Thank you for your interest in and for contacting Great West Gold, Inc.
I apologise that the neither Company nor myself has not, for a variety of reasons, been in a position to respond to the innumerable shareholder enquiries for the past month and I am sorry, that as usual, I am forced to send a standard response to all shareholder and/or other interested party enquiries. The Company E Mail servers have been very problematic of this period, but are now operating correctly.
I am in a position to confirm (as outlined in our Press Release dated June 7, 2006) that the promised Stock Dividend distributions to eligable Great West Gold, Inc. shareholders and in respect of the below-mentioned companies, will be posted to shareholders within the next seven days :-
I will be announcing further details of these distributions to our eligable shareholders and by the latest, on Monday.
Furthermore, I confirm that Great West Gold, Inc. will be announcing further corporate actions in and during next week. This will include the additional Share Dividends as well as their Record and Pay Dates, as promised to shareholders. Please understand that I am not at liberty to disclose further details in respect of these Corporate Actions until such time as they are announced to all shareholders in and during next week.
The Company has recently retained additional personnel which will facilitate better Investor Relations and most importantly, communication with our shareholders. The Company will be updating its web site in and during next week and will continue to do so in order to keep investors current in their Company's activities. These additional personnel will facilitate the expediting of the filing of the Company's outstanding Forms 10-KSB and Form 10-QSB and the application thereafter to restore the Company to the OTC BB Market. This is a high priority of mine at this time.
I am personally greatly encouraged by the strong Commodity prices and am able to report that the value of the Company's reserves (primarily Gold and Copper), have increased in value by a considerable amount. I am of the opinion that the current and sustainable Commodity prices which have restored many a mining company's fortunes, will do the same for your Company in the near future and I intend to capitalise on these factors to increase the valuation (and hopefully, the share price) of your Company.
It is my intention to focus in the immediate future on updating shareholders with their Company's activities on a very regular basis and to give them a better idea as to the value and scope of the various Mining Projects owned by the Company and to create a favourable Investor relationship with our shareholders which I acknowledge needs considerable work. This will include weekly Press Releases to all shareholders and other interested parties.
Kind Regards
Richard M Axtell President Great West Gold, Inc."
I guess we'll see??
Posts: 65 | Registered: Mar 2006
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posted
Well this certainly looks good! Again, time will tell and since we have waited this long a few more days aren't going to kill me.
Posts: 2498 | Registered: Mar 2006
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posted
Can anyone say "I've heard this all before?". But, like you said Stockstar, we've waited this long, a few more days aren't going to hurt.
Posts: 147 | From: Houston | Registered: Dec 2005
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Do I dare say now may be a good time to buy more GWGO at .0004/5 with all the negativity going around in the market today?
Can't say I haven't thought about it but I have nothing I want to sell at the moment, especially when I think the market will recover from all this nonsense in a day or 2.
Posts: 2498 | Registered: Mar 2006
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posted
I'd say definately yes. Although until the PR comes out (and we know how that goes) the price could continue to drop. If you buy it at .0005 and tomorrow it's at .0004 that's life.
When the news does come out everyone will be happy again and the price will most likely start going up again.
Posts: 2498 | Registered: Mar 2006
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posted
I own this stock so I may be partial, but the email (posted by kenzone above) sent out by the CEO sounds promising. If they follow through with the 10KSB and 10QSB as stated, this week, and include information on divis as also stated, I dare say it may be due for a healthy run. So all said, you may lose your investment if GWGO doesn't follow through with thier promises, but you could stand to make a whack of cash as well. Did anyone think PAIM would run like it has? The same can happen to GWGO.They have a history of runs.Lets hope for good news this week.
Posts: 292 | Registered: Mar 2006
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posted
This stock is once again full of anticipation.
Hopefully they will release a decent PR in the next few days and get everyone excited again.
Although I have liked this company for a long time now the lack of consistent information had me wondering about it even though I received the first round of stock dividends as promised.
Posts: 2498 | Registered: Mar 2006
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posted
I am in a position to confirm (as outlined in our Press Release dated June 7, 2006) that the promised Stock Dividend distributions to eligable Great West Gold, Inc. shareholders and in respect of the below-mentioned companies, will be posted to shareholders within the next seven days :-
I will be announcing further details of these distributions to our eligable shareholders and by the latest, on Monday.
All of the above was in an E-mail from the Pres. of GWGO last Thursday. Well, Monday has come and gone with no news. Just one more instance of not doing what they say they are going to do.
Posts: 147 | From: Houston | Registered: Dec 2005
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Great West Gold, Inc.: Great west gold, inc. stock dividend distribution
Company confirms Distribution of Stock Dividend Certificates
NEW YORK, Jul 18, 2006 (M2 PRESSWIRE via COMTEX) -- Great West Gold, Inc. (OTC Pink Sheets : GWGO) confirms that the Company is now, as promised, completing the distribution of the Stock Dividends in Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Sentinel Resources plc, Golden Eagle Mining Holdings plc and in Copperstone Mining Holdings plc to eligible shareholders of Great West Gold, Inc. The Transfer Agent to each of these Companies will now be commencing with the postage of these Share Certificates to eligible Great West Gold, Inc. shareholders.
