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Maybe you should do more dd on GYST. Management has no control on when shares are sold. It's in accordance with their 10b5 plan. So it is actually pretty good call.
GYST could run with the right news. I'm looking to buy more
GYST just needs some buying pressure to get it moving!
GYST is a buy at the current pps. I think a lot of money can be made at this price
GYST looks like it could be a winner with the right news
Been buying GYST. I'm expecting good news any day. Management keep expanding operations!
GYST closed green yesterday. It should be interesting to see where it goes from here. .002s are coming IMHO
GYST closed green yesterday. It should be interesting to see where it goes from here. .002s are coming IMHO
GYST is setting up for a solid run. The base is now formed, we are just waiting for the right PR. We have two actual gold producing gold mines!!
GYST is setting up for a solid run. The base is now formed, we are just waiting for the right PR. We have two actual gold producing gold mines!!
GYST management has added two mining infrastructures in the past two years. Both are in production now. The amount of gold will increase as the crews learn what works and doesn't work. This company is ready to bring on real revenue and could be at a much higher pps soon!!
GYST management has added two mining infrastructures in the past two years. Both are in production now. The amount of gold will increase as the crews learn what works and doesn't work. This company is ready to bring on real revenue and could be at a much higher pps soon!!
Lots of buying on GYST today. It's up 50% off if the low!!
Lots of buying on GYST today. It's up 50% off if the low!!
GYST is ready to pop I've .003. Big news is coming. Production is doubling in may!!!!
GYST run is expected to continue today. Heavy buying pressure EOD yesterday.
GYST bid is at .003. Hopefully it stays up here
GYST should rebound nicely this week. We hit a double bottom and should rise off of it
I've got GYST on alert for this week. Volume before price. .003 or more coming soon
Marked ya. GYST is on alert this week. I'm expecting big news coming. More production numbers should be coming any day now
I think GYST could hit .003-.005 soon. Great news is coming down the pipeline IMHO
I think GYST could hit .003-.005 soon. Great news is coming down the pipeline IMHO
GYST is undervalued. It's headed back over .003 soon IMO management seems to want to grow the company significantly.
GYST is undervalued. It's headed back over .003 soon IMO management seems to want to grow the company significantly.
I think GYST is headed back over .002 soon. Management is 100% transparent and is trying to grow this company ten fold
GYST is at a good bottom entry point. Solid news on their Suriname project is expected
GYST is at good entry price. IMO it's good for a 40-50% short term flip
I think the bashers of the stock are disappointed that the stock still isn't in .000. The company is expanding operations and will have significant gold production numbers in the near future.
Obviously someone is trying to bash the stock and the pps down. I saw an update on Facebook.
I agree. We are expecting big news from the company tomorrow. I can't wait to see the constant production numbers from the company on the Suriname project.
It is a cycle. Asher dumps, the pps rebounds 30-60% after they dump. Asher is done until June.
Why would this go to trips if Asher's cost basis is .0012
Asher sold their shares today!
Don't forget it's way more that 40 hrs a week.
75 tons per hour. 1.5 ounces per 75 tons. 8 hours a day 40 hours a week 52 weeks a year.
Gold is at $1468/oz
1.5/oz x 40/hrs = 60oz/week
60oz/week x 52/weeks = 3120oz/year
3120oz x $1468/oz = $4,580,160
$4,580,160 x 80% purity = $3,664,128
Now remember that's off of the typical 40/hr a week we have in USA. I believe I remember reading they will be doing 2-3 shifts a day and this will increase gold production significantly. They are in the middle of the jungle, the only thing they have to do is mine gold .
Graystone Company Announces Initial Bulk Sampling Results
GlobeNewswire - 3 mins ago
Lima, Peru, April 29, 2013 (GLOBE NEWSWIRE) -- The Graystone Company(GYST) announced today the Company's joint venture in Suriname has completed its initial bulk sampling at site #1. The Company processed approximately 150 tons. The Company yielded approximately 100 grams (or 3 ounces) of gold. Based on the results, the Company has estimated that the average level of gold in Suriname is 0.67 grams per cubic meter. Once the Company begins full production, the company expects to process approximately 75 tons per hour.
The joint venture will be conducting bulk sampling in 4 areas to determine the optimal location to begin its next phase of operations. The Company expects the bulk sampling to take 8-12 weeks. During the bulk sampling phase, the Company expects to process only 5-10 tons per hour.
The company expects to provide an additional update on its mining operations next week.
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. The Company sells gold and silver to retail buyers via <a href="http://www.graystonegold.com" target="_top">www.graystonegold.com</a>.
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.
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Nice news!!
Who cares? Everyone else can sell shares, why not the founders of the company?
( 1) The shares were sold pursuant to a 10b-5 plan in which the officer had no control over the sale of the shares. The officer's 10b-5 allows the BROKER to sale up to 500,000 shares on Monday and Tuesday not to exceed 5,000,000 shares in a 90 day rolling period (or 1% of the total outstanding). The officer has no discretion on how or if the shares are sold.
Good news for us!!