CANDORADO OPERATING CO V.CDO

GWQ News

[islandjon]

GWR Resources Inc
Symbol	C : GWQ
Shares Issued	133,019,103
Close 2011-09-21	C$ 0.30
Recent Sedar Documents

GWR Resources to acquire B.C. claims from Candorado

2011-09-22 20:41 ET - News Release

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Here is a sample of this item:

Mr. Lars Glimhagen reports

GWR ANNOUNCES LETTER AGREEMENT

GWR Resources Inc. has entered into a letter agreement dated Sept. 21, 2011, with Candorado Operating Company Ltd. to acquire the vendor's 100-per-cent interest in 89 unpatented mineral claims located east of Williams Lake, British Columbia, subject to a 2-per-cent net smelter royalty (NSR) to be retained by the vendor. The company will have the right to purchase the NSR for $2.5-million. Pursuant to the letter agreement, the company will acquire a 100-per-cent undivided interest in the claims from the vendor for cash consideration of $870,000 ($170,000 of which has been advanced as a refundable deposit); the issuance of an aggregate of 2.4 million common shares of the company; the issuance of two million warrants, with each consideration warrant exercisable to purchase one additional common share at an exercise price of 40 cents per share for a period of two years from the closing of the acquisition.

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[trader4ever]

I knew , first deal Shives will arrange at CDO is that GWQ will get those pieces of the cake GWQ has been lurking for since long! That is the reason Shives is at CDO !

[islandjon]

Exactly what I was thinking.

[trader4ever]

New investorsn icluded Shives / GWQ will suck out CDO. Money by this or that deal will disappaer by increasing salaries of new directors included Reed (no doubt about this at all!) and 'investors' will use CDO as waht it is - a pump and dump game since years!

[trader4ever]

As CDO does neither publish/confirms the latest news release by GWQ I assume it is a lie. Even at Sedar.com there is no document !Why GWQ does such a release if it is not true?!

[islandjon]

The stock even halted for a couple of days with the release.

[trader4ever]

Really? (Ironic!)...... GWQ halted because of a deal with CDO? And for the management of CDO this deal is even not worth to be published for CDO shareholder or for the stockmarket? Any additional comment needed about Reed and crew ? We have to study www to find out that CDO if still alive or not ? What a great IR.

[trader4ever]

.025 again....does anybody wonder? Reed adores shareholder of CDO, that's why he is so busy to inform us about deals and 'progress'.........and, of course, he is 'exited' again about this 'progess' at CDO'. Isn't it astonishing: For years Bernard tried to keep properties which are near to GWQ. Now Shives is in management of CDO....and the first act is to sell