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Aprogerson
Good explanation of a complex matter with cantor and spreadex shares linked, let the shorters burn in hell I say HA HA HA
I think you should mention a possible fund raise, if neither permit or JV news coming reasonably quickly. That is a potential downside, but lets be positive and fingers crossed for a very profitable future.
@Chisler If I am correct with my TR1 analysis of SpreadEx and Cantor back-to-back holding of 257m shares in GWMO each at end of Jan-24 then looking at WHEN these were acquired between Capital raising events with each holding 280m shares around 0.08p @17-Jan-23 and 327m shares 0.055p @26-Jul-23.
WHEN GWMO get its JV permit to process licence approved then GWMO SP WILL rerate for a number of reasons:
1) licence to process will allow JV to start operation and generate revenue for both JV via toll process fees and GWMO via gold/silver dore sales after processing fees
2) as SP moves through 0.055p past 0.08p then the SpreadEx CFDs and Short trades will be closed and 500m shares held by SpreadEx/Cantor will be returned to the market ... after 0.08p they will be very likely gone along with any overhang
3) sentiment & confidence in GWMO will improve rapidly and due to very low MCap any upward SP movement is likely to be very strong as the AIM "herd" arrives
Happy to wait for news flow in order of impact:
!) Approval of JV licence to operate & plant commissioning
2) GWMO announces tailings being moved to JV for processing
3) Huntoon valley copper news especially anything that increases current size of JORC at M2
ATB APR
Excellent analysis Apro , absaloutley excellent, all we need now is a permitt RNS, j/v RNS , then spreadex and cantour and any other shorter scumbag will have to dump all their shares at a loss, because they cant keep it down, in fact as we speake they are running out of shares.......squeeze...... ha .
its there own fault,
Thanks Apro.
chisler
@BidInvestor 100% agree as per my explanation just posted!
ATB APR
@GTMufo If you read the TR1 RNS s you will see that throughout last year both Spreadex and Cantor have been buying AND selling shares in lock-step.
Summary Capital Raises & TR1 notifications for SpreadEx and Cantor:
> 17-Jan-23 Capital raise @0.08p of 1B shares for £800k cash
> 24-Jan-23 both held 280m shares (Cantor TR1 RNS was late @12-Oct-23) ... ie BOUGHT 280m shares each
> 26-Jul-23 Capital raise @0.055p of 909m shares for £500k cash
> 8-Aug-23 both held 327m shares following 26-Jul-23 fundraise ... ie BOUGHT 47m shares each
> 12-Jan-24 both held 280m shares on 10-Jan-24... ie 47m shares SOLD each
> 31-Jan/1-Feb-24 both held 258m shares at 30-Jan-24 ... ie 22m shares SOLD each
IMHO this means:
1) SpreadEx and Cantor are 1:1 matched in number of shares and timing of buy/sells
2) SpreadEx's business is CFD & Spread betting so any position taken by its clients have to be backed-off so SpreadEx carries no risk for their client's trades ie the risk is taken by SpreadEx clients not SpreadEx
IMHO both SpreadEx and Cantor are NOT investors as SpreadEx is a CFD/Spread-betting company and Cantor is simply matching its shares (ie providing liquidity/risk management for SpreadEx trades) held to offset SpreadEx's clients trading positions. This also clearly implies that these trades were SHORT trades and the "selling" since actually reflects SpreadEx clients REDUCING short positions as GWMO news-flow improves.
So this ought to be seen as good news not the bad news you keep saying it is!
ATB APR
Cantor Fitzgerald and Spreadex are obviously working in tandem
The only explanation that makes sense to me is that cantor bought the shares for Spreadex to short
Anybody got a better explanation
Well, looks like another RNS clearly someone to explain to me as golden boy says he knows the reason why they’re selling Can someone explain to me please or I must be imagining it
Totally agree with you Viuz - and still a Mcap of only £3.7 million.
I can see Mcap of at least £10-15 million once that permit arrives ;-)
GL SR
I wish you would just bogger off to the moon in yer ufo….
Sp building up nicely don't miss this boat cheap as chips great assets low mcap permit pending production and possible farm out we also have no debt what's not to like here tuck some shares away for the future
https://twitter.com/Share_Talk/status/1752419828118294608
Remember that these samples are grab ones from the surface..at such high readings there is probably much more subcropping below the overburden. This is IMHO a major indicator for mineralisation on quite a large scale.
Great Western Chairman Brian Hall commented: "We are highly encouraged by the identification of bonanza-grade silver values in grab samples at West Huntoon, along with multiple gram gold results. The existence of discrete epithermal veins in this area is very encouraging and demonstrates that precious metals may well add significantly to the upside of the Huntoon Copper Project, while the recently signed Huntoon Mine Area Cooperation will facilitate our continuing exploration efforts.
"These further positive results highlight the strength of our portfolio, underpinning management's confidence in the future of this project and creating a positive environment for attracting industry partners to help move the copper story to the next stage."
GWMO is looking highly attractive from ROI perspective with only £3m MCap given recent results reported and developments across its portfolio of projects. Permits news due soon would Multi-bag this one. Cooperation Agreement signed recently also is huge positive in the right direction.
Fake
chisler
Again everything I have backed up is clearly on the RNS also the world events also effects us. Why don’t you try and use dyslexic software and see how an accurate as many times.. well, guess what I’m the same idiot that’s invested in this company so you must be one as well. Welcome abo the idiot train
we know your dyslexic but your also a melt, so the one time your software supposedly works perfect is when you use another account, is that what your saying. because its never worked for your gtm account, ever!! the way that's worded sound like it was ment to be from one or your accounts to another..
plus you have never answered the machinery in the photos, or backed up factual evidence of any of your spouting usual ******
Fake
chisler
You think happy my account hahaha 🤣 the accusations get worse and worse. Yes, sometimes the dyslexic software is perfect. But it’s hardly from it… so what happened to you showing me evidence…
@GTMufo looks like you didn't check which of your accounts you were sending your last comment from
... sending "Yes ufo they found 100 kg Silver nugget." in perfect English from your GTMufo account looks very odd don't you think?
What the hell u on abt
Gtm, looks very much like you were ment to send that via your other account to make your GTM one look good. Looks very suspicious
Yes ufo they found 100 kg Silver nugget. Their grades are absolutely amazing..
Thanks for that haddock.
chisler
"That would be the highest grade of silver ever found."
I hate to disappoint on that one, but there have been much higher finds elsewhere, just check out some of the bonanza silver grades from the small Elizabeth Hill mine in Australia... if I recall they had at least one drill result over 8,000g/t and another over 5,000g/t
Nevertheless 2,438g/t is still a great grade.