Great Western Mining Share Discussion Threads

[yorgi] 22/7/2020 08:04

Not expecting that RNS to set the share price on fire but I would happily be proven wrong.

[burtond1] 22/7/2020 07:52

Here, @mining_great executive chairman Brian Hall explains to @copytaster about the recent placing which will expedite the 2020 work programme......with positive news and results out today on the Olympic Gold Project is this the time for #GWMO to shine?https://total-market-solutions.com/2020/07/21/great-western-mining-july-2020/

[johncasey] 20/7/2020 22:58

think i'll buy more tomoro before the herd arrive

[tradedesk1] 20/7/2020 20:35

Hi all - the company in its presentation has sign posted early small scale gold production in Q4 from the heaps at Mineral Jackpot - these guys are in the region of £800k cash now v £2m mkt cap fully diluted - the small director buy today is a good signal of intent, there maybe more to come. The company should shortly deliver increased newsflow and pr to support early Gold production, they've not been great at this but if they do increase engagement then it will rerate, any revenue even very small scale is notable for a 2m mcap. ROCK, ECR etc are in the same basket of companies, early exploration and both have mkt caps in the region of £8m so theres no reason why this couldn't be in the short term to (would put it around 0.40) with Gold flying and a proactive approach. If they can show a demonstrable way of generating revenues from the heaps then it could surprise. This has not had a great track record and understandably so but i've taken a position in the 0.09s for a trade initially on the back of Gold sentiment but will monitor and see if the company can engage better.

[yorgi] 20/7/2020 17:59

Andrew Hay director buying 10m.

[yorgi] 20/7/2020 11:05

If you are interested in GWMO Daar then it is up to you to do your own research. If you can’t be bothered or are not or don’t think it is worth investing in then I’m quite sure there are plenty of other investment opportunities across AIM that may interest you.

[daar] 20/7/2020 10:59

Show us the investment case then

[yorgi] 20/7/2020 10:54

Grow up Daar.

[yorgi] 20/7/2020 10:06

Buyers this morning would appear to have looked at the investment case and not in the same way as those who were spooked by last weeks placing. Whether they are right or not remains to be seen but exploration is a high risk investment which may bring big rewards or a total loss.

At the present low market cap I believe it is worth the risk.

[yorgi] 20/7/2020 09:16

Any exploration company has to raise funds and placings will always increase the number of shares in issue that is obvious but if the directors are prepared to invest that shows they have confidence. Whether that turns out well is the risk but at least directors are in it along with shareholders. In my opinion overreaction to the last placing.

[yorgi] 20/7/2020 09:12

At this low market cap if they are successful in their present exploration then there is considerable scope for upside.

[yorgi] 20/7/2020 09:11

Directors have shown their confidence by investing so we will see what they do find.

[burtond1] 20/7/2020 09:03

Here, with the world tentatively emerging from the pandemic, we cover a variety of small-cap gold, silver, platinum, vanadium and copper miners worthy of further investigation....Five companies that present opportunities are #CHF #GWMO #GUN #JAN #PALMhttps://total-market-solutions.com/2020/07/20/small-mining-cap-roundup/

[robertjbeck] 17/7/2020 12:51

Appears that some who took the placing are having to flip at a loss. Afraid it looks like this has become a lifestyle co with no tangible results or evidence of value. I dont often agree with TW but his last bearcast summed this up rather well.

[festario] 16/7/2020 14:22

How many years is it now since the scoping study which asserted that there was a mining operation viable for 30 plus years at M4?A year later that was withdrawn, no explanation... but dilution after dilution has left this company at a similar value to our corner off license, it's for sale at £1.1m

[festario] 16/7/2020 14:21

Dreamy, I'm afraid that this company has run its course.I believed in it at one time, it's pretty much established that it's a sham now.