Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Finobacci Retracements (0.0017-0.01 )
38% 0.0068
50% 0.0058
62% 0.0049
watch the video inside the link
( dont have to subscribe...) just wait until the video comes up
http://club.ino.com/trading/2009/07/what-happened-to-the-gold-market/
http://broadcast.ino.com/education/gold728/
I wonder if there is a third party, I mean a mining company, owning coastal gold sites, which could be part of this speculative Merge?
Muaythai:
"... well what alot of our newer GDSM'ers are missing is that WSRA has numerous gold properties in the Bradshaws all within a 20 mile radius. GDSM from what I understand is going to put a processing plant right smack dab in the middle of them. A site that is already determined so as to service ALL of WSRA's claims eventually "
My SPECULATION of a future Merge will come AFTER the Processing
plant is built and Operating. It will give GDSM quite a Leverage into the Merge/Reverse Merge.
a possible Reverse Merge could be like this
1. GDSM "buys" WRSA
2. WRSA actual CEO becomes ceo of GDSM
3. the name Western Sierra is wiped out and
Coastal Gold Mining Co stays .
4. One question we should research on is why Jason has chosen the name Coastal?hmmm... Interesting
I wont be surprise if we go back to 3's
I wonder if I can get shrs at $0.0001!!
It appears that vlume will be low today .
MMs will take advantage of newies to lower the bid.
Did you pass by Prescott AZ and see Wsra properties?
Hey Orca Big waves from Tahiti were hitting Cali yesterday...
I dont see buyers anymore!!, the Bid is not holding.
MM just taking advantage of it.
There is not broad coverage yet.
666,666 @0.70
Who said that MMs dont have fun too?
Yesterday we had a volume of 30 Mill shrs at this time....
Why Buy WSRA if there is a great change that
GDSM will merge/reverse-merge them?
GDSM = Cow Cash
WSRA = Mining Specialists
I stick with my previous figure: 0.003-0.005. It could ran easily upto a penny depending on how Trafalgar spin the Reverse Merge...( Hope they hire Dewey on that since It looks like he is an pundit on it )
Harr.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6060236
"On May 7, 2008, we received a notice of default from Trafalgar Capital pursuant to our obligations from the convertible debenture financing provided by Trafalgar Capital to the Company on November 30, 2008. Under the terms of our agreements with them and the filing of a UCC financing statement, Trafalgar Capital has the right to seize the Company’s assets at any time. In the event Trafalgar Capital exercises its right to seize the Company’s assets, the business will fail. "
muaythai
From what you just said:
are you implying a possible Merge on the works?
It sounds quite plausible to me..
We have 2 hallMarks today:
52 Hi at 0.01 and Record Volume
Shareholders Keep in Mind:
BOOK VALUE ( Before dividends )is well over $0.05/shr.
Dragon..
http://finance.yahoo.com/news/Gold-Coast-Mining-Announces-pz-3088200395.html?x=0&.v=1
The translation in popular terms of this Update is:
----------------------------------------------------
Look Dumb Shareholders ...I will repeat once again ( this 3rd update in 2 months )
You will get $0.0167 for each shr and is Free!!
Do you get it now!!!
-----------------------------------------------------------
so Where is Blondy ..Solf Off already?!!!
how dumb indeed!!
We are easy cake for th MMs!!!
Finobacci Retrace right at 62% = 0.081
Looks like the NAIVE investors will take a profita @ 0.01
How silly!!!
BOOK VALUE well over $0.05/ shr!!!!!!!
(Before dividends)
CHECK THIS OUT:
If WSRA will get 60 Mill shrs. of MMG in exchange to the 2
JV with GDSM.
60 Mill. Shrs x $0.0167/shr = $1 Mill. exactly!!!
So our calculation is right $0.0167/ GDSM Shr
Actual Book value of GDSM is $0.0668/shr !!!!
Future BV unknown until we kwow more details of the 2 JV's
"I'd like to know why Trafalgar gave DnC money in the beginning but wouldn't continue to finance their operations"
Harr I can answer that for you:
Do you know what is "Toxic Financing"?
That's what they do.
If You search on Trafalgar you will find out It has foreign branches which allows them to operate into the S8 rule.
I suggest you to search that topic to understand clearly how it works. I researched on it once and it has been very useful to me.
When I invest into a company , First thing I do is look out for S8 reports. That's the first sign of trouble.
Most Toxic Financing works by shorting the stock until the
Co. fails . Then they take over the Co.
Can't explain it here. It is a little complex but very interesting. It is like a back door for "Legal" fraud.
Certainly you need a steel stomach for "Q" suckers and at least
a possibility of a 50-100 bagger to make it edible to consider investing here.
69 nice number !!
It is just MM games
5000 blocks ...
they Need cheap shares so desperatly!!
Hey Harr I hope you got into G....
right now is 0.0065
You'll safe until we get to a penny but you will lose the Divs..
Huge Volumen hmmmmm!! still 2 hours to go!
and almost no Sellers !!!
Hmmmmm.
I Bet ...Dewey could sell his mother too!!!
F##ing Basta#d..
Ok I'll do this eve..
Yes we are setting a record on Volume..It should entice new players this afternoon..
We should/must illustrate them why this is not a swinger/daytrading stock at least until first/second week of August.
Are we setting a record on Volume today?
I think the highest Vol. has been around 12 Mill. Shrs
Harr, Do you think Dewey is still in control of DCN?
I have the feeling that Trafalgar is in charge now and sorrily to said it won't play in Shareholders' Interests.
The only thing in favor for us is that buying at 0002 levels is relatively safe.
the Train is leaving !!!
Still plenty of room.....
Harr I dont have the Private Feature so I will answer from here.
1.GDSM shareholders dont know how we are going to get the Dividends yet: Cash or Shares of the New spinoff Company.
If we get the latter I guess that everybody will try to sell the spinoff shares inmediatedly.
2. The Company has not established yet a cutoff date for the dividends. My guess is that, the interim Ceo is enticing the market as a way to raise GDSM's PPS.
3. There are new developments going on beside the dividends that will increase dramatically the GDSM's PPS
like the 2 JVs with Western Sierra etc.
The GDSM's IHUB Board has interesting information but a DD is a must before investing in any Co as we all Know.
I just sent the following Email to
editor@otcjournal.com ( Home Page : www.otcjournal.com )
-------------------------------------------------------------
Dear Sir:
You might want to take a look at GDSM
There is a nice developmemt going on!
check this out for starters:
http://finance.yahoo.com/news/Gold-Coast-Mining-Announces-pz-3088200395.html?x=0&.v=1
I'll bet you'll be gratefully surprised!
Best Regards
----------------------------------------------------------
Let's hope he forwards the news to a broader audience!!!
Harr I sincerely dont get it!
It's the easiest money anyone can get it!
If You Buy today at $0.0025/shr then you get dividends of aprox. $0.0167/shr by Mid August plus you keep your shrs if you want it...Better than that!!!. I havent seen that in my life...
Am I missing something?
I guess GDSM is not in the radar yet. It changed name in the begining of this month.
Also most of the shareholders are out of funds...and have not levereage for BB stocks.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39821394