Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I unfortunately agree. I have been in 3 years, kept buying up and down over the first year and hold an large holding at an average of 0.15.
You can talk about the how gold is a solid investment all you want. This isn't gold. Gold could go up to ATH x2 and GWMO wouldn't move as there is no market confidence that they will produce at this point.
People will only trust soeculation to a point. That good will is burnt now. The only thing that will move this SP now is ACTUAL news. I have been waiting for tailings to be processed for 3 years. That's why I am here, the potential upside of a viable commercial mining operation being discovered was a bonus.
that placing prior to positive news on the refining plant has really made me question my investment tbh. i have been in since we were 0.1 around 3 years ago, prior to the boost. i held through and didn't take the quick buck as i believed in what gwmo had.
i won't sell now at a loss, so i am in it for the even longer haul, but that was a ****ter. they need to provide some shareholder value occasionally, alongside a bit more fidelity on the status of the project.
We have had good news, but until we see something concrete I don't expect any rise in SP. We have been 'on the cusp' for 3 years, I think investors are probably quite wary.
The first RNS that hits that delivers a non-speculatice result, this will explode. The question is, when will that happen?
I bought prior to the last surge of activity that took GWMO to ~0.5. Unfortunately, I held and bought on the way back down. The recent placing took me into the negative.
We have been waiting a VERY long time for any upwards trend. Simple RNS demonstrating drilling and operational progress will not be sufficient to make this shift. Realistically, we are waiting for the plant to be built, processing to begin and revenue being generated before we see this move.
Beyond that, I do believe there is commercially viable precious metal mining to be conducted here.
But, I will sell half my holding on the initial thrust associated with the plant, with intent to hold the remainder risk free.
The rate of progress with this company has somewhat erroded my trust over a long period.
I have lost sight on what results we are still waiting for.
I know OMCO is still outlying, are there any other assays? When are we expecting any movement on the heaps?
I will be honest, I am significantly more interested in results of previous works than I am the commencement of a new drilling campaign. We need some positivity prior to any new requirement for fund raising.
Previous RNS stating success of drills, even when under budget and expeditious, had no significant positive effect. We really need RNS outside of 'we have drilled this spot'. Ideally movement on the processing plant or, even better, OMCO assay results!
I am shocked by the SP drop, I didn't anticipate us to go below 0.18. It seems there is no support whatsoever since we got results from Trafalgar.
I am holding out for news, specifically relating to OMCO and tailings. We need something to shore up the SP - any fund raising now will kill it.
There are some really big sales gling through quite regularly today. Are we thinking this is some warrant churning, if so, do we have any idea how many are left in the low 0.2 range? Or is a whale slowly exiting their position?
This is a re-rate from tailings alone. Already got money in the bank from previous placings, the only way is up. Strong buy at these prices now; I would expect 0.05 in short order.
There was a lot of money raised in the last 2 placings (approx 2M in the bank?) and drilling has only just commenced. I can't help but feel this timing is poor - could we at least get some good news first to give investors some respite and pick up the volume?
It won't matter as soon as the good news comes as the buying wave will obliterate any outlying warranta and send us to 0.05+ but this is disappointing all the same. My brain is trying to tell me that expansion is bullish but I need to see some results soon, any indication of something good beyond my owm allusions.
This RNS was never going to dramatically shift the SP unfortunately, most of what was stated was expected. Don't get me wrong, I was sure we would be at 0.26-28 at the end of the day simply through exposure for those not previously following - so this is somewhat disappointing atm.
There are some positive aspects that were pleasant surprises that I believe should have boosted us further - 2 rigs rather than 1; including a portable device to chase the ever more desirable copper resource. Secondly, stating gravity separation alone is commercially viable. Lastly, the expanding claim at Olympic is a very bullish sign when taken in conjunction with previous magnometer results.
This ofc, could be overshadowed by communication of broken equipment, but I am still very confident in GWMOs finances and current position.
Roll on March I guess. God knows my heavy US tech portfolio could use some wins...
This is hilarious!
I have a python script which actively scrapes information from various social media sites, primarily the big hitting subs on reddit. $EMHLF and $ERPNF the tickers associated with EMH are beginning to gain some real traction - that is the hype train is about to overtake fundamentals and it will do very well this week.
I am not sure AIM or the MMs here sre prepared haha
I was actually put onto this stock by Yanks in the OTC market. This is going to pop today and probably going on further.
What is going on with the price here? Is it being artificially held down? If so, why? There will be a gigantic discrepency later between markets...
I have no idea how we have worked our way back down here... I am now starting to understand the profit taking mind-set.
I thought the low 0.2s were done with...
A solid performance by this stock this week which I can see continuing to 0.3 EOW today.
The question is, how long will the next warrant overhang hold us back at 0.3? Firstly, will they be exercised in short order for small but swift profit or will they be held longer for something more significant? That will dictate whether we hang around at 0.3 until the next dose of good news pumps us through that overhang.
On that topic, the next dose of good news can't be too far off anyway, we are awaiting assay results which I believe are anticipated for this month. Going further on from that, further outlines of drilling plans and results I imagine - this may be some time off, does anyone have any insight?
I am confident it will hit the 1p mark, but it won't be quick. Maybe H2 21 if drilling is expeditious with the money raised from theast placing.
I am in deep in this company and I still like it long... I am definitelt getting bored though and eyeing up other opportunities.
If this isn't some warrant action behind the scenes I am not sure what is happening... I mean, the mining sector is getting crushed atm due to positive COVID news and Biden seemingly becoming more secure. Gold plays being affected seems logical BUT strong copper plays should be v. Positive still, in line with the popping EV sector.