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Well, let me know if it is anything that I can use to promote outside of the board here. I'm more of a mind to ambush some shorts after what they pulled lately. I love the smell of margin calls in the morning.
The season is about over for mining the Zeya. Shame all of this gold fever didn't hit for this company earlier. I think the gold will still be there next year. They have been mining this region for over a hundred years. About 200 million in the float. Nice market cap for a penny gold stock.
Thanks Bizzy. PM for you and a Board Mark. Doing more DD other gold plays ATM and I am cautious, outside-the-box-thinking and hope I can contribute as well as learn here. GLTYA
Gold Standard Mining Corp. Announces Extension of Summer Mining Season
Nov 2, 2010 8:10:00 AM
Copyright Business Wire 2010
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Email story | Discuss on ZenoBank | View more ads LOS ANGELES & BLAGOVESHENSK, Russia--(BUSINESS WIRE)-- Gold Standard Mining Corp. (OTCBB: GSTP) (“Gold Standard” or the “Company”), announced today that, due to favorable weather conditions at its alluvial mining operation in Zeya, Russia, the Company has been able to extend the “summer mining season.”
The company holds owns of 100% of Gold Standard Wyoming, whose operating subsidiary, RossZoloto, historically has produced on average about 150 ounces of gold per day during the mining season from its alluvial mining operation. The Company’s alluvial gold reserves are estimated at approximately 3186 kilograms (112,000 ounces). For the past few years, the “summer mining season” has been on average about 100 operating days. However, due to extremely favorable weather conditions, the Company has been able to extend the mining season this year for at least an additional thirty days.
“We are very fortunate this year that the weather was very cooperative and allowed us to extend the mining season. Based upon preliminary calculations, this summer’s alluvial mining results should be the best in the Company’s history. We look forward to reporting the actual results shortly upon completion of the season,” stated Araik Khachatrian, Chief Operating Officer/Director, Gold Standard, and Managing Director of Rosszoloto.
ABOUT GOLD STANDARD MINING CORP. (OTCBB: GSTP)
Gold Standard Mining Corp. is a publicly held Nevada corporation, whose common stock trades on the over-the-counter bulletin board under the trading symbol GSTP. Gold Standard’s mission is to become a producer of over one million ounces per year of minerals from the vast resources of Russia. The Company combines the vast skill base and engineering strength of the Russian mining sector with state-of-the-art Western technology, ?nance, and corporate governance.
Rosszoloto operates a producing gold mine in the far east of Russia near the Russo-Sino border, and currently produces gold from its alluvial mining operation on 12 claims with gold reserves of 3,186 kilograms (112,000 ounces), a gold content of 2 to 10 grams per ton and a gold standard of 763 to 933. Current production is about 150 ounces of gold per day during the mining season from its alluvial reserves.
Rosszoloto also has two hard rock reserve properties at Snezhinka and Elnichnoe. Hard rock mineral deposits at its Snezhinka property have reported reserves (under the Russian reporting system) of:
120 tons (4,200,000 ounces) of gold classified as C1 and P2
3 tons (105,000 ounces) of platinum; and
195 tons (6,800,000 ounces) of silver P2.
Hard rock mineral deposits at its Elnichnoe property have:
69 tons (2,400,000 ounces) of B+C1 gold reserves, which are the equivalent of measured reserves;
6 tons (211,000 ounces) of C2 gold reserves;
480 tons (16,900,000 ounces) of silver;
418,000 tons (921,000,000 pounds) of copper; and
6400 tons (14,000,000 pounds) of molybdenum.
Total gold reserves are calculated at over six million (6,000,000) ounces. The Company intends to continue mining the alluvial reserves and to begin the mining of the hard rock reserves at Snezhinka and Elnichnoe while exploring and developing other projects.
National Financial Communications Corp.
Geoffrey J. Eiten, President
781-444-6100
Source: Gold Standard Mining Corp.
It's simple. He is a day ahead of us! LOL. You have to get up pretty early to get the worm from an Aussie.
GO SAEIE
When we get back to $0.21, this little trip down Memory Lane will resemble one huge MOASS-Bustin' Cup and Handle. Then it will be just Gold and Blue Sky with our name added to the partners list on the Kinross website. Anybody worrying about these little daily stalls has the wrong ideas about this stock and we welcome them to turn their shares over to safer hands. GLTYA
We have you dead to rights on that false info you are posting. Better check the email from your broker because no shares were sold at .091. You are obviously here to disrupt the board so please just keep your fictitious trades to yourself from this point forward.
Post Of The Day for Booki! LMAO Never flip this on a day like this with news pending, eyes on, the chart warming up and a new trend. You will not get back in at what you sold for. Karma is right.
Welcome. And that is not even a gold stock so please don't pump it here as some kind of comparison. Similar floats are no cause for investing anywhere. This sector is hot, we have excellent DD, and significant finds and freakin' awesome potential. All that being said, yeah, our float is so cute.
