Great West Gold Inc. (GWGO.OB)

[mhertz]

Anyone have any thoughts on this company? Trading at $0.0004 p/share, paying a cash dividend of 25% for shareholders of record as of January 31.

Thanks!

[stockviper]

I bought some of this fo rthe dividend play. Actually I read where it is a 25% stock dividend compared to a cash dividend.

[stockviper]

Yep, just verified...stock dividend. There was another press release Friday with additional details.

[stockviper]

I'm somewhat on the fence... I bought some of this as a specualation.

Although it's a penny stock it is still offering the 25% stock dividend.

Stock price is currently at .0004 per share BUT $1,000.00 worth of stock will get you $250.00 after the dividend. 25% is 25% whether it's a penny stock or Google.

[mhertz]

remember, it's a stock dividend, not a cash dividend. essentially you're getting more investment in a potentially "worthless" company.

[stockviper]

True...but it is a speculation. Have to do homework...GW owns 5 seperate companies/divisions.

I think there are some others on this board who own this stock so good luck to all.

[stockviper]

for a trade!

I just looked at the 5 day chart for this. Every day this stock bounces between .0004 and .0005. If you buy 1,000,000 shares at .0004 and sell it at .0005 that's $100.00 profit. Looks like you can do this several times a day.

I was in this for the dividend at first but now I think I'm going to start trading it to make some quick cash.

[stockviper]

Started bouncing up to .0006. Between .0004 and .0006 the last 2 days.

If this was between $4.00 and $6.00 everyone would be clammering over the great trading range.

Thoughts/comments?

[Tooty]

IVOC.OB is sort of like the same thing...

[stockviper]

Ivoc does look similar! I'll have to keep that one on my radar for a while.

Ivoc may even be better as they have 10 times the volume of GWGO. Price is the same, between .0004-.0006. GWGO has a 25% dividend hitting Monday so we will see what effect that has on things.

Ivoc has more high profile product coming in drug stores in March and more volume.

[Tooty]

Yeah, check out USXP. It was at .00022. I didn't get in on it but... Hubba hubba! 8O

[Tooty]

Sorry people don't do the penny stock thing just becuase there is hype. You can really get burnt. I am just noticing these stocks.... Some times they are fun to watch. :D Be careful. 8)

[stockviper]

USXP...holy crap! 400%...in 1 day ?

Can't be in all of them!

[Tooty]

NIce bum rush! :o

[stockviper]

Back to .0004 this morning. I put a sell in at .0006 for 500,000 shares. We will see if it goes. ?? Maybe it will bounce to .0007 (oh yeah!).

[Tooty]

LOL which one! :D

[stockviper]

GWGO...(sorry).

[Tooty]

Ivoc.ob is winning!! :lol: just kidding... up 60%

[stockviper]

Hmmm, down to .0003. Good buying opportunity as it normally trades between .0004-.0006. I wonder if the low is due to a selloff to obtain the shares for the 25% dividend. Stay tuned.

[stockviper]

Great West Gold, Inc. –
Proposed Acquisitions




TODAYS NEWS


NEW YORK, NY, February 14, 2006, Great West Gold, Inc. (OTC BB: GWGO) confirms that it is in negotiations to acquire a series of companies through the issue of restricted shares of the Company’s Common Stock and through certain small cash payments.



Shareholders will be kept updated on the progress of these acquisitions.

[Tooty]

Hey Stockviper can you explain this news on IVOC.ob

http://biz.yahoo.com/bw/060215/20060215005097.html?.v=1

[stockviper]

Tooty,

I can't find the number of outstanding shares to calculate the actual payout on the dividend but the reverse stock split would turn the current price of the stock which is .0009 to .18. The split would reduce the amount of outstanding shares by 200%.

This one may be a good one to watch.

[Tooty]

Is correct if one had 100K shares at .0009 that it would turn into 500 shares at let's say .18? So, nothing really happens when they have a reverse split as far as value, but what is their intention? I guess they want a buyback too. Something is going on with IVOC.ob. hmmm. stay tuned.

[stockviper]

Found the outstanding shares. 9,880,000,000 that's 9.88 BILLION!

1.5 million $ divided by the amount of shares comes to the dividend amount .00015 cents per share.

Your 100,000 shares would get you a $15.00 dividend.

[mhertz]

There are a few reasons why a company may chose to do a reverse stock split (as IVOC announced) -- it "doubles" the stock price, therefore making it seem more reputable, and also therefore doubles the earnings per share, since there will now be 1/2 as many shares as before.

The dividend payout of $1,500,000 divided by the 9,880,000,000 shares outstanding does work out to $0.00015 p/share, which is equivalent to about 20% (calculated at a p/share price of $0.0008) -- not bad at all!

Hope this clears up some q's!

[Tooty]

I'm wondering if you can help me out on this Ivoc.thing? I'm in at .0005 and have 300,000 ($150) and it has been creeping up now down. then this news came. On other forums the decision is to sell. with a 1/200 split at .0002, buy back... that would leave me at 1500 shares at .04 (Iguess) so that's $60 plus a $45 divdend. I think I can get screwed if I dont get out and then maybe pick up back later after the adjustment. I hope my math is correct what's your opinion. Also GWGO I got in at .0003

[stockviper]

Great West Gold News...Finally a tidbit of information to follow up the nes from the other day. Sure wish this thing would start going up as I am getting bored. Every time I get bored I want to sell something.


Great West Gold, Inc. - Acquisitions
Thursday February 16, 12:09 pm ET


NEW YORK--(BUSINESS WIRE)--Feb. 16, 2006--Great West Gold, Inc. (OTCBB:GWGO - News) confirms that it will be acquiring a series of companies through the issue of restricted shares of the Company's Common Stock and through certain small cash payments. The Company is expecting to place another tranche of its restricted shares for cash in and during next week. No Registration Statement will be filed for these share issues for cash or for the acquisitions.
These acquisitions will be of considerable value to the Company and will dramatically increase the Net Asset Value per share.

Shareholders will be advised as to the full details of these acquisitions in and during and a Form 8-K will be filed.

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.

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.

[Tooty]

I got the 25% stock dividend... I hope this one does something, but yeah you're right. Boring. was down to .0002 a few times, but where can it go. One place huh? up I hope!

http://www.hl2.ru/images/news/hl2-gold-bar.jpg

[stockviper]

Nice Picture Tooty. I wouldn't mind a few of those.

[Tooty]

Nothing like big ole gold brick to cheer you up!

[stockviper]

Call me crazy...but I just entered a good till cancelled buy at .0002 for 1,100,000 shares.

It's been at .0003. Somethings gotta give with this stock. I'm getting bored though. It bounce to at least .0003/0004 or bust!

