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GSM Gart.Sml.Co

262.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gart.Sml.Co LSE:GSM London Ordinary Share GB0005323091 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 262.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Gartmore Smaller Cos Share Discussion Threads

Showing 176 to 192 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
05/3/2020
23:33
CORONAL MASS EJECTION...ask yourself why they chose the name corona? because they know whats coming....from the SUN
johncasey
12/7/2019
05:16
brazil record low temperatures
johncasey
06/7/2019
16:47
LISTEN FROM 47MINS IN
johncasey
06/6/2019
05:12
Uneducated, thick and stupid is no way to go through life dave.
professor cuntox
04/6/2019
22:39
Two high level 37,000ft volcanic eruptions in the last week...sheep still unaware
johncasey
03/5/2019
22:13
I THINK GAS PRICES WILL ROCKET NEXT WEEK..THIS COLD WEATHER IS VERY UNUSUAL



SOME SCIENTISTS SAY ITS THE GRAND SOLAR MINIMUM STARTING TO INTENSIFY..FORGET GLOBAL WARMING THIS COLD TREND WILL BE WITH US FOR THE NEXT DECADE AT LEAST...

johncasey
17/4/2019
20:40
looks like NASA agree about grand solar minimum
johncasey
23/12/2018
23:42
I am shocked. I just looked at weatherdotcom (don't want to run afoul of copyrite laws) with their extended weather forecast. For the colder weather forecast for the Northeast (inclusive of western Pennsylvania) in January and much colder in Feb., they mentioned two words. Yeah, they are still on "El Nino". That's two words, eh? But they for the first time EVER (that I have seen) they mentioned solar minimum. Heart stopper, but I saw it even through cataracts. Holy cow.
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Tim Straus
Tim Straus Reality has this effect. However, as one of their main pillars for world government falls on the sword of a reality they can no longer discredit, the AGW globalists and the Deep State One World Government traitors are becoming increasingly dangerous.

The criminal fraud of global warming was designed to enslave us, it almost worked, but their timing was off. It was expected by now that the UN would have total control over all the worlds climate taxes and have implemented agenda 21 & 30, prior to the reality of the Grand Solar Minimum removing the blinders on the worlds people.

As we wake up, the globalist, communist elites will become ever more dangerous as the wounded animal.

Very, very tough times ahead, all within the chaos, civil unrest and agricultural collapse from the Eddy Minimum.

Everything is related. All is at risk.

johncasey
15/12/2018
16:02
'ello! 'Nutter starts own thread'

Never seen that before...

ROTFLMAO!

pvb
17/12/2009
12:57
Arpy2
Nice to see you and A.Fewbob
The GSM plan is to do some more marketing and get the price at 20 cents. Then tney can raise the money they need to do more drilling at MC.
So patience is required here.
Still have my shares.
:-)

smilewithme
17/12/2009
10:36
Well done for keeping us updated guys. I'm still in here patiently waiting.

It's good to see that things are still simmering under the surface. Roge.

arpy2
16/12/2009
02:01
Yep all good stuff! One day the market will waken up here :-)
smilewithme
16/12/2009
00:56
GOLD SUMMIT REPORTS NEW RESOURCE ESTIMATE OF 280,000 OUNCES GOLD AT MONTE CRISTO

December 14, 2009

Gold Summit Corporation ("GSM" or the "Company") announces that it has received preliminary results from the new SURPAC block model of the McLean Lode at Monte Cristo, forming part of a National Instrument 43-101 ("NI 43-101") compliant technical report to be posted on SEDAR within 45 days of this announcement.

At a 1.0 g/t gold cut off, the inferred global resource amounts to 278,923 ounces of gold contained in 1,923,391 tonnes at a grade of 4.51 g/t gold. At a 5.0 g/t gold cut off, the inferred global resource amounts to 173,939 ounces gold contained in 364,767 tonnes at a grade of 14.83 g/t gold. Additional variography and statistical studies are in progress to produce resource estimates at 2.0, 3.0 and 4.0 g/t cut off grades.

Commenting on the new resource numbers, Dr. Anthony P. Taylor, Chief Executive Officer of GSM said: "we have long considered that the McLean Lode has production promise and are very encouraged with the new estimate that clearly points in the direction of a mine scoping study. That may include step out drilling to increase the resource, additional core drilling within the resource to provide a more accurate estimate of mineable widths and gold and silver grades and mine and metallurgical engineering and permitting studies".

