GWA.V. traderfan Re your personal mail. I don't subscribe so I can't reply personally but here goes. I alluded to this on the SH board. I also know the company reads that and I thought this was too personal for that board.
The largest shareholder besides Future Fortune was Pat Sheridan. He died couple years back. He is legendary in the mining business. GWA actually named an exploration Zone after him called the Sheradan Zone. The family has the shares and they want out. When Gowest bought out the royalty, they bought it from the Sheridans with shares because they didn't have cash. Guessing around 15 million in all. Fortunately for them and us, there are a lot of people want the Shares now because the value is obvious with everything else having run up. This overhang has been there for a couple years holding the price down while they drizzled out any shares they could into any volume they could see. Auditionally there are probably some shares coming through from the last flow through financing.
Few more points I think we worked through most or all of that, so there could be some blue sky.
I think I know something else too. Now that sounds like a Kozuh line, LOL
I think I know they got another permit and they're waiting on only the last air and Noise to be signed off on. Why they don't PR the stuff I don't know.
The rumor is, a lot of the buying is coming out of Timmons and that makes me feel very good. They know the inside scoop better than anybody else and mining is what they know best.
Additionally I am about as close as an investor can get to this company. They were very concerned that I vote my shares at the AGM. After hanging up and thinking about that for a minute, I realized they might be worried about who's buying all the shares. And now that's got me wondering? is anybody making a run at the company knowing they could scoop up the low-hanging Sheradan shares cheap? Future Fortune? Hate to think so.
Checkmate 28
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