Goldstone Resources Share Discussion Threads

[highly geared] 27/8/2020 16:33

They are funded into production. People need to read announcements!

[anley] 27/8/2020 16:24

JUST FILTER HIM................

[huncher] 27/8/2020 15:43

With a mad dog you normally take them out the back with a twelve bore - would somebody please oblige it is ruining the thread.

[borisjohnsonshair] 27/8/2020 15:38

Ugly here. A real worry. Not just license rejection but now govt bribery rumors. You can't give the Ghana license people brown envelops. Horrific. I'm out.

[hazl] 27/8/2020 14:24

A strange animal above.
Anyway I think the mid price is now more authentic.

[borisjohnsonshair] 27/8/2020 13:31

Yep - in trouble

[borisjohnsonshair] 27/8/2020 12:52

There's a good chance this will go to 0.5p later today if the news of license rejection gets out. The Ghanaian King said he wants 80% royalties and membership of St Andrews plus a Roll Royce. Unfortunately GRL has no money.

[trader536] 27/8/2020 11:26

Yes, perish the thought. Key is to unwind your position slowly, a 5 or 6% spread is irrelevant when you have 100’s of percent profit.

[borisjohnsonshair] 27/8/2020 11:06

You mean bribe

[borisjohnsonshair] 27/8/2020 11:05

Yeah, 80% dilution next and 97 before revenue, so 2p ain't clever

[hazl] 27/8/2020 10:12

the Company continues to work closely with the Ghanaian Minerals Commission and the Environmental Protection Authority to finalise the environmental permit and the Board expects that the environmental and operational permits will be awarded in the next few weeks. On receipt of the relevant permits, the Company will be in a position to immediately commence mining operations at the Homase South Pit, utilising contract mining, and construct the heap leach plant, with the target of achieving our first gold pour in Q4 2020.

[hazl] 27/8/2020 10:08

kenny we posted about the same time so I didn't see your post.

There are no guarantees in life and this is still being priced as an explorer.
However you have to look at the history of the whole gold sector to see why it wasn't worthwhile for companies to have moved much gold in the years you cite.

Now that the gold price is so high,not only gold companies but countries would be interested in doing so.
The next step for GRL is to get it's permit which is in the works.
Some countries are slower than the next.
If it was certain our price would be a lot higher.
That is the beauty for me I like to pick up companies before they get costly and that is about speculation.
I'm not always right so do your own research.
I wouldn't be here if I didn't believe.

[imastu pidgitaswell] 27/8/2020 09:40

Mmmm. Is it a nice 4 bag though? Has anyone tried selling 800k or so of these for anything like market price? Not to mention the spread.

The other thing about microcaps like these, is that remain vulnerable to vested interests posting selective information and porkies while managing their own positions. Perish the thought that someone might try that here...

[hazl] 27/8/2020 09:36

It's blue for a reason,usually.
Wonder if there's a buyer behind the scenes or news imminent?

[kennyp52] 27/8/2020 09:35

Has it the ability or cash to get to production Hazl ? Or is further consistent dilution going to be necessary ? Just worried this is another one of those AIMs that never materialises and just keep paying the director’s wages . I see this board was started 2013 ... 7 years on and no production ? Nice 4 bag for those in at 2p but what about now .. what upside is possible without production ?

[hazl] 27/8/2020 08:06

GRL will be a different animal altogether when it's a producer.

[maverick247] 26/8/2020 21:43

simple question why would someone go so far out of their way to de-ramp this company

concern for existing shareholders (i don't think so lo)

agenda

boris sell up and move on, if you ddont hold why you even here :-)

[yorkie14] 26/8/2020 20:22

Mav, suggest you read some of Marketanalyst1 (aka City Analyst1) posts about the background of our big investors here. Interesting reading!

GL Yorkie