[caine]

NEW YORK--(BUSINESS WIRE)--Feb. 23, 2006--Great West Gold, Inc.(OTCBB:GWGO - News) confirms that the company is on track to admit the five new Mining Companies on an OTC Market in London. All of statutory work for these admissions has been completed.
ADVERTISEMENT


The Company had delayed the process as it was seeking independent and experienced Senior Mining executives to operate these companies and to serve as Directors of these Companies. Great West Gold, Inc. is now satisfied that this process will be completed in and during next week and an announcement to shareholders will be made at that time.

The Company confirms that it intends to announce a series of acquisitions in the next few days.

[Tooty]

Hey Stockviper,

It was at .0004 yesterday for a second. I got it a while ago at .0003. And Yes I feel crazy about this one too. I feel like I'm at the track whipping this pony hard to get above .0003. Lotta shares... did you get the 25% share increase thing?

[stockviper]

Tooty,

Yes, I got the 25% stock dividend. I already have 1,900,000 shares. And currently have a sell order of 500,000 @ .0005 and a buy order of 1,100,000 @ .0002 ongoing.

I think the company realistically has short and long term potential and in the worse case scenario if it goes belly up I'm only out a little $$. On the other hand if it goes to .0010, .010, or .10 I'm sitting pretty. If it goes to .25, .50 or more, hell, I may just retire. I don't think it would do that any time soon as there are billions of shares out there and they may need to do a reverse stock split to get these shares off the market. Till then...holding my breath and laughing day to day.

[stockviper]

Still nothing new with GWGO.

My buy at .0002 and my sell at .0005 are still pending. It's been bouncing between 2 & 3 off and on through the day. I guess my buy order is just to big to fill... :-) .

Wait till next week and we will see what it does. I'm almost getting bored with it but there is something about it that interest me.

[Tooty]

That crazy IVOC.OB I mentioned before up 300% today

[stockviper]

How much IVOC did you have?

[mhertz]

do you know why it shot up that much? i bought it at $0.0006 and sold at $0.0008 for a nice profit, but c'mon -- it would've been a 5 bagger!

[stockviper]

Yesterday's new...IMO $1,000,000 at current share price of .0003 comes out to 3,333,333,333 (3.3 billion shares). If it was at .0002 the take is 5 billion shares or 1/3 outstanding. GWGO had 15 billion shares out there so that's 1/5 total shares. I would think any time you remove 20% shares from the market they become more scarce and should go up on demand. Does my logic make sense or am I off somewhere?

------------------------------------------------

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.

[roy]

Did anybody get into this?

[roy]

Did anybody get into this?
I take it back. It's actually up 100%.

[stockviper]

I guess the news and my logic makes sense. Stock jumped from .0003 to .0005.

Yesterday I changed my by buy order from 1,100,000 @ .0002 to 500,000. I figured the order was too large to fill. It still hasn't been filled BUT my sell order for 500,000 at .0004 was filled. 25% profit on that part...BooYaah!

[myz350]

bought 1.2 million shares at.0001 and selling todayat .0006, still holding 5 million bought @ .0002, and will hold till .0014. Did I hear booyah?! That's right baby! BOOOYAAAAH!

[mhertz]

any idea why this has suddenly spiked?!

[stockviper]

1/5 to 1/3 the shares have been pulled from the market as part of a private sale/placement. It can't be sold for a period of time (not sure how long).

[GDFLS]

Nice call this AM Viper!

I saw it up 33% and hem'd and haw'd, didn't pull the trigger, went for coffee and it was up 133% in no time!!

[stockviper]

Thanks...

I think there is more coming with this one long term.

[roy]

Thanks...

I think there is more coming with this one long term.
ditto

[stockviper]

How is this for ironic...I made enough money on the penny stocks (MSEV & GWGO) to make up for my losses in Google. I know I was lucky but hey, I'll take it where I can get it.

Considering IVOC & TNOG for next plays after I take a day or two to reflect.

[englishman26]

I'm going to hold until it hits $1 and then I'll be a millionaire!! ;)

[myz350]

I only have to wait till it hits .20 to be a millionaire! But I will hold for 5 million instead of 1 million, I don't think 1 mil is enough for me.

[mhertz]

how high do you think this can go?

[stockviper]

Up to .0011 from .0007 yesterday from .0003 the day before..

More news...today but wait till Friday. BooYah! Should be sitting pretty.

[bludevil007]

too late to get in?

[stockviper]

I want to say no, it's not to late and buy more BUT I still have a bunch and am going to ride it up (or down). Since I sold a bunch yesterday and made my money back along with a profit I'm riding with free stock so my opinion may be biased.

good luck (I think it will go higher by Friday)

[englishman26]

It's going crazy! Up like 600% in the last three days. I just sold the portion of my shares from the dividend for the cost of my original investment meaning I just got a bunch of free money and now I have 1 million shares which essentially didn't cost me anything! (Granted they could be worth nothing by next week but this is certainly fun!)

Never too late to get. I have no idea where this is going!!

[bludevil007]

i got in at .009 and tried to sell some at .0014 but could not get the order filled for the life of me, so annoying. it's fallen back now, we'll see what happens.

[stockviper]

.05 ??? (not .005)

Great West Gold, Inc. - Takeover Bid
Wednesday March 1, 12:59 pm ET


NEW YORK--(BUSINESS WIRE)--March 1, 2006--Great West Gold, Inc. (OTCBB:GWGO - News) 'The Company' has been alerted to a Press Release on the Telecentro News Service dated today which reads as follows:-
ADVERTISEMENT


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

Great West Gold, Inc. has not been informed of such a bid for Great West Gold, Inc. and is investigating the validity of this information and is no position to verify this as factual or not at this time. Shareholders will be advised accordingly after further investigations into this matter have conducted.

[bludevil007]

wow, that's amazing. How do we play this? Englishman???

[stockviper]

Blue Devil...it's at .0014 now. I just bought more at .0012.

HANG ON

[bludevil007]

so funny, immediately before the post, my order filled, but im still sitting on a boatload of shares - i stand to make 50,000 if that goes through, and basically doubles my law clerk salary - hahahahahha. Can you imagine!!!

[bludevil007]

also, im curious - when there is a tender offer, how does one respond/accept, etc? if anyone knows, please share the info, for hypothetical's sake.

[stockviper]

This is getting fun...Can't wait till Friday. News...

Hopefully the price will keep going up. If not serves me right for being a pig and buying MOOOORE. (or is that a cow).

[bludevil007]

Cows are acceptable, haha! In terms of risk/reward analysis, i actually think you made an excellent move. Let's sit back and watch this baby churn (pun intended).

[stockviper]

Wow...It just passed 3 billion shares traded and at .0015.

I don't know but I would think that anyone knowing the (very recent) news would not be selling AND if that happens anyone wanting to buy will have to pay a premium.

That being said, if the news is true and you are thinking about buying, don't wait to long.

up up and AWAY !!!

[stockviper]

Forgot to mention up another 75% today (so far).

[mhertz]

did that rumored take-over really say that they would pay $0.05 a share?! that's like 35x it's current price!

[stockviper]

Yep....05. UNREAL...

