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GYST has been involved in real estate, oil, and now gold...maybe next they will do interior decorating...the dilution continues...
Once Asher is back on the scene shortly after the new year, this will see triple zeros for sure...
Nice to see that CMGO is starting to act more like she used to...Good Luck!
THIN to .0009...might as well get out now cause it is only going lower...WOW...and everyone thought I was a basher a couple weeks ago...glad I was able to get out...everything they have done is a set up for people looking to make a quick buck on the BS PR's they have put out.
I hope so too. I have read a lot of articles on gold and there are a lot of predictions that could have gold double what it is now in a couple years...especially if they do a re-valuation of gold once it becomes a Tier 1 due to it being a limited resource
All this has to do with the likelihood that gold will become a Tier 1 asset in 2013 instead of the Tier 3 asset it currently is. Currently, gold is only good for 50% backing on loans as a Tier 3. When gold becomes a Tier 1 asset it will be at 100%. That is why all these countries, especially China are gathering all the gold they can. Gold will soar in the coming years...also, gold has outperformed the stock market every single year for over a decade and the trend is to continue...
That is the only fact I don't know. They could have bought some of these gold bars they are selling when gold spot price was at about 1550 an ounce back in August, which would help their margin some, but that we don't know...GLTA
Here in lies the problem...the price that they are selling the gold bars for online might be over spot price; however, if you look up what they are selling them for and what you can purchase those bars for in bulk to be able to resell, they aren't making squat on their sales because when you buy the bars they charge you a premium percent above spot...maybe 5% at the most...I can buy and sell gold bars online and I don't even need a company to do it...
I agree...most people only troll for items with less than 5 days till the end of the bid anyways
Exactly...so after all expenses, that $50k in sales is actually only worth about $10k in actual income...IMO...that isn't big money in mining...
I think we could too...of the downward style...bid keeps dropping and this thing just loves laying on that bottom band...
GYST dilutes more than 90% of the mining stocks out there!!
Sweet! Sales were $50k...what were the expenses associated with those sales so that we can figure out the actual income? I can sell a million dollar house and say I have a million in sales, but if it costs 999k to build, I only made 1000 dollars...dilution is the key here
How much have we traded so far today?
Yeah, I doubt any of the gold they mine will go to the black market where they won't have to pay taxes on it. I bet they will report every ounce of gold they find...yeah right...
20 MPH and 100 miles is only 5 hours...not 3 weeks...
Yeah, I know...most people can mine in about 2-3 months...i can't believe it has taken them this long...with all the hype on gold right now, all you have to do is turn on the TV to see this...the pictures couldn't look more posed on the website either...nice thumbs up...LOL...what a joke...
Hard to believe it will take 3 weeks to get 100 miles...that is pretty slow...3 weeks and they should easily get another 10 million into the O/S here...
Don't you mean the O/S will sky rocket to cover all the costs?
I am staying away till this stock stops hanging onto the bottom of the BB's for a while...seems to like that area right now...
yes, support...but support is resistance on the way down, so let's not get too technical here...I was just telling timetomakemoney that his .002'S that he has been wanting appear to be on the way...
This girl is getting scary...there isn't much resistance to hold this from going into the .002's...timetomakemoney is going to be smiling and have to be told he was right soon, I feel...
Actually, if you look at my reply, I quoted a positive player on this board...gltu
true...I am out for now...I will be keeping an eye out though...i hope the dilution stops once the big equipment comes and increases production capability
Ok...we will see...they will still get all that money back in dilution times 10...
doesn't really matter...6 million shares at .0006 is only 3600 dollars...he will make 100 times that diluting into the stock before that date comes to fruition...nice way to build fake confidence in shareholders...
I think you should have held out for those .002's...I hate to say it, but I think they are coming...pennies tend to go back to where they came from...I got out today...i took a little loss, but this constant diluting is killing this stock...
are you saying that there isn't still time enough to make your prediction of .0090 by EOD?
Guess I am not a basher after all...no breakout and definitely dilution happening...you can't always right off the people that have a differing opinion...
Not necessarily...if chart shows accum/distr going down with large volume, you are looking at dilution...diluters know exactly what they are doing...
You will see come the 15th when they tell you how much the O/S has increased...I can guarantee it...go ahead and mark this...
right...there is no way they are smart enough to disguise it by varying the size of the trade...
Do you still have the same projection for volume of 80 million+ for today and do you still have the same projection on .0090 by EOD? just wondering..TIA...or is this more dilution, cause it sure appears so
Holy Dilution...what a breakout...i can barely hold on we are climbing so fast...can't wait to see how much the O/S has climbed on the 15th...
Really...you don't think the pump has anything to do with this...wow...the NEWS being at customs in a week wasn't public...many people were waiting on that confirmation
This is what I was looking for in regards to the equipment. Something official. The verification with customs and it being in a PR is good for me.
One might wonder if my objectivity and the objectivity of others caused whoever was watching this board for the company to get on the phone and do some tracking and updating...let's hope so...
Actually, the 300 million+ is the O/S, not the float...
Where did this come from? Or did you compile this information?
If and when the big equipment ever gets to the site, then this should run...until then, I don't see any catalyst to make it run...sales have been touted and then diluted into too much to make this run...lots of investor doubt here I believe...
Let me guess...there is still time for a breakout to happen today...LOL!
It has also made a lot of people broke at the same time...seems everyone forgets that side of the coin