Greystar Share Discussion Threads

[rambutan2] 22/7/2005 07:44

warrants now to expire 26 august.

[rambutan2] 08/7/2005 11:43

mms must be reading the thread!

posted in canada on tues...
Greystar resourses was John Embry's top pic today on ROB.TV. Talks about greystar right near the end of the interview. Thinks it could go sig higher and thinks Anglo could be a possible T.O. candidate. Very good exposure for gsl.

[rambutan2] 08/7/2005 11:33

closed 290p in canada, so we still slightly behind.

[bionicdog] 06/7/2005 17:47

Still a bit more to come judging fron the performance on the TSE.

[gardenboy] 05/7/2005 17:32

new closing highs on both of my threads tonight! - thinking of starting some more :~))

[rambutan2] 05/7/2005 15:28

well, its name does start with grey!
although it counters that with star - and it's certainly one of my star performers over the last few months.

[bionicdog] 05/7/2005 13:08

I bloody love this share.
No fuss , nobody notices , but it still keeps on going.

[rambutan2] 29/6/2005 10:39

should be bring good news...

Greystar Launches New Mineral Resource Evaluation

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 28, 2005) - Greystar Resources Ltd.
(TSX:GSL)(AIM:GSL) reports that an updated, independently-directed mineral resource study is now underway on its wholly-owned, multi-million ounce Angostura gold-silver property in northeastern Colombia.

[gardenboy] 23/6/2005 08:10

yes, looks like the latest drill results have impressed quite a few over there.

[bionicdog] 22/6/2005 21:23

An even stronger close over the pond should lead to a bit more in the morning.

[bionicdog] 22/6/2005 15:05

Go on you little beauty.

[shirishg] 22/6/2005 12:01

Post removed by ADVFN

[rambutan2] 22/6/2005 12:00

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 21, 2005) -
Greystar Resources Ltd.
(TSX:GSL)(AIM:GSL) reports that diamond drilling in the central Diamante area of its wholly-owned, multi-million ounce Angostura gold-silver deposit in northeastern Colombia has returned 48 metres grading 1.72 grams gold per tonne, plus another 29 metres grading 4.42 grams gold per tonne.

The latest drill results, which include 15 new holes, not only confirm the mineral continuity of the Diamante core area but also show the prospects of defining higher-grade zones of mineralization in the La Alta and Veta de Barro areas.

[rambutan2] 19/6/2005 17:08

no not traded mangal.
i got hold of a few when the placing units were traded for a few months.

[mangal] 17/6/2005 08:34

Ram, did you find out what the warrant terms are? are they traded on LSE?

[gardenboy] 17/6/2005 08:15

IC BUY tip this week

[rambutan2] 07/6/2005 16:11

for anyone with the wrrs, we know in exercise territory - which C$4.50 if i remember rightly. will check terms.

[bionicdog] 03/6/2005 08:33

surging forward on high volume over here LOL!

[gardenboy] 30/5/2005 18:01

wayoutwest,

article added to header, thanks.

...."therefore, assuming as seems probable that prevailing sentiment amongst investors regarding Colombia will become more positive as time passes, and assuming also that further encouraging exploration & development progress is made on what looks already to be a very high quality deposit, it may well be that shares in Greystar have more ground to gain".

[rambutan2] 30/5/2005 12:56

reads pretty bullish...

So the smart question now must be; have the shares got further to rise?

In terms of ounces of resource per dollar market capitalisation, Greystar still compares favourably with its peers, coming out according to estimates made by Canaccord Capital at $14.52/oz, versus a peer group average of $30/oz and a high of $62.83/oz for Alamos Gold (TSX: AGI).

There is also considerable exploration potential in the vicinity of Angostura, most notably immediately to the north in the Veta de Barro area, which is increasingly thought to be an extension of the main Angostura deposit, and slightly to the north of that in the Cristo Rey area, which could be a second deposit entirely. Somewhat further to the south of Angostura lie other interesting gold anomalies, leaving a great deal of exploration potential across Greystar's wider land holdings...

[wayoutwest] 30/5/2005 01:03

Nice new article on Greystar:

[rambutan2] 25/5/2005 09:30

and here's why...

Greystar Confirms Northern Extension at Angostura

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 24, 2005) - Greystar Resources Ltd. (TSX:GSL)(AIM:GSL)reports that diamond drilling in between the Veta de Barro area and the La Alta area of the multi-million ounce Angostura gold-silver deposit in northeastern Colombia has returned 9.5 metres grading 5.28 grams gold per tonne, plus another 17 metres grading 3.19 grams gold per tonne.

The results from this previously untested area, known as El Pozo, further solidifies Greystar's interpretation that the Veta de Barro area forms the northern extension of the Main deposit, which based on the March 2005 calculation hosts 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).

The Company is also particularly pleased with the additional drilling aimed at further defining the western Diamante area, the infill drilling in the southwestern Silencio area and with the results from the underground drilling.

At the prolific Silencio area, the latest holes returned broad zones of mineralization with 92.4 metres grading 1.08 grams gold per tonne in one hole and a second hole drilled 50 metres below cut 112.6 metres grading 1.34 grams gold per tonne. Several new veins were also encountered with hole SI05-
06 returning 1.31 grams gold per tonne over 26 metres and 1.46 grams gold per tonne over 10.5 metres.

Moving to the Alta area, drilling encountered good mineral continuity in Veins 2 and 7 with 17.26 grams gold per tonne over 5.1 metres and 5.06 grams gold per tonne over 10.7 metres, respectively.

In the central Diamante area, the main objective was to infill in the previously insufficiently tested central core area, while on the western edge of the Diamante area a shoot formed on the intercept of Veins 52 and 314 yielded 2.18 grams gold per tonne over 29.8 metres and a shoot formed by the Vein 10 and Vein 351 intercept returned 2.31 grams gold per tonne over 16.3 metres. Other notable results were 4.72 grams gold per tonne over 7 metres in Vein 6 and 3.54 grams gold per tonne over 8.8 metres in Vein 68.

Underground drilling, which targeted the Vein 28 - Vein 52 intercept area, as well as the deeper part of the central Silencio area, continued to return promising grades with hole USI05-05 cutting 5 metres grading 4.86 grams gold per tonne, plus another 19 metre interval grading 2.9 grams gold per tonne.
Underground drilling also intersected both Vein 12 and 13, which contained 1.94 and 1.65 grams gold per tonne over 9.2 and 16.3 metres, respectively. Meanwhile, fan drilling from the station on the North crosscut hit the Vein 28 - Vein 52 intercept yielding 3.2 grams gold per tonne over 19 metres in
one hole with a second hole cutting 6.31 grams gold per tonne over 22.6 metres. With higher productivity on the tunnel program more drill stations have been established underground, and two machines are operating continuously.

The month of April saw a record amount of drilling with 5,129 metres, bringing the total to 17,064 metres for the year as of May 18, 2005. The scheduled 42,000 metres of drilling for this phase of the Angostura program is expected to be completed on budget by mid-June.

[bionicdog] 25/5/2005 08:02

something of a late surge over the pond.

[rambutan2] 19/5/2005 10:31

not quite sure what to make of today's rns...

any views out there?