The new resource remains heavily weighted by a predominant number of reverse circulation drill results that exaggerate vein widths and dilute grade for gold. The majority of the holes drilled prior to GSM's work were not assayed for silver. Four GSM core holes, in particular, encountered significant silver grades, ranging between 500 g/t and 1500 g/t leading to the conclusion that a significant, but unquantifiable, silver resource exists.

Since the previous NI 43-101 study, completed four years ago, the new study is intended to gauge economic viability given current gold and silver prices. It indicates that, at a cut-off grade between 1.0 and 5.0 g/t gold, there is the potential for a resource to support a ten year, small scale, mine operation. Additional work is warranted to quantify that and a scoping study is planned.

GSM controls approximately 7.5 km strike length of a wide mineralized and altered fault zone at Monte Cristo. The Mclean Lode lies towards the northern end and other mineralized target areas remain to be tested and other similar ore shoots are thought likely to occur. The McLean Lode and containing fault zone has many geological similarities, including host rocks, structural styles, alteration, gangue and ore mineralogy to the famous Comstock Lode 200 km to the northwest, located in the same Miocene age volcanic suite.

Individual ore bodies of the Comstock system are of similar dimensions to the Mclean Lode and with distinct plunge (elongation) directions within the host fault zone. The Comstock ore bodies produced a total of approximately 8 million ounces of gold and 200 million ounces of silver.

GSM currently explores primarily in Nevada for high grade gold and gold/silver deposits that would support underground, low cash cost operations. Apart from Monte Cristo, GSM's other properties cover part of four more Tertiary epithermal vein districts. All these have drill ready targets defined by surface work with potentially economic gold and or silver grades in outcrops or discovery drill holes.

One is the Sugarloaf Peak Prospect in Esmeralda County, Nevada, the subject of a NI 43-101 compliant report, filed November 10, 2009. The Tip Top Mine has indicated and inferred resources of 646,234 tonnes grading 2.9 g/t gold at a 1 g/t gold cut off and column leach tests to evaluate an open pit-heap leach option are in progress.

The 43-101 report on Monte Cristo is authored by Nicole Preuss, M.Sc.,LG, M.Aus IMM, a Qualified Person, as defined in NI 43-101, licensed in the State of Washington.

Larry Kornze, a GSM director and a registered Professional Geologist, designated as the Qualified Person under National Instrument 43-101 has reviewed and approved the contents of this news release.

First Canadian Capital Corp. provides strategic marketing and corporate communications advice to Gold Summit. Contact Jason Monaco: jmonaco@firstcanadiancapital.com 416-742-5600 or1-866-580-8891

For further information, contact Andrea Rascati at Gold Summit's operating office in Reno at (775) 284-7200 or visit GSM's web site at www.goldsummitcorp.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. These statements are based on information currently available to GSM and GSM provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe GSM's future plans, objectives or goals, including words to the effect that GSM or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of GSM's mineral properties, and GSM's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of GSM's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on GSM's forward-looking statements. GSM does not undertake to update any forward-looking statement that may be made from time to time by GSM or on its behalf, except in accordance with applicable securities laws.

This news release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources and reserves, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

a.fewbob
13/6/2009
17:18
hi chris

good to see that you are still around

am quietly confident that GSM will get back to the amount we paid in placement some time ago

indeed took more in the recent placement at ten cents


:-)

smilewithme
13/6/2009
16:20
Gold Summit Corporation ("GSM" or the "Company") announces that a total of 625,000 options to purchase common shares of the Company were granted to directors, officers and consultants on June12, 2009 at an exercise price of $0.20 per share, expiring on June 12, 2014. The grant is subject to regulatory approval
GSM explores primarily in Nevada for high grade gold and gold/silver deposits that would support underground, low cash cost operations. GSM's primary properties, totaling 42 km2, cover four Tertiary epithermal vein districts. All these have drill ready targets defined by surface work, most with bonanza grades in outcrops or discovery drill holes. The company's flagship property, Monte Cristo, contains a National Instrument 43-101 compliant inferred resource estimate of 331,000 tonnes averaging 6.5 g/t gold. High grade shoots that form the heart of the resource are open down plunge and the company plans work to extend these.

chris1983
16/4/2009
22:44
My eyes nearly popped out earlier. ADVFN have GSM trading at $1 in the charts. Can I sue them for emotional trauma? :)
chris1983
05/4/2009
13:31
I do hope so , what a choice 'Golden Mamouth'. Perhaps 'Golden Disaster' would be a better name with the shares at 1 cent. A great example in how Not to run an exploration company. Still maybe my shares will double to 2cents one day.
kickstart
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