Goldstone Resources Share Discussion Threads

[malcontent] 15/10/2021 17:50

being invested in gold and gold stock this year has been painful

[spacedust] 15/10/2021 14:16

Gold down
Gold stocks down
Gold aim stocks down

Grl up

Honestly no one can make this shttt up

[imastu pidgitaswell] 14/10/2021 10:59

In a nutshell:



Followed by (after loan restructuring):

[kennyp52] 14/10/2021 10:55

31st October for 5kg to be delivered spacedust or we are in default at the first hurdle . Have emailed the company for state of play on elution plant but no response yet . Critical time for PI's. When you look at the gold 82.4 kg to pay off the $3m gold loan - at current price that equates to $4.76m plus interest accruing at 17% until Jan 2022 - talk about being shafted and AIMS screwing the situation? It seems to me the "delay" will work very well for them! This is a "connected" party ! Emma needs to deliver some gold ASAP and I hope that is why they cannot find the time to reply. Sticky fingers involved here it seems?! Would have been cheaper to convert to shares surely or even use cash (if they have any left?). Is what it is .. Emma has put herself in a corner with lack of good planning on elution of the gold and apparent lack of a fall back / risk assessment! Now its panic stations to elute the gold that is stacked and ready.

"AIMS is a substantial shareholder of the Company, with an interest of approximately 27.71% of the Company's ordinary shares, and is therefore a related party of the Company as defined in the AIM Rules for Companies ("AIM Rules").

Accordingly, the Extension of the Gold Loan with AIMS, is deemed to be a related party transaction pursuant to Rule 13 of the AIM Rules and it is noted that the board of Goldstone considers, having consulted with the Company's nominated adviser, Strand Hanson Limited, that the terms and conditions of the Extension are fair and reasonable insofar as the shareholders of the Company are concerned."

[spacedust] 14/10/2021 09:42

What date do we have to cough up with gold this month?

[spacedust] 13/10/2021 14:43

Gold up
Gold stocks up
Gold aim stocks up
Grl down

[borisjohnsonshair] 13/10/2021 09:57

Have you tried those fake ground things that pick up toys but have no power to hold them. You stand more chance of a reward with those than this. Good luck all

[borisjohnsonshair] 13/10/2021 09:56

No. Of course not. AIMS have given clear instruction. More loan defaults coming and the compounding interest ramping up. Imagine 17% compounded. It's approx double in 4 years. Loan sharks.

[spacedust] 13/10/2021 09:00

Have grl ever hit a target date in its history

[spacedust] 12/10/2021 12:49

Let's hope a 76th delay doesnt happen. This must be the most frustrating share ever created

[donaferentes] 12/10/2021 11:04

Hope so. They have to repay 5kg of gold this month.

[spacedust] 12/10/2021 11:01

Mms bored so they thought theyll play with grl investors and inject some excitement

[kennyp52] 12/10/2021 09:39

Elution plant close to operation ?? Why else the up tick in share price ?

[spacedust] 08/10/2021 14:16

Gold up
Gold stocks up
Grl down

[coinbase] 06/10/2021 15:14

L2: 3 (75,000 @ 10) v 1 (25,000 @ 10.50).

[borisjohnsonshair] 06/10/2021 13:33

Head & Shoulders springs to mind. I'm not talking dandruff!!

[kennyp52] 05/10/2021 14:31

Time to gamble .. little top up ...

05-Oct-21 10:14:05 10.2995 50,000 Buy* 10.25 10.30 5,150

[tallden] 01/10/2021 10:06

hxxps://www.goldstoneresources.com/documents/media/SPAngel-Goldstone-Note.pdf

[tallden] 01/10/2021 10:00

GoldStone Resources (@GoldstoneRes) Tweeted:
#GRL #gold

SP ANGEL RESEARCH NOTE

Read the full share price Angel research note on @GoldstoneRes here 👇

[...] [...]

[borisjohnsonshair] 01/10/2021 09:04

Ha - I'm not explaining it too you.

[kennyp52] 30/9/2021 20:42

Now .. the other major attraction to this gamble is …

“ As at 17 September 2021, the Company had mined 133,000 tonnes of ore and 385,700 tonnes of waste from the first four benches of the Krodua Pit within the Homase Mine. All indications are that the grade and tonnes mined to date are within expectations and at a total cash cost, pre-tax, of under US$600 per ounce. These figures have been derived by the Company and the Board believes the cash cost lies within the lower quartile of industry cost standards.”

They get this sorted and running to plan it will be printing money .

[kennyp52] 30/9/2021 20:22

How many ounces of gold are in a kilo?
How many troy ounces of gold are in 1 kilogram? The answer is: The change of 1 kg - kilo ( kilogram ) unit of a gold amount equals = to 32.15 oz t ( ounce (troy) ) as the equivalent measure for the same gold type.

I guess you are the thicko Boris when I was stating the monthly amount of dore gold to settle the loan with no cash to be found . Your figure is the grand total and is incorrectly calculated anyway .. thicko 🤣

5kg in October = 160 Troy ounces on my calculator . Followed by 6 November then I monthly of 8 and final of 7.4 now let’s put that in perspective …

“ The Company expects to increase the planned gold production from the Company's original guidance of 14,400 ounces, stated in the Definitive Economic Plan ("DEP") announced on 19 June 2019 to around 50,000 ounces of gold per annum within the first year of production, which would represent an increase of more than 300% from the original production schedule.”

That would therefore be more annual production than SRB Boris 🤣🤣

[anley] 30/9/2021 13:26

A very poor presentation of the results - management needs to get a grip.