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Re: Johnstown post# 65260

Tuesday, 04/24/2012 11:56:32 AM

Tuesday, April 24, 2012 11:56:32 AM

Post# of 162648
Important highlights from the presentation....

Schedule:

Phase 1 is almost complete.

Phase 2 is about to begin and will be complete in late summer (August / September?) of this year. This phase is small scale gold production.
NI 43-101 completion is to begin shortly.

Phase 3 to begin in late summer of this year. This is the beginning of full scale production.

Phase 4 is currently unknown.


Uplisting:

Note that GDSM says they are "positioned to become a respectable junior mining company that trades on a major exchange."

That major exchange would be AMEX or NASDAQ. Pinksheets and OTCBB are NOT major exchanges. Keep in mind that AMEX has a $2 and NASDAQ has a 4$ PPS entry minimum requirement.


This is going to happen very fast folks. To meet these timeframes, there is a lot more going on behind the scenes than we all have realized. The trading right now is very depressing but this will change VERY soon. We will be in full production THIS YEAR!

All IMHO