You know how rumors go though...We will see.

[stockviper]

back up to .0014, that's 100%. Looks like we're trying for 4 billion shares traded.

[NATHAN LLOYD]

I bought twice today.
The first time I decided between advc and gwgo....i got advc.
The second time I decided between GFPE and NWBT...i got gfpe.

I don't gamble this bad. :-(

[GDFLS]

Where did you guys hear about a buy out rumor?

[NATHAN LLOYD]

I almost bought at .45, but the price kept jumping up and I've had bad luck chasing stock to see it fall as soon as i buy.

Choosing ADVC over GWGO...stupid since GWGO is a hot gold comodity.


I still will not sell GFPE till it hits .35...around 10 AM tomorrow.

It's hard to play stocks with only one choice. Next time I'll ask you viper between two stocks.

Take your profit from GWGO.

:)

[stockviper]

Thanks Nathan, but I just got lucky on this one.

I bought IVOC this morning before buying more GWGO. I actually sold 500,000 GWGO 2 times yesterday (now I'm kicking myself) and bought DCN and BCON but that was yesterday.

The news is on Yahoo (along with the hyperlink to the proposed source). The news is also on the Great West Gold Website.

I originally got involved in this because of the 20 percent stock dividend which gave me 375,000 free shares.

[NATHAN LLOYD]

http://biz.yahoo.com/bw/060301/20060301005826.html?.v=1


If this rumor is verified, watch out!

I'm watching.

[stockviper]

Ya, I know...we are all watching!

Now I'm confused. I just checked the quote for volume and it is back below 3 billion shares.

How can it go down? I'm not that blind.

[bludevil007]

im skeptical to add on more to my position. I sold 500,000 shares today at .0013. it was at .0012 at close. First, i wonder how quickly they'll confirm/deny this bid. Second, for all we know there could have been a typo and they meant .005, not .05. We'll see, but i'm definitely not getting out now. I'm really hoping that this is the big payout. I made enough today to almost cover my initial investment and i'm playing with a substantial amount of house money so BOOYAH.

[stockviper]

Big difference between .05 ($50,000.00) and .005 (ONLY 5,000.00) if you have a million shares. But who's complaining if they bought it for $1,000.00 give or take.

Watch it just in case it is a rumor and we have to wait until Friday for the "real" news. Whatever that is...I think it's the announcement of who GWGO is buying but can't remember as my mind is fried after all this today. Hope it can fry again tomorrow and the next day.....

[Tooty]

Stockviper,

Just a reminder:

http://www.hl2.ru/images/news/hl2-gold-bar.jpg

Yeah, that was a whacky rumor....

[mhertz]

let's way the upside/downside. if these rumors are true and it goes for around $0.05 a share, this has tremendous upside. if the rumor is simply that, and turns out to be negligent, what's the downside? back to it's monday open -- $0.0003?

[bludevil007]

i guess that depends on whether or not you believe in efficient markets, haha. I mean, conceivably, the stock could be up this week because somebody, somewhere has known about this bid (or potential for it) and there's trading going on based on that knowledge. Hence why the stock didnt move THAT much after the news. At that point it had already reached its .0016 high, i believe. On the other hand, you could look at that data from a completely different perspective: if I have the timing right, there was little-to-no move after the news. Right??? This stock has simply been climbing over the past few days. the gain today is nothing like the gain over the past few days. there might be a selloff if this is a fake, but i dont think we're headed to .0003.

i just reread my post and realize that its somewhat confusing, but anyways, what do you think?

[Tooty]

Yeah I'll probaly buy more... But something has got to give with aquisitions and so on. I'm not too worried about it because I bought at .0003 plus I got the 25% dividend. Lotta volume and earlier news said no reverse split, but things can change. News is good for this one. I'm hangin' tight.

[stockviper]

Mhertz

Absoposilutely! And we had some fun.

I agree with you. If it was only a rumor I think it would come back down before going back up to the pre rumor amount around .007/8, until the real news gets announced in the upcoming days.

until tomorrow..

[Tooty]

I nearly crapped myself when scottrade had a blip showing .013. LOL, take her easy boy...

[mhertz]

i'm having trouble understanding how a blip could happen like that -- i.e. a trade at $0.013, when bids and asks are at $0.0013...how could it suddenly trade up 10x if there are buyers and sellers constantly at the $0.0013 level? (same goes for other stocks)

[mhertz]

Yikes, some new updates directly from GWGO:
http://biz.yahoo.com/bw/060302/20060302005377.html?.v=1

Looks like this takeover bid could be completely false and made up. Even if it does hold to be true, looks like GWGO may have trouble accepting it (logistically).

Beware of bidding up the stock price...

[stockviper]

Agreed Mhertz...Today may be a slow day if everyone buying the stock actually bothers to read the news but GWGO is supposed to make non-takeover related announcements Friday I believe. May be a good day to sit on the sidelines with this one and wait till Friday or Monday.

[mhertz]

Tomorrow they are just announcing some new acquisitions -- shouldn't be too dramatic. I'd see the best play in this for now is arbitrage, that is, buying if it dips down to $0.0011/12, and selling if it bounces up to $0.0015/16.

[bludevil007]

im wondering if it may even drop below that .0011/.0012 range. If i can double up at .0009 like i did before, that would be sweet. of course, they're not denying the bid's legitimacy. they're simply saying that they havent received one yet. I was going to pick up another 500,000 shares this morning, but i think i'll wait a little and see how it moves.

[mhertz]

i agree. i'd just be skeptical to pay more than $0.0011 at this point. if you can get for less than that, all aboard!

[bludevil007]

I've got an order for 500,000 shares at .0009, my basis on my remaining shares. I made a killing yesterday, so who knows, could get lucky. Otherwise, im willing to let the rest ride. Afterall, if this does turn out to be true, well.....let's not jinx it. :)

[NATHAN LLOYD]

http://biz.yahoo.com/bw/060302/20060302005377.html?.v=1

Not saying much.

[bludevil007]

i picked up another 250,000 shares at .001. Seems to be holding around there. Some idiot accidentally purchased for .005 according to my ameritrade streamer. So, just in case i get lucky, i decided to place a sell order at .01, in case some big dog misses a decimal point.

[bludevil007]

http://biz.yahoo.com/bwml/060302/25676.html?.v=1

Company says its value will treble once the acquisitions are completed. SOunds like good news to me.

[NATHAN LLOYD]

I have money tied up in a stock that has no volume...another newbie mistake.
I saw the news on GWOG at .0011, but no way to buy.
The next stock that I buy will not be one without volume.
I am learning from this forum and I appreciate comments.

[mhertz]

wooo i made a good buck today! bought at the open for $0.0010, sold at $0.0014. looks like we got a present at that low price!

[mhertz]

"treble", i.e. triple in price? wow...that could be huge...

[bludevil007]

the company believes its shares are tremendously undervalued. 3X value might not translate into 3X share price, but still, it looks like there could be some substantial upside here, even without the takeover bid.

