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It is only 3 years ago that GGP shares were worth what these shares are today. I only have 2416000 of these shares at the moment but will no doubt add more as more good news comes in. I have seven years until i reach 55 and hopefully early retirement. Fingers crossed GWMO makes us all millionaires.
It's not impossible but Ggp is a once in a lifetime company. The good news here is that an explorer company is about to (probably)( DYOR) open up an income stream and become a producer. That is rare. Very rare and augers well for less reliance on the standard funding methodology of an explorer. Lots of interest here and we're holding up better than most today. Cant wait!
tom missed the boat.... he will still be questioning it as we hit 5p.....dyor....dyor.
gla
When i was in. Ggp. Few years ago the price was at 0.07. Nobody told me about that much gold and Landed one of the largest gold. People were trolling. But looking good here too
Or prospecting- lol
tOm re GGP - Finds - yes so they didn’t know it was there till they found it..
What’s to say GWMO don’t find a few nice veins in the areas they now have control and access to ? Imagine a similar amount?
Just - speculating :)
GL
I understand the comparison to ggp but ggp have landed on one of the largest gold funds in Australia.
£838m Current. G. G. P. M/. C
If we keep hitting the 10% a day then Friday we should hit the .28 mark. Looking strong at the moment, it doesn't want to drop and any selling is soon snapped up.
Well done to all the long term holders. I invested here last week after doing some extensive research. I think the future looks bright here.
Its hard to say, a coupla years ago this was 2p plus. I initially got in at 1.7p
I can see this closer to the 1p figure by the end fo the year and close to the prices of 2017 next year, but who knows. This is AIM and crazy rises can happen. GGP has gone from under around 1.8 to 24p in a 9 months. This could easily follow suit
GWMO is a very early door explorer but as they always say the best place to find a new Gold mine is next door to an existing one! Just bought in this morning after a very modest GGP top-slice as at £4m MCap it would be rude not to.
So is it another GGP and an implied 200x MCap growth from here to match them? Who knows, but I will now tuck my new GWMO shares away and see what happens.
What sort of time frame you looking at, to get that valuation tho? Alot of this figures going to depend on next news results, over the different target areas, this will certainly go up but I don't think it will be this year that valuation, not until drilling starts at the earliest tho.
( I want this as much as others, just trying to get an idea of approx figures over how long) I may be a lth but still a newbie, apart from few little companies when first started, other than that its been just this company)
Agree, however I can see this having a market cap of 100m plus; SP being 5p plus...
It's not just the gold. We also have more than a few scoops of copper to add into the equation, which is not being ignored by our BOD.
It's understandable given the new direction of the company that gold is the headline news drawing investors in, but let's remember the copper. We have more than a few thousand ounces of that to add in to the potential as well.
It is an interesting share to be involved with at the moment, with life changing potential for some on here reading their posts.
GLA, and let's see where the journey takes us.
Don't think it will be anywhere as successful as GGP.....(will be over the moon to be proven wrong....)HOWEVER, with the potential,and decent further drilling results a decent rise from this level is not too much to expect....still hold a punt here which I managed to average down to 0.40p so I certainly expecting to more than just get my investment back in the near enough term.....been here longer than I was planing so as soon I can get my money back I will take it off the table and let the rest ride for free....but first thing first,hopefully some positive news on the way to support the recent positive momentum...
GLA.
tomorrow action ........
wow just saw the big buy .....did not show earlier ....9,875,133 buy
I've worked out 10mil mcap should sit us around 0.65-0.75. Happy for the uplift to 0.50 then the next target of 0.75.
Be great to have a positive RNS in Sept. The forum is a hive today. Good to see
GLA
This is headed for a nice round 0.50 for starters in coming days / weeks in my view.
Do not forget, rising from a very low MCAP. Even at 0.50 MCAP would only be around £10m which is equivalent to only 5000 ounces of Gold.
Company guidance is 500,000 to 1.5 Million oz Gold.
Some good volume today getting noticed more and more promising week ahead by the looks of it , I really wouldn’t be surprised to see a rapid increase at very short notice this week !
impo....very very similar from where im looking....not selling this one.
gla