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GWGO?

Started by IAmTheMan, August 28, 2005, 02:00:59 PM

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IAmTheMan

Any views on this stock. Seems like a shell for now. I seen some shells goto huge amounts in price. SPEA was one recently.

Is this a buy at .0005? Even if it goes to only .00050 still a bargin.

evgeny05

Hi !

Great West Gold, Inc. - Funding Secured
Company Confirms That It Has Secured Additional Funding
Sep 16, 2005 7:00:00 AM
NEW YORK, Sept. 16 /PRNewswire-FirstCall/ -- Great West Gold, Inc. (OTC Bulletin Board: GWGO) has secured additional and sufficient funding from various thirds parties as were required by the Company to meet its obligations to create the new two OTC Mining Companies, the shares of those new Companies to be distributed to the Company's shareholders. The Company now has sufficient funding in order to consummate all of its planned acquisitions and to fulfil its promises to its shareholders in respect of the promised restructuring of the Company to "unlock" significant value for its shareholders.

This funding allows the Company to immediately consummate the acquisitions as previously announced. This funding is unsecured, interest free with no fixed terms of repayment. The third parties who advanced this funding may at a later date agree to convert these loans into restricted shares of the Company's Common Stock.

UNSECURED LOAN NOTE :-

St James Capital Holdings, Inc. which holds a Loan Note from the Company in the amount of US$1,500,000 is assisting in these transactions and has agreed not to demand a conversion of this Loan into restricted shares of the Company's Common Stock at this time.

UNSECURED ADDITIONAL LOAN :-

The Company is indebted to Sloane Holdings Limited ("Sloane"). Sloane has agreed that this funding to the Company is unsecured, interest free with no fixed terms of repayment. Sloane may at a later date agree to convert these loans into restricted shares of the Company's Common Stock.

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.


   This release was issued through Major Newswire
(http://www.majornewswire.com)

SOURCE Great West Gold, Inc.



----------------------------------------------
Great West Gold
Inc.
+011-270-21-423-2920
investor@greatwestgold




Good luck.
Evgeny.

gmarc66

Hmmm.....that news may do something...i have played this stock before for some moderate price moves...could be a very good buying opportunity here today at .0005 or .0006, before and if it moves from this news.

Thanks for bringing it to  my attention evgeny05...i will be watching it closely today...and may jump in if i see its got some movement.

goodluck ;D

julia



evgeny05

Hi !

GWGO + 50%
VOL - 57.789.325

Good luck.
Evgeny.

drexler

Julia
  has this been a multi day runner in the past when it had news, or just one day and then falls back?

gmarc66

In the past that i have noted it went up a little for a couple of days then would fall back...it was a good channel play then....hope it still is now...but, not sure if this will go much higher...i will sell at .001 if i can. Who knows what monday will bring?

However, keep an eye on it as you never know which way these pennies will go.

If you got in at .0005....perhaps think about taking some off the table just in case...this penny in my experience has been volatile..and you have an opportunity to take profits at this point. Be cautious.


sometimes better to be safe then sorry...just my opinion.


good luck

julia



gmarc66

2 news releases this morning... hopefully make this puppy move further today...im in at .0008.

September 23, 2005 - 7:00 AM EDT     

Great West Gold, Inc. - Restructuring Update
Company to Complete on Windsor Resources, Inc
.

NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- Great West Gold, Inc. (OTC Bulletin Board: GWGO) confirms that is now completing the sale of 49% of its owned subsidiary company, Western Gold Limited to Windsor Resources, Inc. The Company is disposing of its additional 51% interest in Western Gold Limited to a recently created subsidiary company of Great West Gold, Inc., Western Diversified Mining Resources, Inc. Western Gold Limited controls the 'Bouse' Gold Mining Project in Arizona.

Western Diversified Mining Resources, Inc. will remain as a wholly owned subsidiary company of Great West Gold, Inc. at this time.

WINDSOR RESOURCES, INC.:

This company will obtain a separate quotation on the OTC Market as soon as is possible. It is intended that this Company will raise additional cash to develop this Mining Property. All of the shares in this Company will be distributed to the shareholders of Great West Gold, Inc.

SHAREHOLDING STRUCTURE OF WINDSOR RESOURCES, INC.:

Western Diversified Mining Resources, Inc. will hold 102,000,000 shares of restricted shares of Windsor Resources, Inc. ('Windsor') These shares will remain under the control of Great West Gold, Inc. at this time. Great West Gold, Inc. will hold a direct interest in Windsor in the amount of 98,000,000 shares of Windsor restricted Common Stock. These shares will be distributed to the shareholders of Great West Gold, Inc.

The balance of the shares in Windsor will be held by a number of external investors and by Management of Windsor. These shares are being issued by Windsor after the acquisition of Western Gold Limited by Windsor. This will result in a dilution of Great West Gold, Inc.'s interest in Windsor.

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

ACQUISITION:

The Company will now be immediately acquiring interests in another industry sector, which will result in the Company entering another business sector.

NAME AND TRADING SYMBOL CHANGE:

The Company will shortly be effecting a change in its name and its Trading Symbol to reflect the acquisition.

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.


AND

September 23, 2005 - 7:00 AM EDT     

Great West Gold, Inc. - Stock Dividend

Company to Distribute Its Shareholding in Windsor Resources, Inc.
NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- Great West Gold, Inc. (OTC Bulletin Board: GWGO) confirmed that it is distributing its entire direct shareholding in the amount of 98,000,000 shares of Common Stock in Windsor Resources, Inc. to Great West Gold, Inc. shareholders of record as of October 31, 2005.

