Goldstone Resources Share Discussion Threads

[htrocka2] 13/10/2014 16:12

Jibba......should be a bit of news on the way shortly....to verify the Consolidation, the STI confirmation and the issue of new shares...(this is not the best sector to be in at the moment....but what goes round comes round)...it's not a dead duck.

[jibba jabber] 13/10/2014 15:55

what mate?

[[e-mail]] 13/10/2014 15:54

just left to cant swim

[tunnelking] 10/10/2014 08:28

Lol,there's the drop,how predictable.Bod still collecting their wages,nice work if you can get it!

[htrocka2] 09/10/2014 15:06

Every one still hanging in there...




ref Jibba, take a look at Aureaus Mining...With many millions pumped into that company, recent Directors buying shares at 21p and first gold being poured in Q1 2015...yet in the last twelve months the share price has gone from £1 to 17p (and still dropping)...at least this is stable and (hopefully)on the bottom. You're better of here than with Aureaus.

[jibba jabber] 08/10/2014 13:37

Yes, a complete ball bag of a stock.

[tunnelking] 08/10/2014 08:26

All quiet again from GRL board.must be due the next drop down soon,we haven't had one in a few weeks lolCmon Jurie ,have you got anything to offer,..... or is this it!

[htrocka2] 02/10/2014 07:15

Related topic..

[htrocka2] 26/9/2014 23:28

Well you can't say they haven't been busy....


I wonder if There's a time factor involved with the subscription shares?


At 0.66p...they've got to go some to be 'in the money' from the current bid of 0.35p......close to 100% from here...and would need to be +200% to be of any value.....good luck to them all.

ps. I should imagine they had to ask and were gtanted permission from STI and UNITY for this issue that was on the cards before STI came onto the scene.




TIDMGRL

RNS Number : 7279S

Goldstone Resources Ltd

26 September 2014

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

Issue of Equity and Director/PDMR Shareholding

GoldStone (AIM: GRL), the AIM quoted company focused on gold exploration in West and Central Africa, announces the issue and allotment of 10,634,223 new ordinary shares of 1p each ("Ordinary Shares") to the Executive Directors and operational management in lieu of remuneration in respect of the period from December 2013 to May 2014 (the "Remuneration Shares").

During February 2013, in an endeavour to conserve funds, the Executive Directors and the operational management agreed to defer 50% of their salaries from 1 March 2013 and to convert such deferred salaries into Ordinary Shares at a price to be determined by the Remuneration Committee at an appropriate time. On 4 December 2013 the Company announced the issue of 14,758,310 Ordinary Shares, comprising 9,918,310 Ordinary Shares issued in lieu of salaries in respect of the period from March 2013 to November 2013 and 4,840,000 Ordinary Shares as bonus shares. Provided that the subscription agreement concluded with Stratex International plc which was announced on 21 July 2014 (the "Subscription Agreement") is successfully completed, no further shares in lieu of salaries will be issued.

The board of GoldStone resolved that 10,634,223 Remuneration Shares be issued and allotted to directors and management in lieu of remuneration deferred during the period from December 2013 to May 2014, equating to a subscription price of 0.66p per share, being the volume weighted average price for the period from March to May 2014.

The interests of the Executive Directors, prior to and following the issue of the Remuneration Shares, in the share capital of the Company are set out below:

Director No. of shares No. of Remuneration Resulting Percentage
held previously Shares holding of enlarged
* share capital
Dr. Hendrik
Schloemann 6,315,443 2,861,226 9,176,669 2.21%
Jurie Wessels 7,411,804 3,195,035 10,606,839 2.56%


* 2,000,000 Ordinary Shares in which Dr. Schloemann is interested and 2,100,000 Ordinary Shares in which Mr. Wessels is interested are owned by discretionary trusts. Whether the relevant director will benefit from the shares held by these trusts is entirely at the discretion of their trustees as there are no vested rights.

Admission to AIM

Application will be made for the Remuneration Shares to be admitted to trading on AIM, which is expected to occur on 2 October 2014.