[mhertz]

well i made some good money this morning on this -- bought at $0.001 and sold at $0.0014 -- if it drops down to $0.0011/12 I'll consider jumping in again. if the news tomorrow goes as planned, could we see $0.0025 or higher (2x or more)?!

[englishman26]

I actually thought that this would go to 0.0024 pretty quickly today but it hasn't. I'm not selling (because I have invested effectively $0 in this) but to me this is actually a somewhat negative signal for this stock. Could just be that the news release that was somewhat guarded but as the stcok climbed 100% on the first day of this run BEFORE the news, there's definitely some insider messing about here and it's interesting that that news article sort of eludes to this.

[stockviper]

Just bought a few more shares in anticipation of the upcoming news. If it drops lower I may by even more. Seems to be the best thing going the last few days.

[stockviper]

Only finished up 17% today...ONLY! getting used to 75% and 100% daily increases :-).

[mhertz]

i put in a limit at $0.0012 -- it dipped down there twice towards the end of the day but my order wasn't filled. oh well, we'll see what happens with the news tomorrow. could be good, could be bad.

[stockviper]

I just put in another limit order at .0009. You never know.

[bludevil007]

Viper, you buying and selling, or you just accumulating shares? I bought and sold yesterday (half), then when it dropped way down to .001 today, i bought some more. Not sure if i should buying at .001 or .0009 and selling at .0015. My instinct says just to just hold and hold till some great news comes, haha! Im playing with mostly house money anyway now. Holding about a million shares.

[stockviper]

In answer to your question, right now I have 1,250,000 shares. I put another limit order in to buy 250,000 at .0009 which would give me an even 1.5 mil. shares. I really don't expect it to be filled but what the heck. If the price goes up I win, and if it goes down and my order gets filled, great. I expect good news to come from these guys.

I sold 1 million shares the other day to take a profit from my original position (along with the dividend) and average my cost down but the good news keeps coming from GWGO so I'm buying again.

Sold some doggish stocks as well. I figured I could stay with them and keep on losing OR sell them and roll the cash into GWGO. If it goes up I recoup my losses and if it goes down I'm no worse off.

Sometimes you just have to take a chance.

[bludevil007]

alright, i'm in. I have a limit order at .0009 for 500,000 more. We'll see if i get lucky and it dips.

[englishman26]

Thing is, it might only see 0.0009 again on it's way back to 0.0003 (if it goes there - which I hope it doesn't!!)

[NATHAN LLOYD]

http://biz.yahoo.com/bw/060302/20060302005676.html?.v=1

The first three acquisitions have now been agreed and finalised [finaliZed] and all of the pertinent details will be announced to the market at least three hours prior to the Market Open on Friday March 3, 2006. These acquisitions are of enormous value to the Company and will dramatically increase the Net Asset Value per share.

It is anticipated that the value of company will be trebled [trIPled]upon the closure of these acquisitions in addition to the Company diversifying itself from being a Gold Exploration Company.

[mhertz]

3 announcements have been released and lots of PR releases from the company. There was lots of mention of dividends -- not sure what all these announcements and the stock dividends' implications are for the stock price today and beyond.

[NATHAN LLOYD]

I'm a newbie, but how could any of this news be bad?

http://finance.yahoo.com/q/h?s=GWGO.OB

[stockviper]

I expected news but this is rediculous (in a good way). 3, 4, 5 press releases? Looks like GWGO took purchased several company's and some assets in Copper and Silver mines. Looks like some more dividends will be coming down the road for us shareholders. ALL GOOD NEWS.

Nothing new about the reported takeover though. But even without it everything looks positive.

[mhertz]

so where is this headed in terms of stock price based on these press releases?

[GDFLS]

Wow there is a lot of PRs put today. I got in yesterday at .0014, I wasn't sure if that was a good move or not, but looks like a lot of good news, but I must say I am still figuring out what it all means :lol: .

How did the last dividend work? Was it cash or stock? Can anyone of you seasoned guys give some layman terms to what is being said in the PR's about that? Looks like more shares will be restricted for a year as well correct?

[mhertz]

last dividend was a stock dividend - i believe 25%.

i just don't know how to decipher this news -- looks like lots of stock dividends in the future and lots of equity to pay for the acquisitions -- this may negatively impact the share price. then again, if these acquisitons lead to substantial growth, the upside is tremendous.

i really don't know...

[mhertz]

trading higher in pre-market -- up to $0.0017 (albeit little volume - 1,000,000 shares, i.e. $1700 worth)

[GDFLS]

Well I guess we'll have to see what happens today. I guess I could use a class in how to read PRs with Wall Street jiberish :lol:

[bludevil007]

im of the opinion that the takeover bid was fake - intended to draw attention to the company prior to these acquisitions. Stockviper, how long before you start taking some more gains off the table? "strategery" is important.

[GDFLS]

Its fluxing between 57% and 64% gain. right now.

Anyone think it will hit 100% today....

I may take back my initial investment and ride the house's money and see what happens with the dividend.

Looks like it may be paid in the aquired companies' stock?? Did I read that right?

[bludevil007]

yup, pretty soon im going to take back my initial investmetn, but i think this goes a lot higher today.

[roy]

yup, pretty soon im going to take back my initial investmetn, but i think this goes a lot higher today.
I am hoping for .01 by end of next week. Long term, I am hoping this is my retirement.

[mhertz]

seriously? where do you think this is going by the end of the day? week? month?

[NATHAN LLOYD]

I'm looking for a penny. .01

[roy]

I am hoping, I said. It's possible ... who can really tell for sure?

But the company's fundamentals are really strong. New dividends coming up, new acquisitions ... let's just hope for the best.

[mhertz]

a penny by the end of next week, or next month?

[stockviper]

Up to .0024, nice rise aye? I'm thinking about selling 250,000 around this price just to get most of my initial investment back. Let the rest ride.

If the future dividends are in stock (like they where last time) and if they are 20% (like last time) more shares will be release BUT I did see where 5 million shares where placed on restriction (pulled from the market) in order to pay for one of these takeovers. That helps cause the price increase.

[mhertz]

alright ladies and gentleman -- the Hertzy is back in this one for a riiiiide --- let's see $0.003 by the end of the session!

$0.01 by the end of the week? month?

[NATHAN LLOYD]

One minute you see a stock selling at .0025 and 5 min later someone is willing to sell at .0018. How does that make sense?

[roy]

alright ladies and gentleman -- the Hertzy is back in this one for a riiiiide --- let's see $0.003 by the end of the session!

$0.01 by the end of the week? month?
it actually hit .003 at one point today, fat fingers. Let's hope .01 by EO next week.

[NATHAN LLOYD]

I guess cramer would call me a pig, but i don't get it.
If I saw a stock jump to .0024 in a few min, I wouldn't sell at .0016 ten min. later.
Am I stupid or are they stupid?

