The Graystone Company, Inc. (GYST)

[Montanore]

You are wrong again. You persist in claiming I never post DD. I have posted plenty since last spring and my predictions have been right. I have delivered my DD to you over and over as proof and you choose to ignore my DD and claim there is no DD. Nonsense.

Well, here's some DD for you again and you will ignore it and claim I've done no DD.

Proof that GYST is not 'environmentally friendly:'

https://www.facebook.com/244666725585694/photos/a.244726838913016.70409.244666725585694/461137240605307/?type=1&theater

Those aren't gold "nuggets". Those blobs of gold are what you get after you squeeze most of the mercury out, using cheesecloth. It's called amalgamating, and is one of the main reasons why the environment is being destroyed anywhere artisanal placer mining is occurring. GYST is not using "environment-friendly" mining practices, they are using the same destructive methods that everybody else uses down there.

GYST failed to determine the pay layer:

Did a geologist monitor the sampling? No. Who did the calculations? Unknown. Without documentation on all this, it throws their table of results into doubt. They made up the numbers based on faulty data. Their sampling method compare was not comparable to their actual sluicing setup--which one of the mods here admitted was old and outdated. This explains a lot about why the recovery does not match their table of sample results. Not to mention that the thickness was not determined prior to mining (which they admit) - that is a fundamental error, because plunging into mining not knowing if the pay zones are inches thick, or many feet thick, is simply foolish and a waste of investor's money.

Their much-touted $125,000,000 was a lie

Not only did they not determine the thickness of the pay zone, they did not say anything about the size of the sample they took. If it was a bucket's worth, that isn't sufficient. For placer deposits, the bigger the sample, the better. A cubic meter at each location would have been much better. And what kind of equipment did they run it through? Pan only? Sluice box? Or worse yet, maybe they sent it for assay (that is a big potential source of error in evaluating a placer).

They made big promises on Suriname and delivered nothing:

The Suriname thing has so many inconsistencies - lode or placer, they apparently can't make up their minds. They are looking for a vein (therefore it is lode). They need crushers (therefore it is lode). They need water to process it (therefore it must be placer). Who the heck can tell what they are mining- I don't think they even know.

The release fluff, touting PRs claiming things that never happen:

We have contracted with a local drilling company a limited drilling campaign on one of our sites that will give us an indication of what is 10-50 meters deeper. NOPE--never happened.

GYST has continuously released wild expectations that never come true:

Company’s Expected Production

The Company expects to recover approximately 850 – 900 ounces of gold in 2013 for revenue of approximately $1,000,000. The Company expects to recover approximately 2,000 ounces of gold in 2014 for revenue of approximately $2,500,000.

BUNK! They produced $73,610 worth of gold last year AT A LOSS! The Company’s operating expenses in Peru exceed the gold produced by approximately $7,500 - $15,000 per month. The Company was losing between $7,500 - $15,000 in Peru.

They pump up their stock so it can be dumped. Here is an example:

Upon the completion of re-working as needed all 100 wells, GYST’s petroleum division expects annual revenues of approximately $2,000,000.

http://www.reuters.com/article/2012/07/24/idUS138262+24-Jul-2012+BW20120724

They delivered NOTHING. Nothing but a massive reverse split on those who trusted them.

This is just some of the DD which you will smear as not being DD because GYST can do no wrong--never has, never will! LMAO!