Goldstone Resources Share Discussion Threads

[trader536] 21/8/2020 20:39

BB posts have no bearing on share price direction. Also, anyone making a buy or sell decision based on a BB post deserves to loses his/her cash.

[hazl] 21/8/2020 19:18

Whilst l am inclined to agree, when potential investors glance through they might believe there is some truth in hisrhetoric . So rather than addressing him l feel l am putting the facts out there.

[anley] 21/8/2020 18:12

NO NEWS IS GOOD NEWS.........................

[anley] 21/8/2020 18:11

HAZI...........please do not reply to BorisJ.......that is just what he wants everyone to do.

There is no point in anyone posting anything for the time being.................

[hazl] 21/8/2020 15:35

Everybody knows your agenda by now.
Neither of you help any share I suspect.

[hazl] 21/8/2020 15:34

You must be desperate.

[borisjohnsonshair] 21/8/2020 14:49

80,000 smart money out. 75% saving on price post license rejection. No license, no mine, no gold, no money, no honey...

[borisjohnsonshair] 21/8/2020 13:18

Rumour growing about license rejection. Not sure where this one trick pony can go after. No license, no money, go mine, no gold........no future

[walter walcarpets] 20/8/2020 19:37

Thanks for posting hazl

[hazl] 20/8/2020 19:02

thanks to daddy warbuck for the link

[hazl] 20/8/2020 19:01

News Bites
Why gold stock prices are at “extremes” right now, according to hedge fund
David Lin David Lin
Wednesday August 19, 2020 20:10
Kitco NewsShare this article:

A mismatch between prices and fair value have created a unique opportunity to own gold and silver stocks in the current environment, said Sean Fieler, CIO of Equinox Partners.

“If you look back at the last 50 years, gold itself has returned 8% to 9% since the end of the Bretton Woods system, so there are good long-term returns there. Right now, we’re at absolute extremes in terms of the valuations of the gold and silver mining companies in relation to gold and silver the metal. And we’re also at big discounts in relationship to the whole gold and silver complex in relation to financial assets, so now is particularly good time to own gold and silver mining companies,” Fieler said.

Fieler added that there are a lot of inefficiencies and irrationality in the gold equities market today, in addition to their being “broadly undervalued”.

The discount to net asset value is even more substantial in the junior mining space than in the senior mining sector, Fieler added.

“There are well managed companies with high grade, highly economic projects in attractive jurisdictions that are trading at 50% discounts to 5% NAVs (net asset values) at spot metal prices,” he said, “so you really have a stock market that is very skeptical of the current spot prices and very skeptical of the duration of this bull market, which is typical of an early phase of a bull market.”

[trader536] 20/8/2020 17:46

Meanwhile at GRL support is building at 7.8p...

[hazl] 20/8/2020 15:16

'GoldStone holds a 90% interest in the Homase Licence. The Homase Open Pit is located approximately 12km along strike from AngloGold Ashanti’s Obuasi Mine which has a total historical and current resource in excess of 70M oz Au.

Homase previously produced 52,000 oz Au from one open pit at a final recovered average grade of 2.5g/t. GoldStone’s work has defined initial JORC compliant resources of 602,000 oz Au at 1.77 g/t from southern and northern extensions which could be heap leached or toll treated in the near future.

Historic trenching indicates high grade gold mineralisation, including 15.0 metres @ 6.31 g/t Au which includes 4.5 metres @ 18.23 g/t Au from a trench in the Homase North Resource Zone. GoldStone’s recent soil geochem programme coupled with the review of historical data has identified a >8km gold-in-soil anomaly, the Homase Trend. This extends both to south and north of the pit and contains the 4km resource zone which remains open at depth and along strike.'

[hazl] 20/8/2020 15:15

'Fast tracking gold production at the Akrokeri-Homase Project in the world class Ashanti Belt in Ghana within two years.'

[borisjohnsonshair] 20/8/2020 14:43

The next suspension will finally ended any misguided thoughts that this get rich quick nonsense is real. Anyone in this should go to a casino. Rating - SELL

[trader536] 20/8/2020 14:20

Thank you for your usual intelligent contribution my good friend, it’s a shame you weren’t intelligent enough to buy a few of these when I tipped them to you at 2p.

[hazl] 20/8/2020 09:47

Actually it has started to get ugly again in the US.
Perhaps Gold will show it's 'mettle' again earlier than people think?

[hazl] 20/8/2020 09:33

It's not my style to go onto different boards and criticise a company.
I did it once accidentally in a way,and the stock plummeted.

Your efforts mean zilch.
It is the wider market that will move this and I am prepared to wait.

[borisjohnsonshair] 20/8/2020 09:17

Yes - it'll be several years with unviable conditions. Plenty of cash calls before then to keep the management fat salaries going. Typical scam. Very commonly Ozzy board.....