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Great Western Mining & US Oil & Gas – An Observation or Two

Tom Winnifrith Thursday 29 November 2012

 

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Tin hat on I offer up a couple of thoughts on our favourite oil and gas joke company valuation play US Oil & Gas (USOP) and a little company on AIM, Great Western Mining (LSE: GWMO). You see they are from the same stable and the connection does not end there. Both companies were set up in Liam McGrattan’s pub in, how can I put this, one of the less salubrious parts of Dublin. It is the sort of place where I try to overcome having an English accent by ostentatiously wearing an old London Irish rugby shirt. These days there are different folks fronting up the operations but if they wanted to they could share on travel expenses as while US’s Brian McDonnell heads off to Nye County Nevada to look for his oil, Western’s Emmett O’Connell heads off to Mineral County Nevada to look for his uranium, gold and silver. And guess what? These two counties are right next to each other.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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FREE Podcast: ShareProphets Radio Edition EIGHT with Tom Winnifrith, Frisby, Bramhill & Friel

In this eighth edition of the ShareProphets Radio podcast, sponsored by Yorkville Advisors, in order I discuss my guest next week (the biggest name yet on the show) and Burford (BUR) and the more genberal issue of revenue recognition. I then chat for about an hour to liberatrian comedian, songwriter and singer, Brexit Party activist, gold & bitcoin guru Dominic Frisby. Prepare for a few laughs.  Then it is Cathal Friel of Open Orphan (ORPH), where I am a shareholder, and finally David Bramhill of Union Jack Oil (UJO). After that section I discuss nearology with reference to Union Jack, UK Oil & Gas (UKOG) and more generally.  If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.

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