[mhertz]

haha, they're stupid. this stock should be trading at or near $0.003 at the moment (the way it was trading at the opening bell was far more "fair-value" -- anyways, i'm holding on to see a few bagger with this baby.

[NATHAN LLOYD]

If somone is willing to sell for .0018 or .0019, I'm taking advantage of their paranoia by buying more....Ha!

[stockviper]

Here's my story...I just sold 250,000 but at .0019. This leaves me with an even 1,000,000 shares. I like round numbers, it make it easier to calculate in my head later. This 1,000,000 shares cost me a whopping .0002 cents per share thanks to the previous dividend of 20%. I'll lock this away for a few days in the closets of my mind. If it goes UPPPP, hooray! We should be getting a nice dividend, hooray again. If it goes to .010, .10. 1.00 ?

Maybe they will be bought out if the previous rumor is correct, if so I get $50,000 (not bad for an investment of $300.00. Oh wait, bad Idea since I have to pay tax on that....NOT! :-)

[mhertz]

take advantage of these sales at $0.0018/9 -- this will shoot up and they'll be sorry they left it behind.

[stockviper]

Agreed...I just wanted to lock in my profits and entry prices. I think it will go higher but there are lots of other stocks out there to play with and I can't take thias pace :-o . Actually, I wish all of them were like this but then everyone would be making money and there would be no excitement.

If you don't lose once and a while you don't appreciate the wins as much!

[KJ]

True enough stockviper, I'm just hoping for a good close today, and if it happens I'll keep it through the weekend and hope for some great change on monday! I don't think I'm gonna hold this forever, cause there are a lot of other great plays to be made...

[roy]

How does market react to news like this?

GREAT WEST GOLD, INC. - Appointment of New Management And Directors - http://biz.yahoo.com/bw/060303/20060303005231.html?.v=1

[mhertz]

let's hope for a strong finish -- a nice rise up to $0.003.

[NATHAN LLOYD]

Great West Gold, Inc. will be adding a significant number of "top level" Mining personnel to its Advisory Board and to Management positions in these Companies to enable these companies to gain credibility and to "fast track" the raising of additional cash and to expedite exploration of the various Mining Projects.

They're adding management to manage the new mines they acquired today....makes sense to me.

[mhertz]

yup, appointment of newdirectors is optimisitc - shows initiative and care and that they are serious about maximizing the success and efficiency of new acquisitions.

[KJ]

yes yes, good leadership equals good direction which ultimately equals better profitability. Proof of this comes from last weeks news of Radioshack's CEO lying about his credentials, and the share price falling even more (check out how much they've fallen thus far!!): http://news.yahoo.com/s/ap/20060220/ap_on_bi_ge/radioshack_ceo

Man, I wish I could lie and get hired as a CEO, hehe. Anyways, go GWGO go!

[bludevil007]

I have 750000 shares left that i bought at .0009. I've decided to let it all ride. If there ever was a time to gamble (like, really gamble) on a stock, the time is now. Thanks to TCG's BCON play a few days ago, im so in the green this week it wont matter! Let's do this - .01 here i come.

[bludevil007]

Is there a glitchon my streamer or was there a trade for .003 at some point while i was at lunch?

[KJ]

nah, some poor sucker might have accidentally typed in a bid that high. Let's just hope it gets up there! :)

[mhertz]

there was a trade at $0.003 much earlier in the day -- accident, I guess. i still don't understand how those trades can go through when there is a constant flow of buyers at lower prices like $0.0025, but regardless, it happened.

this one is still going much higher! let's have a nice close!

[bludevil007]

anyone notice the trend in this stock. it seems to shoot up, then fall back and hold about halfway. next day, same thing. anyways, random musing. Hope it's a good close!

[KJ]

these prices are pretty good though (it's on sale!), especially with the recent press releases, I'm hoping this thing starts high next week as well. Either way, it's going to close up with a nice gain today.

[GDFLS]

I think I am going to stick this one out for next week as well. Hasn't come close to my "100% gain take my original investment off the table plan":lol: , so lets see what happens next week and see what they have in store for the dividends.

[stockviper]

GDFLS...

You might need to change your thinking from 100% to 200%, 500%, ?

[mhertz]

GWGO aint going down any time soon -- rather, it's only got upside, and tremendous upside at that! just wait for these press releases to be more widely disseminated and this baby will jump!

here's hoping for $0.01!

[GDFLS]

It'll be sweet if it does go nice and high next week.

How did that stock divident work Viper? They issue it thru your broker I guess? Sounds like a silly question but I never had that...are there broker fees involved?

[englishman26]

I'm prepared to sit this out fo a long time! My investment is this is essentially $0 so it's slike free money whereever it goes. News is all good for this baby at the moment and this truely could become one of those speculative investments that Cramer and Warren Buffet talk about as being irresponsible not to hold onto.

I like the Xkem too - that's exciting - thanks mhertz for that one.

[mhertz]

haha, thanks englishman...

i love GWGO and XKEM -- both have tremendous potential.

i actually had a limit sell order on XKEM at $0.10 and I see that it traded as high as $0.129 (someone's mistake!) but my order wasn't filled -- any idea why? should i be calling ameritrade and yelling at them?

[stockviper]

It'll be sweet if it does go nice and high next week.

How did that stock divident work Viper? They issue it thru your broker I guess? Sounds like a silly question but I never had that...are there broker fees involved?

I had 1,500,000 at the time of the dividend from 3 separate purchases of 500,000 each. I received 125,000 shares for each of my 3 buys for a total of 375,000 or 20% of my 1.5 mill. total. After the dividend through my ST account in Gainskeeper it showed 3 separate purchases of 625,000 shares each.

I didn't have to do anything as it was all handled through my brokerage account. No Fees.

Actually, the 250,000 shares I sold today where the remaining free dividend shares from my 2nd and 3rd original buys.

[NATHAN LLOYD]

Will be up before open on Monday.

[mhertz]

ooo i'm hoping for that too!

[GDFLS]

Thanks for the insight Viper!

[mhertz]

c'mon let's hit $0.002 (or higher!) at the close

[bludevil007]

annoying that it didnt get back up there. I should have sold a little at .0025 and then bought in again at .0018, but im looking at this like englishman is. I've got just 750 of my own money in this thing. It doesnt look like it's going back to .0009. It's funny, im so used to huge gains on this beautiful baby that a 30% return for the day is disappointing! Hope next week is as good at this one was. It's unbelievable, my portfolio is up 33% this week!!!!!!!!

[stockviper]

Congratualations Bluedevil. It's nice when we make money.

I finally reached my break even point TODAY! I started this craziness back in October and would took 1 step forward and 2 steps backs. I regained my $3,000 that I lost and am finally back up.

