OTCPK:GWAXF - Post by User
Comment by
checkmate28on Jun 26, 2023 9:12pm
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Post# 35515490
RE:Crystal Balls
RE:Crystal BallsTim Its my understanding that things are going beter than expected undergroung. There are a lot of people working and a lot of progress to date. A number of diferent news items should be released soon.
To overcome the dilution GWA needs 2 things to happen. First the market need to see the risks have been addressed and to have enough information to see the mine plan will play out the way it is supposed to.
Secondly, they need to hit some good results on the drilling, to show that they have a good shot at being able to guide for over 100k oz per year. The Rerdstone mill should handle 100K OPY at 6gpt head grade as is.
The .25 cents per share to convert those .20 warrants seems likley with some sucess in those 2 areas IMO.
The 3rd item to get this moving would be the price of gold and more important some interest in the segment showing some positve sentiment.