Member Info for craig140583

You may also of had some selling in advance of today from those 'in the know'.

Yes this bit. I think if I read this right though the much larger potential dilution would be at 0.20, so double today's price so everyone from this level would be well in the money. The smaller, albeit still reasonable warrants are at 0.10. Broker gravy train that is AIM. They get paid and cheap shares!

In addition, the Company is granting 225,000,000 warrants based on a ratio of one warrant for every two Placing shares ("Placing Warrants") together with a further 27,000,000 warrants to be granted to Novum Securities Limited acting as broker ("Broker Warrants"). Each Placing Warrant carries the right to subscribe for one new share at a price of 0.20 pence per share for two years. Each Broker Warrant carries the right to subscribe for one new share at a price of 0.10 pence per share for two years.

Yes, and this "much MORE work on its gold and silver prospects". I think that's the key. I wonder if the guys in the US were pushing with the delays after Covid to ramp things up pre-winter. I don't think large shareholders like Webley were consulted on the placing as he seemed surprised too but he has acquired more just above placing price. Now they have the cash confirmed I'm expecting more updates and more activity in the coming weeks and months.

Will be interesting to see where Gold ends today. There will probably be a correction at some point, and then a soar to $2000 and maybe more. Now this placing is confirmed they will be pushing on more quickly IMO. Was a bit of a surprise but to be honest it's at the same price as the last one so not too horrific in that sense.

Yep small top up for me too. 1m just under placing price.

Yep. Strikes me as an opportunistic placing to move forward quicker. I'll be monitoring and will also add soon. Let's not forget BH has been buying up shares to a high amount compared to salary and other directors of similar AIM stock!

Well a little surprised so soon but there will always be placings in order to move forward with exploration. This suggests to me as does the RNS that activity is going to ramp up. Perhaps because they were delayed with COVID they want to accelerate to make up time.

I sold too early in ECR, I can see a similar trajectory here albeit different circumstances.

I wouldn't be surprise when this goes through 0.13 that it then pushes up fast. Definitely seems to be poised to do so.

It's the calm before the storm!

I've seen increases in trading in the afternoon too. Maybe some folk from the US who know of GWMO getting in on the action! Seems to be some base forming with increased interest here of late. Good signs.

Good stuff. That's the key, they have men on the ground and Cooper the US man overseeing.

https://twitter.com/mining_great/status/1282922317371396100

The Golden 'country'!

No invested here but have got to say you are certainly getting good news flow! ATB

The lift will come, not least for the reasons Mcadder outlined in his recent post. Who knows what else BH has up his sleeve. Not expecting any news as such today apart from confirmation that the resolutions have been passed. News will come, and the time to buy is before the news!

Yes the bid/offer was the same when I looked earlier which was clearly positioning for an upward movement if trades continued. All good.

Nice 4m buy at 0.12.

I'm feeling there is going to be a pig push up soon! If so, could see some warrants exercised at higher levels which all adds to the cash flow which is excellent already. Great summary from mcadder below.

Yep again here the last 6-8 months there has been a real turnaround from what I can see. Unfortunately a previous bad rep has held GWMO back. They still have the monster copper project which if that ever moved forward would transform things but the focus on Gold/Silver plays since the end of last year has been a masterstroke as that will generate returns on a shorter timeframe and is the hot ticket at the moment. Did very well with my other Goldie ECR recently, and I now wait for GWMO to do the same!

Indeed! Clearly could have gotten more, but I've left it for the rest of you! Will keep an eye here.