Member Info for asjwebley

Morning all - I think that absence of riseagains answer to my question tells us a lot - I have never really believed that paid derampers exist and also have never been able to understand people with no interest in a stock spending considerable time posting on these boards but something does not add up! Just be careful with what you read (from everyone) and make your own decisions based on the facts. I added another 1m shares yesterday and will look to add again today with the expected imminent M2 ST assays so close. Good luck.

I think thats just a difference in our use of okay!

Before I explain can you share if you hold a long or short position or if you are considering ever holding a position as there has been a lot of speculation about your posts and I am interested to know? I have been very open with everyone so perhaps in this spirit you can do the same?

When I say okay I mean good but not out of this world! So if you refer back to David Frasers range of figures I am suggesting for me if the assays indicate the bottom range the inground valuation would be $105,000,000 for this single target. So I am not looking at the top end which would be telephone numbers. I wrote a blog post on my website discussing this in more detail: https://www.smartercapital.co.uk/blog/stock-watch-great-western-mining-gwmo/

I just posted this on ADVFN and thought I should also share it here.

Evening all. I see August as being a good month for GWMO which is probably the toughest month for many stocks. Its just a waiting game to see the initial M2 ST assays which we have been told will be anyday now. My guess is tomorrow or next week and you cannot understate the importance of these assays as it will show if the expected source of the M2 mineralisation is as good as we have all hoped. In simple terms assuming that they are just okay this will do a potential mulitple within a day or so. For the longer term investors like me it will also reassure us about the next few years as there is plenty of different drills, other targets to explore and if they can start linking it all up and attracting a JV or similar then it will do amazing well. Lets see what this next RNS tells us.

Agree its holding up well. I would have expected a little more interest but I think its a stock that many still do not understand in terms of the potential and what these initial M2 ST assays mean. I dont agree that they are late though as we have been told they will have them around the end of July / imminently and if they get them out tomorrow or even next week that timescale is true. When they have them they will need to review them and format for a RNS so we have to give them a few days for that. The wait continues but we did get an intraday last week so tomorrow is not out of the question at all! Good luck all.

M0neyMan - that's my view - 100% - if you were interested in more land only an absolute idiot would buy it after initial assays were released. I think DF is actually pretty smart and very focused on turning GWMO into a much more valuable company for us all.

Morning all,

It is very difficult to guess what will happen in the future - short or long term - but my view is that this next RNS, whenever it lands, will offer some real direction for the company over the coming months.

It's a simple case of if the assays from M2 ST are poor then the share price will take a bit of a hit but I won't be selling as there are lots of other things to look forward to. However if they can show some encouraging assays the share price will increase and build from there as again there are lots of other things here to look forward to. We know that they have found something that they are encouraged or excited about we just don't know what that is and what has happened in terms of drilling over the last month or so.

I expect the RNS to land this week or next as the company has told us that they were getting the results around the end of July and then in the land RNS last week they also described it as imminent.

Add on the recent director buying, the increased land and the tone of the RNSs and I think it is likely that the share price will be much higher in a few weeks but until the RNS lands there is speculation by us all.

In terms of where the price will be that is anyone's guess but based on previous movements of GWMO I see 2 or 3 pence being broken on good assays. Over the next few months I have no idea but you can see many examples of smaller companies where the fundamentals change significantly gaining by hundreds of %.

Kindest, Andrew

Of course I don't know - I am basing it on:

1) directors buying a significant amount of shares based on their earnings
2) the info about being excited and the geological team being excited in the last few RNSs
3) Fridays RNS where they secured more land

I can't see why one of these is not a good sign - but 3?

Good luck if you hold and let's see what they say. I can't see it being anything but quite promising news and what they are drilling is basically the source of the resource in the area so in theory the grades should be far superior to what we have seen before.

All this is just my views looking at what is in the public domain.

Afternoon all - I agree with a lot of what's been said here today - a little reminder though:

1) The grades in the past have been fine considering which holes they are from
2) Also the MC is still very low - I hold other shares that are a multiple with no more potential just more followers
3) the M2 ST assays which we will get any day (maybe this week or next) will be a game changer for the company if they are good and the company has already announced that they have something that they are excited about along with the director deals and increased land

So it's still clearly a risk, as with all shares, but I am considering adding tomorrow as a short term position alongside my long term holding if we don't get the RNS first. Will decide overnight and I don't do much short term trading but given the facts I think it maybe easy money.

Andrew

Thanks everyone. I am looking forward to the next RNS - whenever that may be! Investing in a micro cap explorer is never easy but I have a great feeling based on the RNSs they have announced that these M2 ST assays are going to be a game changer for GWMO. There is lots of potential and if they announce some solid assays it will be enough to take the company to its next stage (and with it the share price!). Good luck everyone.

“Sale” not “same”!!

Very fair comments n and chee - I agree - investors have certainly been able to buy as much stock as they wish over the last few weeks - and I suspect the same is coming to an end shortly! I also believe that most investors dont have this on their radar but on news, with a much higher price, they will be desperate to get involved. Andrew

Good afternoon all.

