"You can type as much nonsense as you want it still doesn't change the fact the SP & company have gone nowhere."
Alyhels just like Kainos said you really are a grade 1 bell end.
So the SP has gone nowhere? 250% up over last 12 months says otherwise. And you say the company has gone nowhere?
Over last 12 months the company have acquired the Olympic site, identified numerous drill ready targets over several different areas, possibly identified a continuation of the gold vein to the east of the Omco mine, commenced small scale production of gold and silver, produced a doré bar as part of a test pilot, completed it's long term lab test to identify the best method for commercial production, and successfully raised enough money (10x times the cash compared to what was left when Brian took over) fully funding the most comprehensive drilling programme for 3 years plus enough to build a proper gravity separation facility for commercial production!
Those rich spoil heaps yielded grades of up to 140 g/t gold and 20,000 g/t silver from a random sample and although it won't be reflective of the rest of the spoil heaps even just 10% would be very impressive! And this reduces the need for further dilutive placings Alyhels! Do try and keep up!
At least we're finding out the true mark of what you're all about Alyhels - SP up 250% over last 12 months - no comment from you about that at all but today it happens to be 2% down (which is only due to a narrowing of the spread) and you're commenting on the 2% drop like a laughing hyena! Childish, petty, immature are words that come to mind...
Alyhels - where was the SP at or around 9th April 2020? 0.08 that's where infact I remember the lowest sell was 0.076 before this rose back up to 0.13. And where was the SP at or around 20th July 2020? I'll tell you exactly where it was, it was 0.10 having drifted back down.
Now, with probably more than £2.5 million in the bank and despite several placings since July the SP is sitting at 0.25!
Even if there had been zero dilution since then we are looking at a 250% increase in the SP so factor in the dilution this is nothing short of an amazing achievement for a micro cap explorer now small scale producer! So far Brian has played a blinder!
But the best is yet to come. Huge drilling campaign commenced, the likes of which have not been seen for GWMO since 2018. So you have a choice. Either sit there like a keyboard warrior slating the company every time we get good news but yet the share price doesn't do 20, 50 or 100% in one day OR watch and wait to see the drilling campaign succeed and I can assure you by the end of the summer there will have been a few 100% upward movements in the SP.
Billionaire Miner Sees Copper Supply as National Security Issue
By James Attwood
13 April 2021
Updated on 14 April 2021, 00:00 BST
Friedland says world is yet to grasp scale of transition task
American power grid ‘is a joke’ compared with China’s
Copper is so crucial in electrifying the global economy that finding enough of it has become a national security issue, according to mining magnate Robert Friedland.
Mining companies will have to be “real heroes” and governments will need to accept the industry if the world is to successfully transition to clean energy and transport, said Friedland, founder and co-chairman of Ivanhoe Mines Ltd., which explores and develops mines in Africa. The world is yet to grasp the scale of disruption in replacing fossil fuels, with most people in urban areas unaware of where materials in everyday life come from, he said.
“It’s all copper, copper, copper, copper, copper, copper,” Friedland told the CRU World Copper Conference on Tuesday.
While the 70-year-old billionaire is taking a long-term view, his words of warning contrast with those of some of his colleagues at the conference who are reluctant to accelerate growth plans in a cyclical market. His comments seem more in line with bullish analysts such as Goldman Sachs Group Inc.’s Nicholas Snowdon, who predicts record-high prices as the metal heads toward the tightest conditions since the mid-2000s.
Mining is suffering from years of underinvestment, with America very under-explored because for 20 or 30 years “it wasn’t cool to mine,” Friedland said. Where future supplies come from “is going to be a matter of fervent debate” as will how to tax and regulate them.
Copper is a vital part of green infrastructure from grids to wind turbines. Massive investments are needed to electrify economies. The U.S. power grid, which “is a joke” compared with China’s, needs $10 trillion and “astronomic amounts” of the right metals to get up to scratch, he said.
“In the short term, we’ve had a big rise in the price of copper,” Friedland said. “But for the medium term, copper has really become a national security issue. It’s central for what we want to do with our economy.”
By Daria Sokolova Special to the Times-Bonanza
5 hours ago
Nevada has been named as “the world’s top mining destination,” according to the 2020 survey of resource and exploration companies released by the Fraser Institute.
The survey’s result is based on answers from 276 participants, which provided sufficient data to evaluate the overall investment attractiveness of 77 jurisdictions.
Many mining companies conduct business in Nevada. Among them are Blackrock Silver Corporation, Barrick Gold Mines, Nevada Sunrise Gold and Equinox Gold Corporation.
The state has two key characteristics miners look for—best practice for mineral potential and policy perception— making Nevada an outstanding option for production, according to the press release.
For example, Blackrock Silver Corporation, a mining exploration company focused on both silver and gold, has attracted significant interest over the past year on the back of multiple high-grade discoveries made on its Tonopah West property, according to the press release.
