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"Approximately" the first week of March per the filing. I don't know how many times I have to say this over again, but you should look up what the word approximately means.
I wonder how long they will stall information about what's the status at the Gorilla sites? Last update was mid Dec saying equipment arrived at Port. 2 months later we have heard nothing.
"The Graystone Company, Inc. The Company did state that they expect to provide an additional update regarding Suriname this week. There has been no time frame announced for an update on Gorilla."
The only positive, big news would be if they say that the equipment is there, it's already operational, and currently pulling x amount of gold out of the ground. PR would have to back this up by posting a video showing this to get people on board. I just don't see this happening.
And to answer your question it depends how often they throw out loans. Currently we're having back to back converts with very little time inbetween. If this company's rep wasn't known for dilution, and pumps it would already have climbed to the numbers you all claim it should be at.
I'm thinking it was either a bust, or they already exceeded their resources there, but that's just my hunch. Who knows, maybe they sold it all, or transfered everything to their Suriname project.
Emphasis on who knows. I'd like to know what's going on with that overdue equipment.
If a pump or promotion site is being paid by a 3rd party, then they're either being paid by mm's, the company, or the finance company associated with them.
Sounds like they're stalling news. By the time they post "the good stuff" we'll have Asher conversion waiting. Didn't see that coming?
I thought we would be reaching .01+ like you said this week? What happened? Perhaps it was all the pumps, and promotions that were listed in the last 3 weeks that has been the only source of momentum? News alone is never big with this company.
So much revenue assumption and they struggle to sell gold on ebay.
GYST climbing the charts for pump and dumps. Got to love that end of the day profit taking.
http://www.pumpsanddumps.com
Newest one, http://researchotc.com/
"Approximately" the first week of March. That could be the end of Feb for all we know. A couple weeks for promoters, pumpers, daily traders to get their fix and this ride will probably be over. I'd love the momentum to keep going, but I still don't see it with all the dilution coming forth.
I might be able to break even if the pps doubles from where it's at. Hah.
It's not selling though. Wonder how they're making revenue?
Right? I've said this from day 1. The distance from port to their location is about 2 days worth of driving, and there is a good 50 miles worth of off-roading. It should have already been on site unless the shipment broke down or got stuck somewhere. They should have updated us if that was the case. I still can't geologically match up their Peru map on their website with a real map. Their news is either a bunch of bull, or they're stalling news for inside gain. It's getting old. They keep saying they're investing in equipment, but are you sure they're not investing in their own pockets, and using the equipment to rope people into buying their shares? Random pictures don't do justice in my book. Big news and this stock barely moves? No paid awareness with it? They keep stalling news every week. Got to pace it out for that March conversion? I think they're in the business to sell shares.
Increased a/s -> increases o/s -> increases Asher o/s limit -> bigger loans -> more dilution -> smaller pps
In the past has positive news ever out weighed the dilution of Asher? That's a pretty easy answer if you look at the charts.
Why not boast about it then? Hey, the stock is down around 3000% in the last 6 months. 100% gain in the last 3 weeks is clearly important. Using 1-3 cents as a significant reference marker is far fetched anyways, seeing that it was a proven fact that it only reached those prices with paid pumps and paid awareness. Perhaps that happened in the last 3 weeks? Wait, fact, it did. Lol.
And what % has it been down in the last 6 months?
What has it set out to do?
Doubtful. The stock is moving down. Asher makes more money. I'd stall it as long as possible this week.
That's a bold claim. How do you figure? I have no intention on buying in this company again regardless of how low it gets. I wish someone was honest with me from the beginning. I wouldn't be in this mess.
I think you're going to eat your words with that comment.
I don't think pricing has started yet, and that's why you'll continue to see the price drop till the end of the week or the beginning of next week, then we'll get an open pump window until the end of the month, after that March will be dilution city. Asher converts stretch till at least summer, and with the addition of CS and the increase in a/s they're set for unlimited loans in the future. I wish I could see this stock being promising long term, but I don't this year.
They said "approximately" so there is no way to tell exactly when. Feb 28 - 20 days would put pricing approximately on Feb 8. Not sure if holidays factor in the equation. I can only imagine their news will come right after pricing. Guess we will see.
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001185185%2D13%2D000193%2Etxt&FilePath=%5C2013%5C01%5C24%5C&CoName=GRAYSTONE+CO&FormType=8%2DK&RcvdDate=1%2F24%2F2013&pdf=
Yep. GYST only moves on a combination of paid awareness and news. 1 step forward, 3 steps back... entry points always get dropped so hard you can't make them up even with "big news". They're most likely stalling news for the March conversion since that got pushed back.
That's not true. Take a look at the charts again.
Needs to hold .004, or down it goes.
Paid awareness. Pretty obvious though. Lol.
That would be my hunch. Either the company or the finance companies. They did this in Aug, Sept, and Oct. You'd think people would wise up by now.
Do you think they would make that public if they didn't want people to know who paid them? Seriously...
I will believe that when I see it. 3rd party paid promotion + timed pumps for finance companies = setup for dilution again. I feel like this has happened before?
http://stores.ebay.com/Graystone-Gold
Ebay store has sold only 5 silver bars this month...
http://sphotos-b.xx.fbcdn.net/hphotos-prn1/67455_494867593898938_500000848_n.jpg
How deep do you think that pay dirt is? Now I can see why they need that equipment. Hah.
That was a terrible analogy. Honestly, what's so hard for this guy to take out a cell phone and take a vid of them pulling gold out of their system? Instead they show short clips of them throwing rocks around, pics of boulders, pics of equipment in a random shop, and pics of the ceo standing infront of random equipment or holding up a news paper. What does that prove?
Going off that list of what they're sending I'd guess they're not capable of even running right now. I'd assume them having a stone crusher is pretty far fetched. That's not small or cheap equipment, and if they had it they would have crushed those rocks. It's lame that they brushed that question off on facebook as well. Transparency, right?
How do we all know they're mining gold? Once again, none of us are down there or have been down there watching them produce? The gold they show and sell could just be them being middle men in the sale. I could buy gold from someone, and put it on my site at a higher price. Hey, it looks like I mined it?
I'm sorry but if you're going to say you're purchasing all this great equipment for sites and you take random pics, but won't show pics or vids of it running on site then I'm going to get a little sceptical of where that equipment money is really going.
The drive is not that far in mileage, even with the off roading it shouldn't take as long as it has been. It's either a ploy or they're stalling news again.
Maybe they're trying to pump Suriname PR in hopes people forget about it? Lol.