Goldstone Resources Share Discussion Threads

[kennyp52] 05/1/2023 10:02

Is that right alhambra1 ? Do you not think they need to hit some guidance before they will be trusted . 500 Oz a month just about keeps the lights on !!

[alhambra1] 04/1/2023 14:56

Good to have had the opportunity to increase @ 3p - share price on the rise again, up nearly 6% today.

The Pascale/Trew combination is formidable. Both have put their money where their mouths are!

Including the Trew family. Top-up opportunities are gone now - and we must await an RSN.

[spacedust] 04/1/2023 14:36

Mining is difficult for some companies. Nit others

Boris hats off to you. You said 2p when this shtt was 12p. Everyone laughed at u including me. Even if the share price fiesta hit 2p you still got it more or less right

[lisat3] 30/12/2022 12:22

Mining is a difficult business - with so many factors in play, including the weather; deadlines and targets are frequently missed. Interesting here that there's no great exodus with only about £35k in shares sold.

The LSE site has several positive takes on recent events - but 3p is far too good to miss, particularly with the pivotal Pascale/Trew involvement and investment.

[borisjohnsonshair] 30/12/2022 11:21

Debt is killer - AIMS will inherit by Easter. I've cancelled my 2p order. This will gap to zero when the insolvency suspension arrives. GIVE US A WAVE TRADER465 - GBP145,000 loss!!! Ha ha ha..

[kennyp52] 30/12/2022 11:07

GoldStone said it had a 2022 production target of around 20,000 ounces of gold.

Start-up agglomeration issues had been resolved, and gold recovery from the heap leach pads increased to over 65%, with the latest in-situ test work indicating that leach recovery of 82% would be achieved over a 12-month period.

That was an RNS dated 25/3/2022 !

Can only class this at best optimistic ; at worst misleading the market and shareholders

[kennyp52] 30/12/2022 10:57

Bill is looking pretty stupid as far as I can see ?

[lisat3] 30/12/2022 10:47

Well - at 3p!! - I'm joining Bill.

[5teadyeddie] 30/12/2022 10:18

"5,153 troy ounces of gold produced and sold to date from the Homase Mine, realising an average price of US$1,794 per oz for revenues of US$9.3m".
This is only 1154oz in H2: terrible.

Agglomeration issues not solved.

No gold loan payments in H2

"To date, the Company has had an average stacking rate of some 15,000 tonnes pcm onto the heap leach pads". [on the given ratio of 202kt for 9742 contained oz, this is potential production of 15*9742*80%/202 = 578oz pcm]

Cash must be very tight. Could be massive dilution on the way. I've lost the faith and sold out fully.

[lisat3] 30/12/2022 08:39

Mediocre RSN - but little affect; so far, share price only down less than a percent

Confidence in Bill Trew remains - an experienced operator

Who has put his money where his mouth is - and his family's

[spacedust] 30/12/2022 08:33

Get a man in there and get rid of the women.

Before any of you kill me for being a chauvinist please give me thr number of a female bricklayer

[best1467] 30/12/2022 07:15

They missed the massively reduced 7000 target but don’t tell by how much speechless

[best1467] 30/12/2022 07:13

You Really couldn’t make it up,many operational issues and still only 65% gold Recovery amazing

[kennyp52] 29/12/2022 18:22

Someone email the company .. I can’t get a response these days !

[best1467] 29/12/2022 17:28

I think the ground been full of gold is becoming Extremely debatable with every passing month of Zero news.The drilling update as disappeared after the 1st

[highly geared] 29/12/2022 14:18

Wouldn’t disagree Kenny. Another retail favourite CNR is on its knees. 13 years there and they’ve yet to build a mine. People get fed up after years of endless placing sand dilution with little progress to actual revenue generation. BMV similar.

[borisjohnsonshair] 29/12/2022 14:14

Trader465 estimate for year end 24p !!!! Ha ha ha

[highly geared] 29/12/2022 11:47

The Company has produced 4,095 oz of gold to date, and whilst the Company continues to target production of 14,000oz by the end of 2022, in light of the circumstances described above the Board's minimum expectation for production for the year is revised to 7,000oz. A review of the production schedule to the calendar year-end and beyond is ongoing and further updates on production will be provided in due course.

Hopefully an update in January as to whether they managed 7000 oz in 2022 and what 2023 might look like.

[kennyp52] 29/12/2022 09:11

Someone had enough .. crashing today

[highly geared] 28/12/2022 13:00

Maybe the Akrokeri drill has vanished and they’re all out looking for it..

[best1467] 28/12/2022 11:15

Umpires been out but Still Rain delayed

[kennyp52] 28/12/2022 10:20

Anybody know if Goldstone are still operating ?