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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

Comment by Tim2Agamion Jan 25, 2022 10:32am
164 Views
Post# 34357811

RE:RE:Great we're getting funds..but!!

RE:RE:Great we're getting funds..but!!
Traderfan wrote: You  make it sound as .50 would be a negative. I would give half an arm for .50, you guys realize that we are sitting at .12 with about zero interest from anyone in the entire industry let alone funds or anybody else except these chinese guys? I doubt we will ever see .50 again and if we do I'm more than happy. This thing has been diluted to death now. 


Geez, be careful when it reaches .50; it won't be humerus for either your ulna or radius.

There are now (according to Stockhouse above) 34000 shares sitting at .125 on offer and no takers today. If there were, probably tepid retail.

And there won't be much fund interest, until the shares are out of the penny decimal range and the shares becomfe eliglble for inclusion in a fund that has the right scope and limits.  

It is unlikely that there will be any big boy interest until the offering (and that's all that it is so far) is a done deal. These approvals (shareholder meeting, vote,  and regulatory permissions) are in the offing.

That's weeks away. But maybe by that time, the load limits will be off the roads and we can keep on truckin' ore, and drilling rigs can get out on the property. Just in time for blackfly season.

Although there are a lot here who have already been badly bitten

 


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