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I have traded this stock periodically times over the last 4 years. Last year bought a ton of it at $0.14 and watched it quickly go to $0.44. My normal rule is to sell 1/3 of my position if I get a quick triple, thus ensuring at least break even no matter what. Instead, since it had always traded above $1.00 in every previous year it was on the market, greed overcame reason and I averaged on the way up and now am privileged to enjoy a substantial negative entry in my portfolio.
I have no idea why this stock has sunk to such a low price. I have to assume that folks smarter than me have fairly valued it. The only positive I can offer is that I know Pat Gorman, the chairman of the board, and I can say without hesitation that he is a man of great integrity. If GSDC ends up a total bust, I would be shocked if it was due to any shenanigans. It may be the result of management incompetence, but not management deceit.
Of course, a failed stock is a failed stock either way and honest management is a fool's compensation, but at least it's good to know that the effort is honest.
didn't lose any money on this gem, but a lot of investors have. they need to send out another newsletter.
Understandable, just hoping we've reached bottom and start moving up. But that's hard to do with no volume or news. Would like to see an update come out soon to get more people interested in the company.
It could go either way at this point, it's a gamble. Sorry to hear about your loss and frustration regarding this stock. Keep your eye out in case it does bounce back, you can make some money. (Once you see volume, jump in.) IMO
Good Luck either way!
too many people have gotten burned here in the last two years, gl with that rally.
I believe but apparently it's not today with 0 volume. :)
Here's to hoping for an eventful next week!
interest is coming ~
I saw that and like the potential here, I would just like to start seeing others on this board and some buying going. (Even if it's small buys, just something!)
based on the last PR we should see NEWS soon
and this
the same people that pushed LBSR & RXII are on it this week and
accumulating
Dear Valued Subscribers,
First we want to wish everyone an early Happy 4th of July! We have ourselves a very short week this week with Tuesday being a half day and Wednesday being closed. But nonetheless the markets are still going to make moves and here is what we are looking at this week!
PENNY STOCKS
GSDC - Watch for a .026 breakout to bring in the volume and possible .04 test
LBSR - Broke out of previous resistance off good volume and we are eying the .03s this week.
RXII - Brand new chart and yet another pharmaceutical company and nearing a blue sky breakout. We must make sure it holds .10c this week but as long as volume keeps up we like it this week
To visit our entire list of penny stocks to watch this week please visit our homepage and watch the video Weekly Watchlist for July 2nd.
I see you trying to post about this stock and gain attention, but we need more people posting than just you. A press release would be nice, that certainly might spark some interest!
he is not packed ,last time he moved on couple of hits
GSDC looks primed for a run
Just got a nice 200,000 buy!
VERT sitting on the ask with a lot of shares to sell at 0.025, we move once he is gone!
they have on their alert LBSR & RXII with GDSC
the 2 others are already green and Up
this one is going to follow
Keeping my fingers crossed, could use a nice explosion here! (I am overdue.)
Thanks for the info!
they have alerted LBSR before and they delivered and now they are alerting GSDC for 0.04 test
BIG NEWS is expected based on the latest Pr
Sounds good and all but we need volume to just break that 0.026 mark let alone test the 0.04 mark.
Are you aware of anything on the horizon? Expected news?...etc?
on Radar for 0.04 test per the stock Garage >>>
This from the Stock Garage: Dear Valued Subscribers,
First we want to wish everyone an early Happy 4th of July! We have ourselves a very short week this week with Tuesday being a half day and Wednesday being closed. But nonetheless the markets are still going to make moves and here is what we are looking at this week!
PENNY STOCKS
GSDC - Watch for a .026 breakout to bring in the volume and possible .04 test
LBSR - Broke out of previous resistance off good volume and we are eying the .03s this week.
RXII - Brand new chart and ye
Wow, she's died the last 2 days! What happened to all that volume?
We need some news or something to perk this back up!
the fundamentals are very strong and the chart too,i like what i see too~
I do like the looks of this one!!! with Gold on the rise , this could be the next GDS*!!!
GSDC price is going top explode from here ,big things are coming + 50 MA break (0.028)
we will be in the 3-4 very soon
I don't know if anybody is around on this board, but I went ahead and took a small position in this stock. Looks like it might be turning around and finally going in the right direction. Not much talk on this one yet but I am hoping that changes over the next few weeks.
Nothing to do but sit quietly. Company is being silent, Mineros said more during the DD phase, and no follow up on Tisdale. How's everyones stomach lining holding up? The whole mining and exploration sector has been taking it in the shorts and gold is getting ready to pop like adolescent acne....doesn't make sense to me.
Yes, really quiet. News did nothing.
It's Too Quiet! I thought with the recent announcement, GSDC would do a little better. They've needed good news for the longest time. Oh well. Does anyone have any "inside" information???
http://www.paisminero.com/index.php?option=com_content&view=article&id=5676:mineros-dice-si-para-buscar-oro-en-peru-&catid=129:otros-minerales&Itemid=300105 if it comes out in spanish there is a tab that translates it to english
Mineros dice ‘sí’ para buscar oro en Perú Miners says 'yes' to search for gold in Peru
Mineros dice ‘sí’ para buscar oro en Perú
From the looks of the trading this morning appears to be downward trend.
If it goes any lower might have to buy a few just to get in for fun.
