quote:

---

Originally posted by Stockstar69:
And yet another day with over 100 million shares traded. 3rd day in a row. Volume was averageing about 20-30 million per day until Wednesday.

Thinking logically and knowing the PPS is .0001 who (besides the company) would throw over $30,000.00 in the course of 3 days into a sub-penny stock?

Like I said...sumthins up.

---

I forgot to mention these aren't 100 million share blocks. They are smaller trades throughout the course of the day. Somebody is also paying multiple commissions.
 

---

Posted by jdiddy on :
 
well it can only go up!!
 

---

Posted by Livinonklendathu on :
 
That aint' major volume


Outstanding Shares: 319,964,985,356

as of 2006-10-10
 

---

Posted by Vinnie on :
 
The float is huge. at 300 billion, this stock will never move with 100 million volume.

Probably just product of pumping.
 

---

Posted by Stockstar69 on :
 

quote:

---

Originally posted by Livinonklendathu:
That aint' major volume


Outstanding Shares: 319,964,985,356

as of 2006-10-10

---

It is when it is 5 times the average! It's been that way for a few days now.

I agree with your point of view on the outstanding shares but I'm just talking about the daily volume. Either we have a bunch of new investors or ?

Wednesday, Thursday, & Friday were big volume days AND I finally got a response back from the company (the new CEO none the less). I can't help but think somethings going to happen in the next few weeks.
 

---

Posted by Livinonklendathu on :
 
Ah, yes agree it is above average. My point was more along the lines of "peeing in the ocean".
 

---

Posted by Stockstar69 on :
 

quote:

---

Originally posted by Livinonklendathu:
Ah, yes agree it is above average. My point was more along the lines of "peeing in the ocean".

---

quote:

---

Originally posted by qbarat2:
[QUOTE]Originally posted by Wino Ph.D.:
[QB] I got my shares from the first split. Although I know some people have said they did not. Just what I need another million shares of worthlessness.

No I mean the distributions. I got my shares from the split too. I am talking about from around Nov. 2005.

http://greatwestgold.com/index_b.html

---

Sorry wrong link. This is what I was talking about.

http://greatwestgold.com/ir_stockdividends.html
 

---

Posted by tmanfromtexas on :
 
Thanks Stock for taking the time to send that email. If you get any info please share if you can. Thanks, TMAN...
 

---

Posted by Stockstar69 on :
 
If I lived in Phoenix (I may in a year or 2 coincidentally) I would look into buying this company and putting an end to this nonsense.

I mean, if I can't get a good explanation of why the CEO is splitting this thing I need to wonder if he understands how a stock split works? Seems he thinks you just get twice as much stock but the price stays the same?? The press release does say immiediate shareholder relief.
 

---

Posted by Vagabond on :
 
That's because at .0001 with a 2 for 1 split your portfolio would show twice as much stock for the same price hence a 100% increase.

quote:

---

Originally posted by Stockstar69:
If I lived in Phoenix (I may in a year or 2 coincidentally) I would look into buying this company and putting an end to this nonsense.

I mean, if I can't get a good explanation of why the CEO is splitting this thing I need to wonder if he understands how a stock split works? Seems he thinks you just get twice as much stock but the price stays the same?? The press release does say immiediate shareholder relief.

---

quote:

---

Originally posted by Vagabond:
I'm in GWGO and here is why. They have a track record of running between .0001 and around .003 or so. They let the company die to bring it down and then "fix" their web site, throw out a bunch of news, management changes, bla, bla, bla and up it goes for another round. Momo change beginning now. Can be slow to respond because of high O/S and lots of bag holders. But the people behind the scenes at GWGO know what they're doing. But that's JMO

GLTA

---

quote:

---

Originally posted by qbarat2:
Yeah I have no idea either. I am very curious as to what is going to happen. I think everyone's going to try to dump them as fast as they got them or dump half of them right after the record date but I dont think much of the orders will go through as everyone tries to do the same thing. Who in their right mind would buy this stock at .0001 after the split date?

---

Maybe they will try a 100 for 1 revers split in a few months to get rid of the googleplex of shares?
 

---

Posted by casviper on :
 
they need to retire shares if they want to get investor support.
 

---

Posted by Stockstar69 on :
 
This is Rediculous...

The market just opened and 103,000,000 shares traded the first minute.
 

---

Posted by Wino Ph.D. on :
 
Hey the price actually moved up. First time in months
 

---

Posted by Stockstar69 on :
 
Yes, I was shocked. I could have sold at .0002 and doubled my "investment" ha ha. I'm trying to sell 5 million shares at .0002 if anywone is interested but then again if you can get it for .0001 go for it.

