Goldstone Resources Share Discussion Threads

[spacedust] 08/7/2024 11:01

Well done. I was contemplating selling my ITV shares and buying at 0.008p but decided not to. I'd have more than doubled and earned 5k in a few hrs.

Sob sob

[z1co] 08/7/2024 10:54

I did NOT post all morning due to a certain TROLL ( PURPLE11 )that follows me and posts a lot of garbage after my posts.

Sold 200,000 @ 1.8125p which i bought at the opening.

Shares are still looking strong and likely to go higher but i'm happy with my profits.

Good luck to those still holding.

btw purple11 you CLOWN i can make money without ramping on the forums !!!

[totally banjo] 08/7/2024 10:43

Positive update this morning!

A view from Zak this morning

"Comment: After a rather long gestation period, it is now clear that GLR is good to go in terms of production and do this on an expanded resource at Homase. None of this upside is currently factored into the GRL share price."

hxxps://www.share-talk.com/rns-hotlist-with-zak-mir-grl-svml-rio-apta-met1-he1-see-88e-hvo-delt-pfp-zin-thr-cyk-tap/

[kennyp52] 08/7/2024 10:15

So 1,000 Oz per month target .. not yet been achieved so is aspirational at this stage. How much overhead / AISC have they added ? Will this generate enough cash to self fund the project forward? It’s a comforting RNS but without the meat on the bone we are still pretty much in the dark . Should be adding shareholder value having said that and first ever bit of positive news! MCAP is tiny for a producing mine so should see steady rise in share price

[spacedust] 08/7/2024 09:44

10m.mkt cap

Marl 2p to 60p
Ngl 1p to 80p
Solg 2p to 80p
Xel 2p to 500p
Rkh 4p to 500p

Back in 2009

[spacedust] 08/7/2024 09:42

Yip. I'm holding for...wait for it.......call me mad......50p

[chesty1] 08/7/2024 09:33

Anyone selling out after the re-listed will be feeling gutted today!

[spacedust] 08/7/2024 08:47

Been here decades.....losing a packet

[[e-mail]] 08/7/2024 08:37

been in here a while ago made a packet

[manual dexterity] 08/7/2024 08:07

Good update.

[kennyp52] 03/7/2024 08:43

Omg .. even more shenanigans .. Bill Trew’s remuneration is paid into Oxus Mining Limited company number 10283764 .. guess what …

Company status
Dissolved

Do not trust this man at all . Good job he is not in control anymore and there are a lot of questions he still needs to answer ?

[kennyp52] 03/7/2024 08:35

Trader465 .. something you will be interested in .. Emma Priestley remuneration is paid into her wholly owned company Santon Consultancy Services Limited . Company number is 07260120 . Take a look at the filing record .. 3 compulsory striking offs in the last few years and latest accounts overdue .. again ! This is the type of idiot we are dealing with here and I just hope Angela List has got her under control and guiding her as whatever skills she has they are not financial or corporate governance
🤷‍a94;️

[kennyp52] 03/7/2024 08:12

Quote Trader465 ..

“ 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”

I would have thought it worthwhile the directors of the time finding a way to extract the gold in the leach pads . I’m not expert but can it be that difficult if you are going to recover near $13m at today’s price ? It just doesn’t disappear .. so where is it ? I cannot get an answer from the company . Read into that what you will .

More importantly is current production rates. We have a production figure but not over a time scale. Remember guidance was originally 28k Oz per annum .. then 14 then 7 .. they will have to provide guidance soon . Then we can asses if this is just about protecting shareholders or directors interests.

[trader465] 02/7/2024 12:20

Trew illegally fired this man for a reason?

Get him out of the way, help himself to the produced gold, engineer an operation problem, write the value to zero and plus it to JORC as if it’s still there.


“Among the directors of GoldStone Resources, Hendrik Schloemann has been involved in legal claims. He filed a claim related to unfair dismissal in October 2016, which was settled in January 2021. The settlement included the issuance of 1.8 million new ordinary shares to Schloemann and a cash payment, which GoldStone Resources agreed upon to avoid future claims”

[trader465] 02/7/2024 11:10

Missing gold in 2022 was 66.3 kilo (2.33koz). Value at $1800 gold price is $4,207,817.16

Missing gold in 2023 was 140 kilo (5koz). Value at $2000 gold price is $10,000,000.00

So about $14m worth of gold has evaporated due to “operational issues”

Someone somewhere is doing very well from GRL holders cash 💰💰💰

[trader465] 02/7/2024 10:04

Lol I missed the RNS here. I’d say all the directors have bought themselves new homes somewhere nice with the missing gold.

They can value gold “lost in process” at zero, “lost in process” due to “operational issues”, then stick the missing/stolen gold oz in the JORC column on the spreadsheet, as done in 2022, easy, nobody will ever know the gold has already been sold.


“At the Homase Mine Heap Leach Operation, from the process recovery sheet, it has been calculated that there is 25.3 kilos of gold, 813.29 ounces, that is still within the heap leach process circuit, this is classed as "Gold in Process" ("GIP"). This GIP is currently locked within the heap leach circuit and classed within the stockpile. The gold price as at 31 December 2023 was USD2063.45.

The GIP calculated for 2022 was calculated as 66.3 kilos which was valued as zero due to operational issues, including inefficient screening, agglomeration and stacking methods, as such, there will be limited recovery from this GIP gold until a new process method is introduced. Therefore the 2022 GIP was incorporated into the current JORC Resource, at 602,000 ounces”

[kennyp52] 02/7/2024 09:29

Today, approximately 810 ounces are estimated by management, remaining within the heap, classed as Gold in Process ("GIP"), but there will be limited recovery from this GIP gold until an alternative process method is introduced, which the Company is reviewing.

So were we lied to / mislead into thinking there was over 5,000 ounces by Bill and Ben .. I mean Bill and Emma ? Unless this company recovers there will be some serious questions these guys need to be asked by the appropriate authorities !

[lookingforhelp] 11/6/2024 12:41

I can't believe any of you trusted skeletor with your money...she has no idea.

[kennyp52] 07/6/2024 09:45

My point Trader465 . Emailed early in year and when they re-listed . As this has a huge impact on the company you would think they would have to deal with it and inform the market what is happening with over 5,000 gold ounces potential. Guess what … no reply 🤷‍a94;️

[trader465] 07/6/2024 06:01

Kenny did you email the company to ask what happened to the 5.5koz of gold still within the pads?

"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"

Might be worth getting back in here with the gold in the pads worth 200% of the market cap, an update on the gold in the pads could see a nice gain in the share price