Goldstone Resources Share Discussion Threads

[borisjohnsonshair] 29/10/2021 08:07

Ha ha ha. Stupid or deliberate. I hate to say I told you so, but I told you so!!!!

[best1467] 28/10/2021 07:29

That’s the problem I wouldn’t the trust the CEO she as back tracked and not delivered many times.
But I do believe rightly or wrongly it will deliver at some point so continue to hold 50% of my original holding

[kennyp52] 28/10/2021 07:11

What if those “insiders̶1; call in their debts .. appoint the receivers then take the operation over on the cheap ? Been known to happen . Pathetic marketing / news flow from the company . Disgraceful .

[donaferentes] 28/10/2021 00:39

"elusion" - like the Freudian slip!

[kennyp52] 27/10/2021 21:04

When you cannot get a response to a simple question “is the elution plant built” .. and therefore extracting the gold .. then you have to say I do not trust them anymore .. so sold my holding today . See what happens before the weekend .

[malcontent] 27/10/2021 19:27

this one is promising but ;
it's not a done deal- mining in Africa comes with risk and it's a difficult business
management has pedigree but this is not proof against failure
gold price is in a long-term bullish pattern , but this has no bearing on short-term movements

there is risk here, but also reward
I think the price correctly reflects the risk:reward ration
further news will move it one way or the other!

My second largest Gold stock holding, having bought in 2 years ago- it's done very well for me but I haven't sold any

everyone has to weigh their own appetite for risk:reward

[kennyp52] 27/10/2021 09:24

tansu .. looking short term .. they default on the gold loan yet again and the share price might drop like a stone

[tansulondon] 27/10/2021 09:11

You should sell and buy national savings bonds. More your scene. Delays are a part of small miners, this Co is in production. Gold pour will come, Bill Trew 26% and a mine build CV 35 years long.

[kennyp52] 26/10/2021 19:14

AISC is only relevant if you are actually extracting and selling gold . This is not looking great . No news is bad news from a miner usually . Will give it another day or so see if anything is released

[spacedust] 26/10/2021 11:10

Gold will never got 5000$ in our lifetimes no matter what happens. Everytime these figures are spouted gold crashes.

[tansulondon] 26/10/2021 06:00

All in AISC cost of GRL is around $630, so they print money at $1500 gold let alone $2000 plus. Gold breaking out this week? We shall see..... Think gold going on a run and will be above $1800 for a sustained period. Perfect time to go into production.

[spacedust] 25/10/2021 18:33

Stupid gold predictions are back. Last timr 3000 and 5000$ were spouted th gold price droppd violently from 2000 plus to 1600.

[tansulondon] 24/10/2021 19:37

Here's a link to the Co that Bill Trew founded 35 years ago, Maed Ltd, a v long and impressive resume of successful projects. Puts any doubts around operational competence in the shade. I get delays are frustrating for us PI's but this is small mining in Ghana and we got the license approval late, Co were building out and shipping equipment whilst we were waiting for the licence. Gold room wasn't in phase 1 and now it is necessary to do to pour but another delay. The real question is will they pour soon and quite obviously the answer is yes they will. GLA and I will not be doing anything but waiting patiently. If we default I will take full advantage of weak hands to build a further pot at a still bargain share price Watching gold closely this week, we may break the 1830 resistance. https://t.co/TJ6nDCQv1Z

[kennyp52] 22/10/2021 09:14

best1467 .. cannot get a reply as to state of play on this elution plant . Let’s take a look at this . Gold pour promised late last year ; early this year .. and NOW ! .
But during that whole time they had no solid plan to extract mined gold . Yes they can blame the government for not licensing a facility they were going to rent .. yes rent .. but no backup plan is frankly incompetent . Now we have a wall of silence moving to within days of another loan default . The loan has already increased to over $4.5m ( at current POG ) from $3m and default interest will be 17%. This is starting to look manufactured for one of our shareholders to milk it . Not happy at all but 1 RNS confirming gold extraction / dore changes everything.

[best1467] 22/10/2021 07:10

When you have the ==== of a CEO boasting that they are backed by Industry legions that you look at the Continuing school boy Errors causing delay after delay after delay it takes some believing JMHO.
I’m fortunate to have invested when I did but can feel the pain and frustration of some long term holders

[spacedust] 19/10/2021 21:19

100% but when the company goes from dilution after dilution we get it weong. Even massive companies such as bendigo mining took 33% of grl and then after that so did newmont.

Then so did tiger. 49% at some points and they were raped. My holding compared to those companies is peanuts and they all got badly burnt.

[tansulondon] 19/10/2021 19:39

That is a shame Powderpuff; I can't imagine holding from anything150 to 1p? Takes a very special type of incompetence to achieve that and you yet you blame current GRL management? I recommend taking personal responsibility.

[spacedust] 19/10/2021 11:51

Tallden in the absence of any more delays and IF the gold is out and sold in return for cash then you will get your breakeven and probably a little more.

[tallden] 19/10/2021 10:29

Spacedust. Same as myself.
I would celebrate if I could just get my money back.

[spacedust] 19/10/2021 10:21

Translondon....depends when you wish to start the clock

120p to 1p to 12p ouch.

My personal grl scenario - bought at 50p went to 120p then back down to 1p to now 12p.

I bought back in 2009 before the consolidation in price.

[kennyp52] 17/10/2021 15:35

Lol .. tansu .. so right .

[tansulondon] 17/10/2021 07:57

Yes, very painful, 5 bags in 2 years, 48% up ytd. Ouch, it REALLY hurts to be invested here.

[spacedust] 15/10/2021 18:13

Pain for grl long long term holders has been suicidal