Member Info for bristol_jules

Don't panic. So long as you held the shares before they went XC today, you'll soon be getting 4 times more to up your holding to pretty much what it was before.

@wyt3fr0g "What's my opinion of the current SP"?

Well, it's disappointing of course, what I think is the main misunderstanding here is that this is a long-term business and a lot of people seem to be expecting to make instant profits here (isn't it ever so?) There seems to be a general misunderstanding of the nature of this business - it is a *long term* investment and as the Company continues to finance it's ongoing operations, a falling market cap is just an inevitable. Don't forget that the gold tailings milling operation is icing on the cake if it pays off but at its heart, GWMO is a mining explorer - and that is and always was the end goal. So I just don't exercise myself about how profitable leeching a bit of gold out of tailings piles will ever be. Worth doing yes, but the major play? No ...

What I have done over the years is satisfied myself (yes, including that visit to Mina, NV to see the mill and the Company and meet the people and understand the locale they operate in - and that was by no means my primary reason for being in NV!) that GWMO is a sound and capable operation with the right approach, good people, good resources and the right equipment. The JV makes the whole thing practical / possible. So I've no concerns there, despite the falling SP - that is inevitable until some good news appears - which it will - but I'll not predict when - I might mean years, not months btw! This is no *get rich quick* business, but rather a *get very rich occasionally* business. Some you win, some you lose ... but nobody should be reliant on GWMO paying off and nobody should be expecting any fast returns. When and if they do come, they could be spectacular and that is the nature of this business. What I am satisfied is that GWMO has as good, if not better, chance than any in this activity and that it is a kosher operation.

People must do their own research and make their own decisions in line with their goals of course, but to answer your actual question, the more the SP falls, the more GWMO becomes an absolute bargain, so if you haven't yet got any, get some in! But nothing more than you could afford to lose and do not expect any return to come quickly!! The current SP is ludicrously low so if you fancy a little gamble, GWMO is currently an absolute steal. Just don't bet your house (or even your garden shed!) on it.

My engagement with this board has become far more of use and pleasure since I filtered Goingtothemoon out. I strongly suggest any other serious user does too - it's very easy - just use the Filter tab next to this Chat tab and put Goingtothemoon in there and you will never have to waste your time reading any more of his inane and incomprehensible rants.

Unfortunately, a few other of the contributors to this board are shortly to go the same way. Oh and yes, I have been to Mina, NV!

@MattK6 - 30 days (4 weeks). 5 and a half weeks?! What damn difference does that make? You are nitpicking over very minor periods of time. If you expected this operation / kit / company to start producing within weeks (or it sounds like even days in your case) of it being switched on, let alone start producing any revenue / profit, then I am afraid you have an investment in COMPLETELY the wrong business!

I'd sell out before you have any more panic attacks!

There is also a very good answer to your transport question, but I'm not going to bother you with it as I doubt very much that you would get it.

Good grief It's only been 30 days since the licence was issued!! And there could be NO operation or processing until the licence was in place.

This is NOT the sort of kit or operation you can just switch on and it all starts working. Have some patience please!!

Just introduce myself. Bought into JWNG for first time this week (in a small way). Hoping to be a long term holder.

Unlikely. I've been to Mina myself, met the people and seen the whole set up, including the same with our partners Western Milling (who are just over the road). They're a very decent bunch of people, very knowledgeable and professional - and very far removed from the types that inhabit AIM!

I just filtered moonpie out several days ago. Since then, this chatboard has been far more pleasant and far less irritating.

I'd seriously suggest everybody in here does it - if you don't spot how to, see the Filter tab immediately right of the Share Chat tab above. Just put his handle in there and hey presto, no more moonpig!

Still have to tolerate other peoples' replies to his vacuous ranting though!

Aye. Looks like the dumping has finished ;o)

That's it. Effective 7/31. Grand news!

@InspireMe: "Loaded traffic must hit civilisation somewhere?"

You've obviously never visited Mineral County!! ;o)

I doubt very much if there will be any objections. There's hardly anybody in Mina to object!

I doubt very, very much if any opposition is going to arise from the public consultation. Several reasons: as you say it is an extremely remote area, none of the very few people who live there are at all likely to protest as they will welcome the new activity and there's the local politics, who are on side.

Apart from which, GWM has taken a *lot* of care to get this gravity mill and planned operations *exactly* right (without spending an absolute fortune). The biggest issues are likely to be finding sufficient people to operate it and do all the other work required on an ongoing basis, contractors / supplies etc and a decent power supply! Water we have - and trust me, that is no mean feat in rural Nevada!

Yep. Settled down very nicely now ...

To refer to a certain character, it must still be summer (it'll be winter soon though!) ;o)

Hate to say it, but "told you so!" ;o) ;o) ;o)

Does anybody else think Goingtomoonufo might actually be a bot? So repetitive, pointless and predictable. I wish its owner would just switch it off. Just exactly what is it trying to achieve though?

Please, just report its more banal, senseless posts, like I do .... ;o)

Quite a long time in a very large and remote area, with relatively few Government inspectors to cover it all. Also where environmental controls are just as, if not more severe as they are here and where water resources are rare, limited and therefore highly valued and highly protected.

Nevada is a mining friendly jurisdiction of course - they know *ALL* about it - and that's why you can't just turn up and start digging and pumping! Many have fallen severely foul of that caution and care in the past and it has led to shutdowns and horrible losses and lawsuits. GWMO will NOT fall foul of that as the team on the ground know exactly what they are doing and where they are operating.

The remoteness of the location and the scale of the countryside - and hence the lack of people and resources locally - needs to be appreciated. Plus a big old queue of many small projects waiting on approval and a small number of govt. inspectors to cover them all. I can't stress that Mina and the whole area is extremely remote. We have nothing like that scale of enormity and therefore scarcity in the UK. Nothing like it at all ....

"no sane investor would take any information supplied here seriously" - That does lead me to ask exactly why and/or what you come here for at all then? @TheBasher

Yes the lab is fully built and functional. I've been in it ;o) Very impressive facilities too.

One of the problems of the area being so remote is that it is difficult to find staff and contractors there and to get supplies delivered and works done. Let alone government inspectors or electricity.

GWMO and the partner company however are not ones for needlessly wasting money on brand new kit, especially when perfectly serviceable second hand items are available locally.

- Jules