Great Western Mining Share Discussion Threads

[zxie] 06/2/2024 12:28

Is best time for buy

[flyhi1] 06/2/2024 11:36

Mill news could drop any time and then we’ll be away and up again.

Oversold.

[flyhi1] 06/2/2024 11:35

I’ve taken advantage of this drop and added to my holding.

[flyhi1] 06/2/2024 11:33

Thanks for posting that Graylyn 👍

[crossfirecssf] 06/2/2024 11:23

Strange, down 8% and it would still cost me 0.069 to buy 5000000, when yesterday I bought the same for 0.629??? Market makers playing games.

[crossfirecssf] 06/2/2024 11:11

Enormous spread...

[crossfirecssf] 06/2/2024 09:06

Damn, it's so hard not to blink first...

[zxie] 06/2/2024 08:21

Good news on the way

[crossfirecssf] 05/2/2024 16:53

10,857,999 shares sold Friday,... 11840000 bought Monday. 982,001 shiny new shares, or approx 10% share gain in a day. Think I may take £5 profits for a 6-pack. :)

[sincero1] 05/2/2024 07:09

festario....ouch ouch ouch..pahahhaaaaaaaaaaaaaaaaaaaaa

[festario] 04/2/2024 22:09

I just couldn't bear being labelled a liar. I'm a massive critic of companies such as GWMO and VRS, which I consider to be nothing but cushy lifestyle vehicles for greedy Directors. But I like the think I know when a good trade is in the offing.

[kewben71] 04/2/2024 21:04

Fest. Thumbs up. You bought GWMO !!!
And sold it…
Hopefully a profit. Hope you get more!!!

[crossfirecssf] 04/2/2024 20:08

Fair enough, I was going to sell 11,000,000 and saw your figure and was no reason in particular liked the number, so sold the same amount. 22,715,999 between us. Caused less of a drop than I anticipated, so a little pessimistic for the morning… stayed pretty strong.

[festario] 04/2/2024 16:59

Sent it to Kew Ben, as he seems a decent sort.

[festario] 04/2/2024 15:26

Or I could easily put it on the Telegram page, but I'm not sure anyone there would welcome it, KewBen?

[graylyn1] 04/2/2024 14:23

removed figs were not correct.

NOW RE-POSTED.

Looking for 1 gram per ton net.

At 1 gram per ton x 5T per hour on an 8 hour day = 40T per day = 40grams or 1.286 troy ounces per day (1troy ounce = 31.1grams)

1.28ozs x 6 (assume 6-day week) = 7.68oz per week x $1850 = $14,200 per week x 40 weeks (as may be unable to process in severe weather ) = $568,000 per year = $284,000 to GWMO ( ie 50% )

I have rounded some figs and not added costs, as I am just looking at 1 gram per ton net which I think should be possible on 40T per DAY. I have used the figs below from GWMO RNS regarding grading, taking off 0.6 g per ton of gold, and not including the silver credit of 3g per ton to allow for costs, etc.

( “An Inferred Mineral Resource of approximately 31,000 tonnes grading 1.6 g/t Au and 3.0 g/t Ag for 1,600 troy ounces of Au metal and 3,000 ounces of Ag metal” )

Of course, this is guesswork at this stage, $284,000 on an annual basis would be almost enough to cover GWMO overheads. If they can get it to three times that amount ie: 120T per day it would then be sufficient to cover some exploration work as well. (Brian said we could go up to 60T per hour. which would be 480T per day) as they have a rock crusher capable of 60T hour. we would perhaps need another mill? for the extra volume.

I think production at start-up will be small-scale and lumpy as they smooth things out, so not expecting fireworks to start with.

Further down the line, they are going to add leaching. So lots to look forward to on the production side whilst we await a partner for our Monster Copper project.

"We are seeking a partner for establishing a significant copper porphyry"

We just need that permit now, which, (famous last words) is immanent. FXD

[festario] 04/2/2024 14:12

With ii they don't get emailed, they sit in the Transactions file.I have screenshot the transaction, and can post a link to that here.Although I'm not 100% sure how?

[crossfirecssf] 04/2/2024 13:52

Your trades are emailed to you, in a similar format to those that I posted. Child’s play to put up on here.

Kewben,…absolutely, with the possibility of production, however modest, and strong exploration results I’m staying for a bit for what could be a lucrative period. It’s about an 18th of a penny for god’s sake. Mind you, there are about about three trillion shares!

[festario] 04/2/2024 01:56

Not at all, we no longer have the list of trades to refer to, from the previous day.But my sell was all in one trade only, 10,858,000 at 0.67p It stated it beforehand, and it popped up precisely as I said it would.

[kewben71] 04/2/2024 00:35

Crossfire. Looks like you dunked ol’ Eeyore…

Fest, getting a bit get up? Telling porkies and getting caught?

Stick to saying the sky is falling.. suits you better …

Nice that your talking about holding Great Western again though…

[crossfirecssf] 03/2/2024 18:29

The first two trades are in the wrong order. 1. should be 2. and 2. should be 1., but you get the picture I'm sure.