Goldstone Resources Share Discussion Threads

[edjge2] 21/10/2016 14:41

Wonder if grl and stratex might merge. They were friendly last time I was in a few years back.
Drifting down to about 1.4?
STI woke up with consultancy news so got some before that. !0% up @ 14:00 today.
STI used to own a big slug of this girl when I was in last time I think.

[tightfist] 20/10/2016 13:45

Very little interest generated by today's STI support agreement; presumably the drilling campaign is producing something worth examining.....Against a July placing (and Director Buying) price of 2.5p, a Mkt Cap of £1.9m and 600,000 Oz resources, IMO this was worth a small entry punt.

[cpap man] 13/10/2016 08:50

Yeah sad news but there you go AIM and all of that!

[goldenshare888] 13/10/2016 08:47

A Weasel in the camp?

Sounds spiteful behaviour to me!

[cpap man] 13/10/2016 08:28

Todays news could be the final nail in the coffin for this company!

[shortarm] 21/9/2016 22:39

Now that is a good analytical post!Sell like crazy :-)

[pumped and dumped] 21/9/2016 18:30

VERY STRONG SELL .

[condom2] 21/9/2016 08:25

We must be due a drilling report soon,hopefully they will have drilled good and deep this time,which should hopefully give us some good news.

[shortarm] 16/9/2016 17:45

Good drill cores then....

[tadtech] 06/9/2016 10:33

russ505

Recent interview with new CEO



Says Co is open to offers for license in Gabon and Senegal, concentrating on Ghana with drill programme.

[russ505] 06/9/2016 08:39

Cheers Tadtech good summary.Any idea how long before we get News on drill programme.

[tadtech] 06/9/2016 07:54

Sense a real opportunity here, what we know so far.......

+GRL has recently raised £1m

+ Only 103m shares in issue, circa 50% held by major shareholders

+ is embarking of a drill programme to increase their 600k oz gold resource - Ghana

+ GRL's 600k oz JORC gold resource is close to Asante, who have recently paid $40oz - in ground

+ Stratex - Metal Tiger - Red Rock - Goldstone director have significant GRL stakes

+ Red Rock CEO stated in April, expects a 10 fold return, they paid 1.75p

+ Read across value on the Asante transaction equals 18p per GRL share



Are Goldstone aiming to increase their resource and sell it, the read across value of 18p per share is real the recent transaction was completed in July.

Market cap is only £2.5m (inc recent £1m raised) there is significant upside here in my view.

DYOR etc

[the_sage1] 05/9/2016 14:41

Both Metal Tiger and Andrew Bell have bought shares in the market recently - what do they know??

Metal Tiger bought 700,000 and now have 7,606,586



Andrew Bell bought 154,522 and now has 1,351,356

[tadtech] 04/9/2016 17:41

Found a link to the recent corporate transaction, shows there are willing buyers around & happy to pay $40oz for in the ground gold near Goldstone. The read across value is 18p per share based on GRL's 600,000oz JORC resource.

The current market cap, with 103m shares in issue, is under £2.5m + they have just raised £1m. That seems far too low + the free float is only circa 50m shares, could this be the next major mover in the coming week??

[shavian] 01/9/2016 18:21

Up today at the changing of the guard at STI? Bob Foster retires, up goes Stratex!

[thesloth2] 30/8/2016 18:19

29000buy v 683000sell today. I think not.

[tadtech] 30/8/2016 11:58

Massive disconnect in value of Goldstone (£2.4m) and the $18m recently paid by Asante for a similar size JORC resource and a number of licenses near to Goldstone ground in Ghana.

Even more of a disconnect when you consider GRL has just raised £1m.

At 5p Goldstone would only be valued at £5m, hardly demanding.

[hazl] 29/8/2016 22:48

HMMM Interesting tadtech

[thesloth2] 12/8/2016 16:02

Goldenshare must be on a long W/E. No comment about this rise !!!!
Every buy moving it up.
GL to all long termers

[htrocka2] 02/8/2016 17:44

It's a pity the gold is still in the ground...

[goldenshare888] 28/7/2016 10:16

Adding more based on that news.

Looking for 10p plus this year!

:)))