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Looking good!!
GYST is looking strong!
GYST .23x.27 premarket
It should get some traction today
I agree. It wont take much buying to get. back in the .30s
Another great PR showing the progression of the mining properties in Peru
A little bit of volume and GYST could seething recent highs
GYST is ready to run today
Keep GYST on your watchlisr this week!
GYST is ready for another run
GM buddy! It should be a good day. Good video support was coming in on Friday and the chart is ready for another run.
Not bad for a new mining company. It is better than 90% of the otcbb and pinksheet companies out there.
Really? How hard of a process was it?
That is an excellent way for the company to generate revenue
The higher Gold goes, the higher GYST profit margin goes on their mining operations. Remember that when they look for mining properties they evaluate whether or not it is profitable at $850/oz or not.
270k shares traded above .30, 20k shares below .30. A new public company needs to do stock promotions in order to bring in new investors.
The Graystone Company (GYST) Announces Shareholder Precious Metal Purchase Program
Print
Alert
Graystone Co. (OTCBB:GYST)
Intraday Stock Chart
Today : Thursday 19 January 2012
The Graystone Company (OTCBB: GYST), announced today that it is creating a shareholder precious metal purchase program. Under the program, qualified shareholders may purchase precious metals from the Company at near spot prices. To qualify a person must be a shareholder of record at the time of purchase and own at least 5,000 shares of the Company's common stock.
Shareholders can download and print a Shareholder Purchase Request Form from the Company's website: www.graystonegold.com.
At least once a month the Company will publicly announce a product to be sold to the shareholders. The product will be limited in number and will be shipped on a first come first serve basis.
The Company's initial product under the program is as follows:
Product
Price
Quantity
1 Ounce Silver Bar/Round
$31.00
20
The price above does not reflect shipping charge of $7.99. Any shareholder who pays by credit card will incur a fee of 2.9%.
About The Graystone Company. The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
There has been NO DUMP. Solid mining company with revenue
With a 4.5Million share tradeable float, this could run hard today.
Graystone Gold and Precious Metals is a wholly owned subsidiary of The Graystone Company. The Graystone Company is a publically traded company (Symbol: GYST) that owns and operates mining properties. Graystone Gold and Precious Metals sells a diverse mix of gold, silver and other precious metals including gold and silver from its own mining operations.
Based on these initial ranges the Company is estimating that the amount of gold on Gorilla could be in excess of 300,000 ounces (or $500,000,000 at current gold prices); however, additional testing is necessary to determine the total size of the gold deposits and the amount of usable land. A copy of the geological report can be found here: Gorilla Report.
Selling Silver and Gold Retail is a real smart way to bring in revenue.
Keep the board up to date on your experience.
Buy Gold and Silver from Graystone
http://graystonegold.com/
Hey it could happen.
Trades for Yesterday:
http://ih.advfn.com/p.php?pid=trades&symbol=GYST
It'd be sweet to trade the entire float today!
The float looks extremely tight, what is it?
I believe you are right. Its just waking up.
Good Morning MT. Yesterday was definately GREEN
It should be a fun ride at market open.
Check out the CFO Interview
http://finance.yahoo.com/news/The-Graystone-Company-bw-26690105.html?x=0
The more I read, the more I like!
That is one way to protect yourselves from Gold fluxuation.
I read that we are profitable at $850/oz?
The initial testing on Graystone II has been successful," said Paul Howarth, Managing Director of The Graystone Company, "however we need to continue to test the property and complete the feasibility study. We will conduct a feasibility study to determine how much of the property is economically minable. There will always be portions of projects that are not cost effective to mine. But to have such positive initial results this early into our projects is exciting and we are looking forward to moving these properties toward production."
The Company has done preliminary testing on approximately 10-15% of Graystone II. The initial results indicate that the part of Graystone II that was tested may contain as much as 20,000 ounces of gold (or $32,000,000 at $1,600 per ounce). Based on this information, the Company has deemed it worthwhile to continue to test the remaining part of Graystone II to determine the amount of gold on the entire property and to map the property for production. Once the testing and mapping are completed, the Company will have a plan for production and know how much of the property is viable to mine
That would be sweet to see 4.5 million in volume.
The Graystone Company Announces Its Bulk Sampling on Gorilla Indicate Possibility of 500,000 Ounces of Gold
Press Release: The Graystone Company, Inc. – Thu, Jan 12, 2012 8:00 AM EST.. .
LIMA, Peru--(BUSINESS WIRE)-- The Graystone Company (OTCQB: GYST), announced today that the Company conducted 23 days of test mining production ("bulk sampling") on its claim "Gorilla."
Based on the results, the Company has estimated that the average level of gold on Gorilla is 0.76 grams per cubic meter. The results from the 23 days ranged from 0.33 grams per meter3 to 1.47 grams per meter3. Based on these initial ranges the Company is estimating that the amount of gold on Gorilla could be in excess of 300,000 ounces (or $500,000,000 at current gold prices); however, additional testing is necessary to determine the total size of the gold deposits and the amount of usable land. A copy of the geological report can be found here: Gorilla Report.
Between Gorilla and Graystone II, the Company has a total portfolio of 1,200 hectares (or 2,965.27 acres) or approximately 12,000,000 square meters (or 4.63 square miles) of mining claims in Peru. The Company estimates that the two claims could have in excess of 500,000 ounces of gold (or $825,000,000 at current gold prices). The Company is expecting that only about 15% of the claims may be viable to mine. Based on 15% of the claims being viable, the Company estimates the revenue potential could be up to $125,000,000.
The Company expects to begin mapping the properties in the next few months. Once the mapping is completed, the Company will devise a plan for production and be able to determine the amount of the claims that are viable to mine. The mapping will also determine if the Company's initial testing was conducted in an area that has a larger concentration of gold than the rest of the property.
The Company acquired 100% of Gorilla for $55,000. The Company owns the claim through its wholly owned subsidiary Grupo Mineral Inca (a Peruvian Corporation). The Company acquired Gorilla prior to GMI being a 100% owned subsidiary and is currently finalizing the paperwork to have the claim transferred into GMI's name. The Company anticipates that it will need to raise up to $750,000 to acquire the equipment and build the necessary infrastructure to conduct mining operations on the claims. The Company expects that it could be mining on these claims for the next 20-25 years.
These results have not been independently verified and were conducted internally to assist in determining if the property contains gold values conducive to profitable extraction. When Company's management evaluates any projects its assumes the market price of gold is $850 per ounce.
No proven (measured) or probable (indicated) reserves have been established with respect to the Gorilla project. Any references to estimated, potential and/or “inferred” reserves or resources, and any estimated values of such reserves, contained in the geological report, or set forth in any other communication (i) do not represent proven (measured) or probable (indicated) reserves within the meaning of Item 102 of Regulation S-K and the Commission’s Securities Act Industry Guide 7, and (ii) should not be relied upon by any person in evaluating the Company’s prospects at the Gorilla project.
About The Graystone Company. The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.