But honestly looks like some beating on a dying horse going on.
deepsea is still hanging on and hoping, remembering the days when it was proven that there was gold in them there swamps.
rereading some of the PR's....Adam may have been refering to the deal that Mineros signed with both Tisdale and Goldsands for the little side deal that Rafal Swiecki worked out. Anyway...some news will be out(good or bad) by the 10th.
That is why I said I don't know if it is true or not in my post. I tried to get a hold of David, but he hasn't called me back yet.
I've spoken to Adam too...please realize that his affiliation with Goldsands is as a promoter, he has other companies,one in particular that he was "letting me know about" the last time we spoke. I think he's well intended, but not really speaking for the company. David Smith has been my source of info regarding the company.
I am still here, just quietly waiting to see what happens. My brother talked to Adam Ross I believe his name is, and he told my brother the deal has been signed by Mineros. I don't no if that is true or not, just what we heard.
sound check...who's still out there listening in??? Riverlakes, Deepsea,docx, still there? Been quiet lately. 8 days from revelation of Mineros' intent, any thoughts? Anyone have any new info regarding Tisdale and their ramp up plan?
I've made all my GSDC and Constitution Minning trades with Scottrade.
I get frustrated with ST and think they are not too keen on sub dime stocks and the entire OTc market. Thats just me. I would never Ameritrade TDA. Those guys are definitly out.
Fidelity is gonna be my next landing spot as soon as ST pushes me over the edge. I been with ST since 1990s and dog cuss em all the time, but stick with em. Scott doesn't offer L2 on OTCs and thats where I have made my home.
I assume you hold your shares in certificate form? Any Scottrade office can set ya up with a few key strokes. If you do hold paper shares, then those will have to be sent to the Transfer Agent, then once verified they are in your ST account. But Broker to Broker, is like a cup of coffee. Simple. They transfeer accounts all the time. I'd go with Fidelity if you have over their minimum to transfer. ST is still low, but I know they want to just be a big board trader
Schwabe is another I like. USBB, or UBSS is their Market maker and is a contract relationship unlike NITE and ST. They are one in the same. Schwabe has a better set up to look out for the retail guy. Their commissions change every 5K shares. Its why you see alot on 4999 trades on L2, LOL
Hope that helps. I think GSDC is gonna stay just like it is.
Hi Fink, new to this --thought you might help me with your thoughts??? I have 300k shares bought at 30 cents per share. I am not now living in the USA and have no trading company holding my stocks. Will this new partnership list on the columbian exchange? do you feel the stock will jump much in the future? I have great expectations and would like to sell when time is right.How can i trade these shares?
thanks
http://www.tisdalemining.com/ try that ... it that does not work.. google it... then look in the articles and there will be a link ... it took me a few times..
Man I looked and searched google and got nothing. Who is it?
.
Seems that Mr. Swiecki wants a bigger piece of the Peruvian pie. Went from VP of GSDC mining operations to chief operating officer and general manager of his own company.
He knows there is gold in them hills.
Hey Fink...you're quite the Oracle! Great read....tank is now full! Waiting for mid May! Look at tisdaleminig.com , check out who's in charge of operations. Thanks
Higher lows and Higher highs. Looks to be a screaming reload about here, Just bring the ASK down 1 or 2 ticks, And I'm back in.
Yeah one of em, Close enough for me.
Stoddard or Stocker? Not sure who you meant
BID sitting may turn out to be a briliant move these next few weeks. I think she is being bought up and If I can score some as others get nervous and bored, so be it. The Gold is still there.
Makes for a sweet little gamble in here. I've always liked Stoddard and what he left to come in GSDC.
Just spoke with David Smith who verified that the filing of the 15-12g was done to preserve accounting funds. Their options were to do this or be out of compliance, which we have experienced already. He didn't think there would be an announcement to explain the filing and that everything with Mineros is moving as it was prior to the filing. GLTA
Better to do this than be out of regulatory compliance and get the out of compliance suffix added (as happened a while back). Figured something like this would happen today as quarterly statements are due.
I think you are right on. Can't imagine the waste of perfectly good DD time. Hoping for continued volume increase with stable price as we wait for news!
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Constitution Mining is committed to the logic of big as the smartest way to build value for our shareholders.
Constitution Mining controls 461 square kilometers (178 square miles) of Gold Sands in northeastern Peru. Previous exploration identified the Peruvian Gold Sands as a possible "elephant" deposit of alluvial gold - and big even by elephant standards. CMIN reported on March 26th, 2010 that it has successfully completed a 26-hole exploratory Phase I drill program designed to test the company's entire Gold Sands property package - including the recently optioned extensions to the north and south. Subsequently, the Company announced on March 31st it had ordered two more Banka drills and was ramping up drilling capacity in advance of an upcoming Phase II drill program. Click here to LEARN MORE
CMIN reported on April 1st it had executed a definitive and binding Asset Purchase Agreement with Seabridge Gold on 30 Nevada-based gold projects comprising 2,141 claims, mostly located in the heart of Nevada's prolific Walker Lane gold belt. The most advanced project in the package of mineral claims is the Castle Black Rock gold project in Esmeralda county, which has an NI-43-101-compliant gold resource of 215,000 ounces in the measured and indicated categories (12.38 million tonnes grading 0.54 gram of gold per tonne) and 93,000 ounces in the inferred category (7.95 million tonnes grading 0.37 gram of gold per tonne). Management considers the potential for the Company to expand on the existing base of 308,000 ounces of gold resources in Nevada to be high. Click here to LEARN MORE
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