Member Info for mcadder

"Nevada’s rich gold deposits offer one of the most geologically diverse mining jurisdictions in the world."

"Nearly every type of rock known to geologists can be found in Nevada’s desert landscape. The Silver State contains a wealth of precious metals, and it ranks as the fourth-largest gold producing jurisdiction in the world. Nevada is also an important source of many of the world’s most critical base metals, including copper, zinc and molybdenum."

"Nevada’s gold deposits are primarily found in three major northwest-trending belts: the Carlin Trend, the Battle Mountain-Eureka-Cortez Trend and the Walker Lane Trend." (Great Western's 14,900 acres-worth of concessions all lie within the Walker Lane trend)

"Even with more than 160 years of mining history, Nevada’s diverse geological landscape still has plenty of potential for further gold discoveries."

"Nevada is one of the top gold producing regions in the world, offering significant exploration potential among the state’s many prominent gold trends. As resource exploration and development companies continue to evaluate the region, Nevada’s rich geological endowments and friendly mining policies are expected to continue the state’s solid track record for mining success."

"pretty sure that can't be right!"

Which bit? My explanation of how things are or the fact we use a secondary platform for share trading?

Many many AIM listed companies use AQUIS to manage trades it's all completely legal and above board. It's been around for years and until early last year was called the NEX exchange.

I really can't believe I have to explain this but here goes....

GWMO.GB.PL is.....the share's listing on the Aquis Stock Exchange. That's it. GWMO and GWMO.GB.PL are the SAME company but the latter just refers to the listing on the Aquis stock exchange which is the secondary exchange platform for executed trades for the company. Many trades go through lse but some go through Aquis which used to be NEX but that's just the way it is.
The GWMO.GB.PL on the lse site just shows the trades that execute through Aquis ( of which there are not many) plus there are only 2 posts on there in last 3 months. The advertised SP on there of 0.26 is not accurate. That’s pretty much it.

stokey I wasn't suggesting that it was in any way from just a few days ago but, a timely reminder that the company is in a pretty favourable position with the medium to long term change of strategy by the UK govt to boost UK shipbuilding.

THE MARITIME EXECUTIVE
UK Releases Cost-Conscious Naval Shipbuilding Plan

"On Wednesday, UK defense secretary Sir Michael Fallon unveiled a new National Shipbuilding Strategy focused on plans for the first batch of the Royal Navy’s Type 31e frigates. A price cap has been set of no more than $330 million each for the first batch of five vessels in the class – less than the cost of a U.S. Navy Littoral Combat Ship."

"The strategy is designed around an independent report by industrialist Sir John Parker.
Parker proposed far-reaching recommendations to transform the UK maritime industry and boost the prosperity of regions, shipyards and maritime supply chains across the country."

"The new strategy is intended to show that the UK government accepts his recommendations and will aim for what he called a prospective “renaissance” in British shipbuilding."

"The plan also outlines the acquisition of the new frigate class. In line with standing UK policy on warships they will be built in the UK. The strategy suggests that they could be built in a way which could see them shared between yards and assembled at a central hub. The first ships are set to be in service by 2023. Shipyards will be encouraged to work with global partners to ensure the vessel is competitive on the export market."

“I am very impressed by the courage that the Secretary of State has shown – and the Government – in adopting my recommendations, which were very extensive, and will change the shape of naval shipbuilding over the country in the future,” said Sir John Parker. “The next challenge is to come up with a world-leading design; one that can satisfy the needs of the Royal Navy and the export market. We have the capability to do that, the will is there and it is a tremendous opportunity for UK shipbuilding."

chisler ramp away!
You're absolutely spot on with regards to the RH group. Yesterday's RNS was basically the first hint that - "hey guys we now think we've found a lot of gold in more than one place and have the confidence to drill in those areas to hopefully confirm this" .........

"Survey results indicate significant breakthroughs at the Olympic Gold Project"

"objective is to locate a continuation of the OMCO vein on the eastern side of the fault"........"survey now provides a preliminary indication that this may have been successful, with enough information to define drill locations with confidence". With confidence! Good stuff.

Trafalgar Hills - "very strong magnetic anomaly beneath the Trafalgar Hill target area which indicates the potential for precious metals".
Talking of Trafalgar Hill does anyone remember around May time last year when a supposedly fake twitter account surfaced pretending to be Great Western with comments that they were a worker on the ground and that from what they'd seen Trafalgar Hills looked like it could be very good? The account was subsequently taken down but interesting nonetheless.

