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9:25 sako attempts to make a buy on gspg
9:26 sako completes attempt but it thwarted because scottrade has once again kicked em in the nuts, "ALL TRADING ON GSPG HAS BEEN RESTICTED PLEASE CALL OFFICE FOR MORE DETAIL'S .(or was something close to that )).
9:27 sako calls scottrade office and asks politely " what the hell " Scott replies due to extreme rise in volume without a PR we have haulted all trading without a verbal, account, address and ssn verification, from those making trades. Sako replies i read the PR through my Scottrade elite account, tell me the truth. and do you think I should sell?
9:28 Scott advises me to sell and wait to see what happens after market opens.
9:29 Sako does his famed 2 min pitch about gspg in 45 secs to broker, and sells em .Scott says we should set the limit at .0225 and it should cover the buy this morning (.o218). End of phone call,
9:30 to 9:30(sumthin) scott calls sako apologetic and dumfounded, because open was .023 and rising fast, Scott asks if sako still would like to purchase shares this morning, Scott gets an ear full! Scott missed the buy twice and gets another ear full!, finally closing sale for sako at .0235..... A quote from scott upon completion of trade. " dam thats a big difference in shares " ..... Sako is not pleased with scott...
Nearly half a day later, and a bit tilted, Sako feels he should worn others of the Pre-Market pickle. Apparently we are increasing these last few days at such a rate that the brokers think they're acount informations are being hacked. Sako is 100% positive they are aware of the PR's I read them through scott.
My suggestions to all of scott's clients is to take todays' earnings'.rent the closest Apt. next to your local branch. Leave car running 24 hours a day so it stays ready to move.. and when we get the assay results for the quartz vein be ready to hustle to the office in person to complete a trade.. because I think they may want a blood sample next time they see our trading results.
We have 20X the average daily volume now we had 5 days ago. I think tommorrow will be half ( about 90million again) but mostly buys and we will see .04 tommorrow for sure. This will take a week at least to settle down a bit and give any in and out trader the oppurtunity to successfully play a dip.
Do not underestimate the power of the quartz young miner.or you may fall to the dark side .
We didnt settle out of court like most wanted to do during the lawsuits, We have a fighting team who wouldnt let this sell out for peanuts. Majority shareholders have the overall power. But it seems increasingly clear as time goes on that they put trust in our mangement, as do I. And most likely wont pressure quick sale for quick bucks.
Woohoo gold and bonanza grade assay results!
Yes I am kickin myself for not taking the money to the office. I did the money direct thing last tuesday or wednseday trying to be conservative on gas .knowing with 95% confidence that friday was gonna be nice.
Oh well penny wise and pound fullish, lol
I think monday and tuesday are gonna be nice as well and I am ready to pick up a few more, And I convinced a few of friends to buy in. I dont think we will see below .02 again . and if we do it will be brief. I like how the latest and best result is not going to be added to tuesday's evaluation, It should help us trade at the correct price with a bit more confidence.
Thanks I am goin to check in about a margin account monday,
Oops button double clicked :)
RB did you mean after hour trading?
There is no AH trading on this
When you said this I just assumed AH meant after hour , I havent noticed any AH for a few weeks . but luckily there was one today and I can give you link to help me understand what it means if I am reading it wrong.
http://www.otcbb.com/asp/info_center.asp?symbol=GSPG
I read it as 28.0k volume traded at 04:03 pm, I called my broker and he says for $20.00 extra he will trade up to 8:00 est. I saw what I thought was an after hour trade for 4.5 million volume after hours a few weeks back, I was concerned till I learned it was a buy.
YAY
RB did you mean after hour trading?
There is no AH trading on this
When you said this I just assumed AH meant after hour , I havent noticed any AH for a few weeks . but luckily there was one today and I can give you link to help me understand what it means if I am reading it wrong.
http://www.otcbb.com/asp/info_center.asp?symbol=GSPG
I read it as 28.0k volume traded at 04:03 pm, I called my broker and he says for $20.00 extra he will trade up to 8:00 est. I saw what I thought was an after hour trade for 4.5 million volume after hours a few weeks back, I was concerned till I learned it was a buy.
YAY
Same thing hapened to me I left home early today and got home from the horse track ( pocono downs, Big brown will take the belmont tommorrow IMO )a bit after closing bell thinking I was only $55.00 richer today. I was wrong.
Unfortunatly I use scottrade and anything below 4 dollars they make you wait 4 days for your money to clear, so I will be adding a little more monday . I kind of feel todays closing price is the dip. And in the long run who cares about a few tenths of a cent.
The planets are clearly aligning here, Dow is going to crap, Old investor's jumping back on board , new investors' jumping on board and probly wont tell there friends till after they get there piece of the pie at a bragable price, Gold climbing back, 43 101 soon , Asay result like clockwork, We got the new quartz vein, Bush is still an idiot, And I just got three free trades for refering a friend, HAPPY DAYS!
