjusjus] 20/10/2020 14:57

the madness is that if we hadn't had that good news RNS we'd be blue instead of red!

[vauch] 20/10/2020 14:46

AIM predictably unpredictable