Traderfan CPTMatt GWA Gowest. Trading most of the day at .17 was more than I thought, but price had that much to catch up. Permitting uncapped and made everything else legit and attainable. Shares Might trade this level for awhile. $45M MC seems fair for now. Financing now the bottle neck.
Coming Catalysts that could raise the MC
Any good financing agreement that provides some millions of CAPEX in lieu of delayed payments for services, drilling ect. I expect some, as GWA mgt is extremely conservative with hype and they seem confident in little to no dilution for the bulk sample. Could also be a tailing agreement as the tailing will be worth some millions and dont forget GWA has an autoclave for the roasting as well that could show up in news. Previously GWA was negotiating an agreement with a roaster south of Timmins that might put up the costs if Gowest would give them the contract for the tailings that are rich in sulfur.
If eventually purchased, the brownsfield mill has the potential to save millions of CAPEX, lower the AISC from $891 and save time over any new mill scenario. I think its good for 150,000 of Gowest ore.
On the outside they are drilling on a few fronts. Any new discovery thay points to a second zone will move the shares.
