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So what do you think would happen if 50 million shares were bought at the ask between now and close?
Make or break time today or tomorrow. PPS wedge against the MA(50) comming to a head. This is a classic trading pattern. For more info. see here...
Investopedia - Pennant
GDSM Chart:
Yes they are. Especially considering that at the current PPS, our market cap only reflects about 6500 ounces of gold. We actually have between 25 and 60+ times that amount with ONLY the GoldStar Mine (not including the Gold Crown Mine). That puts our target PPS (with no multiplier) at somewhere between 0.21 and 0.52. Even if you use a VERY LOW multiplier of 4... well you know the rest.
Too much progress has been made recently to claim that nothing has changed. Before now, there was nothing verifiable or definitive... only speculation. We are obviously in a very different situation now.
Would have to break MA(50) support first and it hasn't faild yet. MA(50) currently at 0.0081. Nice bid support at .0080 and above.
That's great! Thanks for the info.
I think when the presentation is complete and released, a lot of people will learn. Presented to the masses, that could very well be the match that ignites our fuse. I sure wouldn't want to be on the sidelines when that is released. And that is any day now.
Yeah, some still can't get the pink mentality out of their heads on this one. This is not a typical pink stock. It just happens to be trading in the pink market... for the moment.
Sideways as defined by the MA(50) which is actually on a gradual incline. Assuming that the MA(50) holds, which it has so far, the PPS will follow and slowly rise.
That is strange. It should have instantly filled at the best offer.
They are obviously working a plan here. This is the real deal! Selling here is a BIG mistake. It just keeps getting better and better.
Awesome!
One thing is for certain... GDSM goes up a lot easier then it goes down here lately.
Based on watching the L2 over the past few days, it's pretty thin back to .01. We seem to be riding the MA(50) pretty strong which I have no problem with as the MA(50) is on a nice incline. If we keep riding it, we will gradually keep going up even if it isn't at the pace that most seem to want.
There will be day very soon, where the PPS trend will crash into the MA(50) and we will break. There are so many chart indicators pointing to a nice break coming soon. The SAR is about to flip, the bollies are getting tight and the pennant forming against the MA(50) to mention a few.
Good support at .008.
Looking like we're going to test the MA(50) again. Watch for a bounce.
Maybe we need to start a 5 Mil+ club.
On the GDSM Facebook page as a response. Link in the post below...
Post with link
Anxiously awaiting this presentation...
Here is the link to their page.
Gold Coast Mining
From GDSM Facebook page...
Philip Thorman: Can we put some more stats out there for the public so they can see the HUGE POTENTIAL in GDSM!!!!!!!
4 hours ago
Gold Coast Mining (Pinks: GDSM): Absolutely, Philip. Stay tuned for a presentation that will knock your socks off. We are currently putting the finishing touches on it and plan to publish it in a variety of mediums: video, PowerPoint, and PDF.
4 hours ago
The I-Box would be a good place to find those answers.
Only ever concerns me if the T-trades are at bid.
Someone wants this to go up slow and I can't say that I don't approve (for the moment).
Not sure what information you are asking for.
This information from WSRA leads me to believe that a processing plant may already be available...
I'm hoping they ate gold laden alluvial deposits and pooped out gold nuggets.
There is also running water on property for 9 out of 12 months of the year.
PUMA... that must mean that we are about to start running really fast!
PUMA Capital
For whatever reason, someone just does not want the spread to tighten up. Every time it gets tight, someone is selling into the bid until it gaps the spread then they stop. Strange.
New MM on the bid... CANT. Anyone ever seen them?
Cantor Intl.
That's the truth! LOL
Proof is in the lack of selling. Small volume going through at bid... our sellers are all but gone.
These ARE the cheapies.
FWIW... In my experience, with these "out of the blue" volume spikes, the run usually starts a few weeks later. Getting in at the very bottom makes a huge difference in gain possibility.
This is what I am wanting to see and it is going to start any day between now and two weeks from this past Tuesday...
AUTO is on ask but not bid on mine. SUNR is on bid but not ask.