posted
Im not trying to pump this thing at all I own 4 million shares and want to buy more and would like to see if anyone else is seeing what im seeing huge volume?
short squeeze perhaps?
Posts: 236 | Registered: Feb 2006
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posted
You're not pumping, but you posted about this stock 3 times in 3 minutes, and your last post is "big news coming" with no information about where you heard that or what the news could be?
Interesting.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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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.
Posts: 236 | Registered: Feb 2006
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quote:Originally posted by PCola77: You're not pumping, but you posted about this stock 3 times in 3 minutes, and your last post is "big news coming" with no information about where you heard that or what the news could be?
Interesting.
I guess Im not too far off
Posts: 236 | Registered: Feb 2006
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posted
"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"
Hahaha! that's a great line.
And that news was released at like 10:30 this morning, so "big news coming" was hardly an appropriate post.
And what do you mean by you guess you're not too far off?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Interesting that 1.5 billion traded and the stock has moved 1 tic. I haven't researched it yet (if at all) but I suspect the O/S is already scary. Doubling it can't be good.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
they have 159 BILLION shares out now! 2 for 1 will mean over 300 BILLION O/S! I think his statement that it can hardly be trading any lower could be challenged, no bid by .0001 is comming soon! JMO!! good luck! CIK: 0000802206
Outstanding Shares: 159,982,492,678 as of 2006-09-11
Estimated Market Cap: 47.994M as of 2006-09-22 (based on Outstanding Shares as of 2006-09-11) Number of Shareholders of Record: 450 as of 2005-06-
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
Umm, when I said over 22bil I meant WAY over 22 Bil. Apparently Yahoo finance page is a bit outdated. Are they diluting like crazy or what? How else could there be 130billion more shares?
YIKES.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: Umm, when I said over 22bil I meant WAY over 22 Bil. Apparently Yahoo finance page is a bit outdated. Are they diluting like crazy or what? How else could there be 130billion more shares?
YIKES.
yahoo finance is notoriuosly inaccurate! check pinksheets.com
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
yeah, i did that right after I saw your post. Recognized the format of your info.
I tyically go to yahoo first because they have info for both OTCBB and pink, and then I confirm on the appropriate one if my interest is piqued.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
its very simple. at this point if you own it keep it. if you don't own it stay far away.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
lol who knows. they have been saying those dividends are coming almost a year now
Posts: 18 | From: Florida | Registered: Sep 2006
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posted
NEW YORK, Sept. 26, 2006, Sep 26, 2006 (PRIMEZONE via COMTEX) -- Great West Gold, Inc. (Pink Sheets:GWGO) announced on September 8, 2006 that the Company was conducting an intensive review of its business plan and its operations. This was 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, in and during tomorrow, be announcing a very significant change to the Company's future plans and to its operations. These very aggressive corporate actions are being brought about due to the consistently low stock price, which, in the Company's opinion, is primarily due to Naked Short Selling. This appears to be a sentiment shared by hundreds of concerned stockholders who have advised the Company of such in their E Mail correspondence with the Company. This Company will be ensuring that its stockholders are credited on the correct "Pay Date" and that only stockholders registered as at the "Record Date" will benefit from the Forward Split of the Company's Common Stock on September 5, 2006. This aggressive and determined decision was taken by the Company's Management, based upon previous experience whereby stockholder accounts were not correctly credited with their Stock Dividends and where Stock Dividends were credited far past the Pay Date, with no rational or logical explanation. This action, we hope, will serve to deter Naked Short Sellers from their illegal and prejudicial activities.
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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posted
Great West Gold, Inc. (Pink Sheets:GWGO) confirms as per its announcement dated September 8, 2006, that the Company has conducted 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. These drastic changes are being brought about due to the consistent lack of performance in the Company's stock price.
This Announcement is being kept very brief, but the Company will be issuing detailed announcements on each of the corporate actions as outlined below, over the next few days. These corporate actions are designed to immediately "unlock" significant value for the stockholders and to, hopefully, eliminate the massive discount between the Company's Stock Price and its Net Asset Value per share of Common Stock.
-- To Acquire "Swansea", "Tip Top" and "Mineral Mountain" Copper Mining Projects
-- To distribute stock to its stockholders in the remaining six Mining Holding Companies
-- To dispose of all of its Mining Interests to three quoted OTC Pink Sheet Companies through Reverse Mergers. Will result in the creation of two new quoted Gold Mining Companies and one quoted Copper Mining Company.
-- To distribute all of its Mining Assets to its stockholders, the Mining Assets will all be held in the three new OTC Pink Sheets Mining Companies
-- To make a significant acquisition in another Industry Sector and to exit the Mining Sector in the next three months
Other Corporate Actions:
-- St James Capital Holdings, Inc. acquires all outstanding Loan and Promissory Notes held against Great West Gold, Inc. from various third parties
-- Considering a "Stock Buyback" Programme with a third party Investment Group. The Investment Group has commenced their stock buyback, with the acquisition, to-date, of 550 million shares of the Company's Common Stock, all purchased of which was purchased in and during this week
-- Will definitely be appointing an Auditor to bring the outstanding Filings up-to-date
-- Will definitely be making an application to return to the OTCBB Market
The Management of the Company has decided that stockholder interests are not being served by any further acquisitions in the Mining Sector and that the Company's existing Mining Projects require immediate further exploration with a view to eventual production. To this end, three of the Company's most valuable Gold Projects will commence further exploration work without delay. The Company completed these additional acquisitions as announced today, solely for the purpose of significantly enhancing the value of these three new quoted Mining Companies. Management of the Company has recognized that true value can only be created for its stockholders through this "break up" and distribution of the Company's Mining assets; and to leave the Management of these Mining Assets in focused and more experienced hands. Stockholders will be better served by announcements of the Mining Exploration Results instead of further Corporate actions and more acquisitions in the Mining Sector.
