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Perhaps I'm misunderstanding you. Are you saying that 620 combined acres is not much land? Perhaps you should read the technical summery in depth.
http://mccoygoldmines.com/pdf/GoldStar-Technical-Summary.pdf
In their Jan 12th PR, they stated the following.
"The Company continues to interview for a legal and accounting team to audit the Company’s books and records. The goal is to make Gold Coast a fully-reporting company and move to the OTC Bulletin Board Listing Teir. This move is important for the Company as its mining activities progress. The ability to access capital for additional projects will not only increase substantially, it will be cheaper to the Company and its shareholders."
They have obviously been working towards moving to the OTCBB for over a month now. IMO they have already had their records & books audited.
That is the great thing about this stock! There are no paid promos, and there is no dilution occurring! This company is completely transparent. GDSM is going places and they are taking their shareholders along for the ride!
Agreed! Once the 8K is released and they move up to the OTCBB, we are going to see an entirely different kind of investor step in. GDSM is going up up up!
Welcome aboard! This stock is going to take us far! Hang on and enjoy the ride.
There are still 7M shorts to cover. Hold your shares tight, and make them pay!
Agreed. The MM were driving the price down to cover all day IMO. They only have 7M to cover now, and then we will see GDSM go UP UP UP! More and more of the shares are going into strong hands, and that is exactly what I like to see.
It seems like GDSM wants the value of their stock to continue to increase but not too quickly. If this company is moving to the OTCBB, they are increasing their ability to secure funding at cheaper rates. If the PPS/value of the company increases, their ability to secure cheaper financing would increase as well, right? They seem to be giving us plenty of information with each PR to make the stock go up, but not enough to cause it to ignite. If it were to go straight up, we all know it would inevitably come right back down. If they wanted to dump shares, that wouldn’t bother them, but if they want to increase the company’s value and maintain a higher PPS, it wouldn’t serve the right purpose. Since this is a legitimate company, I think we will see this stock continue to go up at a steady pace with intermittent consolidation for quite a long time, building several support levels along the way. JMHO
Even if we close in the red today, it will have been a great day of consolidation IMO.
MM are trying their best to push it down to cover their shorts. Hold your shares tight and force a squeeze.
That follows their January 12 PR.
"The Company continues to interview for a legal and accounting team to audit the Company’s books and records. The goal is to make Gold Coast a fully-reporting company and move to the OTC Bulletin Board Listing Teir. This move is important for the Company as its mining activities progress. The ability to access capital for additional projects will not only increase substantially, it will be cheaper to the Company and its shareholders."
I love the fact that they have entered the JV on 4 claims!
"GS1 thru GS4 (formally Gold Star) mining claims"
Agreed! I also like the fact that they make it very clear that there will be no toxic financing or R/S when funding this JV.
"This funding effort has been approached and structured to accomplish 2 main objectives; the advancement of the project through Phases I & II and the commitment to avoid toxic financing and/or a reverse split."
GDSM has been sticking to their word on timelines too! That means the 8K and financing documents will be here in 7-10 days!!!!!!!!! GO GDSM!!!!
What part of OPERATE WITHIN GOLD COAST don't you understand? Think long and hard.....
"Gold Coast is currently working with Western Sierra Mining to secure and finalize a project (Gold Star Mine), with financing built in, that the two parties will operate within Gold Coast."
That is a good thing IMO. It means GDSM isn't paying to advertise. GDSM is going places!
Mine are locked up tight for far above 0.10!
Too darn cold for the south!
220K more shares in strong hands.
The fact that he states that it isn't getting much chatter on the boards, fb and twitter shows that GDSM isn't being pumped. He seemed like he was slightly shocked that it hasn't received more attention than it has IMO. All the gains we have seen so far have been under the radar. Once we start getting some real attention, then we will see the true potential of GDSM.
Looking good! Thanks!!!
We look forward to having you on board.
No problems here...
Agreed! The way this stock has been trading over the past two days, hitting new 52wk highs and increased volume, it definitely "feels" like news is coming SOON IMO.
He is definitely going to lose money on this one! GDSM shares are in strong hands, and with the upcoming news, it's going nowhere but up IMO.
Agreed! I'm hanging on and enjoying the ride! Weeeee
GDSM - Can you do a video chart on this one please?
I agree. This will definitely be trending up up up IMO.
We all missed our "special" friend... I thought you had possibly come to your senses and realized that GDSM is going up up up.
Everyone is just now waking up from the super bowl fog.
It looks like they held true to their statement "reestablishing its accounts with several of the national newswire services". They are doing things right this time around IMO.
It never hurts to dream big!
I like how this company is keeping their shareholders informed every step of the way. We are not only getting a website, but also a twitter and facebook page. I think this stock is going to go up up up!
I'm just glad you have moved past your "this stocks is going to be in the trips" statement! Any proof that dilution is occurring with GDSM? I didn't think so....
Trying to cover before the news/website releases.
Seeing as this is your >10th time saying the same thing about GDSM without any justification, I highly doubt it. I did get a good laugh out of your post though.
Pointless posts that display no DD show even a new investor like me that you want cheap shares. To me that says GDSM is going UP UP UP. I’m secure in my investment, and you won’t be getting my shares for cheap. GL
What does it typically mean when you see mirror trades like we are seeing with GDSM?
No wonder APS pumps the stocks it does.
http://newsletter.hotstocked.com/promoters/view/Awesome-Penny-Stocks-64/page-1
Could this stock take a new avenue as it has done in the past? With a new venture comes PR. No more shell company?