Big Money Here...LOL
 

---

Posted by qbarat2 on :
 
I cant believe it. it might actually hit 1bill in volume today. All I know is my portfolio looks good with GWGO at .0002. I dunno how easy it would be to sell those shares at that price though....
 

---

Posted by Vagabond on :
 
Watch this one take off, should have no problem selling at .0002 in the next day or two, if that's what you want to do. But it might take a few more days. GLTA

Vagabond
 

---

Posted by Vagabond on :
 
Once again from the new management (president) of GWGO:

"....I am in a position to assure stockholders that all outstanding dividend issues as well as appointment of Auditors are matters that we have in hand at this point. Stockholders may rest assured that the Company is not contemplating a Reverse Split of the Company's Stock nor is the Company altering its plans to unlock stockholder value as a matter of some urgency. Please appreciate that I will announce all of our plans once finalized and that I will publicise these in great detail, very shortly.....

I will, very shortly, be issuing a Press Release detailing our resolution of each of the outstanding problems that are of enormous concern to both myself and to stockholders....."


Vagabond
 

---

Posted by qbarat2 on :
 
I like this CEO! He actually reponds to the questions. Before when you emailed we would get a generic response of some sort.

Vagabond, thanks alot for the information and email you sent them. =)
 

---

Posted by Vagabond on :
 
You're welcome for the info, but I didn't send them an email. that's an excerpt from the recent company PR.

quote:

---

Originally posted by qbarat2:
I like this CEO! He actually reponds to the questions. Before when you emailed we would get a generic response of some sort.

Vagabond, thanks alot for the information and email you sent them. =)

---

 

---

Posted by Vagabond on :
 
GWGO will rise!

Vagabond
 

---

Posted by Stockstar69 on :
 
I have had 5 million for sale at .0002 for several days now but no takers. Looks like we are either buying it for .0001 or getting it free.

Confusing but I may cancel my sale as I'm starting to like the feeling I'm getting lately from the company. Good PR's and answering emails, oh, and a new CEO...Hmmm, I even thought about buying more but came to my senses as I figured 15 million shares was plenty.
 

---

Posted by qbarat2 on :
 
LOL my bad... Volume is slowing down a bit though
 

---

Posted by Stockstar69 on :
 

quote:

---

Originally posted by Stockstar69:
I have had 5 million for sale at .0002 for several days now but no takers. Looks like we are either buying it for .0001 or getting it free.

Confusing but I may cancel my sale as I'm starting to like the feeling I'm getting lately from the company. Good PR's and answering emails, oh, and a new CEO...Hmmm, I even thought about buying more but came to my senses as I figured 15 million shares was plenty.

---

quote:

---

Originally posted by qbarat2:
LOL my bad... Volume is slowing down a bit though

---

Yep, only 700 million shares traded today (so far).
 

---

Posted by qbarat2 on :
 
Hrmmm I expected it to rise today for the last people jumping on board for the split...

Looks like thats not gonna happen though =(
 

---

Posted by PCola77 on :
 
qbarat, today is not the last day to "jump on board" to get the split.
 

---

Posted by casviper on :
 
why would anyone buy. when the split occurs the pps is cut in half. there will be no buyers to bring the pps up.
 

---

Posted by PCola77 on :
 
the thinking is that (and the company even stated this in the PR, Ugh...) the price is at .0001, so if they do a forward split, shareholders will have 2x the shares, but can still sell at .0001, so an instant 100% gain...

I'm not sure if the company is playing dumb, or just doesn't care that, in all likelyhood, the supply doubles and the demand goes to virtually 0, and thus instead of being able to sell at .0001, holders won't be able to sell at all.

quote:

---

Originally posted by casviper:
why would anyone buy. when the split occurs the pps is cut in half. there will be no buyers to bring the pps up.

---

 

---

Posted by casviper on :
 
the price will go to .00005
 

---

Posted by PCola77 on :
 
Well, in theory it should, but you can't trade in intervals less than .0001, so it won't go down to .00005.
 

---

Posted by Stockstar69 on :
 
Funny...Although millions/billions of shares trade daily for .0001 we are all talking about it.
 

---

Posted by PCola77 on :
 
It's like Anna Nicole Smith, total garbage, but everyone's talking about her right now.
 

---

Posted by Jenna on :
 
Holy cow, Anna Nicole is dead!!!
 

