Herd On The Terrace EditorialGolden West Resources - ASX Code:...

Herd On The Terrace Editorial

Golden West Resources - ASX Code: GWR

Saturday 20th June 2009



Today the Chairman published his latest letter to Shareholders. Great news it was to! Clean Grade Ore, more resources declared and so on and on.........



It may be well to remember that High Grade and very clean grade Iron Ore is not the only resource this company has.



The word 'Golden' as in gold is not in this companies title by mistake. According to 'The Ear', who is back in town, the next announcement from this 'gem' may just have something to do with gold. Gold, beautiful gold!!



Another little 'pearl' dropped by 'The Ear' on during his last call was that the 'blue' over the GWR shares currently held by FAS was not far from a decision.



It appears that the delay in selling this parcel is definitely not because no one is interested in acquiring them. Rather that the current custodian of them 'knows what they are worth!!'. That combined with the recent update? Upgrade to Clean Ore and resource status of a considerable quantity of the known and proven ore, enhances that value is making contenders sharpen their pencils. Current shareholders may live to regret being in a hurry to sell. Maybe one should sit back and smell the roses for a week or three before selling.
I strongly suggest you make good inquiries before doing so!!