YAY GOLD AND SILVER
Happy to see the .02 wall finaly down . Grats to all even the bashers' .
With the 43 101 set to be released soon I dont think many will be looking for dips or even selling for that matter . I am guessing we will have solid support till this happens .
Robert Faber ( being the 1) and Jim golden ( being the 0 ),Made for the perfect 10.
I was happy to see they were so comfortable at the conference, they didnt even care to pronunciate there speech correctly.. MR. Golden the word is TO ... not TA...
He also made sure internet watcher's new that he was ready to answer more questions before the curtain was closed , I barely finished my third wing before it ended, IT was very short, but I was very pleased.
Was MR. Golden hinting at merger there? Almost sounded like he was about too say we have too much of this dam gold here to handle . Or was it just me ?
http://www.otcbb.com/asp/info_center.asp?symbol=GSPG
Nice call there it is!
I got some wings and some beer , and am set up to watch the conference at 5:10 est. Should be fun too watch. Keep eyes on after hours trading.
Was glad too see the selloff was minimal, and no one was phazed by it, nice support.
Quick question to anyone who is s.e.c. savy.. Do we need to file with sec before we can anounce a filing (43-101) or since the conference is public they can announce the 43-101 without filing first? I dont expect to see it today but I got my fingers crossed still.
About my subpenny comment.
In a nutshell , The red chip has been the focus of attention for quite some time now and if we dont launch like a lot people are swearing too on this day then there will selloff .and I think daytraders will smell dip they will sell, and a snowball may form downhill . and some new money we picked up this week who havent really had time to do some dd will sell. and so on and blablabla. I was just thinking of scenario I wouldnt be surprised to see if we stayed with our average daily volume .
Hopefully that made sense lol,
Today volume is where I was hoping to see it. TO keep us holding and moving strong while the new investors from the conference are making up there minds where to spend some dough. someone posted earlier to the effect of, they probably will not be on the phone with there broker all day making split second trades for all these companies ( lots of companies will be there and they will have lots of dd to do over the weekend ) . I tend to agree and expect to see majority of the positive impact from the conference early next week .
I check this board every day about 4 to 5 times a day ruffly .as well as the updates for gspg probly 3 to 4 times an hour during trading hours. I never feel the need to post because what can be said has been said about this company, anything more is basicly pillow talk ( it means nothing the next day). And I am sure I am not the only one who checks the boards religiously and doesnt want to fill this board with junk. But it's been a while for some posts and maybe we should let 1 per day slide ......Hopefully mine ... :)
We have had nice reason's to get excited about GSPG but IMO unless volume increases more as we get closer to friday I think more will plan to short this stock on monday, causing a major pull back, And I feel it wil be big (SUBPENNY)But at the same time I think it will be brief and come back in 48 hours at the most, Meanwhile I will not sell 1 share till august, I think by this month we should have a true feel about the future of this company. And if big pullback happens I will just buy more at better price,
The best thing about GSPG is we have solid assets, and the idea of cut and run is not the biggest issue, So place your seats back and relax, and enjoy the show.
At this rate even with low volume, the worst is you double your money, by august.
YAY GOLD and SILVER !!
If we only control 7 to 10 % of the company .. how does the price drop 20% . I may be thinking sideways thouhg, I usually am but some sell off from the MM's must be takeing place, I really dont think all 7 to 10 % of the public .. who has been holding for weeks for the 43-101 will decide to leave all at once .
I think the tree is being shook.
I belive patience to be key here.
I am not sure how to read todays filing. or if it is good or bad .
This stock has never really traded by normal thinking . That makes me like it even more. I see gold is creeping it ways back last few days .and we fall in pps? I like it a lot! .droped my average a bit, and couldnt be beter timning for me, as I am off on vaca for 2 weeks monday.
Dollar falling still, Oil rising still, And bloomberg is bashing the stimulous package earlier then I thought they would .
The red chip convention couldnt have come with better timeing.
YAY GOLD!
2 words ,
Stimulus Package .
Once the ridiculus hype of this package is realised . Investors will run right back to gold .I say another 4 weeks for the DOW to take it in the pants.
This doesnt have too much effect on GSPG, IMO of course .but I do believe some have pulled outfor a bit knowing that we are going to remain in pps pergutory untill the 43-101 . And they are playing the Stimulus Pump.
Wise man once said.. I think it was god !
"GIVE A MAN A FISH .. AND HE WILL EAT FOR A DAY .. TEACH EM TO FISH AND HE WILL EAT FOR A LIFETIME"
Bush is passing out fish left and right, And the country will eat for a day . But tomorrow we starve .Gold will see new record by end of summer or before IMO.
WOW south africa is threatening to shut down there mines .. !!!
