RE: Issue of Equity26 Mar 2021 01:20
Forzeb. I invested in here a few years or so ago now, and it was a promising project at the time. £3m in the bank, good prospects, and I bought a few hundred thousand shares at around 2p or so.
We know the history, the money was wasted and little was gained, but when the new team took over, and the price for a share was 0.001p, I pounced and bought a few million. The reason I did that for me was quite simple. The stuff in the ground, copper, gold and silver, is there, but we now had a BOD who knew what to do to get it out of the ground. They have a very clear and focussed plan with the experience to deliver.
Yes, there is always a risk with prospecting companies like GWMO, because ultimately the driving force for the share price is the drilling results, but when you read the statements, consider the copper Jorc, study the geology and the historical gold grades mined in this area which we are aligned with, and, yes, the Trumpet plants, it all paints a rosy picture.
These are just my thoughts of course, and nothing is guaranteed, but I am of the belief that if you keep your shares, you may, in the next year or so, be showing a profit. I sincerely hope so.