Great Western Mining Share Discussion Threads

[graylyn1] 08/12/2020 15:22

A lot going on for a small company.....

1. MJ Spoil Heap Recovery Commercial Project Development: The Company is on track to produce first gold and silver from spoil heap recovery before the end of this year on a trial basis, subject to unforeseen last minute delays. Optimum commercial recovery for the longer term is likely to be via construction of a cyanide vat-leach facility on company property, currently being evaluated and specifics of which will depend on a laboratory exercise now in progress in the UK, using a consignment of air-freighted material. The first batch of lab results are expected early in the New Year.

2. Olympic Gold Project Drilling: In May 2020 Great Western signed an option to acquire a 100% interest in the Olympic Gold property in Nevada and has since carried out a Magnetometer survey on the main leads over this 800 acre property. Over the last few weeks this has been followed up by an infill Magnetometer survey, using more powerful equipment to focus on the leads already identified. Of the four primary leads, the first two scheduled for fast-tracking are (1) the OMCO Mine Extension where the Company is trying to identify the continuation of historically prolific gold and silver veins to the east and south of a fault which was the limit of previous exploitation. This will require an IP survey and subsequent drilling to achieve a definitive result; (2) The Trafalgar Hills prospect which has reached the stage where drilling is required to evaluate it further.

3. Rock House Group (RH) Drilling: The gold and silver potential of the RH Group of claims, never before explored or mined and initially identified through satellite imagery, has been established through surface rock and soil sampling, trenching and, in recent weeks, through a follow-up Magnetometer survey. Drilling will be the next stage in evaluating this opportunity.

4. Mineral Jackpot Group (MJ) Drilling: The five historic and adjoining mines in mountainous terrain which make up MJ have been further explored in 2020, doubling the previously known mineral footprint for gold and silver and establishing connectivity between all five mine sites, as well as establishing an extension to the south-east. As access for a trenching vehicle is not feasible, a small, manouevrable unit will be used to drill, initially at the Bass Mine site, and follow the most promising veins so far mapped.

5. New Ventures: Great Western has a wide range of prospects on its existing acreage in Mineral County Nevada, including a number of leads and prospects which have not yet been explored or exploited. Nevertheless it is the Company's strategy to expand its asset base in Nevada to increase the potential for more than one produceable asset and to secure long-term continuity of production in this relatively low cost environment. Several potentially exciting opportunities have been identified and are being assessed. Budget funds may be diverted to these new opportunities during 2021.

[brut winky] 08/12/2020 10:38

Lot of support here, and resistance is at 0.50, worth a punt purple don`t knock it yet.

[purple11] 08/12/2020 10:00

o dear its going the wrong way....

[brut winky] 07/12/2020 20:38

Bought today, look attractive given the potential for some bonanza gold. I Was tempted to wait until after Christmas but it looks a little twitchy as it`s over sold short.

[graylyn1] 07/12/2020 15:45

creeping up nicely, low spread mkt cap on3.17b shares approx £6.5 m with approx £2m in cash, not expensive. Update not far off??

[domple] 03/12/2020 15:49

GWMO and their advisers are missing a BIG piece of marketing.

This period right now is one where people's receptors are especially high. Those with an inkling of knowledge could use this period to maximise any good news.

It's not the time to be lame and quiet but the time to shout out some great results.

If they did that, it could turn around the company's fortunes and they wouldnt have to scrabble around for a few grand here and there at rock bottom prices.

embarassing really.

[vauch] 01/12/2020 13:21

Plenty of news but where?

[vauch] 30/11/2020 16:49

Every day with GWMO is a great price.

[mr woodland] 30/11/2020 13:39

Good price?

[undertaker] 28/11/2020 15:12

what are the upside targets LT'rs are expecting here please?
cheers

[vauch] 27/11/2020 14:03

Gold heading back to January prices.

[domple] 25/11/2020 12:01

here she goes....no holding back imho dyor

[domple] 24/11/2020 14:51

certainly looks like it. Nearly down to $1800. not looking good but it can go up just as fast as it has come down.

[vauch] 24/11/2020 13:19

are we getting a rerating n gold

[zxie] 24/11/2020 10:36

No one to buy?

[mr woodland] 24/11/2020 09:47

Why not trades?

[domple] 23/11/2020 20:55

550,000,000 shares to be admitted on the market tomorrow

[domple] 23/11/2020 20:53

If you come here for advice on the price to buy, perhaps you should think twice about risking any money at all. Good luck!

[mr woodland] 23/11/2020 17:58

Looking for Buy at the best price

[jusjusjus] 23/11/2020 15:54

is that a request for investment advice mr w?

[mr woodland] 23/11/2020 15:08

Hi Is buy price now?

[jusjusjus] 23/11/2020 13:27

oh-er, a bunch of buy orders sitting there @ 0.21p and triggered!

[domple] 22/11/2020 22:46

Get ready for the 10 bag.

[domple] 20/11/2020 09:39

The mms wont take it any lower than this...imho dyor