I sometimes feel bad cheering for the misfortune and despair of others . But I bet Mr. Buffet never did .
Power crisis to hault mining of the worlds biggest gold producers
Anglogold, goldfield, ..... est. time down till 2012 .
They should fill there luggage and bring it too nevada where there are no geopolotics ... And we got the hoover dam to power our mines .
Yay Power failure!!
Info per bloomberg.
I was typing while I heard it on tv so if I missed somethng sorry,
Agreed my friend . I think the eyes will open soon .and we will get this rollercoaster off the ground.
Gold seems too be makin a nice little run at this hour .
I think gspg will follow suit even on a manic monday.
8 day cycle for the drill results, I expect one monday and am kickin myself for not putting money in my account to be cleared and ready ..
The powers that be . Have the power to manipulate the SP because they have the power and know what truely is about too happen .
NO options have been excersized ,
We are getting closer and closer to d-day .
I dont expect d-day (43-101) to be all that explosive, But i do think .03 will happen . Then from there we have to prove we can mine and remain operational. Once this happens I think we will be bought out . then its chaching !
IMO of course .
Other then the new filings and new news that has happened .. i dont see GSPG any different then when I bought in ... all 3 times .
I believe the shaking of tree is what is going on here, No negativity has happened , except for gold droping a bit . But it was back in 2003 when this was considered minable at the days cost . You do the math . I will hold strong till august upon the 1st of august I will decide what I think from there.
Meanwhile my apple stays on the tree . and gets redder and riper . ( my spelling is bad)
The fall in pps today was the normal weekly swing . What i think to be different this week is the aproach of the begining of the mining . and we must definatley shake this tree to get the dead leafs off .
I noticed a few buy ins after hours today , We are owned 92% by some people who know the real deal . I highly dought that even pumper's and dumper's , can affect this stock much . You could put a gun to my dog's head and I wont sell.
I was able to convince my freind to buy in ( he never did though ), and per my prior posts I said yesterday would be the best day to buy in . I was off by one day . This stock is so predidictable . I love it and will retire on it . but I wont play the dips. I will hold strong . and wait for gold to slingshot back . Long till august anyway then i will reevaluate but i see good things for sure .
It says gold reseerves up so I am assuming gold mined and placed in reserve . then he gets the option ?
Effective as of December 13, 2007, the Company entered into an Executive Employment Agreement with Jim Golden, its COO. The Agreement carries a three year term from December 13, 2007. During the term of the Agreement, Mr. Golden’s base salary shall be $150,000 per year, with such increases as may be determined by the Company’s Compensation Committee, with a bonus not to exceed 50% of the base salary then in effect. Also pursuant to the Agreement, Mr. Golden shall be granted 10,000,000 stock options currently and will be eligible for an additional 10,000,000 options for each addition one hundred thousand ounces of gold reserves up to 90,000,000 options. Options will vest over 36 months from the date of the grant. All earned and vested options have an exercise price of $0.00963. Mr. Golden shall continue to receive his full base salary for a period of one year from date of termination and upon a sale of the Company, he shall receive a one time lump sum payment equal to 100% of his then in effect base salary, with all options vesting immediately.
Gonna be a nice week!
Sure and steady wins the race .
I seem to recall bonuses set to go out upon the findings of 100,000 per au . I could be worng though it has been a week or so since I read this . And I cant seem to find it again to make a link.
I am pretty sure we didnt have to pay for the lawyer fees since we won ths suits . I know I read it somewhere, I will take a look to see if I can get a link or paste it.
uh oh... looks like gold is makin a nice rally!
I really dont see trading in and out to reposition with 5%, at this point in time to be worth it .The point of launch is very soon . Now wether it takes off or explodes on the launch pad is still up for grabs (no risk no reward). but according to my DD we might reach mars by june . and if that be the case I think we will see amerger offer by july . Then we enter a new galaxy .
I believe that other mining companies will use the fact that we are not 100% full miner management team to sway current investors , and make an offer .
I am faairly certain we have no production at the moment. Hence the seemingly desperate measures to keep us alive . I dont see em as desperate though I see em as a means to keep us afloat so we can start to produce.
the slight drop in pps on friday has already been bought back in after hourtrading .
Nice post . I apreciate the sharing of the DD.
2+2=4.
YAY GOLD!
I am pleased with these results , I didnt expect The bonanza this early in the game, And am glad to see I can get a few more shares cheaply for another few days .
The drilling is highlighted by a 15 foot interval (195'-210') grading 0.427 ounces per ton gold and 0.53 ounces per ton silver in Drill Hole 24.
This is pretty nice IMO.
I think the veins generaly run horizontaly not verticaly, IF that be the case then we may have just dipped our toes into something nice. I am very excited on this find though . For only havinng 40 drill resulsts . And having the ability to keep testing on 6000 acres .Should teach the major investors that your money is safe here.
