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Re: Traderfan post# 32830

Tuesday, 11/01/2016 11:53:41 AM

Tuesday, November 01, 2016 11:53:41 AM

Post# of 35740
Further to GWA. CUT AND PASTE FROM THE PR... It is anticipated the transaction will close on or about December 9, 2016. The financing is subject to the remaining legal due diligence and the final negotiation and execution of a Prepaid Forward Gold Purchase Agreement and related security documentation. On completion of the agreement, funds are expected to be received in a number of tranches with a total term of seventy-two (72) months subject to certain funding conditions and milestones. Greg Romain, Gowest's President and CEO commented, "We are extremely pleased to have reached this major milestone with Pandion in our dedicated plan to turn Bradshaw into the next new gold mine in the Timmins camp. In advance of closing the transaction, the Company is undertaking all of the necessary steps to be in a position to begin site and underground development once the funds are received. We will provide a timeline once funding is received." Joseph Archibald, Founding Partner of Pandion, commented, "We are delighted to be working with the Gowest team in providing the financing for their Bradshaw Gold Project and look forward to funding their planned development work. This funding highlights Pandion's philosophy of taking a solution-oriented, partnership approach in building long term relationships with mining companies

http://web.tmxmoney.com/article.php?newsid=8035742412413661&qm_symbol=GWA

For additional DD Another good high grade, Low CAPEX Timmins area Toll milling Project Harte Gold timeline should give us some idea of what to expect. Their first blast was Oct 31 2015 and the stock rocketed in March 16 when they pressed released first ore being close. Currently they trade at about 2 times the market cap of GWA. Ill take GWA at .35 with upside, 6 - 8 mths from now, all day long. For me, some other stock is going to do better, but GWA is one of the ones I know well enough to call a no brainer. Gees what a long ride it was waiting for those permits! LOL Also noticed both companies CEO last name spelling is only one character different. One thing to note is Gowests official resource is triple Harte golds plus Harte proceeded with no Reserves which is probably the reason they are financing with equity including a full low priced warrant. Gowest will finance with a gold pay back loan that is loaded towards the end of the 7 year term so as to help Gowest get firmly planted in getting things worked out and paid for. Just thinking that around PDAC, Gowest will be one of the better stories there.

http://web.tmxmoney.com/news.php?qm_symbol=HRT

Harte gold Blasting Portal in Nov 2016 Found these educational
https://vimeo.com/145201241
https://vimeo.com/147050813 Nov 2015
https://vimeo.com/182280362 Nov 2016


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