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It would behoove you to do a little DD about Mr. Lovito prior to assuming the worst.
If you read it in its entirety, you will notice that is states the company MAY NEED to issue shares. In no way does that state they are definitely issuing shares, nor does it state the manner in which they would issue shares. How many times do I need to post this???
I have to disagree with you! GDSM HAS NO HISTORY OF DILUTION!
It can't be more clear to me that they have no intention of diluting! They have no history of dilution.
Please see my last post! I'm fairly sure it refutes the idea that GDSM is even contemplating diluting!
JMHO
Look a little deeper and you find this! GDSM doesn't foresee the need to issue any additional shares in the near term other than the warrants. I certainly like the pps of those warrants!!
March 27, 2012
Now is DEFINITELY the time to load up IMO!!
It certainly seems like they are progressing relatively quickly to me. They are getting everything lined up to get the gold out of the ground ASAP. Their mining plan calls for them to be pulling gold out of the ground in far less than a couple years.
http://goldcoastmining.com/2012-gdsm-presentation/
Not IMO! There is too much in the works with GDSM!
I have to DISAGREE! I think we have reached the bottom.
I think those people are trying to load up at these levels because they know GDSM is going right back up very soon! Personally, I'm not going to let anyone profit off of me due to making an uninformed decision. I have more confidence in my own DD than that of anyone that can't provide proof that their statement is valid!!! GO GDSM!!!
Let's be realistic here. EVERYONE has an agenda on here. When it comes to myself, I believe that GDSM is going to do great things, and I post my view of GDSM, because I have invested in the company. If I sold my shares, and I was not looking to buy them back, would I still post to this board? The answer is NO, I WOULDN'T WASTE MY TIME. People posting both positive and negative things are trying to accomplish the same goal, MAKING MONEY!
Please do your own DD so that you can make an informed decision about your investment!
JMHO
It doesn't look like we're really going anywhere at the moment. Now, once they release more news about how much gold is actually in the ground, that will change EVERYTHING!!! I'm still looking forward to seeing the sample analysis data! Aren't you?
Everyone on here has an agenda that benefits them in one way or another. Investors aren't going to waste their time posting about a stock they are not interested in financially. In general, people on here don't give a darn about if others make or lose money. I happen to believe in GDSM, and that is why I'm still holding long.
Do your own DD so that you can make an informed decision about your investment!!!
JMHO
I do have to agree with you, the picture on twitter is just plain silly! LOL...
I like your positive thinking!!!
It certainly hasn't since the last update!
March 27, 2012
I'm pretty sure it wasn't imcat, but thanks anyways...
I'm happy with exploration permits! They can finally see EXACTLY how much gold they are going to be able to pull out of the ground!!! What about the statement that it takes months if not years to get any permits in place, or did I misunderstand that too??? LOL...
JMHO
Here is an interesting statement, those permits that were SO EXPENSIVE that they couldn't afford them are already in place. Go figure...
JMHO
Agreed!!! The share structure remains the same. They already have the mineral exploration permits in place to begin further sampling, and their Plan of Operation has already been APPROVED!! What is there not to like about this???
A mining operation can't be built overnight. I would much rather see GDSM do this the right way than have it completed half azzed. Yes, I would like to see them put more effort into updates/PRs, but I think that will come in time.
JMHO
Personally, I'm hoping that tomorrow is a LOVE GDSM kind of day!
I understand... Sometimes with GDSM it's a love / hate relationship.
Tomorrow, we shall see! Perhaps they have the preliminary sample analysis data?? At these cheap prices it may really pay to double up.
JMHO
GREAT POST!!!
The fires really have NO IMPACT on the gold star. For years upon years, the fires have affected those areas, but the gold still remains. I think Warmy said it best. LOL...
They most certainly did! It may be a long road to the major exchange, but if they make it, it will be HUGE!!! JMHO
Every successful company has to start somewhere! Expensive or not, MANY companies uplist every day.
I NEVER invest money that I can't afford to lose! When I invest in a stock, I consider the money gone. If it was gone to begin with, you have nowhere to go but up!
However, I'm in this long because I think that GDSM is one of the very few pinks that is legit. If it is, we will be rewarded greatly for our patience. JMHO
If GDSM is successful, it will move out of the pink market, and everything you just stated will be void.
No risk, no reward...
JMHO
All comments made are merely a person's opinion! Please keep your comments ON TOPIC!!! LOL...
A stock is not defined by "the gang"! If you are dealing with a legitimate company, like I think GDSM is, the pps will directly reflect the value of that company. As GDSM progresses through the phases and begins to show true revenue, the pps should increase to reflect the value of the company. I will take a legitimate company over the hype of any pumping group any day. Yes, this may be a long term investment without anyone here to pump the stock, but as the presentation states "we believe that we are positioned to to become a respectable junior mining company that trades on a major exchange". Once they move out of the pink market it won't matter who pumps this stock. The pps will directly reflect the value of the company.
In the end, it doesn't matter who is in and who is out!!!
If you have faith in the company, I think you will be greatly rewarded in the long term!!
JMHO
We also have some that are trying hard to get cheap shares, at the expense of others, before the news releases tomorrow, IMO!
I think the last post merely pointed out that that Mr. Lovito has not promised anything that he didn't follow through with, instead of if any single person is up or down. Right now, GDSM doesn't "need" the pps to be anywhere. In all actuality, they don't really need to worry about the pps at all until they are ready to enter phase 3. As of now, they are fully funded through phase II, and they are focused on getting the job done instead of promoting to get the pps up. I would like for them to focus on the pps, but I can't say I really blame them for making getting the job done a priority. It takes nothing to move this stock up or down right now, and if/when they want the pps to go up, it won't be hard to accomplish.
As far as the phrase "you know that they have nothing so far", that is a statement based entirely off of a single persons view of this company. In reality, we all know VERY LITTLE about what will be released tomorrow. Personally, I can't wait to see what they release!
Just remember, everyone here has an agenda! Put a little thought into this, and you can see who is looking to gain a few cheap shares by inducing fear.
JMHO
Perhaps they were in need of money and couldn't wait, or perhaps they were simply impatient. Either way, it's their loss and the buyers gain!! JMHO
Many people are just holding for now. Why would I give my shares away if there is a chance that I could see an excellent PR at any moment??? JMHO
Agreed!
GDSM HAS released updates. They just haven't released them in the form of PRs like we would have preferred. If people want to panic, it will be their loss in the long run. Still holding long here! JMHO
Agreed!! GDSM is being as transparent as possible, and that is truly rare in in this market!!
For the time being I will maintain my view that GDSM is only releasing information through facebook and twitter out of courtesy for their long term shareholders. I think they are waiting until they have all the information in hand before they release a PR. JMHO