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Tuesday, 08/19/2008 12:57:14 PM

Tuesday, August 19, 2008 12:57:14 PM

Post# of 221875
How much different is this statement from November 2005 found on this board so different from what we find today? Back then the company had a 30 million dollar market cap with a promised 600 million divvy. Slight variations but pretty much the same story as today.

Stephen Lumb, the President of St James Capital Holdings, Inc. and the Chairman of Hanover Capital Group plc stated that the six separate "spin off" of Companies by Great West Gold, Inc. in and during this year should result in an expected US$600 million "paper windfall" for Great West Gold, Inc. shareholders. Stephen Lumb stated that based upon Great West Gold, Inc.'s current market capitalization of circa US$30 million, he was delighted with the value being created for St James Capital Holdings, Inc. and for Great West Gold, Inc. shareholders. It is obvious that Great West Gold, Inc. is grossly undervalued, a factor that could well be attributed to continued illegal naked shorting of Great West Gold, Inc. stock and the continued unwanted dual listing of the Great West Gold, Inc. shares on the Berlin Bremen Bourse.

Derb

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