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checkmate28

06/03/13 3:00 PM

#30338 RE: checkmate28 #30315

GWA.v Gowest Gold, 100% bounce with some volume since my post. Link back, read bottom line. Checkmate said, Gowest is about to go!...just last week at .035

Everything falling in place, with the signed LOI for processing agreement w/Glencore Xstrata. Remember, Xstrata wouldn't have moved forward without extensive DD and a clear understanding that Gowest could pull it off. They even hired independent technical professionals to review all the technical information reports and studies.

95k oz/yr gold production 2015, with 60 million CAPEX (needs to be raised) IRR 50%+ with 27mil CF at $1200 gold... Successful Ore sorting or POG could turbo charge production as grades would be up 50% allowing the same processing line to run a head grade of 10- 15gpt allowing for nearer 150k oz/yr.

NI43-101 1.5 million oz cut off 3gpt Market Cap after the recent gain still only $11 mil

Full Feas study coming. Plenty of upside catalysts


Best low Market Cap exp/developer I can find weighing risk vs reward
Checkmate28