Goldstone Resources Share Discussion Threads

[kennyp52] 04/12/2023 10:27

Just a reminder Bill and Emma have put this out into the market ..

The AIM-traded firm said it had now received approval from the Ghana Minerals Commission to start irrigation and the leaching of ore placed on the heap leach pad at the Homase Mine.

It said it was on track to achieve target production of 25,000 ounces of gold for the first eight months of production, with first gold pour expected in the third quarter.

On the financial front, GoldStone said it had reached an agreement with bondholders for the settlement of its 20 outstanding unsecured bonds of $50,000 each.

The board said the offer was accepted by all bondholders, who had agreed to full and final settlement of the bonds in exchange for the issue of 12,000,000 new shares in GoldStone in total.

Verbal agreement had been received from BCM Investments, which would be allotted its 3,600,000 bond settlement shares immediately following the signing of a written bond settlement agreement.

Also:

Sharecast News) - GoldStone Resources updated the market on activities at the Homase mine and the former Akrokeri underground mine on Friday, confirming that following the start of gold production at Homase, 1,717 troy ounces had been produced and sold to-date.
The AIM-traded firm said it had realised an average price of $1,907 per ounce on that gold.

Gold loan repayments from first gold of $1.1m had been made, through the delivery of 610 troy ounces to Asia Investments Management Services (AIMS), resulting in the interest rate being taken out of default.

Construction was completed for the initial stage of the mine, which included the crushing, sizing, agglomeration and stacking unit, three heap leach pads, a carbon-in-column plant, and an elution and gold room, for a total investment of $15m including overheads.

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.

An additional crushing, agglomeration and stacking circuit was currently being built to improve productivity and heap stacking flexibility, using existing cash resources.

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

Homase was continuing to progress its capital-efficient mine, the company reported, with a cash cost of around $840 per ounce pencilled in for the rest of 2022, and an all-in sustaining cost of $970 per ounce.

Also:

Gold Production
To date, some 220,000 tonnes of oxide ore @ 1.43g/t has been mined and stacked on the heap leach pads. This has yielded contained gold of some 10,956 ounces of gold. The Company has, to date, recovered and sold some 5,403 ounces of gold, with the remaining contained gold, estimated to be 5,553 ounces, still within the pads. The Company is assessing the economics of re-agglomerating this ore on the heap leach pads, as insufficient cement was added and this needs to be remediated.

That is over $11m of gold sitting in the pads and it was ages ago they put this out .

Presumably they are still producing with all that extra plant and equipment they purchased ??

[lookingforhelp] 28/11/2023 09:34

Who'd have thought the name Emma Priestley would have been associated with such a disaster...

[borisjohnsonshair] 16/11/2023 07:29

? bye bye. GBP140,000 down the swan by for TraderMoron. LOL

[kennyp52] 13/11/2023 09:33

Lol Lisat3 .. a quick look at your posts is all anyone needs to do to understand what you are .. another angry loser 🤣🤣

Oh I see .. capitals to emphasise .. just like Boris with his final word .. you switched accounts Boris 🥱🤣🤣🤣

[lisat3] 13/11/2023 09:24

52 is some LIAR

😄😁😆😅

[borisjohnsonshair] 13/11/2023 08:52

Peanuts in your losers and big investments in your winners. So 100 x peanuts lost, zero times big bucks up. LOSER

[kennyp52] 13/11/2023 08:43

Lol Boris .. peanuts in this .. the only shorts you put on are the one’s you wear to school . I understand fully your avatar .. fantasist and non stop lies 🤣

[borisjohnsonshair] 13/11/2023 08:39

TraderMoron & KennyIQ52 backing this stock. Queue my massive short on the stock at 14.5p. Cheers guys for the free Xmas and holiday for the whole family.

[lisat3] 13/11/2023 07:56

RNS

(｡・´_｀・ʍ77;)

[trader465] 09/11/2023 10:15

I pointed out the link to dodgy David back in Feb

[lookingforhelp] 07/11/2023 13:59

She's also good mates with David Lenigas and Pete Taylor (PFP)...she sure knows how to puck them.

[alfacomp] 06/11/2023 09:50

Cant stop laughing!!!

[k mon] 05/11/2023 12:56

“A mine is a hole in the ground with a liar standing next to it.”

Mark Twain..


.. T'was ever thus..

[trader465] 04/11/2023 13:55

“You mean Companies House .. is actively being used as a 'Cover'
.. to defraud 'Investors & Owners .. of a Company .. .. ?”

Draw you own conclusion, but after finding out Priestly is registered at companies house under multiple dates of birth I decided not to buy back here.

“They don't check ..?”

How can they check? Lots of people have the same name, the date of birth distinguishes them as different people. Ie there might be 100’s of David Smith’s registered, but they’ll have different dates of birth. Emma Priestly isn’t a common name, so it was easy to find she has registered as a director under different dates of birth. Illegally/deliberately to avoid searches? Or just a slip of the pen lol

Not many people forget which year they were born.

[kennyp52] 02/11/2023 09:04

Trader465 .. Cloudbreak Discovery .. what a sham that looks 🤣 . Even the CEO has walked ! As you say a history of losses and placings and no return for shareholders . Guidance they have given here would make you think they could not possible be this brazen surely ? Misleading the market is a very serious offence . There has to be some gold somewhere and the mine is open ( I hope ! ) .. only a token investment here but I cling on hoping for a 4 bag to get it back .

[trader465] 02/11/2023 04:10

I researched Trew and Priestly and posted some links to companies house a while back.

Type “companies house” in the search box at the top of the thread to bring up the posts.

[kennyp52] 01/11/2023 19:30

Shut up you plonker 🤣🤣🤣

[kennyp52] 01/11/2023 08:36

Gold Production
To date, some 220,000 tonnes of oxide ore @ 1.43g/t has been mined and stacked on the heap leach pads. This has yielded contained gold of some 10,956 ounces of gold. The Company has, to date, recovered and sold some 5,403 ounces of gold, with the remaining contained gold, estimated to be 5,553 ounces, still within the pads.

It might be appropriate for them to explain where $10m worth of contained gold has gone?

[alhambra1] 01/11/2023 08:32

52 - see your vet, m8

😄😉