Great Western Mining Share Discussion Threads

[jusjusjus] 11/11/2020 14:47

hmmmm, something about to happen, we're rising today and mostly sells!

[domple] 11/11/2020 10:18

It's all about the GOLD

#GWMO need to produce some GOLD BARS.

[domple] 10/11/2020 20:22

yes. some very respectable trades. dont know why share price dropped but no point wasting energy as this is an aim stock.

[jusjusjus] 10/11/2020 16:34

strong-ish final hour, good to see!

[domple] 10/11/2020 09:10

My apology to you Linz22 for being a little bit rude as I seemed to have misinterpreted your post as a dig against those who favour gold.

Your last post set it out succinctly.

[linz22] 10/11/2020 04:12

Indeed, Domple, though the times to which I'm referring were not that long ago..

But, I see a couple of other posts were quickly fired in before I managed to upload my response, above.

So, to be clear, the simplistic take on events in question was that the new vaccine may somehow help to miraculously 'fix' the hitherto moribund US economy, and therefore now might be the time to offload investments in precious metals.

Meanwhile, nothing's really changed, bar a bit of positive sentiment. The US, and all deindustrialised western nations, have no magical strategy to repair their broken economies, only stimulus to infinity, now guaranteed under Biden, with associated proliferation of the negative interest rates phenomenon, Oh, and expect renewed provocation by the American war machine, too, on Biden's watch.

All said, you are spot on to point out how gold/PMs (and I would add crypto to that) will remain a safety hedge in the increasingly turbulent years to come, and why we should still be accumulating on these dips rather than selling - and GWMO currently offers exceptional value, and potential, in that regard.

And, I think you very astutely raised the issue of vaccine efficacy in the face of newly observed possible mutation, which is what viruses do in nature - though the claimed 90% efficiency is very impressive, if true, so here's hoping...

[linz22] 09/11/2020 15:17

Ah, the whiff of blissful ignorance.

I remember that feeling, of trust and simplicity, and gosh how I miss it.

Everything was so much easier in those days )..!

[domple] 09/11/2020 15:15

Gold is always the safety option and can be a great fall-back for any economy. So any govt should ensure it has enough in reserves to cope with disasters.

Too early to say if vaccine can deal with new strains of the virus such as that found in the Danish mink farm.

[mo5h] 09/11/2020 15:13

It's not a rumour, it's announced by Pfizer.You may not like it as it temporarily hits the share price but good in the long run.1 year ago gold was nearly £50 per gram

[vauch] 09/11/2020 14:55

The world is saved by the yanks that rush through a vaccine that is 90% efficient.
Not so sure myself but if true will save the American economy and will cost the rest of the world millions.
So it looks like gold is now off the buy list

[domple] 09/11/2020 14:36

very strange. gold prices take a hit on rumours of covid-19 vaccine. So it seems gold miners take a hit too.

[domple] 09/11/2020 11:32

better still, Mr Buffet.

[jusjusjus] 09/11/2020 11:18

oh well, some more sucking-up to do, let's hope a new investor (or Mr Webley/Mr Kelly again) will hoover them up!

[domple] 09/11/2020 11:17

seems as tho we're stuck here for the time being! heyho!

[jusjusjus] 09/11/2020 11:02

nice buy to re-dress the balance!

[domple] 09/11/2020 10:58

There is also the chance of the remaining warrant holders exercising their warrants (excluding the 1.75 ones). Once clear of these warrants the share price should really motor. imho dyor.

[jusjusjus] 09/11/2020 10:31

ex-warrant holders still selling their converted shares by the looks of it!

[domple] 09/11/2020 10:02

We just need GWMO to produce the gold bars! That's all they need to do.

[jusjusjus] 09/11/2020 09:55

Tweet from the company...

[domple] 09/11/2020 09:33

Yep. Some decent buys coming thru.

[fund1] 09/11/2020 09:00

Nice start again

[domple] 09/11/2020 08:55

Still time for Warren Buffet to join in the fun.

[jusjusjus] 09/11/2020 07:50

RNS says "Kelly"

we'd be 2p already if Buffet had invested!