Yup, we buy and hold because we scare people. That and we know that those who sold low are just talking crap because they regret it. We really don't care, because they are looking at the bottom not the top. They can kick themselves later when that 3 cents they were too scared to risk turns into bucks. The rumor is out there and not buying on it is the worst investment decision they are making in 2010.
You new guys that showed up on the pull back, don't stay locked into that flipping mindset. This can run 100s of percents now that the ground has already been broken. Longs are holding shares all the way up and hungry for gains on them with the complete intention of holding for twice what we have seen so far. GLTY
SAEIE is the hot topic again. We are set to ROCK! Push it!
We are getting buzz on other boards. Work them all and remind everybody that that E is dropping soon.
And lets take out some 9's soon. They owe us .12 soon.
We have a new trend. I am happy with that. That alone will keep us on watch lists, for you traders. The speculators among us are, of course, holding for much much more down the road. Some of the flippers are sensing that they lost shares and they can't hammer us down with BS to get more. Keep your ASKs high and they will have to bid above them to get some because the MMs have very few to sell.
I am having a problem with this shotgun approach to promotion too. Dredge gold or dredge diamonds and stop pumping both.
We sent our Trade Envoys, a couple of 400 pound twins named Yevgeny and Nikolai around to visit Mr. VERT. They are a couple of former Ukrainian miners and they reminded him that he is solely responsible for his trading decisions. VERT won't be a problem. Nor will gaps, 911 trades, three MM thick walls or any of the other urban myths that circulate around Pennyland.
That's funny. Get to know it and you will see that as a very bold (or timid) statement. We have seen some truly ridiculous gold stocks run up the last few weeks and nothing, not even the worst fundamentals, dilutions, business plans, locations, mining methods, or even outright scam status have stopped them for long. This one's one of the junior minors with the most potential to actually produce huge amounts of high grade ore cheaply. Money will not be a problem going forward. SAEIE is the prettiest girl at the dance and her card is filling fast.
You get that you just said it was a dream and then expressed the fear that that dream would come true while you flipped, right? No problem. It's happened to me more than once. That little uptick that signals a good time to sell after a long cold spell, turns out to be the real deal. Usually MMs make it look like resistance and sometimes even do a little dip that hardly covers a couple of commissions. Then, WHOOSH! It is particularly maddening if you held for a long time waiting for it and finally decided to break down and flip it a bit like the other guys. It is really difficult to bring oneself to chase after staring at weeks of red but yes, it really is gone and if you ever see that point that you sold at again, it might be months later.
It's the opposite of the falling knife. It's the pike up the butt.
It's Tantric Trading. We are joined in unison and bonding is occurring between the parties. The push pull is being synchronized and we are tempering our anxiousness to achieve our rewards. Let the journey be our goal. Exercise faith and the wave will carry us to new heights.
I have a feeling that they have the results and the release of the data is going to be strategically handled. They may be brushing up on mergers and acquisitions right now or having some contract lawyers doing some DD. Traders can be pretty simplistic, "Is it up or is it down?" but we all intuitively know that 90% of the deal is beneath the surface.
Lesson learned last week: If news comes it might very well come very late or after hours. This would be a very bad week to be out overnight, IMO. So as long as we are adding make sure we close high so we get a new base tomorrow whether news comes or not.
If we finish around HOD that will be a huge bullish indicator. Just keep up the pressure when the daytraders bounce out of here. They will try to bidwhack and leave us bleeding so they can get in cheaper in the morning. Don't fall for it and keep your bids high, slapping the ASK in the face of their sells and the damage will be contained for a morning rocket ride.
I think that you have to pay white pages to get it.
http://www.timothysykes.com/2010/11/how-joe-bucci-of-ox-financial-turned-184413-into-30-million-in-4-months-working-from-this-shabby-house-cell-phone-amazing-story-picture/
At least you sold on the ASK. Thanks for contributing to the effort. To whomever bought from him at the ASK, you will be thanked many times over.
Very weak resistance going back up. Not so much fear as the first time we did it.
If the bidsitters leave the darkside and bid on the green they can turn their competition into chasers. Winning is a personal choice.
OK Guys the time to hammer that ASK is while morning eyes are on it. We close green today and you will be happy that you tossed in an extra penny here and there. Quit worrying about the downside and know what you are buying.
Per your PM, It's SAEIE.OB. Watch it, DD it. It may change to SAEI this week but that is not the only reason to expect things from it. GLTY
Per your PM. I have deleted a grand total of 2 posts there, both attacking cj and restored one...one of cj's. Don't even think that I am unfair. If it is an iffy post, mentioning the Mods, bashers, pumpers, deletions, cheerleaders, whathaveyou, I prefer to let the Admins deal with it and I report.
I have checked out lots of gold stocks the last week or two and SAEIE is the most promising I have seen.
TAON is a placer mine in Columbia of all places.
SNEY is a shoestring operation paying tribal panners money that may end up funding terrorism or genocide.