Additionally, Barrick Gold Mines, noted as one of the world’s largest gold mining companies, was established as a joint venture in July 2019 with Newmont Corporation and introduced their subsidiary, Nevada Gold Mines, the release said. Barrick stated that the driving force behind the creation of Nevada Gold Mines was the large potential of the Nevada gold fields and prospective gold establishments.
While geologic and economic considerations are important factors in mineral exploration, a region’s policy climate is also an important investment consideration, according to Fraser Institute.
Policy factors examined include uncertainty concerning the administration of current regulations, environmental regulations, regulatory duplication, the legal system and taxation regime, uncertainty concerning protected areas and disputed land claims, infrastructure, socioeconomic and community development conditions, trade barriers, political stability, labor regulations, quality of the geological database, security, and labor and skills.
Nevada moved up from third place in 2019, and Arizona, which ranked ninth in 2019, moved into second place this year. Saskatchewan climbed eight spots from 11th in 2019 to third in 2020.
Great Western mining
mining great - 1st April
"Subject to timely receipt of a formal drilling permit, applied for and expected shortly, the RC Rig will first be mobilised to the Trafalgar Hill prospect at the Olympic #Gold Project where six holes will initially be drilled, most likely commencing in the third week of #April"
Drilling permits update got to be this week I'm certain of it!
solstace - you are indeed right and make the very relevant comparison to the basic rather ineffective mining and gravity separation techniques that would have been deployed in most cases well over 100 yrs ago.
They don't refer to these heaps as "rich spoil heaps" for nothing and they have been sitting there ever since just waiting to be re-processed but this time using modern techniques and
With there being 12k tonnes to work through not counting new discoveries of new unexplored gold veins waiting to be drilled and hopefully mined, there's potentially a lot of gold we are sitting on.
Yesterday's result of 140 g/t gold and 20,000 g/t silver are not only accurate in my mind but are indicative of just how "rich" they could be.
The amounts will vary each tonne over all spoil heaps naturally but I think it sets a benchmark and hopefully an overall average of between 50-100 g/t and 7,000-12,000 g/t silver would be just fantastic!
I know Brian well and he certainly is not in the habit of putting out inaccurate information and I don't think there's been a mistake. It will have been checked and double checked before being passed to the nomad for signing off.
I mean would the 140 g/t and 20,000 g/t silver BOTH be wrong? I think not.
A while back he did mention that the recoverable gold/silver amounts per tonne would vary across the spoil heaps which is understandable given that they are re-processing heaps that were originally mined over 100 yrs ago. The RNS is accurate as far as I'm concerned.
The result is probably what we can expect as a BEST case result from the spoil heaps and is clearly a great result for the company. Even if the average turns out to be just half of this it's still an excellent result. I'm actually quite surprised you've emailed Brian in that manner apr rogerson but I do hope you do get a reply.
(Bell ringing in the background)
Yay oh yay oh yay (shouts the town crier)
Buy thee beauties while ye can for thou shall bear life long regret for not heeding thy words of wisdom.....oh yay oh yay oh yay (bell ringing continues until the town crier is knocked out for causing annoyance)
In other words hurry up and buy a load of shares before the rocket emojis are deployed ;))))
Ok putting your 2.40p purchase way back then to one side ask yourself this....."do I think I'll make money back with a purchase at 0 23p which is roughly one tenth what I originally paid?"
If that answer is "yes" then don't let your historical much higher share buy put you off from making money at the current level. Just depends on whether you see or believe that current progress has and continues to be made here
Kainos - I had a good chuckle at your post
I think they are definitely onto something out there BUT, management especially BH aren't in the mood to waste any more time.
Numerous viable drill ready targets to attack and now the financial muscle to do lots of drilling AND get us to commercial production. To the tune of over £2.5M.
But whats this I hear? Copper too? Drilling of the near surface intercept of the breccia vein at M4? Haven't they been telling us for the last 18 months that as part of their new strategy the focus has been on exploitation of gold and silver? But now it's gold silver and copper all at once? Hmmm what's prompted this I ask?
So copper is no longer confined to just "desk work" and in a recent RNS there is mention of attracting a larger industry partner to the table? But are they already at the table one asks?
Very interesting times ahead. Those trumpets don't lie either - lots and lots of gold down there!
Lot's of imminent activity soon to commence - I can smell a couple of pence a share on the horizon at some point this year!
Can't quite remember if it was Alyhels or riseagain (not that it matters cos I think they are the same person) but they predicted this would be delisted by end of March 2021....oh look it's still going fantastically well and they have perhaps the best part of £2.6M in the bank. I'd say were good here ;)
Great Western Mining
We have numerous prospects for both precious & base metals on our approximately 17,000 (6,880 hecatres) acres of claims in Mineral County, Nevada & we expect to commence drilling operations in April with two rigs at the Olympic Gold Project & West Ridge.
A necessary evil today's placing but they should be able to achieve double in 2021 what they had initially planned for. I can understand their rush to want to get on with things to finally prove up what we really have down there in terms of gold silver and copper....