Member Info for mcadder

That's very interesting thanks for that Damocles.

So the share initially spiked to 2p on news of the Jorc which had to be adjusted as well as money wasted on using drill rigs that simply weren't up to the job with Sharktooth and so on and so on.

I know Great Western have been looking for and need a partner for the Copper but it's a different matter when it comes to gold and silver as they are looking to produce these themselves from the heaps as well as further exploration.
So in principle if this is the case and gold at least remains at it's current price or continues to climb and they make one or two notable discoveries of gold deposits with the ongoing work on the ground then I really do think this share could set new highs from the 2017 high.

And with the added bonus of having the potential higher end estimate of 200 tonnes copper still there, this could make for a very interesting few years here. Just like GGP and EUA, in a few years some may end up saying "remember when Great Western was only 0.08 and I didn't buy, remember when it was 0.10 and I didn't buy, remember when it was 0.15, thought about it and didn't buy, then remember when it got to 0.50 and still didn't buy? Well now look at where it is" lol

Yes but it's also number 4 in the world for being one of the most mineral rich parts of the world and one of the friendliest mining districts globally.

Still lots of potential unexplored areas for gold to be found and extracted Barrick or no Barrick

I agree too. I've been remarking on the similarities with GGP in it's early days for months for several reasons. Great time to get in here before these prices are a distant memory.

7% up hardly anything below 0 15p looking good...

Tweeted by Great Western just a short while ago.

Great Western Mining
@mining_great
1h
"Our strategy is to prioritise the exploration of gold and silver on our existing licensed acreage to establish a commercial resource"...

..."We are looking to fast-track the exploitation of precious metals to achieve early gold sales".

Looking good for now for the next leg up....

Wow 25.5M BUY!

Just seen it!

Never seen a trade that big for Great Western since I've been invested here. Very impressive and over the ask which isn't surprising given the size of the trade. Think there maybe a few sellers regretting having sold now?

Just because I stated you're post last night was ridiculous doesn't mean I was in any way riled....the opposite infact. Tbh I'd almost forgotten about it seeing that it took you so long to reply lol.
As for being right you should know how the market works. Sometimes it takes a bit of time for people to digest what is going on here with the potential production of up to 1.5 million ounces of gold from a company like Great Western maybe some are yet to be convinced it will transpire. With what I know about Brian Hall and the 2 recent NED appointments I can assure you it will happen. And by the way it's GGP not GGL

Profit taking? Anyone selling at this price after yesterday's news will be doing so at a loss....

Profit taking? Anyone selling at this price after yesterday's news will be doing so at a loss....

Having read the latest presentation again I have to say I'm pretty impressed with the direction this company are now going in.
(a few interesting snippets from presentation)....

Mineral Jackpot – Gold-Silver target
"The Mineral Jackpot cluster is located in the Black Mountain Group of claims and comprises five closely-linked old gold mine workings. Rich
spoil heaps will be processed for gold and silver, aiming to produce precious metals for sale in 2020. Trenching and drilling programme
under way to identify new veins.
• Sampling of veins in former workings returned high
grade gold samples including 19.1, 27.4 & 95.6
grams/tonne
• 2019 soil sampling programme has more than
doubled the known extent of mineralisation,
identified new vein sets and linked numerous
historical shafts and adits.
• Historic geological report identifies seven subparallel lodes, prospective for gold and silver mineralisation, in both the quartz veining and the surrounding altered vein selvedge.
• The strike extent of the Mineral Jackpot target is now greater than 2km and includes the Silver Bell and Silver Moon mines
• Drilling and spoil heap recovery in 2020"

"The Company aims to produce first gold in 2020. If this is successful a larger scale plan of operation will be applied for and facilities constructed for
continuous production at the Marietta property"

"The OMCO Mine accounts for less than half a percent of the exploited area at OM Group. Images show the site of the historic headframe from which high-grade samples of gold and silver
were recently taken by GWM."

Summary
• Great Western is currently prioritising three out of many precious metals prospects and field work is in progress during 2H 2020.
• The Company is funded for its 2020 programme.
• Target gold ranges from 0.50 to 1.50 million oz
from all prospects.
• An exciting new project has been added in 2020.
• Industry partners sought for Great Western’s large copper resource.

"I'm happy with my decision. I reduced my holding here and went to Kefir.....scotgold....tym and tills."

TYM.....death spiral financing? Plus no sign of any production in sight? Naa thanks think I'll remain here to see this play out.

Setanta - 16th July "What is needed is a positive statement by the BOD indicating the actual mining of even a small quantity of gold. So far there hasn't been any provable positive news. so let's have some, BOD ! Investors aren't encouraged by fine words and no substance."

11th August - "Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) is pleased to announce sample production of gold from the Rock House Group ('RH Group') where trenching is currently in progress."
"it is the first pure gold ever produced by Great Western and as such represents a significant milestone for the Company."
"the RH Group has never previously been explored or exploited, so producing gold from a random surface sample is a very exciting result for the company"

8th Sept - "Aiming to produce first gold from the Mineral Jackpot processing operation this year

· Ultimate target 0.5 to 1.5 million ounces gold across all prospects in Mineral County, Nevada
· 2020 programme funded"

I think that answers your post on 11th July.....

"Certainly isn't any more ridiculous than some of the posts you've posted here mc"

Ok then please enlighten us as to which of my posts are ridiculous.

And by the way it's impossible to finish 14.5% up if there are more sellers than buyers even you should know that.

I don't think there's anything wishy washy about the commencement of gold production in 2-3 months from now and the estimated half a million to one and a half million ounces of gold they expect to extract from their projects across the board!
And what would you prefer BH to do? Keep shareholders in the dark? Plus to say we need something to suggest Newcrest or someone else hovering around is ridiculous. Assuming any discussions with a big player along those lines were actually taking place, any speculation as you suggest that someone along the lines of Newcrest is hovering around would not be helpful for any eventual outcome. What a ridiculous post to make.

IN BRIEF: Great Western Targets First Gold At Mineral Jackpot
Tue, 8th Sep 2020 19:32
Great Western Mining Corp PLC - mineral explorer with assets in Nevada - Looking to produce first gold from Mineral Jackpot processing operation this year. Notes ultimate target is for output between 500,000 ounces and 1.5 million ounces across all gold prospects in Mineral County, Nevada. Adds that 2020 work programme funded.

Current stock price: 0.14 pence

Year-to-date change: up 7.7%

By Eric Cunha; ericcunha@alliancenews.com

This hmmmmmm seems to be catching on chisler haha

I think it's time for Tom to get back in before he completely misses the boat lol

Always the way that some aren't capable of holding for more than a couple of hours and those so called investor's wonder why they lose money. MM's rubbing their hands buying back what they sold for a much higher price lol.
Don't get me wrong there are some stocks out there that are only good for a quick in and out trade but this one? C'mon how many listed companies do you know at such a paltry mcap that are not only looking to produce gold in next couple of months but also can estimate over all the projects that the amount of gold could be between half a million to one and a half million ounces? I can't think of any!
The transformation of Great Western as a company has now begun imo.

Where's Tom at a time like this?
You know, the one who comments on a share when the price drops and puts Hmmmmm in nearly all the posts and the same one who sold 20M at 0.09 and was going to sell their remaining holding just last week because the company hadn't released the latest presentation?