CPMCF is just a scam and most have realized it.
PCFG is forced to mess around with experimental methods that will never compete with a big dig.
DGRI is very hot but it is a tunnel mine that is expensive and inefficient.
Some of the other plays are not even prospecting, just empty shells being called miners by pumpers.
One South African outfit is settling for a previous safety zone that the original miners rejected...or was that diamonds? Hard to remember them all.
There are other proven mines right on top of the SAEIE fields and the economy and cooperation there are highly conducive and hospitable. I think you will see the NI 43-101 Technical Report does return excellent results and the insignificant details that people are using to try to hold the stock down will matter little in the long run. In fact, I have even worried that the company might prefer to keep the whole fantastic find completely to themselves and attempt to get all of the stock back. If they do, mine won't be cheap.
I don't go looking to bash a basher's fave stock. I find that the bad karma and ill feelings that it produces is very bad for my portfolio, not to mention the time I waste that I could be looking to my own investments instead of hurting others.
Good luck
The Pics, I presumed, were a good faith effort by an investor to give us the best peek that Google Earth has to offer of the area surrounding the future mine site. I feel neither deceived nor indignant for these temporary and marginal views. Until we get pics from the ground (Which, BTW, would be just as subject to the attacks of doubters.) I am fine with knowing that we have an area big enough there to blow the hell out of, without disturbing the neighbors, and grab a lot of gold from it. Let's move on an not make a big deal of it.
I don't have many posts to be reminding you that this board is about our stock SAEIE not other posters. Refute the content but do not attack others. Call out the BS if you can do it with facts but insults and attacks are verbotten.
GO SAEIE
Anybody who is aware of the need to combat the efforts to depress PPS is welcome in my book. It's not pumping if simple logic is applied to the problem and we recognize that only buying the top will make any shareholder money. We could sell every share that we have at the BID today and those who bought it there would probably have it down to half that day's price in a day or two. When our journey back to where this was before cynics and pessimists let it drop from post F\S was interrupted, we attracted lots of bargain hunters and bottomfeeders who really don't know how to maximize the potential that is inherent in every stock purchase. Too many buy and sell on the BID and then wonder why they lose money. That we still enjoy the interests of too many of the wrong type of traders, is obvious from the efforts we are seeing here to instill fear for personal benefit. Those kinds of traders resist the normal trends and really contribute little to their own wealth.
ASK and you shall receive. It is as simple as that. One way makes sellers anxious to unload shares, the other makes them want to hold on for more.
They are doing this because everybody here is telling them that they can do this. I wonder what ever happened to "Never let them see you sweat?" Darwinism 1.01. The fearful shall be eaten by the mighty.
Another new MM just came on.
Still a low volume shake.
We know. You want nothing to do with this stock. Thanks for lookin' out.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56289957
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56287904
So what is it going to be? Are you telling people to exit at .10 or not? You are saying that you will be doing what they shouldn't do, evaluating based on performance that you cannot reliably predict beforehand. Seems either pointless to say that or very confusing to new investors.
SAEIE (SAEI) Superiority of this Ukrainian mine's potential:
Unlike the problems that other mining companies will have or are experiencing already, we have a huge gold field to exploit with distinct advantages.
A much cheaper labor force in a politically friendly environment.
No need to experiment with unproven exotic methods as in the U.S. We just blast out the rock, grade it and haul it to the crusher.
No dangerous, labor intensive tunnel mining that is slow, inefficient and expensive.
Locked-in Environmental Services approval is part of our deal with no need to worry about bored activists and seemingly endless EPA studies restricting development. We can make great contributions to employment and the economy in the Ukraine.
We are not diluted, going in, with astronomical shares. Some of our competitors have 50 to 200 Billion A\S.
Zero potential to end up funding Al Qaeda or genocidal wars from purchasing small finds from single men working in a muddy pit. One of our competitors that is running right now, may well be responsible for a scandal as big as Blood Diamonds in weeks to come. Invest in Supatcha with a clear conscience and no fear of political upheavals threatening to stop production or to confiscate the metals that we mine.
Finally, check the DD in the Info Box for a peek into just how vast and rich the deposits already discovered are and also give some attention to the potential of the two additional mines.
I am sure that we have all sold into a run and been severely DOH'd when we realized that the rally was just beginning and it ran away from us. That is why we should just ignore the lowered expectations school of thought. SAEIE runs like crazy when it takes off so don't let a lot of passive aggressive predictions of some "analysts" find a home in your psyche. Do your own DD, and if you see the fantastic potential here, don't get shut out when they head fake you into thinking it is going to stop. Just relax and enjoy the ride.
Nice to have a vet with a great pedigree on board, Snow. We all know that you have done your DD well so the endorsement is well appreciated.
You should probably skip the buying back in part. This is too volatile for some. .065 is thin. Weaker players should find a stock that they can handle short term and try not to go for the ones that offer huge upsides.