Goldstone Resources Share Discussion Threads

[spacedust] 02/6/2021 15:54

1.2p n 3p. Price will drift until news.

Does anyone know how long a piece of string is?

[tansulondon] 02/6/2021 12:13

Yep it's called a warrant. There are approx 90m outstanding here, more than enough to fund the Co until imminent positive cashflow. Aims have no more outstanding. Paracale have 40,m at 1.2p to 2 June 2022, 26m to 22 June 2022. BCM have 26m to June 2022 as well.Fully diluted this is still a superb entry point and will be generating FCF $18-20m this year and in excess of $50-60 next year.These are the facts, happy to add to my large holding.BJ I conclude you're a saddo who hangs out on BB's spouting rubbish because you don't have an interesting life. It's never too late to live more positively. GL

[tom111] 02/6/2021 11:55

25000oz this year equates to 45m Rev 25m profit argue with that

[borisjohnsonshair] 02/6/2021 10:16

You were complaining about my comments of the dilution, so how can you criticize it when I've been proven correct. I'll now tell you that the warrants will be sold to at least cover the cost 1,500,000 and maybe to sell all above 3p. Sorry if you can handle it

[borisjohnsonshair] 02/6/2021 10:14

My comments are warnings based on the reality. Trader536 is a deranged liar.

[stonesp2] 02/6/2021 10:10

Kenny .. that is true but have taken profit on way from 1.5p. A happy mug punter.... cannot see this slip much lower before rebounding..

[hazl] 02/6/2021 10:07

Boris I'm not in this stock any more but you are behaving absolutely unbelievably.
It makes you seem so immature.

[borisjohnsonshair] 02/6/2021 09:50

I'm afraid I said this way before the news and was shouted at. Now I'm unpopular for being correct. I'm sorry but I predict a sale over the coming days and weeks and more issues to fund the gold obligations!!!

[highly geared] 02/6/2021 09:46

Yes, 62,000,000 shares to be potentially sold into the market, that’s a lot as retail demand isn’t there for that quantity. Equally , the holders may stay out but 400%+ gains not to be sniffed at.

[kennyp52] 02/6/2021 09:40

That’s my point HG ... they have issued at such a discount that the new share issued could be dumped to realise the cash and pull the share price right down . StonesP2 ... you do not hold the newly issue shares !

[highly geared] 02/6/2021 09:21

Funding isn’t an issue , period.... The shorter term issue is the large warrant conversion blocks and the potential drag on the share price as the holders may wish to crystallise profits by selling the shares.

[borisjohnsonshair] 02/6/2021 09:20

Is it going to rise? At least £1,500,000 to be liquidated.

[stonesp2] 02/6/2021 09:20

Most of the newly issued shares will not be sold by us so called mug punters .. ::))

[stonesp2] 02/6/2021 09:18

To all the naysayers and pessimists... this will NOT dilute 80-90%.. period ::))

[borisjohnsonshair] 02/6/2021 09:01

They delayed to increase efficiency!!! Ha - that old chestnut. Not to give away 15% of the business to mates. Rinse & repeat. This cash just goes to the directors, the stock to mates. Omg - TRADER356 - you mug punter. I'll buy this stock in 2 years at equivalent of 0.5p and you'll hound and cry about your loses for years. Bye bye baby.

[borisjohnsonshair] 02/6/2021 08:59

Trader356 gets burned again with this one by insolvent companies. This company will come good but before it's self funding PIs at yesterday's price will be diluted 85-90%. I've seen him fall for this many times. He's an idiot. A companies prospects isn't alway a reason to invest until they have adequate funds. They gold futures up in 28 days - nearly US$4M worth of gold to provide, buy or switch for warrants - 3p?

[kennyp52] 02/6/2021 08:57

The point is the dilution was at 3p .. 3p!! So they can sell way down and still make a massive profit . I know we are now desperate but this would not be such an issue if gold pour had happened in April . When is gold pour ???

[borisjohnsonshair] 02/6/2021 08:56

Yes. They'll sell equivalent numbers to bank cash and retain position for free. It's an old funding trick on AIM.

[thesloth2] 02/6/2021 08:54

Can AIMS start selling these new 50m 3p shares as from 8th June, should they choose to do so? Or indeed the other 72m that they control.

[borisjohnsonshair] 02/6/2021 08:49

What will the price be when 53,000,000 are sold. They'll make free money until it reaches 3p. Don't get angry with me. Speak with the management. Don't shoot the messenger

[borisjohnsonshair] 02/6/2021 08:47

What's wrong - 15% dilution at 3p. Money raised doesn't touch gold loan. Pls comment.

[mavericklewis] 02/6/2021 08:39

Comedian. You still can't see it, like a broken record.. like I said , wrong every step of the way from 2p - 15p in 12 months.

Great RNS, see you in a couple of weeks Boris, he who laughs last laughs loudest.

No more oxygen for you. I think this was a goodnight message for you. How can someone be so wrong and still not see it. I know... Desperate for a lower entry, time to give up the day job. Naturally, you are no good at this game.

No more from me, will give you a lesson on sitting on your hands and saying nothing.. best advice I can give you for free. Take it.

[borisjohnsonshair] 02/6/2021 08:37

Warrants holders dumping already. They'll sell down to 3p as debt not touched. Cash for friends. Rinse & repeat. Trader365 - you horrific moron. You might lose more here than you did in SRB in 2013

[kennyp52] 02/6/2021 08:35

How can we say the company has “deliveredR21; . At least 2 delays on promised gold pour that I can recall and still no news as to when it will happen and we start to generate cash . In the meantime we are diluting existing shareholders by giving shares away at 3p that can be sold on the market for 13p?? Yep ... that’s delivering alright ... for the warrant holders . By now we should have had gold pour and been able to meet the loan arrangements in cash . Just hope the potentially blind faith on here pays off as when they do get their act together on gold pour it might well re-rate substantially . Holding for now . This looks like they are lining pockets.

[borisjohnsonshair] 02/6/2021 08:24

Yes taken at 1,500 / ounce. Now 1900, so extra US$800k plus US$300k interest - this massive dilution doesn't touch the surface, as I said 75% required. 15% today to keep the lights on. Sorry for the reality.