The Company's assets are being split into three separate quoted Companies through Reverse Mergers with existing quoted Companies on the OTC Pink Sheets Market, two of these Companies will focus on Gold and one of these Company's will focus on Copper.
Great West Gold, Inc. will hold a significant stake in each of these three quoted Mining Companies, these interests to be held in Western Diversified Mining Resources plc, a wholly owned subsidiary company of Great West Gold, Inc.
Great West Gold, Inc. will not be involved in the day-to-day operations of these three Companies as they will be managed by independent Management.
Great West Gold, Inc. will be announcing the "Record Dates" and "Pay Dates" next week for the last six Stock Dividend distributions.
Great West Gold, Inc. will, through Western Diversified Mining Resources plc, own stakes in these three companies. Great West Gold, Inc. intends to make a substantial acquisition in another Industry Sector, which upon completion, will result in change in the Company's Name and Trading Symbol. At this time, Great West Gold's remaining stockholding in these three Mining Companies will be distributed entirely to Great West Gold, Inc. stockholders and Great West Gold, Inc. will exit the Mining Sector.
The allocation of the outstanding Stock Dividends in respect of Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Sentinel Resource Holdings plc, Copperstone Mining Holdings plc and Golden Eagle Mining Holdings plc are ongoing, as promised. The Company expects these to be completed shortly. Computershare Trust Company, Inc. has been appointed as Transfer Agent to these Companies. These shares are being held "on book" by the Transfer Agent to these Companies. The Transfer Agent will advise shareholders in writing as to the shares held "on book" on their behalf by the Transfer Agent.
Stockholders will be advised shortly, as to the detailed descriptions of each of the Mining Projects owned by the Company, the Exploration plans for various Mining Projects and their approximate valuations. At this time, the main exploration work will be focused on the "Mockingbird", "Bouse" and "Bonanza" Gold Mining Projects as they are the most valuable Projects in the Company's portfolio.
The Corporate Website will be updated this weekend to reflect all of these Corporate actions, and in greater detail.
About Great West Gold, Inc.
Great West Gold, Inc., www.greatwestgold.com, is a gold mining exploration stage company engaged in the acquisition and exploration of mining properties in the United States. The Company has Gold assets through its holdings in "Bouse", "Mockingbird", "Ambassador", "Yaba", "Golden Eagle", "Bonanza", "Storm Cloud", ""Starlight", "Venezia", "Federal", "Buffalo Lime Cap", "Red Cloud", "Storm King", "South Copperstone" and "Gladstone Lookout" Gold Mining Projects. The Company's Copper assets are "Copper Mountain", "Swansea", "Tip Top" and "Mineral Mountain". The Company holds five of these Mining Assets through its 48% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The others are 100%-controlled by the Company but 42% of each of these Companies is being distributed to Great West Gold, Inc. stockholders shortly.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Posts: 2 | From: Kansas | Registered: Aug 2006
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posted
Great West Gold, Inc. Confirms the Forward Split of its Common Stock
Update: 10:44 PM ET Oct 10, 2006
NEW YORK, Oct 10, 2006 (PrimeZone Media Network via COMTEX) -- Great West Gold, Inc. (Pink Sheets:GWGO) confirms that the two for one Forward Split of its Common Stock is effective as of today. Eligible Great West Gold, Inc. stockholders, who held stock as at the Record Date, should have their Broker Accounts credited with these Dividend shares of the Company's Common Stock today, this being the Pay Date. Those stockholders who hold restricted shares of the Company's Stock will have their Dividend Shares credited today, these Dividend shares of the Company's Common Stock will be held by the Company's Transfer Agent, "on book."
marketwatch has Shares Out: 1.07M ????? Market Cap: 214 Avg Volume: 578.09M
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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By PrimeZone Last Update: 10/12/2006 11:38:06 AM Data provided by
NEW YORK, Oct 12, 2006 (PrimeZone Media Network via COMTEX) -- Great West Gold, Inc. (Pink Sheets:GWGO) announced on September 27, 2006 that it had made further acquisitions. The Company confirms the acquisition of the below-mentioned Gold Mining Projects, as follows: Hassayampa Gold Interests Limited which own the "Storm Cloud," "Venezia," "Starlight," "Buffalo Lime Cap," "Red Cloud," "Buffalo," "Federal" and "Gladstone Lookout" Gold Mining Projects.
Bonanza Gold Limited which owns the "Bonanza" Gold Mining Project.
Stockholders are referred to the Restructuring Announcement dated September 27, 2006. The Company will shortly be announcing plans to merge these two recently acquired Gold Companies with two other Mining Interests owned by Great West Gold, Inc., namely Treasure Kingdom Gold Holdings plc and Monstro Verde Gold Holdings plc. These companies will be the subject of a "Reverse Merger" with an OTC Pink Sheet quoted Company, to form Great West Gold, Inc.'s second "quoted" Gold Mining Company distribution. Great West Gold, Inc. is de-merging its Gold interests into two separate quoted Companies and its Copper interests into a third quoted Company.
Great West Gold, Inc. would continue to hold the largest stockholding in the new (second) OTC Pink Sheets quoted Gold Company after this Reverse Merger. Great West Gold, Inc. would distribute this stockholding to its stockholders at a later stage, as it intends to exit the Mining Sector and acquire a Company in another Industry Sector, within the next three months.
Stockholders will be kept updated as to the detailed explanations in respect of the Corporate Actions announced on September 28, 2006.
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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posted
Yep... I own 1000000 at .0001 and cant sell them for .0002 will take .00015 if any takers?
Posts: 1101 | From: Georgia | Registered: Apr 2006
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