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good for who? maybe the stock will raise to 0.2...maybe....and you an all the others will still have huge losses! only insiders will win!
A positive pr release would be consistent with the type of buying that is going on. Today it looks like 4 or 5 purchases totaling 78,500 shares which is a lot of fairly significant sized buys in my opinion.
My guess is something good is up.
I was told that there will be a pr release sometime this week. Suppose to be good news. I have no idea what it is about.
Another purchase of 200,000 shares. Hmm. There must be some coveted news in the hands of a few people.
This morning there has been two purchases of GSDC stock. One for about 40,000 shares. No big whup, but still a pretty healthy purchase considering how moribund the stock has been doing for quite some time. The next purchases was for 380,000 shares! That's the biggest single purchase I've noticed since I started watching this stock more than a year ago.
Maybe somebody knows something we aren't privy to. Let's see if there is more heavy trading, or if that was a lone wolf...or two.
A few new pictures on GSDC Website.
http://www.goldsandsco.com/goldsands.html
Just because a company fails, doesn't make it a scam. Even if somebody like Pat Gorman was the chairman of a company that failed, doesn't make him a scammer. Smart people keep trying until they succeed. GSDC has made it further than any of those companys that you mentioned.
Mr.Gorman's other company that he's chairman of has the skull and crossbones on pinksheets what does that mean?
RRRO couldn't be a scam it traded 15k @ .001 yesterday.
Goldsands now owns the Peruvian property rights that RiverRun let go. They will probably also take the property rights from First Columbia Gold Corp(FCGC), formerly Amazon Gold Sands (AZNG) that they cannot complete payment for.
This will give them 100% rights to all the properties.
This may be verified in the next GSDC PR.
wonder if David H. Smith listed as VP Corporate Communications for RRRO is the same David Smith who's a Investor Relations Consultant for GSDC? ya think lol
the writer of the letter mister gorman did the same at RRRO.pk! he was the chairman of this co as well! and it was a scam! look where they are now
open your eyes!
dosent paper lie?
"i thik you are wrong"...... you dont have to think, read the facts!
I know that im right!
I think your wrong. We will see who is right in the end, you said they were done a year ago. So why would I listen to you. I'm sure next year at this time, you will still be saying I told you so. And the year after that.
You would be smart to request those shares in certificate form and use them to wipe your arss, because you'll get more value doing that than from the value Goldsands will ever provide! Sad but true.
what you taking about? THE COMPANY IS DEAD! No Volume, no Value and massive dilution! do you really think this is a normal situation? your investment strategy is just funny!
Wish you good look....you will need it
Well I am not wasting no more of my time arguing with you three. We have 500k shares and if it goes up, we win, and if it goes under, then we lose. I don't care, it is a gamble that i am taking and nobody is going to change my mind. If it does go up big, then I hope you three will be man enough to come on here and admit you were wrong. So far you guys keep predicting the end, but it never seems to happen. But then you guys come on after the fact and say I told you so. Option1 told us in dec 2010, that the company would be done by spring. Now he says that he predicted this would happen the way it is happening now. He is wrong, because he said the company would be done by now. I don't care what you guys say, I believe this company will survive and be profitable some day. So have a nice life and move on to another stock and leave us alone.
sorry but you will never laugh! only insiders and people who buy now will win! you bought at 0.30 or more. GAME OVER!
yep, I believe I will be laughing at you in the end. You laugh now, I will laugh latter.
i guess with taking a beating with this stock the only recourse you have is to "believe" good luck with that
So this mining company has made it further along than most. They have actually made it to the test mining stage and gotten good results. So for all you nay sayers, do you think they are lying about the test results? Why are you guys so sure that this is a scam. There are a lot of scams, but some companies will make it, and I believe this is one of them. Most of you keep saying (I told you so), but all of you ( alferdee, option one, donp ) especially option one, said the company would never make it to test production, and they did. This company keeps proving you guys wrong, time and time again. So you guys have about as much credibility as you say gold sands does. So why would I listen to a bunch of people that keep making predictions that never come true, but then claim to be right on everything. I keep predicting success, and you guys keep predicting doom. So far I am right and you are wrong. I might be wrong in the end, no one knows for sure, but so far, Gold Sands keeps proving the nay sayers wrong.
about scott smith:
http://blogs.laweekly.com/informer/2011/06/craig_huey_obama_crisis_kit.php
i told it month ago, this co is a scam!
It does make you wonder what's really going on. All of this testing and testing, and NEVER moving on to the next level. It's so heartbreaking.
