Traderfan GWA.v Gowest Traded .10 today Congratulations
Been here posting Gowest for about 2 years. I've personally met with mgt a few times and they always answer the phone. Honesty and integrity is always what impressed me most. There is NO BS from these guys. From the beginning, they've stuck with the plan and made forward progress with much they don't even talk about. Happy to say I'm about even now thanks to averaging down.
With the sector in the dumpster & extra risk for non producers, I stopped posting GWA but never stopped believing in the quality of the resource and that Gowest mgt would take them to production as efficiently as possible. Insiders own a lot and I've watched the insiders spend 100's of thousands buying on the open market consistently even over .30/ share.
The guy in charge of technical should know what hes buying. When the cash raises come, the insiders step up. For this reason they will work their hardest keeping dilution to a minimum.
Faith in the deposit and the team helps me sleep at night, believing the money will be there when the time is right. They've only scratched the surface on the exploration side.
One might wonder, if things were that hot underground, they would have found it long ago? Truth is, in the most productive area in all of Canada, the Abitibi/Timmins area, due to the heavy overburden, previous discovery standards, wouldn't work. Soil sampling was useless and out crops rare. Its the newer technology fly over magnetic geo samples that map out the gold.
After GWA produces the bulk sample to UC, grades, metallurgy and recovery check out, The two potential tolling partners could each pay upfront for the processing CAPEX. This greatly reduces the $60 CAPEX called for and GWA would have everything in place to get the rest.
What do I really think ???? I think that there's a whole gold camp on their property alone and they can produce profitability from Bradshaw alone at 5000tpd which blows away what we see.
Just my opinions only and I could easily be wrong
GLTA Checkmate28
