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Great Western Minerals Group Ltd GWMGF

Great Western Minerals Group Ltd is a Canadian-based exploration and development company, which is engaged in the exploration and development of its rare earth elements (REE) property, and the manufacturing and marketing of products containing REE. The company operates as an integrated rare earth processor which manufactures specialty alloys used in the magnet, battery, defense and aerospace industries. It holds an interest in the Steenkampskraal monazite mine, located approximately 350 kilometers northwest of Cape Town, South Africa. Further, the group also holds an interest in Hoidas Lake rare earth mineral property in Canada.


GREY:GWMGF - Post by User

Comment by Fewbucks2on Aug 11, 2018 9:55am
230 Views
Post# 28444362

RE:RE:Promising article about the Steenkampskraal development

RE:RE:Promising article about the Steenkampskraal developmentDm62, I don't know whether they are affiliated with Steenkampskraal. I can only speculate about assets still within GWMG, but you can image that the bondholders had to suffer a lot. Could the mining rights still be part of the company? That's pure speculation from my side and I don't know whether this is possible from a legal point of view. In the Steenkampskraal memorandum, that now has to be requested in an email, I thought to have read that 500.000.000(!) shares were issued of which 50.000.000 shares tradeble.
In the meantime I cannot sell my shares as my bank tells me the trading is blocked. 
DoD
//Fewbucks
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