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A perfect storm it is...
GDSM's level of transparency is beautiful IMO!!!
Just as many have said before, the mining process doesn't happen over night. This is a legitimate company, and their mining operation will take time, just as they all do. Everyone that has held and continues to hold long will be greatly rewarded in the end IMO!!! Know what you own!
That PR is from early last year, AND there was NO DILUTION. The float remained the same!
Common Stock Year End Quarter Ended Year Ended
12-31-11 9-30-11 12/31/10
Shares authorized 750,000,000 750,000,000 750,000,000
Shares outstanding 579,887,086 444,887,086 444,887,086
Freely tradable 414,887,086 414,887,086 414,887,086
Beneficial shareholders 0 0 0
Shareholders of record 997 984 963
http://www.otcmarkets.com/financialReportViewer?symbol=GDSM&id=75220
This paragraph says a lot for the company IMO.
LOL... Oh so true!
All we have to go on is the payment schedule as of right now. Here is a post by Warmy about the dates.
Brighter greener days are in our future IMO!
I never invest money that I can't afford to lose. That being said, I still believe that this play will be a life changer once it hits phases 3-4, maybe even phase 2. That is why I'm looking at this as a long term investment. In a few months we will know a lot more about where the pps is headed. Right now, I'm just playing the waiting game.
If this company wasn't planning on moving forward, would they even bother to complete and submit last years annual report? IMO GDSM is moving forward, but as we all know creating a mining operation can't be done overnight. As they progress through their business/JV plan, I think we will see the pps increase substantially over time. I'm holding for the HUGE gains here!
JMHO
As many people say "it isn't a loss until you sell". Once GDSM begins to release the results from the sampling of their Gold Star claims, we will begin to see a substantial increase in pps IMO. I think that if we have the patience to stick with this through phase 3, we will see huge gains. I'm looking at GDSM as a long term investment.
I guess that is why they say patience is a virtue. I think patience will make us some nice $$$$ with GDSM.
GDSM is currently in phase I with phase II to quickly follow for the Gold Star Claims. Phases I & II are already funded. We should begin to see information released about the "general exploration, mapping and sampling" very soon IMO!
I could see the daytraders decreasing the pps eventually, but I highly doubt we will be seeing trips any time soon, since our last pullback only took us to a low of 0.0055. IMO patience will pay off big time with GDSM! I'm in this long, and I'm not selling until I see HUGE gains!!!
GO GDSM!!!
Trading with the knowledge that the Gold Star JV is currently in phase I and phase II is soon to follow! Phases I and II are already funded!
Cheap shares right now!!! Going much higher IMO!
Agreed! This is a nice long term investment IMO. I'm sure there is plenty of money to be made in the short term as well, but I'm waiting for the big $$$.
Awesome pick here Smitter! KMAG is looking really good IMO.
I'm aware that phase I & II are already paid. I'm just basing the phase timetable off of the payment due dates.
If we follow their information below we can assume that the first payment was due/paid on or before Feb. 23. The payment for phase II is due on May 23 and the payment for phase III is due Aug. 23. Thus, I would assume it will be released between those dates. We should see information on general exploration, mapping and sampling before May 23. It will pay off to make this a long term investment IMO.
Someone wants this to go up. A 100 share buy at ask to bring it up twice now. Lol... I'm good with that!!!
Admins will delete any posts with names immediately. It isn't because he doesn't want to post them. Lol...
I'm fairly sure that 300 acres is a sufficient amount of ground to place a backhoe on.
Your current average will be VERY low in comparison to the pps once this hits phase 2 & 3 IMO.
Patience will pay off on this one IMO. Otherwise, the funding investors wouldn't accept warrants issued at 0.10 and 0.15.
Ultimately, it doesn't matter who is still in this. In the end GDSM is going up regardless of who is in and who is out. IMO
Smitter is still in this. I think he has been tending to his family here lately.
I would love to see small percentage gains with excellent consolidation for a while. Then when the real news releases, we can see what GDSM is really made of! IMO
In due time we will have HUGE news. News like the N43-101 findings!
Welcome and it's good to have you on board!!
That would be great, but I would be happy with a nice day of consolidation and a green close.
Yes, a lot can change in 7 days. However, it is highly unlikely that dilution would begin the same day a PR is released stating they worked hard to maintain their current share structure. IMO
This was released all of 7 days ago.
It is becoming a bit redundant.
It would be wonderful to be able to just ignore all of the chaos here on Ihub for a while. However, I have accepted the fact that this is a long term investment for me, and the daily swings with the bashing will not sway me to sell.
It isn't a loss until you sell. GDSM has began phase 1 and will soon move towards phase 2. That means we should see the NI 43-101 report released around June 22nd. Patience will pay off with this stock IMO.
Agreed! There weren't any paid promos for GDSM that I could find even when it was at 0.034. Saying that it is a P & D is ridiculous without proof!
Could you please show us exactly who "pumped" this stock? The only promotions that I saw were NON-PAID promos. If GDSM was going to be a P & D, I like to think they would have gone all out like NSR*. This company is only beginning Phase 1 of 4 phases. They have a long green road in front of them IMO.
Said warrants will not be needed until GDSM reaches at least late phase 2. Thus, that allows the MM an investors to play with the stock through at least phase 1. However, once we see phase 2 begin we will see where the pps is really going. Especially once the NI 43-101 report is released IMO! I can't wait! I'm holding long for the big gains!
Shorting a stock requires one to sell high and buy low. Thus, my conclusion from your post is that you have now covered your shorts and would like to short this one again by selling at 0.018. Am I on the right path here?