I watched the rest of the history channel documentary on the comstock load and it was awesome . They found a 400' wide veign of gold that went for over 3000' ( back in the 1800's ). Amazing!
New Filing
http://app.quotemedia.com/quotetools/showFilingOutline.go?symbol=GSPG&name=GOLDSPRING INC: 10-Q&link=http%3A//quotemedia.10kwizard.com/contents.xml%3Fipage%3D5620132%26repo%3Dtenk
http://www.otcbb.com/asp/info_center.asp?symbol=GSPG
this one works better just hit the filing tab to show the new filing
That damned blue stuff!!
I think you will enjoy this video link . It's only 1/7 parts and I havent watched the others yet . It is 7 mins long and it was pleasing to watch the dd from the history cahnnel .
And yes I found the link from the Yahoo . Yahoo is great but there forums are crazy.I think IHUB is the most effecient..
Seems all are holding strong ( of course). Gold betting bottom knocked out for some reason , I havent had time today to check out why . But GSPG still looking good anyhoo!
No drill result yet .
It's like christmas once a week . Do I get gold or coal in my stocking?
I belive another drill result "if" the contents keep getting better and better is what will send us flying over the wall .This stock is trading on speculation at the moment. we dont have reserves, or any mining happening at this point in time . We do have have many things going for us, The permits and the leech pad alone are worth more then what we are trading at now (IMO of course).What we do have IMO are many, many spectators , waiting too see how this company will be handled over the next month or 2 .If Mr.Faber hasn't used his option by now . Then we are still in good imo . The current financials are minimal compared to the overall outlook of GSPG.
I beg to differ my friend.
The fact that there is not a 43-101 yet is obvious since they dont tend to release one like a surprise. they have an estimated time of when this will happen and we can bounce around it meanwhile.
The refinance in todays market is scary . I think Mr Faber is the type to reduce debt and increase profit . even if it means we have to suffer for a bit longer .You cant expect the planets too align themselves .Sometimes you have to nudge em a bit .
My opinion on why we arent breaking .02 is the volume being traded and the R/S looming overhead .We did dilute and should be past .02 by now but this is no blame for feeding the family .A man must feed his family . We basicly have the same people trading the same shares trying to spin and make a buck on this stock .the dips are lower and lower every week , this says to me that all are holding strong , and the pumpers and bashers are running out of BS to swing with .When we get some new investors we will break with ease but big money investors IMO dont want to buy in a compan knowing it is going to R/S .. Why buy high when you can buy low . I think at this point in time , to gather new investors we need that assay result tommorrow . And hopefully it is good enuff to inspire a investor to ignore the R/S . otherwise next week expect the same trend selling late monday and the dip on wednseday ( why wednseday ? because the results usually come out wednseday night or thursday ). I was hoping that today would follow monday and tuesday .But I think the new filing set off a scare too some and made a small selloff .
Unless a wild horse runs into the cyanide tank And explodes half the leach pad .I wont let go of this one till 2010.
VERY NICE!
Dont forget this is a penny stock trading currently on its potential value and assay results . The price of gold has minimal affect on this stock , In it's swings . We have a payroll and bills to pay.To keep this puppy afloat some measures must be taken untill we can start to mine and pull money out of the ground. dilution is bad, But it keeps us moving forward .
I am still uncertain if the filing today was Mr.Faber using his option or just filing that he has the option .This is my current concern with GSPG .I have a few more, but I am learning that on a b-board you should address one issue at a time. lol
But I am holding strong!
My instincts tell me they are waiting for the convention to announce the mining start date . And this explains to me why they are saying mid summer now, to give time for new investors to find this gem . if they announce we start mining tommorrow they may find themselves in a rut if early results are minimal . the red chip conference probly wont reschedule for GSPG . so strategicly if we give some time after the conference for investors to hob nob with each other and go over the history of the company . They will buy in on the potential value of the company . not what we dug up today and still at .02
I agree dreaded R/S is still there and after a R/S the growth potential is limited and the impatient will bail fast . leading to fall in PPS , who wants to buy in knowing the price will fall . That's kinda what faber said in the interview about the R/S , so he plans to do it on a good announcement. Thus making the impatient Rethink there outlook on this badboy .
I had my house reroofed recently . And the contractor said, As I shakingly climbed the ladder to inspect my own roof ( I didnt even know what too look for ) IF YOUR NOT SURE ABOUT THAT NEXT STEP DONT TAKE IT ! I constantly think of this when I think of Mr. Faber's comments on the R/S. I think he knows the challenges of his comment and is ready to take that step.
I bet would chunga would know .
What makes it wierd for me is that is a statement of changes in benificial ownership. I would think a option would be considered a change in beneficial ownership and a buy would constitue a change in ownership ( without the beneficial part).
The fact that it can expire would mean that doesnt have to own them (hence the beneficial).
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 81,990,000