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Re: SMResources post# 42421

Saturday, 07/26/2014 5:19:32 PM

Saturday, July 26, 2014 5:19:32 PM

Post# of 48039
That old GYST tout you keep posting obviously has not and will not come to fruition. Like most pink sheet mining trash, they 'assume' all sorts of grandiose numbers based on faulty science and faulty data.

"Between Gorilla and Graystone II, the Company has a total portfolio of 1,200 hectares (or 2,965.27 acres) or approximately 12,000,000 square meters (or 4.63 square miles) of mining claims in Peru. The Company estimates that the two claims could have in excess of 500,000 ounces of gold (or $825,000,000 at current gold prices). The Company is expecting that only about 15% of the claims may be viable to mine. Based on 15% of the claims being viable, the Company estimates the revenue potential could be up to $125,000,000. "

Wow, those are terrific numbers, huh? That must explain why GYST has sold off since inception and has had two reverse splits and billions upon billions upon billions of shares have been dumped on suckers who believed that hogwash.

And before you blame it on 'Asher,' remember GYST allowed Asher to fill the pockets of GYST insiders while also helping Asher dump an avalanche of shares onto patsy investors who believed GYST's bullcorn press releases of revenue estimates that go to the moon.


YOU can ignore reality, but YOU can't ignore the consequences of ignoring reality!

A nation of sheep will beget a government of wolves. — Edward R. Murrow

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