posted
ohhh yah! I've been in this and have taken 2 of the dividends. Unfortunately the stock price seems to be go ing down and each dividend add more shares to the float.
One of the recent press releases mentioned yet another acquisition AND major re-evaluation of the business in order to get the stock price to go up. A few small things in the near future and this could quadruple like it did a few months ago.
quote:Originally posted by casviper: if you don't own it... STAY FAR AWAY!!!!! For those of us who own it, we are stuck or have to take a lose.
if I only knew then what I know now. I bought on the news that it was to release the audit's SOON..... well, it's only been aprox 6 months AND looks like perhaps another 6 months before I can think of selling. When it moves, will we want to sell? Sometimes it's worth the wait, we'll see.
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Great West Gold, Inc. (GWGO) - Monday's shares stayed even at $0.0003 per share with a total of 79,669,320 shares traded. On Sept. 14, 2006, Great West Gold, Inc. confirms as per its announcement dated September 8, 2006, that the Company is at this time conducting an intensive review of its business plan and its operations. This is in response to the consistently low stock price which values the Company at a massive discount to its underlying value. Management cannot and will no longer continue to allow stockholder value to suffer due to the non-performance of the Company's stock price. Stockholders are advised that the Company will very shortly be announcing a very significant change to its future plans and to its operations. These drastic changes are being brought about due to the abject lack of performance in the Company's stock price.
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Great West Gold, Inc. (Other OTC:GWGO.PK - News) confirms that the Company authorized a 2 for 1 Forward Split of the Company's Common Stock.
This Forward Split is effective from Thursday October 5, 2006 and that will serve as the ''Record Date''. The Company has already increased its Authorized Share Capital as required and has filed Notice of this action with the NASD.
This Stock Dividend will be electronically credited to stockholders brokerage accounts shortly after the ''Record Date'', being Thursday October 5, 2006. Those stockholders who are not holding their stockholding with their Brokers or hold restricted shares of the Company's Common Stock, will receive their Stock Dividends in certificated form, to be held by ''on book'' by the Company's Transfer Agent.
As announced, the Company will be announcing, this week, the restructuring and refocus of the Company, following an intensive strategic review of the Company's Mining Projects, Management and operations. Management is determined to unlock value for shareholders and given the massive discount at which the stock is trading compared to its Net Asset Value, Management is embarking upon this aggressive series of corporation actions following their strategic review, assisted by external Consultants to the Company.
The rationale for this Forward Split of the Company's Stock is that the stock price could hardly be trading at a lower price than it is at this time, and this action will hopefully see an immediate doubling of stockholder value, as from Thursday October 5, 2006.
This Forward Split of the Company's Common Stock is the first of a series of significant Corporate Actions, all of these to be announced this week.
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posted
Great West Gold, Inc. (Other OTC:GWGO.PK - News) confirms that the Company authorized a 2 for 1 Forward Split of the Company's Common Stock.
This Forward Split is effective from Thursday October 5, 2006 and that will serve as the ''Record Date''. The Company has already increased its Authorized Share Capital as required and has filed Notice of this action with the NASD.
This Stock Dividend will be electronically credited to stockholders brokerage accounts shortly after the ''Record Date'', being Thursday October 5, 2006. Those stockholders who are not holding their stockholding with their Brokers or hold restricted shares of the Company's Common Stock, will receive their Stock Dividends in certificated form, to be held by ''on book'' by the Company's Transfer Agent.
As announced, the Company will be announcing, this week, the restructuring and refocus of the Company, following an intensive strategic review of the Company's Mining Projects, Management and operations. Management is determined to unlock value for shareholders and given the massive discount at which the stock is trading compared to its Net Asset Value, Management is embarking upon this aggressive series of corporation actions following their strategic review, assisted by external Consultants to the Company.
The rationale for this Forward Split of the Company's Stock is that the stock price could hardly be trading at a lower price than it is at this time, and this action will hopefully see an immediate doubling of stockholder value, as from Thursday October 5, 2006.
This Forward Split of the Company's Common Stock is the first of a series of significant Corporate Actions, all of these to be announced this week.
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