---

Posted by PCola77 on :
 
Gee, you're quick Jenna. It happened like 2 hours ago
 

---

Posted by Stockstar69 on :
 
Yep, she was right up there with the National Enquiror and Howard Stern...

Let's concentrate on the stocks.
 

---

Posted by casviper on :
 
GWGO DOWN 100% Last sale .0000000000000

WORTHLESS

Last Sale: 0.00
Change: -0.00010

Percent Change: -100.00
 

---

Posted by PCola77 on :
 
And the "split" didn't even happen yet. Well the company got what they wanted. They doubled shareholder value!

2 x 0 = 0...
 

---

Posted by Stockstar69 on :
 

quote:

---

Originally posted by PCola77:
And the "split" didn't even happen yet. Well the company got what they wanted. They doubled shareholder value!

2 x 0 = 0...

---

quote:

---

Originally posted by PCola77:
And the "split" didn't even happen yet. Well the company got what they wanted. They doubled shareholder value!

2 x 0 = 0...

---

quote:

---

Originally posted by PCola77:
Reverse aplit means this:

Say you bought 100million shares at .0001. You have $10,000 worth.

Right now you have 100million shares "worth" .0001, but in reality, no one is buying them.

If they do a reverse split it would decrease your number of shares while supposedly increasing the share price by the inverse ratio.

So say they do a 1:1000 reverse split. That means that instead of having 100million shares, you'd have 100,000 shares, and the price SHOULD adjust from .0001 to .10 per share. So you SHOULD still have the same $10,000 worth that you do right now. Problem is, everyeone else who owns this stock is in the same position as you, and if they do a reverse split everyone will most likely run for the exits, dropping the price rapidly.

And that all depends on the company making the decision to do a everse split, which they may not.

---

That was really helpful .. thanx man .. i hope the company should do something about it. thanks again
 

---

Posted by Romeo on :
 
well..... shares has been doubled .... 100% gain...but still the problem is how to sell...
 

---

Posted by Stockstar69 on :
 
We need some good news to get some new buyers...Even if they buy at .0001 and we sell at .0001 since we have twice as many shares now I would hope we could sell some of our shares??
 

---

Posted by Stockstar69 on :
 
Anyone have any news? I haven't seen anything lately.

I'm trying to sell some shares at .0001 and can't. WTF I don't really want to but I need some cash for AURC.
 

---

Posted by Stockstar69 on :
 
Has ANYONE had any luck selling at .0001 ?

I have not. I changed my order from all or nothing and still can't get it to move. Today I reduced the quantity to sell by 1/2 and still can't get it to sell.

I am in no way selling all of it or even a majority of it but I would like some free cash to pursue AURC.

Any ideas? Anyone?
 

---

Posted by PCola77 on :
 
I'll try to put this as nicely as possible. But basically, just like I thought would happen. the company completely screwed you. They either knew it and didn't care, or are really dumb. Because while the proce can't drop below .0001, techinically doubling the value of your shares, NO ONE is willing to pay .0001, so now you can't sell at all, effectively costing you your entire investment.

Write it off an move on. If it ever runs, think of it as a bonus.
 

---

Posted by Stockstar69 on :
 
Strange but true? I hope not.

The fact that it is still showing with volume and trades going through means it's not dead yet. There have been perios where the company was silent before dropping PR's to the public so maybe we just need to be a little more patient.

Yes, I said that...Be more patient.
 

---

Posted by PCola77 on :
 
haha, you have no choice but to be patient since you can't physically sell

True, there is volume, but I'm guessing people like you and me would be at the back of a LOOOOOOONG line of orders.

quote:

---

Originally posted by Stockstar69:
Strange but true? I hope not.

The fact that it is still showing with volume and trades going through means it's not dead yet. There have been perios where the company was silent before dropping PR's to the public so maybe we just need to be a little more patient.

Yes, I said that...Be more patient.

---

quote:

---

Originally posted by PCola77:
haha, you have no choice but to be patient since you can't physically sell

True, there is volume, but I'm guessing people like you and me would be at the back of a LOOOOOOONG line of orders.

quote:

---

Originally posted by Stockstar69:
Strange but true? I hope not.

The fact that it is still showing with volume and trades going through means it's not dead yet. There have been perios where the company was silent before dropping PR's to the public so maybe we just need to be a little more patient.

Yes, I said that...Be more patient.

---

---

Who do you think is buying then?

Somebody else besides us must think there is a chance of GWGO up.
 

