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Bullboard - Stock Discussion Forum ArcWest Exploration Inc V.AWX

Alternate Symbol(s):  SJRNF

ArcWest Exploration Inc. is a Canada-based mineral exploration company. It is focused on porphyry copper-gold exploration opportunities throughout western North America. Its projects include Oweegee Dome, Todd Creek, Eagle, Rip, Sparrowhawk, and Teeta Creek & NVI. Its 100% owned, 32,133-hectare Todd Creek project is located 30 kilometers (km) northeast of Stewart and 45 km southeast of the... see more

TSXV:AWX - Post Discussion

ArcWest Exploration Inc > Stage payments
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Post by BuyingTIme on Apr 03, 2021 9:38am

Stage payments

Dead money and selling my little amount I got left. All option ground or found partners awx made sure they get payments each year . Also the new partners have to do hardly nothing in spending ontill year 3. So we got 3 years waiting and any new partners 3 years from that signing. Look at it in there eyes every partner they find they do a send us cash every anniversary . Great wage and investers can wait years before serious money going to be done on any ground they option out. Maybe I'm wrong wedgemount got to spend 50 grand first year maybe in that 1 hole they hit 500 grams per ton gold on that 50 grand . Only thing good about awx its a crash proof stock gold gets hit bad it stays the same and gold goes to the moon it stays the same a few cents here and there. Dead money. Expect along time for any more drill results only news from here is new partner and cash payments on there first line with arcwest expects 100.000 of work in first year and 2nd year 300.000 and third 3 million but send us wage money that's the most important line you will see stage payments each anniversary year. I will be back buying and posting on year 3. But I do wish good luck to investers and hope I'm wrong and you made big money I just don't see it . Bt
Comment by Sharkspurse on Apr 19, 2021 12:16pm
Why sell now? This is as primed as it gets! AWX's partner funded projects are almost all due to receive drill testing in 2021, a hit at any of the projects will be good news for all. Todd Ck looks to be the most signifcant year two expenditure as there must be a minimum of $3M cumulative spend by the end of 2021. Assuming P2 exceeded their mimimum 2020 spend of $500k, my guess is about $2M ...more  
Comment by HornbyBay on Apr 22, 2021 1:55pm
SP - I agree that patience is required with juniors using the project generator model.  I think Arcwest has been consistent with employing its business model -- and the potential for gains comes when the partner-funded programs kick into high gear.  While Arcwest no longer has sole interest in the projects, they have effectively shifted exploration costs to their jv partners during the ...more  
Comment by medvic1 on Apr 27, 2021 4:14pm
my view is the same, accumulatied quit a bit shares and will look at it next year...
Comment by Westcoastwalker on Jun 04, 2021 1:20pm
I like the properties AWX has secured and I like the partners drilling now.  Finally going to see some assays from the triangle after years of waiting and hopefully they deliver better than MRO and others" partners.  I think they will if they live up to past successes. With only 62m shares AWX has more room to gain plus exceptional claims to attract only the best partners is the ...more