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$VGZ - $1.16, here we go!
And that's exactly what I like about you guys. No pump and dump BS... no scams, no screaming about steroidal gazelles... Just straight forward technical analysis and DD on legit stocks.
Good Morning! $GOLD moving north again!
And just want to say how much I appreciate this board and what you and Matt24d do here. This is the best board on Ihub, hands down, and that's a reflection of your character. You've invigorated me to keep trading in the stock market and not just withdraw into hoarding physical gold & silver. Hehe
Cheers!
I didn't say they were ruled by Sharia Law. You said the Muslims themselves wouldn't want it. Yet the Muslims brought it and now have it in Britain, for them. The same would happen in the US.
They probably thought the same thing in Britain. And now they have Sharia Law...
Not just Libs, but the NWO/establishment elites. He's wrecking their plans so they're using all their media to put out anti-Trump propaganda.
$GSS News!
Golden Star Announces Closing of Bought Deal Offering for Gross Proceeds of C$34,500,345
Golden Star (AMEX:GSS)
Today : Tuesday 7 February 2017
TORONTO, Feb. 7, 2017 /CNW/ - Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing of 31,363,950 common shares, which includes shares issued upon full exercise of the over-allotment option, at a price of C$1.10 per share, for gross proceeds to the Company of C$34,500,345 (the "Offering").
The Offering was led by Clarus Securities Inc. and included National Bank Financial Inc., BMO Capital Markets, Scotia Capital Inc., and CIBC World Markets Inc.
The Company intends to use the net proceeds from the Offering to fund: 1) exploration projects on the Company's properties 2) capital expenditures at the Wassa Gold Mine and the Prestea Gold Mine 3) the partial repayment of the Company's 5% Convertible Debentures and 4) working capital and general corporate purposes.
The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Company Profile
Golden Star is an established gold mining company that owns and operates the Wassa and Prestea mines situated on the prolific Ashanti Gold Belt in Ghana, West Africa. Listed on the NYSE MKT, the TSX, and the GSE, Golden Star is strategically focused on increasing operating margins and cash flow through the development of its two high grade, low cost underground mines both in conjunction with existing open pit operations. The Wassa Underground Gold Mine commenced commercial production in January 2017 and the Prestea Underground Gold Mine is expected to achieve commercial production in mid-2017. Gold production in 2017 is expected to be 255,000-280,000 ounces with cash operating costs of $780-860 per ounce.
Cautionary note regarding forward-looking information
This press release contains "forward looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, concerning the business, operations and financial performance and condition of Golden Star. Generally, forward-looking information and statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking information and statements include, but are not limited to, the planned use of proceeds from the Offering, commercial production expectations for the Prestea Underground Gold Mine, and production and cost expectations for 2017.
Forward-looking information and statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Golden Star to be materially different from future results, performances or achievements expressed or implied by such statements. Forward-looking information and statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, performance or achievements of Golden Star to be materially different from those expressed or implied by such forward-looking information and statements, including but not limited to: risks related to international operations, including economic and political instability in foreign jurisdictions in which Golden Star operates; risks related to current global financial conditions; risks related to joint venture operations; actual results of current exploration activities; environmental risks; future prices of gold; possible variations in Mineral Reserves, grade or recovery rates; mine development and operating risks; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities and risks related to indebtedness and the service of such indebtedness. Please refer to the discussion of these and other factors in our Annual Information Form for the year ended December 31, 2015. Although Golden Star has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information and statements. Forward-looking information and statements are made as of the date hereof and accordingly are subject to change after such date. Golden Star does not undertake to update any forward-looking information and statements that are included in this press release except in accordance with applicable securities laws.
SOURCE Golden Star Resources Ltd.
Copyright 2017 Canada NewsWire
$GPL at $2.07! Wish I never sold. I like this company
$GSS broke through .961. Let's run!
$VGZ Nice chart. Looks ready to go.
$GSS, still climbing in afterhours.
$GSS Blue sky breakout!
$VGZ up to $1.07! Lots of runners today.
$GPL at $1.96!
$GSS Kaboomage!! Up 7.22%
$GPL moving well. Wish GSS and VGZ would breakout of their trading range and head north.
...and take the Admiral's daughter (Penny Benjamin) for a ride!
$CETX I averaged down at the right time.
$CETX - We're going ballistic Mav!
$CETX Couldn't have said it better myself. Matt24 Rocks!
ORIONS doing well today!!
Good Morning AF $NAK headed green pre-market
$CETX - grabbed some more at $5.86, already in the green!
$CETX - Scottrade lists the float at 5.2 million shares. Not sure where they source their data, but take if FWIW.
$CETX You weren't kidding when you said shares are tight. It moves on air!
$CETX barely above 50ma now. The gamble is: will it hold?
Me too. I have dry powder waiting for that...
$CETX looks like it's about to bounce hard. But it still might fill that gap down at $5.15.
Either way I'm locked and loaded for 2017 in CETX.
LOL - way to go Ashcroft!
$MNGA - Uh oh, I called them "Dead Money" yesterday and now they're coming after me. lol
News
MagneGas Engages the Ashcroft Law Firm, LLC
Magnegas Corp. - (MM) (NASDAQ:MNGA)
Today : Thursday 2 February 2017
TAMPA, Florida, February 2, 2017 /PRNewswire/ --
MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), today announced that it has engaged The Ashcroft Law Firm, LLC, founded by former U.S. Attorney General, Governor and Senator John Ashcroft, to investigate potential misconduct by third-parties that could involve illegal short-selling and manipulation of the Company's stock. The Company stands by its corporate governance policies and procedures and plans to vigorously defend itself against any false or misleading allegations.
About The Ashcroft Law Firm, LLC
Former U.S. Attorney General, Governor and Senator John Ashcroft serves as founder and Chairman of The Ashcroft Group and The Ashcroft Law Firm. Together with the select group of seasoned, respected and experienced senior executives he recruited to join him -- many of whom helped to lead the U.S. Department of Justice during a significant time in our nation's history -- the Firm has earned a reputation for integrity and a track record for accelerating successful resolutions of even the most complex matters. Their unique approach blends precise legal analysis with business management expertise to serve all facets of our client's needs.
With a focus on issues of integrity and corporate governance, the Firm provides compliance advice, conducts internal and external investigations, referrals and advocacy with regulators, investigators and prosecutors, and legal and consulting services to world-leading clients, including Fortune 500 companies, multi-national corporations and corporate executives.
From leading prosecutions to providing resolution strategies each member of the Firm brings a depth of experience in high stakes, complex, civil and criminal litigation.
Good Morning, $GOLD at $1221...
$mnga short term. You're right about long term but they may need to dilute some more to raise capital for their expansion plans. Lots of $ to be made elsewhere while they're getting their legs
$NAK $3.04 Closed at HOD. Had a $MNGA garage sale, ready to add to miners tomorrow on weakness.
That's what I'm thinking too...
$MNGA - Dead money?
$GOLD, and a lot of Mining stocks, needed this pull back on their charts. Now we should be able to build the next leg up.
Miners turning upwards! Should see some green closings today.
$NAK - Nice churn and moving back up now.
Awesome! Let's knock out $1.01