focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
And I got mocked for slaying it was riskier than KOD due to license issues !
https://twitter.com/blueorcainvest/status/1633471448298799106?s=46&t=TuF3sI84bDTMp81bG_mRxQ
More demand for KODAL product !
https://www.mining.com/web/monumental-shift-in-way-junior-mining-stocks-are-valued-is-coming/
https://www.mining.com/web/monumental-shift-in-way-junior-mining-stocks-are-valued-is-coming/
@PiranahPires
That’s ****e. Happened to so many people on AIM.
I’ve had one share that is down something like 98% - VALIRX. Luckily closed out most of the position before the massive decline so only a £1000 paper loss, but I hold it as a daily reminder of what can happen.
Lovely looking chart!
A nice triangular flag appearing at the top of the “pole” of the recent push north.
Consolidating and looking set for its next leg up, which could be explosive.
Of course, could be wrong, but knowing that positive news is due very soon, I’d wager a bet on it. And very happy to hold my x million shares.
Retirement was but a dream, but maybe, just maybe….
This time next year Rodney, and all that.
Could it be this week?
February was mentioned and we are nearly half way through….
Last time I sat through a suspension was with Eurasia mining that shot up from around 6p at suspension to I think 18p.
Then continued to climb to 40p+ . For once I sold before the decline, and then a crash to 4p! Lesson learnt. Take profit.
So what will happen here?
Nail biting stuff!!!
Tue, 7th Feb 2023 07:00
RNS Number : 0869P
Great Western Mining Corp. plc
07 February 2023
GREAT WESTERN MINING CORPORATION PLC
("Great Western", "GWM" or the "Company")
Operations Update
Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) which is exploring and developing gold, silver and copper targets in Nevada is pleased to provide the following activity update:
PRODUCTION
In January, Western Milling LLC, (a production joint venture, 50% owned by the Company) attended a review meeting with the Nevada Department of Environmental Protection (NDEP), the state agency responsible for regulating its proposed mill, which is being constructed to produce gold and silver concentrates from pre-mined material and shallow ore. Certain changes to the plans were requested by NDEP, all of which were reasonable and will be easily manageable, with a modified plan now submitted for formal approval.
NDEP approval is required for the operating phase but not for the construction phase and accordingly the joint venture can proceed confidently with mill construction while awaiting formal approval for operations.
Ground conditions at the mill site are now good and surface work started last week in preparation for laying concrete, scheduled for the end of this month, subject to weather conditions.
PRIORITY EXPLORATION DRILLING
Follow-up shallow drilling at The Olympic Gold Project is a priority for Great Western. A track-mounted RC (reverse circulation) drill rig has now been secured and is currently being mobilised to the Olympic Gold site for shallow drilling at the OMCO Mine prospect.
Drilling in 2022 intercepted the OMCO Mine vein for the first time and an extension to the OMCO Mine is now believed to have been established. This previously reported intercept contained 6.10 m at 2.682 g/t gold from 38.10 m, including 1.52 m at 8.110 g/t gold and 1.52 m at 1.74 g/t gold.
The discovery can potentially be expanded by drilling angled holes from the same permitted pad position. Drill timing will depend on weather conditions at the site and crew availability.
APPOINTMENT OF AUDITOR
As part of a rotation policy, PKF Ireland has been appointed the Company's auditor for the financial year ended 31 December 2022 and going forward, replacing KPMG Ireland. Shareholders will be asked to approve this appointment at the next general meeting of the Company.
COMPANY PRESENTATION
An updated corporate presentation has been uploaded to the Company's website and can be found at https://www.greatwesternmining.com/investors/company-presentations/
TAX CREDIT
Great Western has been granted a tax credit in the form of an £83,000 cash payment for geological work in carried out in the years 2020 and 2021.
Great Western Chairman Brian Hall commented: "We are pleased to have started work on the mill site and to have secured a drill rig for shallow drilling at the OMCO Mine pros
Time to walk away from all this chatter and let this play out.
I originally bought a lump at the beginning of 2021, have been gently adding over that period and will let my few million shares do their work!
It will be interesting to see where this is at year end $$$.