Great Western Minerals Group Looks Optimistically To Future

Mining Weekly reported that Great Western Minerals Group (TSXV:GWG) said its quarterly loss was narrowed and the company is positive about the future.

As quoted in the market news:

The company’s revenue was up by 7% to $4.48-million compared with a year earlier, boosted mainly by it fully owned manufacturing subsidiaries Less Common Metals Limited (LCM) and Great Western Technologies, which posted a consolidated manufacturing revenue increase of 5.7% over the first quarter of 2011.

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