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How do the words "projected" and "expected" translate into "a sure thing"? There are no wild or outlandish claims being made here.
Considering that large wells can have a flow rate of 20,000+ barrels per day, this is very modest venture in comparison and by no means impossible or even a long shot. But that is the point here... Mike is starting small and building a portfolio.
True. It's all up to the efforts of the new CEO now. So far, so good IMO.
Ouch. Forgot about that one too. At this PPS that will take A LOT of shares to cover!
Hopefully... eventually. Investors need proof of progress. Mike is following through so far. I believe it will take the audited fins to get us moving, a Form 10 to add momentum and revenue showing up in the filings to really peak interest. At that point, these cheapies will be gone.
Lots of selling. Is there a note due and being converted?
Bottom falling out. Surprised to see 0.0008 so fast today.
Was that VERT that dumped the 8 million yesterday?
Trips more likely. No communication or interest here.
There is no problem with the filing. The HUGE problem lies with the lack of understanding of filings and how the stock market works in general.
Be sure to listen in on the next conference call for better understanding of these and the future of GDSM.
Ouch. New lows here. Should be some support in the 0.0009 to 0.001 range. If that breaks then who knows.
CEO true to his word and following through. Filing is right on time. Conference call coming to discuss Q2, audit, Form 10 and acquisitions. Can't wait!
.0005 EOM
For "nobody" to believe in GDSM anymore, there sure are still shares being bought. Most that know the truth here are holding and waiting on the new CEO to follow through. So far he has done everything he said he would. Patience will win here.
Where is the data to support these claims?
There has been plenty of opportunities to make money here in the past 16 months.
There are no shares "missing". All are accounted for and the filings have been updated. Also, there is an audit in process.
Easy answer on the money... in investors pockets.
Nobody was robbed. To be robbed of anything, one would have to be forced out of something. Nobody has been forced to buy or sell shares here. Some have made money here and some have lost money here. That is true for every single stock in existence.
Yes he is. Pinksheets updated the company info. Yeild sign should drop shortly. Audit in progress and form 10 in the works. So far the CEO is spot on. Keep up the great work Mr. Shea!
No point missed at all. I'd be perfectly fine with the PPS reaching the lowest strike price!
It's funny how often predections of "never" are wrong in this market.
Looks like the CEO is following through as he claimed.
If the holders of those warrants ever capable of purchasing at that strike price, we will all be rich. I would LOVE to see .125 by 2015!!
PPS is meaningless at the moment... except for it being a great price at which to buy. The PPS will go up when the CEO's efforts come to fruition. Patience will pay IMO.
Wise words... even if I do say so myself.
Too bad they have no relevance to J Rod or SKAs post.
John Martin obviously is not fully devoted to SIRG.
That's the thing about successful people... they see opportunity and take risks where those that aren't successful do not.
There is a lack of understanding on what the CEO is planning. Call him and he will clear it up.
Gold Coast Mining.
Michael Shea
Phone: 203-210-5614
Email: michaeal.shea@silvermineadvisors.com
Twitter: @GoldCoastMining
Visit Us on Facebook: Gold Coast Mining (GDSM)
It is easier for those who know what they are doing. It is a good thing that the new CEO has many years of experience in banking, mining and oil & gas with the contacts to go with it.
Read the PR.
It is that easy and many individuals and companies build investment portfolios.
Yes. It is investing in currently producing oil fields and receiving a return on their investment. It is an investment strategy to start generating revenue (relatively) quickly. GDSM isn't making claims of being an oil company. (no finding oil, no drilling, etc.) There are no leases to be secured just investments to be made.
This is essentially a starting point... something to get GDSM moving in the right direction with positive cash flow. Once moving, only the CEO knows what direction GDSM will take. It may or may not be gold mining. His vision for GDSM is a diversified holding company. New website will reflect this... GDSMholdings.com
The CEO explains most everything here...
http://www.prweb.com/releases/2013/7/prweb10937935.htm
Well, the mine rights and SIRG stock are two separate issues.
If Monaco held 80% interest in the mine then they would hold majority and could mine it, sell it, whatever. SIRG should still receive 20% of whatever profit that Monaco generates.
To make any changes to SIRG, Monaco would have to hold controlling interest (over 50%) of SIRG stock with voting rights.
In other words, only buying the mine gives Monaco no control over SIRG.
I would assume that if Monaco bought 80% from Grand View, they would also want to buy the remaining 20% from SIRG outright and not obtain it through taking controlling interest of the company.
In either scenario, Monaco buying 80% interest in the mine would be a good thing for SIRG.
The rising price of oil will be good here when GDSM starts investing in it. At $107 per barrel now. Sure won't be good at the gas pump though.
Nice... a new alias even. So is SIRG a side job or a hobby for him? Given the challenges they face to get the mine to production, one would think that he would be more dedicated to the task. SIRG needs a CEO dedicated to SIRG.
What is that about?
Who knows? Don't really care at the moment. The turn around of GDSM won't happen in a day. Investors want to see results first. Until then, load when you can IMO because this PPS won't be around forever.
Glad to hear that reality is finally sinking in. A few other longs realized what was going on here and got out already.
The A/S is 2,000,000,000.
Might want to ask around a bit more because I've heard otherwise.
Have you called the TA lately?
Don't take my word for it... ask some other "longs". That where I got that info.
Hey Mr. Shea. Easy on the printing machine there buddy. Save some for a rainy day! LOL
Not true. SIRG withheld the deed of trust as originally promised so Grand View would have had to take SIRG to court for resolution. Grand View forced the issue of that as stated in the last filing and now supposedly holds the deed. Now all they have to do is claim it when SIRG defaults.
The time is not being given by Grand View but instead SIRG is stalling with the permits to buy more time until the term of the Grand View note is due. The default of payment is tied to the permit date or October 15, 2013... whichever comes first. The funding that SIRG assumed they had fell through so now it is just a matter of delaying Grand View. Bottom line is that on October 15, 2013, Grand View will own the Chloride Mine.