The Graystone Company, Inc. (GYST)

[SMResources]

Read DD from another investor....


$GYST .0022 Valuation Based on 320,000 Ozs of Gold @ $1320/oz

320,000 x $1320= $422,400,000

Cost to mine Gold is $850/oz

So 320,000 x $470 = $134,400,000

Based on Current as of February 10/2014 our OUTSTANDING SS is 479,000,000

$134,400,000 / 479,000,000 = $0.28 per share

$0.28 PPS, were @.0022 which makes GYST Undervalued by more than 12,000%.

INSIDER HOLDINGS are Huge >> 403,846,456 >> http://www.insidermonkey.com/insider-trading/company/graystone+co/1510524/purchases/

Share Structure as of February 10/2014
A/S 1,000,000,000
O/S 479,000,000

6 Days $1,000,000 in Volume on less than 700,000,000 in Volume.

****2 RECENT 8-K's ZERO CONVERTIBLE DEBT ASHER GONE****

http://www.graystone1.com/photo-gallery

They are mining the same Region as NEWMONT GOLD $25.00 pps & IAMGOLD $5.00 pps & both trading on the Nasdaq.

Project Gorilla (Graystone I) and Graystone II have a combined property measurement of 1,200 hectares or 2,965.27 acres where preliminary testing has shown high concentrations of gold. The preliminary testing of approximately 10-15% of GYST’s Graystone II has proven 20,000 ounces of gold is available thus influencing GYST’s team to execute further testing. Similarly, the Gorilla Project has recently finished conducting a 23-day long test production, also called bulk sampling, which has given a conclusion of an excess of 300,000 ounces of gold!

GYST’s properties are located on the Marañón River of Peru, which is abundant in gold deposits and has been mined successfully since the early 16th century.

Peru is the #1 gold producing country in Latin America as it produces 5.6 million ounces per year and is ranked #5 globally.

With over 4 miles of property, GYST anticipates they will be able to mine on current gold reserves for at least 20-25 years.

The Suriname Project

The project, referred to Suriname #1, is approximately 3-4 hours from the closest major city. The Company expects that the project will produce 200-400 grams per day or 4,000 - 6,000 grams per month or $200,000 to $300,000 per month per Pod.

The Company expects to expand the operations on Suriname #1 by adding a Pod each quarter. Each Pod is expected to cost about $250,000 in equipment and is expected to produce 200-400 grams per day or 4,000 - 6,000 grams per month or $200,000 to $300,000 per month. The Company's goal is to have 4 Pods within 18 months being able to produce 16,000 - 24,000 grams per month or approximately $1,000,000 in revenue each month.


http://pyckglobal.blogspot.ca/2013/10/gyst-graystone-company-inc-due-diligence.html?m=1