The Company confirms the Stock Distributions are as follows :-
Bouse Mining Holdings plc (stakeholder in Western Gold Limited), GWGO is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in GWGO as at November 7, 2005, 28.82 Ordinary Shares are being paid as a Stock Dividend.
Sentinel Resource Holdings plc (stakeholder in Golden Sierra Limited), GWGO is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in GWGO as at November 14, 2005, 19 Ordinary Shares are being paid as a Stock Dividend.
Copperstone Mining Holdings plc (stakeholder in Copperstone Mining Limited), GWGO is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in GWGO as at December 2, 2005, 19 Ordinary Shares are being paid as a Stock Dividend.
Ambassador Gold Holdings plc (stakeholder in Ambassador Gold Limited), GWGO is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in GWGO as at January 2, 2006, 19 Ordinary Shares are being paid as a Stock Dividend.
Golden Eagle Mining Holdings plc (stakeholder in Golden Eagle Mining Limited), GWGO is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in GWGO as at January 4, 2006, 19 Ordinary Shares are being paid as a Stock Dividend.
Shareholders who held their shares in GWGO in Broker "Street Names" at the "Record Dates" as aforesaid will receive their shares at a later date and at such time as their Brokers advise the Transfer Agents as to which shareholders, the various Stock Dividends are to be allocated.
Posts: 2498 | Registered: Mar 2006
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So what is going to happen to all the share holders who own gwgo after those dates? anything?
Posts: 35 | From: Jersey | Registered: Feb 2006
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quote:Originally posted by GSilk316: So what is going to happen to all the share holders who own gwgo after those dates? anything?
These five divis will not affect people who bought after those record dates and people who owned on those dates need to have their brokers contact the transfer agents for GWGO. I'll admit that I was wrong about GWGO as soon as I see these divis in my account.
Posts: 147 | From: Houston | Registered: Dec 2005
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quote:Originally posted by GSilk316: So what is going to happen to all the share holders who own gwgo after those dates? anything?
These five divis will not affect people who bought after those record dates and people who owned on those dates need to have their brokers contact the transfer agents for GWGO. I'll admit that I was wrong about GWGO as soon as I see these divis in my account.
Did you get the 20% extra GWGO stock dividend? I DID!
Posts: 2498 | Registered: Mar 2006
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posted
Yes, I got the GWGO divis back in mid February. That was about the time we were also due to get the divis mentioned above. I'm just excited that they even brought them up again. I have already notified my broker with the press release from today. I'm hopeing for the best.
Posts: 147 | From: Houston | Registered: Dec 2005
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I know it was a little confusing since you could get the 20% GWGO stock dividend but not the other companies stock dividends all dependent on when you actually had ownership of the shares. That being in the past DON'T FORGET there are 3 more sets of dividends upcoming. Those are what I have been waiting for.
Posts: 2498 | Registered: Mar 2006
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I only concerned about the five dididends mentioned above. I sold all my GWGO stock earlier this year and I will not be getting the three you are waiting on; however, I was the share holder of record on the record dates for the other five. Good luck to us both, who deserves it more?
Posts: 147 | From: Houston | Registered: Dec 2005
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quote:Originally posted by bugman55: I only concerned about the five dididends mentioned above. I sold all my GWGO stock earlier this year and I will not be getting the three you are waiting on; however, I was the share holder of record on the record dates for the other five. Good luck to us both, who deserves it more?
Looks like you will be getting free shares then but I don't know if you sold your GWGO at a profit or loss. As of now I'm holding 1 million shares at a small loss but anticipate the share price rising 25-50% when the release the divy PR's. just have to wait!
Posts: 2498 | Registered: Mar 2006
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I just bought some shares last week, I won't be seeing anything like you guys but hopefully a spike in the price will help me out a bit.
Posts: 35 | From: Jersey | Registered: Feb 2006
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posted
Anyone hear from their broker about the divis? I got an e-mail yesterday from Scottrade telling me that they have forwarded the information to the Dividend/Reorganization Department to investigate. As soon as I hear back from them I will post their answer for all to see.
Posts: 147 | From: Houston | Registered: Dec 2005
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After I e-mailed Scottrade, sending them the PR from the 18th, I received this reply this morning.
Thank you for your email. This information has not been provided to DTC or Bloomberg as yet. This information was just starting to be sent out on or about 7/18, so DTC may not have this information until next week. At that time, we will be in a better position to complete your request.
If you have any other questions, please feel free to contact us.
Steve B National Service Center
I will give them another week and then send them another e-mail. I will post any new information I may receive. They say the squeeky wheel gets the grease, I'm going to see how loud I can squeek!! Posts: 147 | From: Houston | Registered: Dec 2005
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quote:Originally posted by bugman55: After I e-mailed Scottrade, sending them the PR from the 18th, I received this reply this morning.
Thank you for your email. This information has not been provided to DTC or Bloomberg as yet. This information was just starting to be sent out on or about 7/18, so DTC may not have this information until next week. At that time, we will be in a better position to complete your request.
If you have any other questions, please feel free to contact us.
Steve B National Service Center
I will give them another week and then send them another e-mail. I will post any new information I may receive. They say the squeeky wheel gets the grease, I'm going to see how loud I can squeek!!
Good work Bugman...keep on squeekn'! At least S-trade confirmed the information was released around the 18th. Great News.
Posts: 2498 | Registered: Mar 2006
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