Member Info for aprogerson

@bladderman when was the large 0.39p buy today ... I'm guessing opening auction at 08:00 or so ?

No TR1 after yesterdays enormous buys is very strange indeed. We will have a much clearer idea over the next 24-36 hours I guess and confirmation as to whether it is one or more parties.

Ha Ha Ha the MMs are back again for more! End of day close will confirm one way or t'other.

Confirmed Price now solidly above support on 1-hour chart after completing bottoming pattern as discussed.

Let the consolidation above what is now support @0.275p commence!
GLA ... onward and upward

Looks like the bottom is in at 0.26p as it hit rising trend line and is returning to support at 0.275p. MMs will be happy and weak holders and/or those flushed out since yesterdays +54% spike up will be less so. All IMHO as always

Stop-losses now being cleared out by MMs

Price has now arrived at 0.275p resistance / support as suggested. Hopefully this support now holds and consolidation can continue before we move on up again!

IMHO if you are looking to top-up this may be as good as it gets

Lo & behold here we go!

This morning pennant formation being challenged and if breaks below current 0.285p expect 0.275p support to be retested.
IMHO this needs to happen before we can move on so I'd rather we get it out of the way!
MMs will doubtless clear out the stop-losses sat just below 0.275p and then move on up to fill orders with cheap shares wash & repeat ... this is AIM and that is what happens every single day.

GWMO is a Junior Gold / Silver explorer with numerous highly prospective licences in Nevada, USA.
> H1 Results to end Jun-20 @29-Sept-20 = http://www.greatwesternmining.com/home
> GWMO Presentation @7-Sept-20 = http://www.greatwesternmining.com/file-manager/presentations/september-corporate-presentation-070920-2121.pdf
Key Points
> Strong cash position and fully funded 2020 programme over 60km2 licences
> Near term revenue from Mineral Jackpot high grade spoil heaps & confirmed permit to extract up to 900t for heap leach. GWMO target end 2020 Gold production
> Assay returns to date indicate potential for high levels of gold & silver mineralisation at multiple sites
> Exploration & sampling extending existing prospective areas within 100% owned licence areas
Near-Term too Come?
> Olympic Re-evaluation of historic tailings deposit of ~41 kt @ 1.67 g/t Au. This implies 2,170oz gold at 90% recovery or £3m+ at £1,450/oz
> Olympic magnetometer survey results to confirm hypothesized OMCO high-grade mine extension
> Confirmation of grades & full permitting at Mineral Jackpot spoil heaps to extract remaining tailings

Massive Price momentum and very strong rebound off 0.275p support as large Buys come in.

I was considering trading half my holding myself this morning knowing the 0.275p price point, but after yesterday +54% bounce I bottled as risk of being caught out far too high for my risk tolerance. If you are going to trade set your buy / sell limits and let your platform do the work for you as shares seem fairly liquid for such a small MCap company. IMHO

Yesterdays resistance and todays support is 0.275p from Feb-20 top. It has already revisited this morning and bounced back in first 30 minutes of trading. Nice strategy if you can pull it off but boy-oh-boy do you need to be quick. It may (or may not) revisit again today.
GLA

Unsurprisingly after such a large 361m volume & SP rise yesterday to 0.36p the Price is back to Feb-20 support of 0.275p where I expect it to consolidate as some LTH holders exit and new investors (like yesterday) come onboard.
GWMO is now repeating what it did 14-Sept-20 @0.185p where it consolidated for 9 days before recent move up.
All very healthy and necessary IMHO.

BoD changed direction back in Nov-19 with full recapitalisation, shelved the Copper play for JV or buyout and moved to focus fully on Gold / silver plays buying into a number of prospective licences in Nevada on the basis that the best place to find a decent mine was where you found stuff before. Sounds crappy until you realise the historic mines were mines with OLD tech so todays tech can undercover stuff they could not find. Even the old spoil heaps have better grades than a lot of todays modern mines and someone has done the digging for you.
Read some of my recent research on recent cash & warrant position since 15-Sept-20 when I first invested here.
GWMO has a fully funded 2020 works programme and up until recent rise around 20-25% of its MCap as cash ... works programme I reckon is 1-2 months behind due to Covid delays but they may have caught up by now
Check their website on all the projects the details are actually very good.

@Barnet Jun-2017 2.7p in fact but this was when GMWO was all about Cu ... a Jorc compliant Cu asset now awaiting a buyer or a JV. Effectively market has written down the value of that asset to £4m or so as everything since is driven by New strategy from Nov-2019 focused on Gold / silver projects of which we have plenty. http://www.greatwesternmining.com/home

@BM You might be lucky and it revisits prior resistance at 0.275p this week, but who knows as this is AIM?

My bad Sunrise not Sunshine Resources! I will lie down now I promise

@freshwest Interesting you mention Sunshine ... can you point me at anything that may point to a likely JV now or in future and/or decent map showing proximity and/or why a JV might work?

I've just done a preliminary check on Sunshine and ownership is:
18.2% Gunsynd Plc (GUN) ... AIM listed investment vehicle (yes I am invested here too!!)
15% Mala****e Resoucres (MAR) ... ASX listed miner 15% Earn-In on Soloman Islands licence by upgrading to JORC resources