At their last shareholder meeting, they voted to have preferred stocks which I thought was positive, being like the "big boys", but in the same sentence, they diluted the available shares! It's so strange, but it seems that no one is interested in this stock, at least right now. I can't understand it at all.
My subscription to Scott Smith's newsletter expired a few months ago. I wonder, is he still strongly endorsing this company? I had such hope for Constitution, uh, GSDC. I really did.
fyi in 2009 they said production would begin in 18 to 24 months now with massive dilution and stockprice near all time low its now 36 months surely you can't be that naive. the market cap is around 18 mil you really think this company is worth anywhere near that no assets to speak of and an ongoing sec investigation.
Regardless of what the objective is here on the political side, it clearly points out the type of BS schemes Constitution, errr... I mean Gold Sands LOL, is involved in.
This was the same crappy mailer I received that first led me on to this crappy POS stock. After some basic DD, it was very obvious this was a pump in dump. You can see my posts starting back in December ripping this POS to shreds. Low and behold, less than a year later here we are at $.10 on our way to a penny!
I love the recent move by management to increase authorized to 600 million so they can continue to dilute the shareholders. Very impressive move.
Even if this wasn't a pump and dump (and it is), Peru is a terrible place to be doing business right now. Between the new political motivations taking shape aimed at the mining industry and the illegal mining that has been going on for years and is now becoming an epidemic, something is bound to break the back of this stock once and for all quite soon.
So by all means, keep pumping this stock like its going somewhere, you're just buying soon to be worthless shares from F&F of management.
one of my fave quotes from them "The PT Barnum Mining Award" lol
A proposal to amend the Company's Certificate of Incorporation to increase the authorized amount of common stock, par value $0.001 per share, from 300,000,000 shares to 600,000,000 share.
when you have some time google: inca kola mining news on constitution mining company, some of their comment's are downright laughable.
As Paul Harvey would say "Now, the rest of the story"
Keep em' coming Don P.
Gene Maddaus's agenda is geared more towards a political campaign smear directed at Republican Craig Huey.
Oh and by the way Republican Craig Huey ended up beating out Democrat Janice Hahn.
Funny story.
http://www.calbuzz.com/2011/07/cd36-hahn-should-survive-hueys-tea-party-frenzy/
This is why I am here.
"We plan to expand our work in these areas and are now reaching out to potential joint venture partners and dredging contractors with the goal of finding partners or additional financing to assist us in developing a comprehensive and profitable mining plan. Current Gold prices are a big driver for our project as time to production is typically faster in alluvial mining than in hard rock mining."
Why are you here? Are you mad because you bought in at $1.00 like your disgruntled friend that wrote the article?
Get over it and buy all you can at.10.
probably all at the shareholder meeting today extolling the virtue's of this great company!
Pumpers? Nothing to say?
can hardly wait for the next pr.
another very interesting article:
http://blogs.laweekly.com/informer/2011/06/craig_huey_obama_crisis_kit.php
run run run
Deepsea, I am well clear of it. I live in the colorado rockies.
Good things are going to happen for GSDC and it's shareholders going forward!
I hope the company can do a better job of keeping it's shareholders informed.
I look forward to a continued dialogue on this board.
My morning buy order is in!!
Z06
Hi Z06 MAN the numbers continue to look very good. I do get impatient with the apparent foot dragging. Lets get on with it. Hope you are clear of Monster Irene. Fortunately it hadn't got going when it passed here last week. We just got 3 inches of rain and gusty winds.
Deepsea, Looks like I will be back in soon. The company should partner-up and aquire some dredgers. The next couple of months should be interesting!
Good luck to you..........Z06
seabridge is a scam as well! only insiders made money!
http://www.citronresearch.com/index.php/2010/03/10/seabridge-gold-amexsa-did-you-know-this/
your a brave man Gunga Din.
I understand, we were also taken by the swiss confidential newsletter. Just because gold is hitting new highs and gsdc is hitting lows, doesn't mean the stock wont eventually take off. I am upset that it is taking longer than I expected it to take. I was hoping the stock would take off last sept when they were suppose to purchase the nevada property. But i have read the chairman's letter and it seems to me like they have a plan and are following the plan. It is just a very slow process. In the letter, it said it could be up to 36 months before full scale dredging is in place. So i am going to keep buying shares every time the stock goes down, and eventually i will either lose big or gain bigger. I understand the risk involved. Once upon a time someone had to take a risk with seabridge gold too and that eventually turned out pretty good for some. Just part of investing for me.
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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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