[NATHAN LLOYD]

I'm losing...I'm thinking about going back to following stockster. I got in at .0023, and I'm eager to see monday. GFPE has bored the crap out of me, but it is showing bullish signs (per candles).
I ordered two books by Toni Turner.
[Short-Term Trading in the New Stock Market] &
[A Beginner's Guide to Short-Term Trading: How to Maximize Profits in 3 Days to 3 Weeks]
I think they'll help. I noticed the chartguru said something good about Toni Turner, which is a good sign.

I'm also moving to low trades. Only 2.99 per trade first month and 5-2.99 thereafter--depending on how many trades I do. Since I don't have much money invested, this will make it much easier to trade without worrying about the commission eating me up.

PS: The opening on Monday will be a good sign as to where gwgo will go. I hope they mention something about dividends early, because that will help.

[bludevil007]

Thanks stockviper! I know the feeling. I started in September or October also with $6000. Then i lost nearly $1000. I made it all back by december and was riding out at between up 400 and down 200. Then suddenly, this week, BAM, up $2000 in three days. Sold most of it out and am more than half cash, waiting for the next big GWGO, or for GWGO to go even higher!!! Next week could be good too, keeping the fingers crossed.

[mhertz]

keep a hold on GWGO -- it's going higher...much higher.

[GDFLS]

keep a hold on GWGO -- it's going higher...much higher.

Thats what I want to hear! :mrgreen:

[glock35ipsc]

I got in this morning with two buys that averaged .0020, in for 100,000 shares. Not much, but this is my first shot at pennies. I've always been a buy-and-holder of big-caps, but those are in DRIPs. I'm ready for some action now!!!!!!

[mhertz]

hehe, welcome aboard!

[mhertz]

up BIG in pre-market -- looking for another super day!

[stockviper]

I spent some time looking at the rest of the internet world over the weekend. Seems we aren't the only bulletin board talking about GWGO.

[mhertz]

haha, all the better! good luck today -- up over 15% already.

[bludevil007]

down 20%. just great.

[GDFLS]

Down right after this PR...any comments??

Great West Gold, Inc. - Further Stock Dividends
Monday March 6, 9:36 am ET


NEW YORK--(BUSINESS WIRE)--March 6, 2006--Great West Gold, Inc. (OTCBB:GWGO - News) confirms that it the "Treasure King" Gold Mining and the Yaba Gold and Silver Mining Projects in Yavapai County, Arizona acquired on Friday March 3, 2006 will be placed into two new United Kingdom Holding Companies and the shares in those two Companies distributed to the Great West Gold, Inc. shareholders.

Great West Gold, Inc. will be transferring its shareholding in Western Diversified Mining Resources, Inc. to a New United Kingdom Holding Company and distributing all of these shares in that new United Kingdom Holding Company to Great West Gold, Inc. shareholders.

These three new United Kingdom Companies will be quoted on an OTC Market in the United Kingdom and on the OTC Pink Sheet Market.

Shareholders will be advised as to the "Record Date" and the "Pay Date" for each of these three additional Stock Dividend distributions, in and during next week.

Great West Gold, Inc. is determined to expedite this process, whereby a total eight Stock Dividends will have been paid to its shareholders thereby allowing the Company to focus on its substantial new Copper interests and on further acquisitions.

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.

[bludevil007]

this is not looking like a good day for GWGO, may give up all the gains from last week, at which point i may double down.

[mhertz]

hang tight - the PR news is good news. this will bounce back up.

[stockviper]

I'm holding tight...may buy more if it drops but the dividends are great. If they do the same thing they did last time with the dividends it would be great. We will have to wait and see.

[stockviper]

Out of curiosity I pulled up GWGO on barcharts.com. Lots of buy signals. Go to the top/right of this page, enter symbol GWGO and click on opinion, then click on go.

The price is hovering between .0017 and .0018. Not really bad considering the run up we had last week.

[mhertz]

back hovering around its open this morning. should be back in positive by close.

[KJ]

Hmm... definitely hovering for a while now, but no fear, expecting a postive close. Strong open this morning in premarket trading, so I'm think there might be more positive trading either at afterhours today or in premarket tomorrow morning.

[mhertz]

agreed -- looks good!

[stockviper]

Slow day today...just taking a breather. Looks like we may be in for a few more slow days after reading the news about the upcoming dividend but at least it's good news as they say "next week". I hate to wait. Arghh! I wan't it now!

Shareholders will be advised as to the "Record Date" and the "Pay Date" for each of these three additional Stock Dividend distributions, in and during next week.

[mhertz]

look it's gone up like 600% the last few days...it's just take a bit of a break. it's only down marginally. it can easily pop right back up - -whatever you do, don't let go yet...just wait for their PR to continue coming in.

[KJ]

agreed, I'd like to stick it out and see what happens from here...

[mhertz]

we're just greedy... hehe. it only dropped $0.0002! don't worry, it's coming right back up to all time highs.

[stockviper]

Agreed, it's just a few 1000'ths of a cent.

Still shows up as red on my screen.

Overall today wasn't to bad. A lot of buying opportunities out there. GWGO was one of them.

[mhertz]

agreed.

we'll be back on the winning track in no time!

[mhertz]

i loaded up on the cheap prices yesterday -- let's hope for a great day and many more to come!

[bludevil007]

down again today. so dumb not to cash out at .0022.

[KJ]

remember: mad money only.

[GDFLS]

I was still ahead til a minute ago.

Not much on this bet anyhow, so I may just hang in there and see what the dividends will be.

Even though it is money I can stand to lose, still stinks to be down!:evil:

[stockviper]

Part of me thinks sell enough just to get to .0000 cost basis and let the rest ride and the other part of me is thinking about buying more at this price cause I'm about as sure as anyone can get that this thing is going higher. I hate this!

When the dividends get announced it will only make matters better but until then the stock might look a little week for the next few days.

[stockviper]

Put my money where my mouth is...Just put in an order to buy 500,000 @ .0010 if it gets there. I don't think it will but you never know. If it does that many more shares. :-o

[GDFLS]

Very good Viper, you have been pretty good with these calls. We should know in a week or so what this will do, I would pick more up but I am out of cash in my account and Scottrade STILL doesn't have a new electronic tranfer set up yet.

Anyhow, we had a trip to the Vet ER last night for my one Siberian, she had a seizure so any extra cash this week will go to pay off that vet bill and the followups!

[InvestingMoron]

Siberians are pretty cool dogs. Hope he/she gets better.....

I did wind up getting in GWGO, but it was just before the dump at .002 so I got a ways to go. Thought about mon-backin at .0014 but I didn't.....I dunno. Guess I gotta hang on to this for a couple days!

[KJ]

i figure good news will follow. this company seems to have some good fundamentals, if it didn't - it wouldn't be acquiring others. That being said, i figure I'll just ride out the fluctuations, take the share dividends and see what the future holds. I would hate to sell my position, forget about the company, then check back in 6 months and see that I could have made 5 times the money, or something crrrrazy like that! :)

[GDFLS]

Siberians are pretty cool dogs. Hope he/she gets better.....

