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Gowest Gold Ltd V.GWA

Alternate Symbol(s):  GWSAF

Gowest Gold Ltd. is a Canada-based gold exploration and development company. The Company’s projects include Frankfield, Pipestone, Tully and Whitney. The Company is focused on the delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw) on the Frankfield Property. The Frankfield Property covers an area of approximately 842 hectares and is comprised of eight mining leases. The Company’s wholly owned Pipestone East Gowest, which consists of 21 unpatented mining claims (4,274 hectares). The Tully North Property is located three kilometers (km) northeast of the Bradshaw Gold Deposit and is comprised of one mining lease and one unpatented claim totaling 228 hectares. The Gowest Whitney Property consists of nine patented claims (mining and surface rights) totaling approximately 144 hectares. It is located in the center of the Timmins Gold Camp, 10 km west of downtown Timmins, Ontario and 25 km south of the Bradshaw Gold Deposit.


TSXV:GWA - Post by User

Bullboard Posts
Post by digger144on Jun 02, 2013 10:25am
321 Views
Post# 21472750

Fast Track..

Fast Track..

I really like what Management is attempting to "pull off"...there is noway possible that they could ever hope to be successful without having the nearby Kidd Mill available with idled capacity....many, many projects will love to have access to a processing facility within close proximity to a very promising property such as the Frankfield Property.

Fast Tracking will move the project to production years ahead in regards to the "norm" in the mining world...and provide positive cash flow immediately.

The plan is to use the positive cash flow to finance the operation moving forward and "buy time" to expand the Frankfield Property through further and extensive exploration...expansion will lead to the construction of their own Processing Facility on site at the Frankfield Property.

The "beauty" of this is that as they build their cash reserves through actual production they will be able to fund  extensive drilling programs without the need to further dilute shareholders moving forward.

The potential of the Frankfield Property is significant and has demonstrated distinct similarities to past producing "giants" of the Timmins Camp.

Greg Romain, President @ CEO is a most determined individual with the vision and foresight to get the job done...he has proven it time and time again...his achievements and actions are speaking loudly! 

I have never met him or have ever spoken to him but I would like to do so someday..an inspiration to be sure!

Digger144

P.S.  We must keep in mind that although the Kidd Mill Operation will play a vital role in the early days perhaps years of development and cash flow generation the ultimate goal for management is to build a self sustaining operation at the Frankfield Site...Kidd will be a "stepping stone" to reach the final outcome. 

Bullboard Posts