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thank you for continuing to be the voice of sanity go gdsm now back to my quiet place
Slow day for all the miners. There all down. Were holding up better than the rest.
People just arent trading. Look at all the indices.
GDSM is not about you, smitter, or anyone else. I personally like the Gold that could be involved, no toxic financing, no R/S, and a 750M A/S. They've worked this all out to benefit the shareholders and have stated many times in their filings. So...you did not make my decision to remain invested in this stock.
I also pull for new traders making money. I feel if they hang tight here, they will
Redshirt1, no need for you to explain yourself. If you remain silent and strong until the catty jr high crowd is gone and we are over .05 or higher, that is no problem. Thanks, the future looks golden.
Redshirt,
Good to see and hear from you....
Volume dried up. Close under 8 million at this rate.
I thought I smelled something cooking!?!?
I think a few might be "getting" it now.
Does anyone else smell a reversal?
Great! Lets close above .01 today!
I did add "plus"...in there...
Still buying on the dips. We'll see what happens EOW.
Now thats a little LOW I want at least .10!
So, what is it. 6.25 a share, 6.25 X from where we are now?
Or was that a fat finger, and he meant 0.25? 0r 0.025? LOL!!!
mm that sounds like around where it should be anyway.. LOL If they ever get the mining operations kicking full blast... I hear they are having a water issue....
I'm not sure about the warrants, but it looks to me like they will get us through production without dilution.
-To complete the future funding requirements of the JV, the Company has further agreed to grant the funding investors warrants to purchase shares of the Company as follows:
6.25 x 0.008 = 0.05
I think he meant 6.25 times higher than .008 which is .05
For the pps to be 6.25 the whole 600 acers would have to be solid GOLD!
what the heck does that mean?? 6.25 floors north... LOL I'm not well versed when it comes to lingo lingo.. hahahaha
Any idea when the warrants expire, that's some serious coin for the holders. They want that, and with a few good PRs it can push the price up there so they can exercise.
Just a thought :)
Expecting pps to be 6.25X plus North of where it sits right now near end of Phase I..fwiw....So we'll see!!
so is the whack-fest over, can we move on now?
agree! we just have to wait on those results and should be "Golden" imo
I also own shares in both... I joined recently and rarely post but I have recently started researching quite a few stocks on here. I also think the DD on both boards is good but haven't wanted to admit it for fear of getting bashed.
Hey That Makes Sense..
Could be!!....If they are in the Field and have a few results....That would be Great....But there could be some "Left Field" News too!!
I'm not screaming for News....but will welcome a communication when one is worthy of broadcasting!!
I don't know much about this phasing business but the p p s sure is in a phase -1..... LOL
News will come when there is NEWS!
To the bid-sitter @ .0075....SSSSLLLLLLLAAAAAPPPAAA 'DAAATT AZZZZZZZZKKKKKK!!!!
C'mon Man! Slap that .008 like she's my ex-wife!
we are about due for an update here..
you see...with that phase 1 report already in progress and has been for quite some time, I don't think our wait will be as long as some might think. This report could catch MANY off guard, imo.
Is there a post on the board with an approximate time line for each phase. I believe great things will happen once reports start coming in, especially if the black sands tests come back with great results. If that happens, wealth will come quickly to all longs.
yw:) So therefore, there shouldn't be much, if any, dilution per that filing. The warrants are going to cover the rest of the funding. We won't have a payment due until October and that's only $100k. Peanuts in business.
Ahh!!...I slept through that post probably a gazillion times!!...Gotta bookmark that one..!!
Ty...
Even more Golden, as it IS..just the Wait Now and the Hope/Faith for Great Sample Reports!!
mb I'll just go take a two month Vacation somewhere to get my mind off things!!
Anyone wanna take a bet that the Dow closes down 160-170 and GDSM closes up?
The parties further agreed and have secured funding under the following funding structure for Phase I and II:
-Western Sierra Mining agreed to sell 40mm Series E Preferred Stock it received in 2009 from the Company to a group of investors for $400,000. These preferred shares were issued to Western Sierra Mining in 2009 as part of the parties previous joint venture efforts. Western Sierra Mining has agreed to apply these funds, on behalf of the Company, to the funding schedule above therefore completing the funding required for Phase I and II of the claims development.
-As consideration for the sale of the preferred shares, the Company has agreed to assign back to Western Sierra Mining 5% of its joint venture interest in the claims. The Company may buy back the 5% interest for $100,000. Additionally, the Company has agreed to issue Western Sierra Mining four million shares of a new series of preferred that may be converted to common in 1 year.
-To complete the future funding requirements of the JV, the Company has further agreed to grant the funding investors warrants to purchase shares of the Company as follows:
Ten Million (10,000,000) warrants exercisable at $0.10 per share
Ten Million (10,000,000) warrants exercisable at $0.15 per share.
The Company has agreed to file a Registration Statement to register the shares with
all in all, there will be no dilution here, imo..series E is also on a 1 to 1 basis
Looks like a storm is coming!
You've got that right.. it's pretty choppy.
People sell of at 0073 and a 008 bid pops up!!! LOL
Suckers!!!!!!
Phase II is "Covered" or "Compensated For"..( meaning No Dilution / Toxic Financing )..but the due date is in June according to this?!..Did I miss something?
3) Third payment of $350,000 due 120 days from first payment above (PHASE II) (Jun. 22, 2012)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73541694
Looks like the price is gradually being bid down at this point.
Trust me big things are coming for gold. Silver also, but gold more so. If you own physical gold you need to hold it. If you thought $1,900 was high your going to crap yourselves lol. It will be a good BM though.
This is jumping all over the place on very low volume!
Good post! Just keep in mind though, there is no payment due until October. Phase 1 and Phase 2 have already been paid for:)
Yes...shares will be in the hands of those that will wait for those reports. Low volume for now, but when we get those results...it will be a GREAT day for those that hold, imho!
yea...well, they're red too and will get even redder because they have a SS much larger than GDSM and some real toxic financing involved:)
GDSM...no toxic financing, no R/S and great management involved to make our sp get a whole lot higher from here.
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WELCOME TO THE GREEN LEAF INNOVATIONS PAGE. THIS IS A STOCK UNDER NEW OWNERSHIP.
Awaiting news from new CEO regarding direction of this company.
Prior ownership started a MJ social media and a MJ accessories retailer.
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