Great Western Mining Share Discussion Threads

[domple] 13/1/2021 13:04

perhaps there are still some placing shares left...cant be many now.

[domple] 13/1/2021 11:11

Thanks. Comms is useful as it helps spread the word to potential new investors. BH has done pretty well with his comms but the more of us that spread the news, the better.

Dont worry about the copper, we all know it's a potentially huge resource, put on hold for the moment.

[vauch] 13/1/2021 11:06

If you like tweet.
It is as near as I can work out with current prices.
The wording Gold Equivalent may be taking the silver into the equation.
But no figures for the copper I will have to trawl back over old RNS releases.

[deltalo] 13/1/2021 10:51

Sellers get replaced with buyer's, it'll take off at anytime and those shares will be in high demand. I'm buying as much as possible.We know it's coming it's just a matter of when,

[domple] 13/1/2021 10:48

Can I tweet your figures V?

[domple] 13/1/2021 10:48

If that's the gold, what about the silver and copper!

[domple] 13/1/2021 10:47

And we have a market cap of just £8m with £2m in the bank....hmmm

[vauch] 13/1/2021 10:44

target of 500,000-1.5million gold equivalent
So if we take mid point 1 mll
1 Million ounces is about 28349.00 kilos
That is a lot of bars.
1 kilo will cost about £45k
X by 28349.00
= £1'275'705'000.00

[domple] 13/1/2021 09:01

Get the feeling that we are getting ready for next leg up.

Report on Twitter from BAGGER that chart is also looking extremely bullish.

[domple] 13/1/2021 08:52

As for the pour, it doesn't matter if the grades from these tailings aren't great. It's the proof of concept which is a big tick. If the grades are good then all the better.

Copper may well become significant in the next year or two with rising prices as becomes more economical to mine - same with gold and silver.

Some analysts predict gold prices into $4,000-$5,000 per oz range within 5 years. That would make it extremely profitable for GWMO, especially if copper rises proportionately.

nice find Graylyn1.

[graylyn1] 12/1/2021 22:59

Peter Schiff
@PeterSchiff
·
2h
Copper prices are up 2% today, hitting a new 5-year high above $3.63 per pound. The record high is $4.54 set in 2011. I think the record will be broken this year. It's not record economic growth, but record money printing that's driving the rise. Hold on to your pre-1982 pennies.

Don't dismiss our copper asset, we may get some interest if prices keep rising

[deltalo] 12/1/2021 22:28

I find this part of the article a bit confusing........."Great Western has taken a step towards early output and cashflow with a modest gold and silver pour from test production from the spoil heaps".So does this mean the gold and silver dore bar is a good amount from only 4 tonnes of material, as there's no mention in the rns of a modest pour. If this is the case then are update shortly will be very positive indeed. Any thoughts on this anyone.

[fund1] 12/1/2021 20:43

Probably the reason the price was dropped. Those on the sidelines The time is getting short to get your positions boxed off or risk getting left behind

[deltalo] 12/1/2021 20:16

Two buys showed after hours, from 4:15 and 4:17, 26.5 k . Just a taste of what's to come and so many small sells will be taken up by much bigger buyer's.

[fund1] 12/1/2021 19:22

Soon the chance of buying amounts like 5m or above will become very difficult without going to the phone dealing. So nows the time to accumulate

[deltalo] 12/1/2021 16:30

Someones buying up stock in the background, may show after trading may not, share price jumped up on very little buys.

[fund1] 12/1/2021 16:15

Nice reversal the shakes are getting smaller and dips being bought into

[vauch] 12/1/2021 13:59

Was the tip in todays paper or just the online version last night.

[graylyn1] 12/1/2021 13:54

quite often when you see newspaper share tips it is the day after when the serious buying starts, this has no real reason to fall other than mm looking for stock. The next few days and weeks could reveal the news we are waiting for regarding the samples being assayed, now that could cause a decent re-rate imho.

[domple] 12/1/2021 13:49

If you look at this board, the posts have increased as have the contributors. There are many more who look at the board but dont comment. The same on other boards. So, while we dont yet have the explosion in the sp, the fuse has been lit....

[kewben71] 12/1/2021 13:35

Today’s response is disappointing...

Certainly understand the thoughts on steady increase and back testing.. nonetheless he story has not excited a spark of enthusiasm across the broader investors.

Volume continues to be strong though so perhaps still churning out placing shares?
Who knows???

I like the new new strategy and also the comms approach... I like that the Macao is so low and there are short medium and long term objectives which the company can be assessed on

I hold just over 0.5% of the company and can happily say I am currently in profit.... I say this to declare my interest and confirm I am a strong advocate of the company
Regards Kew

[aimbagger] 12/1/2021 12:46

The share price is retesting the breakout area at .25p, perfectly healthy, should bounce strongly from here over the coming days.

[professor_glennglad] 12/1/2021 12:25

I can see these being a whole shiny penny each by the end of Q1 this year

[graylyn1] 12/1/2021 12:18

Yes, the volume is keeping healthy.