I did wind up getting in GWGO, but it was just before the dump at .002 so I got a ways to go. Thought about mon-backin at .0014 but I didn't.....I dunno. Guess I gotta hang on to this for a couple days!

Thanks! I am pretty sure she will be fine, she is doing well today, normal self.

I got in here at 0.0014 so I am even now, I think it will move higher and again I am sorta looking forward to see what stock dividend we get.

Best case is we get free shares of a company that they will pump and we sell into that pump! Sorta like a low level IPO :D

[stockviper]

Thanks! I am pretty sure she will be fine, she is doing well today, normal self.

I got in here at 0.0014 so I am even now, I think it will move higher and again I am sorta looking forward to see what stock dividend we get.

Best case is we get free shares of a company that they will pump and we sell into that pump! Sorta like a low level IPO :D

.0014 a good price. I threw in my limit order just to bottom fish in case. Anticipation is getting the better of me. I'm constantly checking for PR's.

[KJ]

stockviper, are you up or down right now in your total gain?

[stockviper]

stockviper, are you up or down right now in your total gain?

I'm up about $900.00

[KJ]

wow, nicely done! let's hope for some good news in the short term time frame!

[mhertz]

i'm still confident with GWGO!

it's just letting new buyers in to make some MAAAAD money with us! this will be right back in the $0.002's (and HIGHER!) shortly.

dividends, acquisitions are going to add huge value to the share price.

[stockviper]

Put my money where my mouth is...Just put in an order to buy 500,000 @ .0010 if it gets there. I don't think it will but you never know. If it does that many more shares. :-o

I raised my limit order to .0012 from .0010. Unfortunately I had too much time to think about it and I hadda do it!

[teno4212]

Bought some at .0013, hope that was a good idea!

[bludevil007]

im holding out to see if it drops back to the .0009/.001 area. If so, i'll pull the trigger too. Im still up $300 on it, so i'll be fine with what i have unless it goes back to my basis.

[stockviper]

Bought some at .0013, hope that was a good idea!

Teno...
I think that's a good price. Give it a week and watch for news. Don't check it every couple of minutes like some of us, you WILL go insane.

[teno4212]

Ha ha ha but it's so exciting! Awww Yeah! Awww Yeah! etc, etc...

[stockviper]

I raised my limit order to .0012 from .0010. Unfortunately I had too much time to think about it and I hadda do it!

Got it @ .0012! I don't know wether to be happy or not...Part of me didn't want the order to get filled and the other part of me wants to still buy more. What's the name of Cramer's game? "Am I Nuts?" All the way to the bank I hope.

[mhertz]

two negative days this week. we're all hoping for a good mid-wend week BOUNCE!! and it's coming...don't worry. take advantage of this fire sale.

[bludevil007]

i think we've gotten too giddy with this one. I was up about $1000 at one point and now im back down to up $225. I just have this sinking feeling that it's going to keep falling before it comes back up. Im glad i held out today, although i started getting tempted at .0013. I hope it doesnt fall back to .0003, although that's unlikely. im still thinking waiting till .0009/.001 is a good idea.

[mhertz]

most of our penny plays were down significantly today. don't be too hard on yourself.

[jeffwils]

hey fellas...i am gonna try my luck at the pennies for a bit. GWGO looks like a good one to give a whirl. I was thinking about getting 1,000,000 shares. What's a good entry point? Looking at the 10 day chart the 50 (MA) just went below the 200 (MA) today. Support looks like it's at .0002 and it's at .0012 now. Thanks for the help guys.

[bludevil007]

i think you're right, technically support is way down there, BUT that was prior to a substantial amount of news. Just check yahoofinance to see what i mean. Three new acquisitions that supposedly will treble the value of the company (that announcement was given at a time when the stock price was at around .0014). There was a fake takeover bid, which troubles me, because what kind of company acknowledges an article in Telecentro that it knows is illegitimate. Anyways, there's probably no shot of this thing heading back to .0003/.0002. It ran up as high as .0022 two days ago, and we held on because we thought it could go higher. I still think it has the potential to become a "penny" stock (considering its pretty much "sub-penny" now). This is one that im going to wait out (one of the few penny stocks ive ever held for more than a few days).

Like i stated above, if it gets to .0009/.001, i will buy. For disclosure's sake: i currently have 750,000 shares with a GTC order for 1,000,000 more shares at .0009 and a GTC order to sell 250,000 shares at .002 (just to capture some profits).

My two (.0002) cents, haha.

[TheBullPicker]

how bout them bluedevils. hahaha.
UNC! UNC! UNC!
only kidding, although I have to admit, I enjoyed seeing them go down

[Tooty]

Well if it goes back to .0003 I'll buy more. I think it will possibly decline until the March 31 news comes thur. Seems to be a day traders delight. I guess everyone's on the PCCE bandwagon right now. too bad I have no settled funds. We will see if and when the next stock dividend will do anything.

[stockviper]

Well if it goes back to .0003 I'll buy more. I think it will possibly decline until the March 31 news comes thur. Seems to be a day traders delight. I guess everyone's on the PCCE bandwagon right now. too bad I have no settled funds. We will see if and when the next stock dividend will do anything.

GWGO has turned into a long term vs. day trade for now. I think there will be news coming out in the next few weeks about the other companies they purchased and dividend disbursements. When that happens it should start bouncing again.

PCCE...I probably would have taken my original $$ off the table on PCCE today and let the rest ride but thanks to the settled funds I'll be holding it for another day. I'm not concerned over it as it looks like another long term hold for now.

I hate that settled funds/free ride crap! Since a majority of the money is electronic transfers and the stocks are in street name compared to physical certificates mailed to the owner there is no need for the settled funds hold in most cases. It's just a relic of the good old days before computers took over.
IMO, it's a way for someone to use our money. Probably illegal somehow but who has time to worry about it.

[Tooty]

Yeah, I'd try BKMP.pk at .0003 This one could easliy be a double up play imo

[InvestingMoron]

I'm really hoping to pull a double (.0008) or triple (.0012) on PCCE. I could have had at least one in the past month, but I was trigger happy. At least I made 50%!

Something else that I have been wanting to do but never could was take my half out when it doubled. PCCE looks like it might be my first. It did hit .0008 this morning, briefly.

[jeffwils]

All you get for selling with unsettled funds is a slap on the hand the frst couple of times. I did it and that's all that happened to me...an email with a warning.

[Tooty]

I'm glad they are unsettled I'm getting hammered today. Which makes me wanta get hammered tonight. save my $$$ Yikes, red in the morning saliors warning.

[GDFLS]

I hear ya Tooty.

I am red across my board...yuck...:?

[InvestingMoron]

Only GWGO got me in the red this morning.....
PCCE and TWOG are green and so is my cash!

[mhertz]

I'm waiting for that run of 3-4 days when it jumps 25-75% each day. It's coming any day. Patience...

[mhertz]

Glad to see some upward momentum again!!

[GDFLS]

Glad to see some upward momentum again!!

