OTCPK:GWAXF - Post by User
Post by
Mechadviceon Oct 27, 2016 4:43pm
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Post# 25395068
Announcement coming soon, due diligence being finalized
Announcement coming soon, due diligence being finalizedPer the last news release there is a Letter Of Intent (LOI) for financing but there was required due diligence to be done by the potential finance provider. As announced that process is in progress and was expected to be finished by now. Things always take longer than expected but we should
be getting an announcement very soon that due diligence is done and the financing is in
place.
Per the last news release the next step is to start the bulk sample extraction. This is when things get really exciting and we start to test the process and generate some product.
As outlined by Checkmate, there is a lot of area left to explore and the data published so far indicates there is a lot of high potential in this unexplored area.
The price of gold looks set to rise. All the fundamental drivers in place in 2011 are still there so the expectation is that the price of gold will rise substantially in 2017
All of the above paints a very rosy picture for our Gowest Gold. The action plan is in place and we know what they are working on. The news release should come soon and it is expected they will be underground before the end of 2016. The current share price is ridiculously low and is prime for accumulation at these levels. Sit tight, the news will come soon, and we will be watching the share price climb much higher.