Following the issue of the Remuneration Shares, there are 414,530,304 ordinary shares of 1p each in issue.

Enquiries

GoldStone Resources Limited [phone]
Jurie Wessels

[phone]
WH Ireland Limited 1666
Tim Feather

[htrocka2] 25/9/2014 22:32

Director Dealings



10/12/2013 Purchase Jurie Wessels 1.58p 2,781,804shares £43,953.00
10/12/2013 Transfer Jurie Wessels 0.00 2,530,000shares 0.00
10/12/2013 Purchase Dr Hendrik Schloemann 1.58p 2,695,443shares £42,588.00
10/12/2013 Transfer Dr Hendrik Schloemann 0.00 1,620,000shares 0.00


£86,541 between them...(that's a lot of money)

[htrocka2] 25/9/2014 09:31

'wonder how Unity and STI will split the entrails ?'


Don't you read these posts stig?.......try post 2800.


ps don't forget AngloGold. Ashanti, who hold the Obusai Licence next to Homase.

AngloGold Ashanti is also a substantial shareholder in Stratex

[the stigologist] 25/9/2014 08:49

all on schedule ?

looks like GRL being taken to the wire

wonder how Unity and STI will split the entrails ?

[totally banjo] 25/9/2014 08:44

25 September 2014

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

PROGRESS ON SUBSCRIPTION AGREEMENT

GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce that the Company and Stratex International plc ("Stratex") are progressing with work on the circular to be sent to shareholders in relation to the proposed subscription by Stratex into GoldStone.

As announced in the final results on 29 August 2014, the Company and Stratex have agreed a revised date of 31 October 2014 for fulfilment of the conditions precedent to the subscription agreement.

The Company will make a further announcement in due course.

[goldenshare888] 25/9/2014 07:55

Looks like all on schedule with STI............

Could be another 10 bagger from here in 18- 24m time..................

[htrocka2] 24/9/2014 15:08

Caspian energy..(CEK)...held these for four years.. and they did nothing, however , now beginning to move.

24th Sept
Price: $0.08 | Change: +$0.03 | %Change: +60.00% (TSX...delisted from AIM)


It'll be the same here....hopefully not as long.

[dick grasso] 24/9/2014 14:06

I’m still holding my GRL shares, for better or for worse. The market conditions were/are something out of the BOD control, are they guilty of naivety and a lack of experience - probably... hopefully with the guidance of the STI management they can continue to build the business into something more meaningful.

They’ve had some bad luck too having had a couple of kicks at goal with Rangold et al. I also think that at a time where interest was high we were probably held back by the investment of Unity.

Very passive on aim these days and don’t poke my head in here very often.

[goldenshare888] 24/9/2014 10:08

Hopefully it will be different with STI director at the helm. I have much more faith in STI directors than GRL ones.

[tallden] 23/9/2014 20:51

Jibba 100% correct. Why would anyone NOT question the management of this company?

[htrocka2] 23/9/2014 20:51

Yes it's been a rough ride...but life goes round in cycles...all the signs are pointing to a severe market correction shortly, probably before Christmas .(DOW now down third day in a row as I write). which bodes well for gold, I'm riding the coming storm out here...but unless your in now, you may miss the bottom in the upturn. I'm staying put.



The macro picture is beyond the bod's control. The whole sector's down....at the moment.....but it will turn.

[htrocka2] 23/9/2014 13:12

Nice to know your still on board G8......in view of the fact that I'm now aware that directors of the company read this thread...that I'm toning down my posts.

[goldenshare888] 23/9/2014 12:11

No,still waiting for resource increase and development in Ghana.

We will hopefully see a big improvement in the share price once STI are involved.

JW dropped the ball big time here in my view. My interest will be refreshed once STI are at the helm!

Not long to wait hopefully................

Consolidation to 6p a share is a good uplift from here also!

[jibba jabber] 22/9/2014 16:14

Apart from not a lot what is this company actually doing? Even goldenshare888 the trumpeter has left the building!