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Still only a $.01 stock!! It's a bargin!! Get on the horn and let everyone know. This will not slow down anytime soon. This is surely going >$.25.
Who came up with the .77 target? How did they get this valuation? I must have missed the post.
Holding on tight to 2mill. Patience baby.... paitence.
"Never get emotional about stocks" Gordon Gekko ...ha.
That's the smitter attitude we all like to hear!!
Think we'll get some news tomorrow?
Smitter? Did you fall asleep? Cash out?
Still cheap! My price target between $.25 & $.50. I think we're still seeing only a fragment of the buying left to come. GDSM isn't even on the paid promo boards that attract the most noise. Once these investors notice what's going on over here the price will continue to be bid up.
What's up Big Money! When do you see it hitting a dime?
What do you mean? Are they covering their short position?
Timing is certainly a factor.
If you're Marc, assuming financing is in place and the 8k is complete, do you release tomorrow? Thursday? Or early next week?
My opinion is you release Thursday considering we should have a red day tomorrow given the chart pattern. I think red days like we've been having are healthy for the stock and pyschology of the market.
Thoughts??
Now that we've broken our goal of a penny, we need to set our short term target at $.05..... then to $.10!!!
D@MN I LIKE THIS ENTHUSIASM!!!! Might have to do some push ups at my desk.
Just throwing in some humor..
Virgin!? Who said Virgin?!?!? haha...
I'd really like to see some news on the financing or 8k to keep this momentum going.
Added 800k this morning. Currently holding 2mill. Have room to buy another 400k if I decide to.
Good Morning GDSM'ers!!
PP12, you make a very valid point. The valuation models for pinks are primarily driven by psychological factors. All the value right now and future cash-flow is locked up in the land. A solid plan/PR announcement for how financing production will occur should break the psychological barrier. But psychological of the market alone should push GDSM >.05.
Buy Order in for 800k tomorrow morning.
Put me down for 1.1mill tomorrow morning. Holding 1.2mill right now.
At this time tomorrow are we cheering GDSM PPS >=.01 going into power hour??
Ha! I like that attitude!
If NSRS can hit $1.7 on promo-pumping than surely GDSM can hit at least .25 on pure word-of-mouth.
haha! I'll be doing plenty shots of it if GDSM hits >.10.
I feel we all need to take advantage of today by getting on the phone/email and making everyone aware of GDSM. Send out the highlights. Legit company, full transparency, financing in place, uplisting coming, proved reserves, no paid-for promotional hype, ect. This stock is moving purely because we and others recognize it as a fundamentally legitimate company with a promising future.
We need to get aggressive as possible.
If this board is in consensus that GDSM will go >.10, which it appears we are, it's still a very good buy (1,190% upside). The .10 target is on the low end of the spectrum. I'm adding another + 1mill shares tomorrow.
Awesome. Thanks for digging this up smitter.
Uplisting is certainly in the very near future. Since the market is closed and the boss is out of town, today is all DD. I read over their PR Corporate Update from December again.
"This team (audit firm) will work expeditiously to make Gold Coast a fully-reporting company and move to the OTC Bulletin Board Listing Teir. It is important that the Company seek to upgrade its listing status as its mining activities progress. This will make capital in the future not only easier to obtain, but cheaper to the shareholders."
If the company is up-to-date on all filing requirements, then I assume they've satisfied all legal set-backs to uplist. Does anyone know if they have in fact satisfied all filing requirements??
First course of action, OPEN THE MARKET!
If you guys elect me as President this year I'll change the national "holiday" to allow trading on President's Day ;) Sure wish the market was open.
Watching Bering Sea Gold right now on Discovery Channel. Sure would be more interesting if it was called Arizona Gold (Gold Star).
Plan on buying another 1.2 mill on Tuesday. Lets get on the phones tomorrow and raise the bid for Tues!
Trust me! I would love to see $1! I'm just being a realist also. If it hits $1 then I'll be giving my notice at work and buying this whole board a round of drinks!
Anyone else besides me bummed the market's closed tomorrow?
But then again, we saw NSRS reach $1.7 a share on no cash-flow. All PR driven. Valuation's on mico-caps versus large caps are completely different. Correcting my previous post here.
I like the enthusiasm but $1 is hard to grasp. You're implying a market value of $580 million for a company that has no cash-flow?
I'll try to be clearer in my arguments going forward. At the end of the day, gold is a depleteable natural resource, just like oil and land. So yes, as supply decreases and demand increases, gold will continue to go up. Very intuitive concept. But just as equity markets go thru dips over the long run, so does gold. This is the period I'm referring to.
Any who, let’s get back to the excitement of GDSM.
Novacane- Good post and valid arguement. Simply stated, gold will come down temporarily as the global economy turns around. Investors will be more comfortable taking their money out of gold and into higher yeilding assets such as equities. In GDSM's case, I see the stock moving more as an influence in capital being put into micro-cap (high risk) markets versus being a gold denominated investment. If that makes sense at all.
Hey Guys. I’ve been following this company & board for the past few weeks but this is my first post. I really enjoy reading everyone’s comments and I think there are a few posters that appear to be knowledgeable and credible in their DD’s (smitter). I wanted to point out a couple of conceptual highlights that I believe will also influence the price to go up considerably.
• Small-cap & mico-cap markets have seen an influx of billions of dollars in new capital as investors become more comfortable taking on risk in an improving economy. Mico’s such as GDSM will “piggy-back” on this shift of investor sentiment in 2012 as more money enters the market.
• Gold remains considerably high as it’s a safe haven for economic turmoil. So naturally, gold stocks will correlate accordingly. I don’t expect gold prices to drop until positive economic news comes out of the EU. This could be late 2012, early 2013. GDSM should ride this wave.
• The noise around GDSM has just started. Comparable stocks to GDSM have seen increases for a period of 4- 6 months. GDSM has been on its current trend for about a month. As other discussion boards begin to acknowledge GDSM as a mover, more buyers and attention should bid the price up.
• Lastly, we all understand PR’s are the catalyst for making micro’s with no cash-flow move. The 8k and news on financing Gold Star should establish more of a “spring board” for GDSM to take off.
I see GDSM being in the .25 to .50 range in the next 1-2 months.
THERE WE GO!!! Broke resistance twice today!!