Greystar Share Discussion Threads

[rambutan2] 18/5/2005 10:24

good, if expected, news. will be v surprised if not a success...
LONDON (AFX) - Greystar Resources Ltd said drill testing of high priority
targets outside the immediate area of its multi-million ounce Angostura gold
silver deposit in northeastern Colombia is expected to start in June 2005.
The initial target will be the Cristo Rey area where soil sampling has
outlined a large anomalous area to the north of the currently identified
Angostura mineralized system, the company said.
It added that mapping over the anomaly has defined a number of vein-like
structures similar in appearance to those which host the Angostura gold deposit
and additional mapping is currently underway between the Cristo Rey area and the
Veta de Barro Vein system, which lies 500 metres to the south.
It added that a number of other geochemical anomalies have been outlined and
warrant further work.

[rambutan2] 15/5/2005 14:20

thanks badday, will try and get hold of one.
it was the confidence of the ceo when i saw him that really got me interested/sold on it.

[badday] 15/5/2005 11:02

Greystar features in a double page spread in a new monthly magazine 'world mining stocks'. It rtails at £4, but is issued free with todays The Business.

Very positive piece, with many bullish comments from the CEO. Got me interested.

[rambutan2] 12/5/2005 10:41

offtopic: im equally excited about colombian oil n gas play ged. well worth a look if you happy about political risk. imho.

typical of mms langland!

[langland] 12/5/2005 08:22

Again MMs are a bit mean with the mark up. Closed equivalent £2 in Canada.

[gardenboy] 11/5/2005 18:54

nice one langland,

"Hodgson said AngloGold is expanding its assets in Brazil, and seriously contemplating entering Columbia. "Part of our new frontiers is that we have taken up some land holdings in Columbia," he said. Sure it may be risky. Nevertheless, he explained, "if. you look at the Yanacocha story, Newmont had that ground when they couldn't get access to it because of all the trouble. They held on to it until they were in a position to benefit from it."

"We know people who operate mines in Columbia. Anglo American shared a coal operation, BHP Billiton was over there as well," he added." In terms of the authorities, it is quite a regulated, organized society. Who knows, in X time, conditions may be much more favorable to develop mines?" Hodgson noted that Columbia has a lengthy mining history"..

[langland] 11/5/2005 16:06

Seems plausible....

[rambutan2] 11/5/2005 13:21

good spot langland.
do anglo already have operations in colombia?

[langland] 11/5/2005 08:07

From the Times market report today....
'Talk of interest from Anglo Gold helped Greystar Resources, up 16p at 201½p, which has gold assets in Colombia'

[rambutan2] 10/5/2005 11:00

its a good contrarian sign.
offers a chance to fill up on the quiet.

[bionicdog] 10/5/2005 10:58

two potential new posters buying today.
this is a very lonely club at the moment.

[rambutan2] 10/5/2005 10:56

for the open mms shifted it in line with canada.

[bionicdog] 09/5/2005 16:52

ah well , nice start tomorrow if they can get their heads round it. the trouble is that there are no trades for them to react to over here.

[langland] 09/5/2005 16:48

Yes, totally stupid....495 now!

[bionicdog] 09/5/2005 16:39

daft isn't it.

[langland] 09/5/2005 14:55

Just hit 4.66 in Cad = £2! MMs haven't moved yet

[rambutan2] 09/5/2005 13:49

yes, cant see takeout below £4 and would have thought theyd hang on for substantially higher as prove more resources. afterall, they not short of cash.

[bionicdog] 09/5/2005 08:00

that'll do for starters.

[langland] 07/5/2005 13:14

Closed at 447 in Canada = 191 mid here though the mms have been a bit mean with the mark-ups in the past week. Volume was also quite good at over 100k. Speculation starting to creep into the Stockhouse board of take out prices between 8-12$ after the recent board appointments. Interesting times ahead...I hope.

[bionicdog] 06/5/2005 16:26

chart is starting to look a bit more interesting.

[rambutan2] 21/4/2005 09:33

just keeps on growing...

Greystar Intersects More Significant Gold at Angostura

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 20, 2005) - Greystar Resources Ltd.
(TSX:GSL)(AIM:GSL) is pleased to report that the 2005 diamond drilling program is continuing to confirm and expand the mineralization on its wholly-owned, multi-million ounce Angostura gold-silver deposit in northeastern Colombia.

The latest drill results, which include 11 new holes and 2 partially reported holes, further indicate the potential to enhance and upgrade the March 2005 resource study of 3.45 million ounces of gold and 14.5 million ounces of silver within an indicated resource of 87.26 million tonnes grading 1.23 grams gold per tonne and 5.2 grams silver per tonne, plus another 4.52 million ounces of gold and 16.9 million ounces of silver within an inferred resource of 111.51 million tonnes grading 1.26 grams gold per tonne and 4.7 grams silver per tonne (Press Release April 4, 2005).

[langland] 07/4/2005 13:18

I have put the minesite link onto the stockhouse board..can't do any harm.

[ursus] 07/4/2005 11:41

has the geologist left a plane without a parachute yet?

[rambutan2] 07/4/2005 11:34

deserves a bit of a ramp i think (from the minesite piece)...

Greystar Resources Tallies Eight Million Ounces Of Gold In Colombia And Could Be A Target.
...Fred informed me that the gold grades in the latest study are more than likely conservative as the method of calculation used only one population base but, regardless, the results still clearly show that the Angostura gold deposit is a very large, near surface mineralized system that appears suitable for a bulk tonnage, low-cost open pit mining operation.
...So with C$32 million sitting in its till, an 8 million ounce gold resource and a market value of less than C$132 million, the C$1 billion question is why doesn't a major gold miner take them out?

it will happen at some stage. of that i am sure!