Goldstone Resources Share Discussion Threads

[hazl] 12/9/2020 09:41

Evilblues there are always down sides risks, to any share and it is upto the individual to decide their particular risk parameters.

There might be better mining companies out there , but things change all the time in this industry.
Unfortunately there are are many areas that affect a mining company.
Besides the usual management issues,you have gold price, trend, political uncertainty,jurisdiction to name a few.


If nothing else I expect a boost on any positive permit news.

[hazl] 12/9/2020 09:31

I hope like HUM MI will change his stance as the potential here is realised....

'Is Hummingbird a sweet buy at current prices?

Eight months ago I said I was avoiding Hummingbird (AIM:HUM) at 23p, but at 27p now and with gold 35% higher, I’m changing that opinion on the assumption that gold will continue on upwards.'

previous article....

'to sum up…

I’m buying Shanta. I’m keeping a close eye on Kefi. But I’m avoiding Hummingbird!'

[evilblues] 12/9/2020 09:24

What do you think the downside risk is here assuming gold remains at a similar price to where we are today?

[hazl] 12/9/2020 09:19

What I wrote before the last time this was posted up back in August.



'We need to look at any facts....price of gold firstly perhaps....already considerably higher than the price he has done his analysis around, and very much higher a few days ago,with we are given to understand,more rises likely at the year end.

Again production makes so much difference and shares work to the future not to the present.
Looking at the unknowns,we don't know exactly how much is in the ground,nor how much they will discover or the grades.
We do know(I believe) that it is in a vicinity where finds have been discovered, which bodes well.
I'm not going to dispute the costs,I imagine they are not going to mislead people but if the price of gold is considerably higher, then..... well.
At least Ghana is supportive of the company .
It is bad news if you get disputes or the country is not mining friendly for example.'

[hazl] 12/9/2020 09:14

Thanks for the above,a breakdown is useful.
However you have to read the whole article,to see clearly that the higher gold price of 1850$ is only explored later, and yet we are resting at over 1900 currently, and have been as high as 20000$ an ounce, with various parties predicting even higher.

I will be interested to see what happens in the near future as general politcal
concerns put gold and silver in the forefront.

IMO

[hazl] 11/9/2020 11:07

When a miner becomes a producer that's when the fireworks start!

[hazl] 11/9/2020 11:05

5152 They must expect the environmental permit or they wouldn't be
considering extending the reach.

'the Homase South Pit, the first of the three open pits planned to be brought into production as detailed in the Definitive Economic Plan ("DEP") for its Akrokeri-Homase Gold Project ("AKHM") announced on 27 June 2019, extends 1,500 metres southwards from the historic Homase Main Pit, see Plan 1, which produced 52,500 oz gold at an average grade of 2.5g/t Au in 2002/03 by AngloGold Ashanti.

The proposed programme will seek to further define and extend the mineable resource down-dip at the Homase South Pit to a vertical depth of approximately 60 metres. As defined in the DEP, the Homase South Pit is currently targeting the oxide resource to a vertical depth of 30 metres. The programme will build on previous drilling completed by Goldstone in 2011-2012, which defined the Company's existing JORC resource, and which indicated increased grades in this area of 1.4g/t to 2.5g/t below the weathered zone of 30 metres.

The Company is also considering an additional drilling programme within the Homase Trend, extending northwards, by approximately 2,000 metres from the historic Homase Main Pit, encompassing the proposed Homase Central and North Pits, being the other two open pits defined in the DEP, see Plan 1, and the historical exploration pit, to the same depth of 60 metres, to further increase the mineable resource defined within the DEP. '

imo

[trader536] 11/9/2020 09:08

Why does it matter?

[hazl] 11/9/2020 08:50

I presume the 7.25 p are buys?

Anybody confirm?

[shortarm] 11/9/2020 08:32

So she doesn't have to look at your spotty little face x

[spacedust] 11/9/2020 08:19

Blue start for no reason

[hazl] 11/9/2020 08:04

Oh blue start....bodes well.

[spacedust] 10/9/2020 22:04

Goldstone is showing on BBC4 right now

[hazl] 10/9/2020 14:44

Quite a few buys,seem to have made their way into the sell column. imo

[hazl] 10/9/2020 14:42

That is why I wouldn't want to buy any illiquid share when it's already been on a good run .5215.

The post above shows how people that get personal,do not have a good argument.
Right perhaps we can get back to basics,GRL and issues around it instead of wasting valuable time.

[trader536] 10/9/2020 13:48

Hzl stop crying you old woman.

I still have some exposure to SRB from previous trades because I wasn't able to sell due to liquidity issues.

I tried to sell them again this week and got the message "your order cannot be filled at this price at the moment"

No point buying a share if nobody will buy if from you later, you'll be stuck with a dog.

[borisjohnsonshair] 10/9/2020 13:44

I can assure you, he's the culprit and is on multiple boards being rude. He's a deranged idiot.