GWGO?

[Wax]

Business Wire - March 01, 2006 12:59

NEW YORK, Mar 01, 2006 (BUSINESS WIRE) -- Great West Gold, Inc. (OTCBB:GWGO) 'The Company' has been alerted to a Press Release on the Telecentro News Service dated today which reads as follows:-

A source from Banco Comercial Portugues (BCP) said today:

"that Banco Comercial Portugues will launch a takeover to GREAT WEST GOLD INC. Banco Comercial Portugues (BCP), will notify next Monday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of GREAT WEST GOLD INC shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.

Banco Comercial Portugues (BCP) will launch a takeover bid for GREAT WEST GOLD INC with the payment of $0.05 USD for each of the that responded to the tender offer, this initial offer could reach the limit of price of $0.055 USD for each share of the company".

The source of this information can be accessed by the web link :-

http://www.telecentro.pt/forum/ler_questao.asp?qt=160&varid=3

If I read this correctly this is GREAT.

[Wax]

WOOT WOOT..... look at the POS mms scrambling to cover. This is going to Bank peoples!!
New MM TRAC in the game buying the ARCA ask to bid game.

[higherstocks]

Hey Julia sorry to hear about your broker horror story I have had a few also.  You might want to try etrade, low commissions and they are pretty good at routing orders.  Better luck to you.

[higherstocks]

Wow is this true that the takeover bid could be as high as .055.  Holly @#&%.  What a score!

[basonista]

Hmm... doesn't make sense that someone would pay a 3800% premium for this company.  And if this is good news, why is the stock selling off?  Maybe people haven't heard the news yet?  I'd like to buy based on this news but I'm puzzled as to the news item and the stock reaction.

[Wax]

A lot of people have been in since .0001 and .0002. I am sure a 10+ bagger was enough for many

[higherstocks]

Newa just came out once it spreads we should see a huge pps gain. 

[basonista]

A lot of people have been in since .0001 and .0002. I am sure a 10+ bagger was enough for many

I still don't get it.  Take a 10 bagger when if the news is true, it's a GUARANTEED 380 bagger.  Am I missing something?

In case I am missing something, I'm trying to get an order filled at .0013.  This just seems too good to be true (so it probably is!) but I'll bite.

[higherstocks]

just bought more on the dip back to .0011.  Whoo Hoo lets go GWGO.

[basonista]

OK, time to ROCK AND ROLL!!!!  Filled at .0013 for 2.5 mill shares.  Good thing I don't need the money.

[Wax]

I am loading on dips for the next few days. I will buy this rumour for sure. ARCA has backed off his little games. No risk no reward right 

[catrader]

would you say save here at 0.0014?  what would be your target?  credence in the pr? 

[higherstocks]

I Would say this thing will probally go past .01 with the rumor and then depending what happens there continue to .05 or drop back to current levels.

[basonista]

If this news is true then it's safe up to .05.  People do stuff to pump though so watch out.  This is HIGH risk stuff here!  Buy at your own risk!

[catrader]

I Would say this thing will probally go past .01 with the rumor and then depending what happens there continue to .05 or drop back to current levels.

at 0.01 would be a 7 bager at 0.05 a 35 bagger.  why would this bank pay such a high premium?  couldn't they just buy the shares in the open market?