Value Microcaps Junior Miners

[checkmate28]

CPTMatt Reading your post. "They issue a PR that basically says they've shut down and don't know when they will start back up. Meanwhile they just did a financing that requires gold delivery by end of June (< 2 months from now)."


From the GWA Press Release on the Gold Agreement
https://web.tmxmoney.com/article.php?newsid=5216373425200885&qm_symbol=GWA

Gowest expects to send its first concentrate shipment to Humon’s smelter in the second quarter of this year. The terms of this concentrate agreement provide that Gowest has until June 30, 2019, to repay the funds in the form of gold concentrate, cash or, at Gowest’s option, shares in the Company (subject to TSX Venture Exchange approval.) The Company is confident that it is well positioned to meet this obligation through the delivery of gold concentrate from its bulk sample project at Bradshaw.

This was a great deal for Gowest from a company looking for a long term relationship with GWA. Gowest has until June 30, 2019 to repay $3M.
There is no requirement to have gold delivered by June 2018 as you said. I confirmed this. This is the least of our worries.

30,000 tonnes of ore on surface needs to get milled. Hopefully as you said it goes to Redstone. Current plan is, they would be trucking to the Redstone mill. Trucking somewhere else doesnt have to be onerously more in cost.

Also keep this in the back of your mind.
Discussions with PGB are on-going; however, there is no requirement for the Company to seek or accept any further funding from PGB.
CM