Great Western Mining Share Discussion Threads

[deltalo] 30/12/2020 11:50

I agree, we should see another rise going into next week as news is due then. Could be an interesting afternoon if the volume picks up.

[brut winky] 30/12/2020 11:27

No pullback after a rise on volume indicates another big day coming.

[fund1] 30/12/2020 10:35

Of course charts are no good once news breaks.

[fund1] 30/12/2020 10:32

Zak Mirs did a new chart on it yesterday. He said 0.45 short term target

[graylyn1] 30/12/2020 09:17

Expected pullback after yesterday, that was awesome volume yesterday you don't get that sort of volume on hot air!

[fund1] 30/12/2020 08:35

Good start again

[fund1] 29/12/2020 23:41

I would shiz my pants if they hit 2.5p next year at some point with the amount I hold. But never say never definitely possible

[johncasey] 29/12/2020 22:03

id be happy with that £18k profit for me

[johncasey] 29/12/2020 22:02

could hit 2.5p...did it before

[brut winky] 29/12/2020 21:29

6x average volume is a large trading day, with the results of the pour due someone fancies a rerate and it's highly likely they currently know more than any of us and bought an amount that they will find to shift if the results and outlook is bad.

[graylyn1] 29/12/2020 16:05

will 0.24 go? they seem to have a lot of shares from somewhere.

[fund1] 29/12/2020 16:04

I agree it feels different this time I do expect 1p sometime during 2021 not sure when though but would love to see a 10x

[fund1] 29/12/2020 16:03

No one can deny that the volume is way above normal. So something going on

[deltalo] 29/12/2020 16:01

Bulk material from the site is being processed through a gravity separation circuit and the pouring of first precious metal is on track to be achieved before year end-- Pilot magnetometer survey completed over the northern part of the MJ area has highlighted existing known structures together with potential new linking structures and extensions to the south-eastGravity Separation Processing for precious metalsMaterial collected from spoil heaps in the Mineral Jackpot Project area has been successfully transported to a temporary gravity processing facility and the first parcel has now been passed through a primary jaw crusher. It is currently awaiting pulverisation through a hammer mill before entering the gravity separation circuit. Subject to any last minute unforeseen delays, the Company expects first concentrate to be recovered from the circuit within the next few days and smelting of the material within the next two weeks.

[fund1] 29/12/2020 16:00

Watch the recent interview a small gold pour before the end of the year

[festario] 29/12/2020 15:53

That's ludicrous, this is still a scam of a company, with gazillions of shares in issue, moving from zone to zone, finding sod all.

[festario] 29/12/2020 15:53

What gold pour?

[graylyn1] 29/12/2020 15:50

and eventually, do something with the copper.

[brut winky] 29/12/2020 15:48

I'm looking at the spoil being used to pay the boards wages and keep the company as a going concern, while the cash that has been raised is used for exploration, with hopefully a financing deal being worked on to develop Jackpot and Olympic so they can be actual gold miners not just an exploration company, burning cash.

[deltalo] 29/12/2020 15:44

Jaspoland, as you probably know this then that is the beginning and at the stage of producing, and for the many lth like yourself has long waited for. Good for you to have held on and your wait should soon be rewarded.

[graylyn1] 29/12/2020 15:43

yes, this gold pour it simply to prove it can be done ie: extracting gold and silver from the spoil heaps. The recovery rate may only be around 50% as this is simply crush it and remove the big bits, then the remainder could be sorted at a later date using leaching I think.

[jaspoland] 29/12/2020 15:31

Deltalo, I'm a long term investor here and have taken advantage of previous weakness in price. Whilst I think 2021 could be a great year for GWMO I'm interested to know your thoughts on what you constitute as " a good pour"?

I think a few might be getting ahead of the game

[deltalo] 29/12/2020 15:22

Leak is the overflow of gold I'd say, It's a very exciting time to be in here now. Seen many gold companies do 10x this with little reserves, and we are sitting on a huge amount and it's about to be smelted commercially.Let's just see how the first gold pour goes, but I'm very optimistic about the outcome.Gla.