Goldstone Resources Share Discussion Threads

[goldgeezer] 25/9/2024 19:28

Hi Banjo, if you have the inclination to check historical posts, you'll find this poster had a good run at 2.5p to 12p. Then sold. Then purchased 1m shares at 14.5p, which he still holds.

[trader465] 25/9/2024 19:23

I no longer hold, all my GRL were offloaded between November 2020 and May 2021 at 8p to 14.5p

[totally banjo] 25/9/2024 17:40

trader, looking at your posts today you appear to buy into companies at the wrong time (your not alone, I used to :-) ), I still have some at 16p and 8p!

There's plenty of upside if they can achieve their short term goal!

[goldgeezer] 25/9/2024 17:24

Bounced again. Triple low. Bodes well.

[trader465] 25/9/2024 15:41

When I bought here the cap was £5m and the shares were 2.5p, the cap is now up by 50% but the shares are down 60%, that’s the damage of dilution. I wouldn’t touch it now, not even with goldgirls pole.

[goldgeezer] 25/9/2024 12:25

Everyday - rise and drop. It's significant if it can't bounce off offer price of 1.05p.

[totally banjo] 24/9/2024 18:39

Goldgeezer, from today's 'X' feed:

"Bridging the gap between Cell 4 and Cell 5 so that stacking is continuous across the pads"

From what I can gather they haven't started spraying the leaching solution on No.4 so therefore no gold recovery as yet! As said before it's not long to wait!

[goldgeezer] 24/9/2024 13:22

Pad four was finished before August, so I expect a ramp up. Clearly 650 is part of the ramp up, as it's an options offer target.

[totally banjo] 24/9/2024 12:35

I assume but could be wrong,that once all pads are stacked they will start producing the gold. Not too long to wait!

[goldgeezer] 24/9/2024 12:14

"Development of additional leach pads is integral to the Company's objective to deliver the planned 50,000 tonnes of stacked and agglomerated ore within six months, to support gold production targets of 1,000oz pcm"

[goldgeezer] 24/9/2024 12:04

I thought the ramp up was stated to be over a six month period.

[totally banjo] 24/9/2024 11:59

I can't see there being any substantial increase in production until the new pads are producing!

Therefore regular updates via social media on pad progress is good to see in my book.

[goldgeezer] 24/9/2024 11:43

Ah - saying what. How can they update on social media but not the market? Any information on production increases?

[totally banjo] 24/9/2024 11:40

Update via 'X' which is great to see

[goldgeezer] 24/9/2024 10:52

Odd market price. Buy 100k at 1.07p, sell 500k at 1.07p

[alhambra1] 20/9/2024 17:45

Error 🤗

[alhambra1] 20/9/2024 17:39

I'm in again! And Bill Trew (major investor) isn't going anywhere either...

[goldgeezer] 20/9/2024 09:29

Who knows but if a positive production update arrives the price will double. It's a fair punt considering an institution just invested significantly

[spacedust] 20/9/2024 09:22

Why the sudden large buys

[goldgeezer] 20/9/2024 09:21

Increased volume and all buys. Perhaps we get a production update early next week??

[kennyp52] 19/9/2024 08:15

TB .. we will indeed see as if you know the history of this company you will come to realise that every .. yes every issued production guidance was either a lie or misleading or incompetent . Trader465 has highlighted the fact that there is huge concern around our new chair so long suffering shareholders should write off their shares and just hope that some integrity and competence finally turns this business around .

[totally banjo] 18/9/2024 23:17

On the 6th of August we had an RNS regarding progress on the Homase mine with No.4 heap leach pad complete and No.5 getting ready for the liner bein laid.

On the 23rd of August we had their 'X' feed saying that the liner on Pad 5 was completed and pads 6 & 7 are progressing.

Therefore in a couple of months or so time we should have all the pads ready to start reaching their stated goals on gold production! It's as simple as that really, lets see what happens!

[totally banjo] 18/9/2024 22:48

Goldgeezer, was just for the silly people-kenny and trader.

[goldgeezer] 18/9/2024 18:48

Why OD? Gold up after FED rate reduction. All we need to know is that GRL are increasing production above the 275 ounce level.