checkmate28 welcome to Gowest Amalgamated Resources Ltd. (TSX:GWA 
good to see you at GWA
thanks for good info;
Things are about to get started here I believe. News of NI43-101 compliant 1 million oz gold at grades avg 6 - 7 grams per ton coming this month. 1 million ounces, thats over a billion $ deposit for a market cap of 30 million now. Thats value. Their not looking for Gold, they have it. PPS has been drifting as the 3rd party is late with the report I believe and people are tired of waiting. Not many sellers but not many bids either.
They ought to be worth $90 in market cap per ounce on the low end, (over .80/share) for a 1,000,000 oz Gold insitu value, with avg grades over 6 grams per tonne, open for expansion with good infrastructure and coming plans for producing 100,000oz/yr. Local comparable explorers get from $90 to $135 in MC per insitu OZ. They've been hitting consistant grades on nearly every hole. Excellent management worked with the local majors for many years. Feasibility study projected for early fall plus larger resource numbers still. Their in Timmons ON so they can ship the ore anywhere local via railways and infrastructure that is already there. This is a straight forward operation. 1 million ounces with those grades will make a story.
This is the first new discovery in Timmons in a long time and there is a lot of talk from the locals. I know this. This has the potential to be a 2-3 million oz company and they've alredy been talking with local smelters to ship ore for cash flow soon, while they plan and build a mine. Infill drilling could move 1/2 million Inferred to M & I categories. They are drilling to 900 meters with high grades lower. Local Lakeshore Gold is drilling over 1500 meters at their flagship property in Timmons as well.
Call Rory Quinn company IR. He answers the phone.
great article here. Text below.
http://www.resourceintelligence.net/gowest%E2%80%99s-frankfield-gold-project-on-growth-trajectory-updated-43-101-resource-estimate-expected-in-march/16777
Website: http://www.gowestgold.com
good to see you at GWA
thanks for good info;
Things are about to get started here I believe. News of NI43-101 compliant 1 million oz gold at grades avg 6 - 7 grams per ton coming this month. 1 million ounces, thats over a billion $ deposit for a market cap of 30 million now. Thats value. Their not looking for Gold, they have it. PPS has been drifting as the 3rd party is late with the report I believe and people are tired of waiting. Not many sellers but not many bids either.
They ought to be worth $90 in market cap per ounce on the low end, (over .80/share) for a 1,000,000 oz Gold insitu value, with avg grades over 6 grams per tonne, open for expansion with good infrastructure and coming plans for producing 100,000oz/yr. Local comparable explorers get from $90 to $135 in MC per insitu OZ. They've been hitting consistant grades on nearly every hole. Excellent management worked with the local majors for many years. Feasibility study projected for early fall plus larger resource numbers still. Their in Timmons ON so they can ship the ore anywhere local via railways and infrastructure that is already there. This is a straight forward operation. 1 million ounces with those grades will make a story.
This is the first new discovery in Timmons in a long time and there is a lot of talk from the locals. I know this. This has the potential to be a 2-3 million oz company and they've alredy been talking with local smelters to ship ore for cash flow soon, while they plan and build a mine. Infill drilling could move 1/2 million Inferred to M & I categories. They are drilling to 900 meters with high grades lower. Local Lakeshore Gold is drilling over 1500 meters at their flagship property in Timmons as well.
Call Rory Quinn company IR. He answers the phone.
great article here. Text below.
http://www.resourceintelligence.net/gowest%E2%80%99s-frankfield-gold-project-on-growth-trajectory-updated-43-101-resource-estimate-expected-in-march/16777
Website: http://www.gowestgold.com
My opinions are my own and and DD I post should be confirmed as unbiased
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