"The close-in Magnetometer surveys at Olympic Gold have been very successful"

"950 kilogrammes of new material was recovered from trenching at the Eastern Shear Zone of the RH Group. This virgin material has strong indications of gold" Excellent stuff!

"highly successful survey over the Olympic Gold Project, which we are optimistic may have unlocked the location of the OMCO Mine extension. During this period we have also identified the presence of gold-bearing material from the trenching we carried out last summer in the Eastern Shear Zone at RH, which is a completely new and undrilled group of claims."
RH group is virgin territory lol

We anticipate an exciting year for the Company, with significant scope for increasing prospectivity as well as driving forward our production plans for precious metals."

After you were reported mine got removed as they were on the same thread as you. That's it so go try and trash someone else fella

Good to see that lse have taken the appropriate action with regards to that vile Singwhenyouwin

What's clear today is that a number of people have been holding on for just the lab results and were hoping to sell off into any rise it may have generated. However with it being another couple of weeks before they will be announced those have sold anyway at a loss. Well their loss is my gain. Picked up another few mill at another cheap price! Significant is the progress that has been made at the Olympic site and RH area for gold.

Shouldn't we be looking at the significance of the breakthrough at Olympic that's a potential game changer in the making there! So we have to wait 2/3 weeks for lab results big deal! Great update

Good to be back guy's. Let's hope so whatamess. Infa is definitely overdue a meaty contract or 2!

UK Parliament Hansard Lords: 25 January 2021 Lords Chamber Integrated Review: New Ships
Integrated Review: New Ships
Volume 809: debated on Monday 25 January 2021

Key bit
Lord Empey (UUP) [V]
"Will the Minister assure the House that this time business and orders will be given and spread over the UK, including to Harland & Wolff in Belfast so that shipbuilding can be sustainable in the long-term, rather than reacting to sporadic and irregular orders?"

Baroness Goldie (Con) [V]
"The National Shipbuilding Strategy identified the challenges and weaknesses to which the noble Lord has referred, and the strategy was clear that a much more stable approach had to be adopted in respect of UK shipbuilders. What is happening currently is clearly good news for UK shipbuilders, and the noble Lord has rightly raised the matter of cross-UK activity. I am pleased to say that, with Harland & Wolff taking over the Appledore shipyard, the Government are working closely with the company to understand better how we might support our shipbuilding industry throughout the United Kingdom. That is the commitment made by the Prime Minister and it is one that we will see being sustained by the recently announced intentions for Royal Naval assets."

Another 1.9M for me at 0.235p thanks sellers ;)))

You got you're NO vote in for you're 50 shares well done lad and for that you get a sticker in the shape of a phallic symbol lol

Atm Daniel any positive is welcome!

The way I look at the situation regarding the outstanding lab results is this.... the longer it has gone on awaiting results the better it's likely to be. You don't send samples to the lab if you think there is nothing in those samples worth analysing! We could be onto a winner here.
RNS in November confirmed this...."18th Nov RNS confirmed that the lab exercise was already in progress".
So that's 2 months the process has been ongoing for.

I'm expecting a positive upbeat announcement with regards to the lab results and a forward looking update to quickly follow on in relation to a sustainable commercial long term production plan on the back of the results. Both should land pretty close together imo.
I'm aiming to add a few more over next couple of days if it stays at this price with a target of a 40M holding GLA

Excellent RNS Colin is priming us for expected initial results later this week which are likely to be extremely encouraging!

Gold will glitter in 2021
24th January 2021
955 views 8 mins read

By Stefan Nolte

2021 will be a bullish year for the yellow metal, although the enormous hike in 2020 (24.6% per ounce in US Dollars and 14.4% in euros), both the biggest since 2010, may not be repeated this year.

Governments are printing dizzying amounts of money (now called “monetary easing”) to support suffering economies, ultimately leading to inflation. Zero and negative interest rates will continue.

Fear and uncertainty will stay for several years, Gold will benefit as currencies are devalued and are expected to climb above $2,300 this year.

Try this link for Telegram

https://t.me/
joinchat/
TD9dlicYpkMIUETo

Thanks Setanta. Lot's are starting to cotton onto the compelling investment case that is Zephyr being led by a VERY competent and capable CEO Mr Harrington. This is starting to show with the positive move on the SP.
Very interesting to note that there are currently only 29 members on Telegram compared to something like 330+ on the Copl group although this may soon change.
Plus not much noise being made on twitter yet so the herd is yet to arrive yet imo. I suspect there has been some buying going on across the pond too. Go well.