Its been a few weeks and I have been away but obviously keeping an eye on things. I am pretty relaxed but as keen as the rest of you to find out what the initial M2 ST assays say. A few thoughts:

1) the director buys a month or so were very encouraging; there is no way they would have put cash in if they did not think the outlook was good
2) last weeks land deal was encouraging too. Much better to secure prior to drilling results becoming public. I have never seen a GWMO RNS which was that upbeat. Either someone spiked Davids coffee or hes very excited!
3) nice to see the company mentioned in the daily mail on Saturday; I am sure they will give it more coverage after a good RNS or two
4) we have been told M2 ST assays are imminent so I expect the, this week or next
5) we are still waiting to find out more about M2 (JORC I hope) and M4 so there are multiple targets not just M2 ST
6) remember M2 ST is diamond core drilling which needs water in a very remote location going through very hard rock - thats why it takes time - also the company has been waiting for over 5 years to get to this point
7) finally they have discovered something they are excited about already in M2 ST its just if they can also hit the second geological formation in that first hole; so we have something and just need the initial assays to find out what it contains and then in time the other holes to find out the size

So I am relaxed and waiting for the next and then subsequent RNSs to find out if we can then move well past this level. I am expecting over 3 pence after the next RNS or two which is only a £20m MC if the results are just okay. I am sure there will be some selling pressure to also deal with but all being well this is going to massively change the companies prospects.

Good luck, Andrew

I have been looking at starting a position here over the last few months & the placing just announced gave me this opportunity - happy to now hold this share and expect it to be similar to my GWMO holding in many ways. Appreciate that many do not like placings but the discount is reasonable compared to many and gives larger investors a chance to secure a larger chunk than they could buy on the market. I wrote a blog post on placings for those less familiar with them this week: https://www.smartercapital.co.uk/blog/aim-placings-explained/

I am going to have a little break from the GWMO bulletin boards but wish you all the very best.

Lots of accusations flying around and there are also lots of other stocks getting a hammering - remember that different people have different views and it will not always be obvious what that is.

My view is that the company has a very good future which will be reflected in the share price in the very short term. Obviously the key here is what comes out over the next month or two via RNS in terms of the drilling and assays but as someone who holds around 10% of the total equity I am not in the slightest bit concerned. I don't think that I will add though even though I have added above the current price as I have enough in this share already!

As you all know I was pretty annoyed about the placing in terms of the price and where the stock went but the only fact here is that we do not know where the stock has gone - we can only guess.

Be careful with what you read and also get told and make your own decisions. I certainly will keep an eye on the boards and twitter as I have always found it a great source of information to see what the thoughts of different private investors are. There are many more people who read this boards than engage with these boards.

Kindest, Andrew

Morning - the dual listing is irrelevant here - most websites like this one only display trades that go via the London Stock Exchange. Brokers use this exchange and also NEX to trade so you probably miss on average 30% of the trades that go through if you don't use Level 2 where you can see trades from both exchanges. Hope that helps.

How strange (that's me being sarcastic as the MMs monitor the quotes for these smaller stocks).

Just as I put a dummy sell for 500,000 shares where I was offered 1.32 a real trade flashed up for 520,000 shares. More importantly the price did not change so there you have it.

This level won't last for long.

Just an observation for you - the MMs will buy 500,000 shares based on a dummy sell at 1.32 pence so I think this level won't last for long.

We debated the placing at great lengths last week but as time goes on I am much less convinced that the stock went to a MM. If it did not and it went to a quality institution we should find out who that as around the end of the month once the new shares are issued too. One broker (which did the placing) assured me that the placing stock would not end up on the market and another (who I respect and have worked with for 6 months) was pretty sure it went to a MM. I don't think the shares went to a MM based on what has unfolded over the last week.

We need news and I am optimistic that we will get news any day (I am expecting 2 different things) before the late July / early August that they have already told us for the initial ST assays. So with the right RNS landing next this is looking very good.

Thanks for the reply - good to know - I think that's the only way to do well with AIM from my experience. I may well be joining you there over the next few weeks / months as it is another one I have been looking into. Kindest, Andrew

Welcome aboard fatbanker - I think that you will do very well with your purchase. Do you mind me asking if you view this as a short term opportunity (which it clearly is at the current price) or are you interested in holding longer term? Obviously this is a publicly listed share and different people do what is right for them but if you are happy to share it would be interesting to know your view. For me its longer term. Kindest, Andrew

I agree Quazar and GodWilling. I emailed the company yesterday as follows just so that they know what we are all concerned about. I do think that they will RNS as soon as they can once the current M2 ST drill gets past the current level as that, in addition to what comes back on the assay due around the end of the month, will be mega for the share price.

My email:

I thought your share purchase and conversion of options was positive last week. Shows people like me who have invested a lot of money into the company that you are happy to do the same.

I do think that we need to get an update on M2 though as it is something like 10 weeks since that was completed according to the RNS dated 24th April. I am aware that you updated us on 23rd May on the first 4 holes but surely it must be possible to put an update out about the other holes or if you are planning to get a JORC to tell us that too?

As you know I was pretty unhappy last week but I think some clarification on the M4 update in the RNS from 3rd July would also be welcome as I have no idea what the update meant. I can’t be alone in not understanding a single word of it.