Monday December 22, 2014
What sort of country do we live in? UKIP, immigration & poison
Reasons to divorce the Mrs – Giving money to Simon bloody Cowell of X-Factor
Weekly Video Postcard #94 - Christmas & why West Ham needs to send me to Greece (urgent plea) edition

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When will Great Western Mining run out of cash?

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- Tom Winnifrith

ave written before about AIM Listed Ireland based Great Western Mining (LSE:GWMO) noting that it shares far too many connections with mega joke valuation company US Oil & Gas (USOP). I note that today shares in Great Western are off by 16% at 2p valuing the company at £1.3 million. It doubt very much that it is worth that much. To me the only question is when shareholders will be put out of their misery by this company running out of cash. Its accounts are presented in an “interesting” manner and so long suffering suckers, oops, I meant shareholders may not have realised how grim the picture is.

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