GWGOE >Change Ticker Symbol > GWGO.PK

[Ramsburg]

I'm enjoying this chart, and the lack of sellers.... It's been very difficult to buy this shares, since the Ask is 40% higher then the bid 

[cumulina]

Scary stuff!

   

[cumulina]

Ramsburg: Did you just get yourself 500,000 @ 0.0011?



Cheers!

[gmarc66]

I also just bought in  a little while ago at .0011 x 110,000, just to get in on the action..that was all the cash i had left.

Can anyone approximate how high this will go...and how long will it take?

Thanks very much,

julia
good luck everyone.

[netman]

Trunk,
Thx for your prompt reply

Julia
I think it has the potentail to reach 0.03 atleast as in march.
Ali

[Ramsburg]

Ramsburg: Did you just get yourself 500,000 @ 0.0011?



Cheers!

No... I've bought some yesterday @ 0.0013, but today I was not able to buy yet...

[gmarc66]

OMG! 0.03!
Netman, that would be fantastic...investing with so little for a potential 30 bagger is absolutely the way to go.
Well, i can definitely sit and wait for that investment to mature as it didn't cost me much...so, I won't starve if I sit on that.

Thanks so much,

good luck to all, julia

great pick Saffesite1!

[gmarc66]

Woops, was just alerted by a fellow trader that it is .003 that is the possible expection of GWGO.
But, i liked the .03 price better!!! ...too bad it was probably just a typo.  But, you never know!!! Strange things happen in penny land.

Good luck to All.

julia

[netman]

R u guys still holding GWGOE?

[cumulina]

Yes...but I'm trying to ignore it

It's not really doing anything, is it?

Cheers.

[gmarc66]

yes netman, i'm still holding, not sure what else to do, but wait...hopefully it will be on the move again sometime soon.

good luck

julia

[TRUNK]

I don't have much patience for things that dont move.. dropped mine off at the same place I picked it up .001   Might regret it later, but the restructuring and new sector news was confusing 

[Loffigus]

Still holding mine too.  Hoping for $.003 in the next few days.

[netman]

Great West Gold, Inc. - Acquisition and Restructuring
Wednesday July 13, 12:21 pm ET
The Company confirms It Is to Make an Acquisition and Diversify From Mining Exploration


NEW YORK, NY--(MARKET WIRE)--Jul 13, 2005 -- Great West Gold, Inc. (OTC BB:GWGOE.OB - News) confirms that it is to conclude an acquisition in and during next week as outlined in its announcement dated June 30, 2005.
ADVERTISEMENT


PROPOSED ACQUISITION:-

The Company has agreed terms to acquire interests in another industry sector and this will result in the Company focusing on another business sector. Full details of these acquisitions will be announced in and during next week. Once completed, the Company will be focused on that Industry Sector and the Company's Mining Exploration interests will be held through the Company's shareholding in both Windsor Resources, Inc. ("Windsor") and Sentinel Resources, Inc. ("Sentinel"). At such time as the Company's shareholdings in Windsor and Sentinel are distributed to the Company's shareholders as a dividend, the Company will no longer have an interest in the Mining Sector.

PROPOSED NAME AND TRADING SYMBOL CHANGE:-

Upon the Company's completion of the acquisitions as above-mentioned, the Company will then change its name and Trading Symbol.

MINING EXPLORATION INTERESTS:-

BACKGROUND:-

The Company has announced plans to dispose of its interests in the two Arizona Gold Mining Projects to two newly created companies, Windsor Resources, Inc. ("Windsor") and Sentinel Resources, Inc. ("Sentinel"). It was intended that both Windsor and Sentinel obtain funding to develop these projects independently of the Company and for the shares of both Windsor and Sentinel to be admitted for trading on the OTC Market, therefore these two focused independent Gold Mining & Exploration companies would be better positioned to serve shareholder interests.

PLANS:-

The Company has now in final negotiations to expedite the transactions in respect of both Windsor and Sentinel. If successful, it is the intention of the Company to distribute the majority or all of its shareholdings in Windsor and Sentinel to the Company's shareholders, and at such time as both Windsor and Sentinel are quoted on the OTC Market. The Company will announce the dates upon which shareholders will receive these shares of Common Stock in both Windsor and Sentinel; as a dividend.

The Mining Exploration business could only be financed through the creation of these two new companies, Windsor and Sentinel. The restructuring as set out in this announcement "unlocks" considerable value for the Company's shareholders as they retain shareholdings in the Company's mining interests and now will have an interest in another Industry Sector.

RATIONALE:-

The Company has for some time recognized the fact that its dismal share price performance required a major corporate restructuring and to this end, the Company has examined countless possibilities to unlock value for its shareholders. The rationale was a "Reverse Split" of the Company's stock coupled with a financing of the Company would not be in the interests of shareholders.

DISTRIBUTION (OR DIVIDEND) OF WINDSOR AND SENTINEL SHARES:-

The Company wishes to stress that no restructuring (or Reverse Split) of its outstanding stock will take place until such time as the Company has concluded the transactions in respect of both Windsor and Sentinel. The Company stands by its promise that shareholders will not be diluted further without a significant unlocking of value for themselves. Any shareholders who have acquired shares in the Company through the Company's proposed acquisitions (in another Industry Sector) as aforesaid, will not be eligible to receive these "dividend shares" in both Windsor and Sentinel.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities.

About Great West Gold, Inc.

Great West Gold, Inc. (www.greatwestgold.com) is a gold exploration company that has acquired certain rights to mine for minerals, primarily gold, in Arizona.

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the Company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission.

These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.

[gmarc66]

so what does this mean exactly? is it good?

thanks,

julia