Windsor Resources, Inc.:

This company is seeking a quotation on the OTC Market. The Company is confident that this admission to the OTC Market will take place on or before October 31, 2005.



gmarc66

For those who didnt notice this sub-penny run today...it did so on excellent volume.
Supposedly there is a squeeze-trigger price of .0006 as i see on other boards.

Well...lets see if this continues its run tomorrow...go penny go. ;D

Closed up 133% today. 1645 trades, 1.63 bil. shares traded

There was news yesterday.


February 27, 2006 - 1:24 PM EST           

Great West Gold, Inc. - Further Placing of Shares for Cash; Company Confirms That It Has Placed Additional Shares for Cash To Fund Acquisitions

Great West Gold, Inc. (OTCBB:GWGO) confirms that has raised an additional US$1,000,000 in cash through a placement of restricted shares of the Company's Stock to a private investor. The Company is not filing a Registration Statement in respect of these shares and this investor has agreed to hold these shares as restricted under Regulation 144.

This cash has been raised to assist in the cash portion required for acquisitions planned by the Company in and during this week.



doyerdiligence

Quote from: gmarc66 on February 28, 2006, 11:32:54 PM
For those who didnt notice this sub-penny run today...it did so on excellent volume.
Supposedly there is a squeeze-trigger price of .0006 as i see on other boards.


yes this price was from http://www.buyins.net/
i've been curious to see how it will react now that the price is here
Increased Liquidity found at www.otcmovers.com

gmarc66

HEy Doyer....keep eye on it today...there is 2 prs out this a.m. GLTA! ;)

Wednesday, March 01 2006 9:05 AM, EST
Great West Gold, Inc. - Share Price
NEW YORK--(BUSINESS WIRE)--March 1, 2006-- Great West Gold, Inc. (OTCBB:GWGO) has been inundated with enquiries as to yesterday's share price rise of 133% with in excess of the 3.1 billion of the Company's shares being traded.

The Company assumes that a lot of Naked Short Sellers are covering their positions and the Company is of the opinion that the Company's share price remains enormously undervalued. The acquisitions being announced on Friday March 3, 2006 are likely to force a lot more Naked Short Sellers to cover their positions and the Company remains positive that the share price will recover to more realistic levels very shortly.

The Company wishes to point out that no Registration Statements have ever been filed by this Company to create "free trading" Stock from restricted shares issued for cash or to settle various acquisitions whatsoever.

AND

Wednesday, March 01 2006 9:04 AM, EST


Great West Gold, Inc. - Acquisitions
NEW YORK, N.Y.--(BUSINESS WIRE)--March 1, 2006-- Great West Gold, Inc. (OTCBB:GWGO) announced an February 16, 2006 that it will be making a series of acquisitions. The Company placed another tranche of its restricted shares for cash in and during this week in the amount of US$1,000,000 to assist in the funding of these acquisitions. No Registration Statement will be filed for these share issued for cash.

The first three acquisitions have now been agreed and are being finalised and all of the pertinent details will be announced to the market on Friday March 3, 2006. These acquisitions are of enormous value to the Company and will dramatically increase the Net Asset Value per share.

Due to the size of these acquisitions, they are to be funded through a small issue of restricted shares (and no Registration Statement will be filed for these share issued), the issue of a Convertible Loan Note and a guarantee in the amount of US$10,000,000 issued for and on behalf of the Company by St James Capital Holdings, Inc. Certain other unrelated parties have undertaken to issue guarantees and to participate in a further placing of shares for cash to fund these acquisitions on Friday March 3, 2006 (no Registration Statements will be filed for these shares issued and these shares will remain as restricted under Regulation 144). These transactions are being structured in such a manner so as to avoid dilution of shareholder value.

Shareholders will be advised as to the full details of these acquisitions on Friday March 3, 2006 a Form 8-K will be filed in and during next week.

The Company confirms that it is not planning a "Reverse Split" of its Common Stock.

The Company web site is being updated at this time to accurately reflect the position of the Company and its restructuring. The Company apologises to its shareholders for this delay.

St James Capital Holdings, Inc. which holds a Loan Note in the amount from the Company in the amount of US$1,750,000 has confirmed that it does not intend to convert this Loan Note into restricted Common Stock at this time and when it does so decide to convert this Loan Note into restricted shares of the Company's Common Stock, it will not request and the Company will not file a Registration Statement for these restricted shares of the Company's Stock issued in settlement thereof. St James Capital Holdings, Inc. has provided an additional guarantee to the Company in the amount of US$10,000,000 to assist in the funding of these acquisitions.




higherstocks

You in Julia?  I have a buy order in at .001

Wax

Filled for project @ .0009 at open. Thankfully

higherstocks

Got filled .001.  >:D

Wax

ARCA breaking every SEC rule known to man on this. OTC is making me ill.

gmarc66

WEll...as usual i have some sort of problem with my ignorant brokers  Trade Freedom, canadian broker...dont use them!!!!  THeir routes were down..so was unable to sell my GWGO and ADOT at the highs this am as i planned to...instead i sold them both at the lows.and barely made a dime....i just cant catch a break.

Goodluck to u guys..today is a down day...hopefully tomorrow everything will be on the move again...seeing alot of red today

But, GWGO is holdign up well..i may rebuy later.

take care guys!


julia