---

Posted by PCola77 on :
 
There has been under $1600 traded so far today. I wouldn't get excited until some decent volume came in.

And actually, since I think you technically can sell at market, some trades may go through for significantly UNDER .0001. I haven't paid enough attention to see if that has happened, but with 16mil in volume, it's going to take a long time before all of the shares for sale at .0001 will get bought.
 

---

Posted by Stockstar69 on :
 
I was just browsing the GWGO web site and ran across this. Looks like there are some notes due 3/1/07 which are guaranteed by St. James Capital. Anywone have any takes on this info?

Promissory Notes :-

Investment Group (Funding of acquisition of Treasure Kingdom Gold Mining Limited) - US$1,000,000
Investment Group (Funding of acquisition of Monstro Verde Gold Mining Limited) - US$1,000,000
Investment Group (Funding of acquisition of Copper Mountain Mining Limited) - US$30,000,000

These Notes carry an interest rate of 8% per annum and are redeemable on March 31, 2007. These Promissory Notes has been guaranteed by St James Capital Holdings, Inc.; and in the event of Great West Gold, Inc. defaulting on this Promissory Note, St James Capital Holdings, Inc. will be liable to the vendors in the capital amounts as aforesaid plus interest and would be forced to issue that amount so owed, in its shares of Common Stock in St James Capital Holdings, Inc.; to aforesaid Investment Groups.
 

---

Posted by Stockstar69 on :
 
News on the GWGO website...
 

---

Posted by Stockstar69 on :
 
Sorry about that. I couldn't copy it at first.

Great West Gold, Inc. – Corporate Update
Company issues an update to its Stockholders
NEW YORK, NY, March 1, 2007, Great West Gold, Inc. (PINKSHEETS : GWGO)
wishes to update its stockholders on its plans and to address outstanding issues
that are being managed by the Company’s new President, Mr Peter J Bezzano.
Mr Peter J Bezzano, the President of Great West Gold, Inc. stated that he has, for
the past two months, been familiarizing himself with the Company, all
outstanding issues affecting the Company's credibility and more importantly,
numerous stockholder concerns. He has now, read all of the stockholder
communications with the Company and is now fully aware as to the immediate
requirements and the demands of our stockholders and the Company’s
bondholders.
OUTSTANDING STOCK DIVIDEND DISTRIBUTIONS:-
The Company is immediately resolving the issue of the outstanding stock dividend
distributions with the Transfer Agent; this is expected to be resolved without any
further delay. This is in respect of the dividend distributions in: Bouse Mining
Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc,
Copperstone Mining Holdings plc and Sentinel Resource Holdings plc. The
Company expects to report a satisfactory resolution within days.
APPOINTMENT OF NEW AUDITORS:
The Company has this matter in hand, certain accounting details are being
finalized and upon this completion, the new Auditor appointment will be
announced. This is expected to be completed very shortly as there is no reason
for any further delays.
OUTSTANDING FILINGS:
It is the priority of this Company to bring its filings up to date immediately. We
foresee no problems in this, given that we expect to appoint the new Auditor
within days.
APPLICATION TO BE REINSTATED ON THE OTC BB MARKET:
This application will be made at such time as the Company’s filings are up to
date. We do not foresee any problems nor should this exercise take an inordinate
amount of time. This application cannot be made until the Company has brought
its filings up to date.
UPDATE OF CORPORATE WEB SITE:
The various changes required to bring to the corporate web site up to date and to
make it more informative, have been approved, and will be reflected on the web
site within days.
FUTURE PLANS:
The Company remains committed to enhancing stockholder value and is at this
time, continuing the finalization of our stated plans to create to three separately
quoted Mining Groups (Two Gold Groups and One Copper Group), each to be
quoted individually. The strong commodity prices have attracted a lot of
unsolicited interest in this Company, from various third parties. We are at this
time, evaluating certain proposals and will hopefully be in a position shortly to
report back to our stockholders. We do not intend for this process to be delayed
any longer.
GENERAL :
Further to stockholder inquiries, we can confirm the following :
- The Company is not, at this time, contemplating a Reverse Split of its
outstanding shares of Common Stock.
- The Company is looking at an acquisition in a related Industry but is
unlikely to close such an acquisition prior to the distribution of its Mining
Assets to its stockholders.
- The Forward Split of the Company’s Stock has been completed and all
stockholders should in possession of their additional shares of Common
Stock.
 

---

Posted by Stockstar69 on :
 
The volume is picking up !
 

---