Yeah brother! Should be getting some news on the stock dividends in the next couple days.

[mhertz]

yup!! and then let's watch it ROAR!!

(up 17% now)

[mhertz]

thrilled to see GWGO finish strong on high volume - a good sign!

here's hoping for a good end to the week!

[Tooty]

Yeah, I'd try BKMP.pk at .0003 This one could easliy be a double up play imo

HEy hey, off the subject but it hit .0006 today $$$

Go GWGO...

[stockviper]

GWGO is down today, Hmmm, can't help but think about buying more but I better not. Remember they will probably be issuing us a dividend in the form of additional stock which they have already announced. We are just waiting for the dates.

Watch GWGO throughout the day but don't consider selling UNLESS there is substantial (bad P/R) which I doubt will happen. Read the news every day or 2 to check and don't worry about the daily price fluctuations, majority of it is just normal buy/sell activity.

Think next week...Like the sign I used to see at Hooters "free beer tomorrow".

[mhertz]

haha, ya just hang tight. good news coming soon, and we'll see it back in the $0.002's+ in no time.

[Tooty]

Here's an interesting quote about PAIM. Perhaps it may shed some light on these 2 stocks.

"The dividend itself has no value. The reason the company decided to give out the Div. is to screw those that have been screwing the company, the shorters. If the company was to send out investigation to find out who is shorting the stock, that would cost lots of $$$$$ and time. So they decided to give out a div. to screw the shorters that wont be able to provide a div.

Now, the shorters are stuck with a dilema... either accumulate back the stock or have to pay the div. that they can't get. So they are gonna buy shares, panic will set in (already has) and the closer the stock will get to the date of the 15th, the more they will try to buy.

This is just speculation of course, but it's all starting to make sense.... If we knew the amount of shares shorted, it would be easier to figure out next week's demand."
calgary_stefan

[KJ]

Thanks for the interesting post, hopefully the shorters will end up buying a ton back, and raise the price for us! :)

[mhertz]

KJ - good thinking! And let's hope for the best...with good news due shortly, hang tight!

[mhertz]

Two new press relesaes just announced:

1) http://biz.yahoo.com/bw/060310/20060310005348.html?.v=1

Summary:

"NEW YORK--(BUSINESS WIRE)--March 10, 2006--Great West Gold, Inc. (OTCBB:GWGO - News) confirms that it will be filing a Form 8 - K by Tuesday March 14, 2006 in respect of the acquisitions of the "Treasure King" Gold Mining Project, the Copper Mountain Copper Mining Project and the "Yaba" Gold Mining Project in Yavapai County, Arizona......Great West Gold, Inc. is planning (in and during March of 2006) to dispose of its shareholding in each of these two companies acquired today, as well as its shareholding in Western Diversified Resource, Inc. to three recently incorporated United Kingdom Holding Companies."


2)
http://biz.yahoo.com/bw/060310/20060310005356.html?.v=1

Summary:
"NEW YORK--(BUSINESS WIRE)--March 10, 2006--Great West Gold, Inc. (OTCBB:GWGO - News) announced on March 1, 2006 after it had been alerted by a substantial number of shareholders, to a Press Release in respect of a purported takeover of Great West Gold, Inc. by Banco Comercial Portugues (BCP). Great West Gold, Inc. has received no communication in respect of this takeover bid and is of the opinion that is not genuine.
St James Capital Holdings, Inc. which has a substantial interest in the Company as well as a substantial financial exposure to Great West Gold, Inc after the acquisitions announced on Friday March 3, 2006; has formally declined to accept any takeover bid for Great West Gold, Inc. at that price per share."



Key info on the reason why the "takeover bid" was declined is in that last paragraph: their leading shareholder - St. James Capital Holdings - obviously believe that the company is valued at more than what the takeover offer price was. This means that presumably, the share price has significant upwards value!!

[rayk]

Seems like with all the recent news...GWGO will shoot up this week. I'm in also!

[mhertz]

i certainly agree. i'm hoping to see in the $.002's (or more!!)

[teno4212]

I've got a sell limit at .0023 just in case I'm not watching and it moves, do you think that's a good estimate?

[mhertz]

i'd say so. might as well cash in some profits, then if need be, buy more there.

[mhertz]

so far so good for GWGO -- up 17% as I speak. Let's hope this is a big week for GWGO!

[stockviper]

I've got a sell limit at .0023 just in case I'm not watching and it moves, do you think that's a good estimate?

Good stategy but are you going to sell all or just enough to get your initial principal back? GWGO could spike on a fat fingered error but if you sell out at .0023 you could miss a run in the future and miss any dividends.

[InvestingMoron]

Someone fat-fingered a trade for .10 today! hahahahah!

[mhertz]

you gotta be extremely lucky to take advantage of a fat finger -- even if you have a limit sell of $0.0022 and someone types in a buy order at $0.022, the chances of your limit sell getting filled at that price (i.e. $0.022) is sllllllllim.

[mhertz]

case in point -- i see a trade went through at $0.10 this morning!! but my limit sell at $0.0022 didn't go through -- you just need to be lucky to get your sell in at that fat-fingered price -- not sure how you could take advantage of it...

[InvestingMoron]

Take a price that you think people are willing to pay (as in .0010) and taking off a zero or two. Could have sold it to that guy!

[mhertz]

but you also have to have the right quantity, right. if i put in a sell limit of 1,000,000 at $0.010, and he puts in a buy of 500,000 at that price, my order wouldn't get filled - right?

[glock35ipsc]

I added another 100,000 shares today to bring my cost basis down.

[englishman26]

"cost basis" is the amount you spend on a stock so buying shares only ever increaes your cost basis.

[mhertz]

what he meant to say was "averaging down"

[glock35ipsc]

what he meant to say was "averaging down"

Yeah, what he said! Thanks :lol:

[InvestingMoron]

Tick, tock, tick, tock.......

What's going on with these boys, anything new?

[stockviper]

Tick, tock, tick, tock.......

What's going on with these boys, anything new?

I know the feeling...hurry up and wait. I just checked Americanbulls and they have GWGO listed as a Buy-If. Is that buy-if they announce some news? Just kidding, but that's better than a hold or sell-if.

I like to buy some more on the little dips but I'm out of cash.

[KJ]

Hmm... there does seem to be a lot of potential with this company in the long term, but damn am i getting impatient! I hope someone buys this sucker out in the near future! :)

[mhertz]

GWGO has a tremendous week two weeks ago; last week was poor, and this week it's flat. Just wait...it'll shoot up once again! If it's not completely bought-out (which would do marvelous wonders for us shareholders in terms of share price!!! wow!!), it will continue jumping in price based on its own acquisitons and operations.

I'm very long GWGO and with much optimism!

[stockviper]

uhoh! I just sold some other stock and I'm being tempted to buy more of GWGO but I'll wait a day or 2. I think I have enough for now.

Take a look at IVOC and IDWD news if you want some other small players with potential.