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$50,000 is a large chunk of money too. This thing is going to go through IMO
Diva, you are wrong. GYST was back in the office before the 3rd. Proof is in the 8k filed prior to then. As for the OS update, everyone complains about it anyhow so why try to appease them? I guarantee they're their sales for the month of December. Quit trying to deceive everyone here by posting misinformation about GYST. I followed every auction on eBay and they clearly made the sales quota.
I agree with you. We have real revenue and a real business. We are ahead of the majority of the public companies out there.
You are right. The sec will look at the S1 they file for the new class of shares. They company is doing everything by the book.
Once Asher is done it'll move back up IMO. Too many are afraid of them trashing the stock
Buy preferred shares and you too can get a portion of the dividends
The Company expects to expand the operations on Suriname #1 by adding a Pod each quarter. Each Pod is expected to cost about $250,000 in equipment and is expected produce 200-400 grams per day or 4,000 – 6,000 grams per month or $200,000 to $300,000 per month. The Company’s goal is to have 4 Pods within 18 months being able to produce 16,000 – 24,000 grams per month or approximately $1,000,000 in revenue each month.
The Company will receive 50% of the proceeds of the project. The funds from the gold sales are expected to be wired into an account controlled by the Company who will then make the necessary disbursements.
I agree. I'm ready to see what this new equipment does for production
The Suriname Project
The project, referred to Suriname #1, is approximately 3 hours from closest major city. The project already has most of the equipment on site and expects to begin production in 8-12 weeks. The Company’s investment will be used to acquire excavators and pay for the mining camp. The Company expects that the project will produce 200-400 grams per day or 4,000 – 6,000 grams per month or $200,000 to $300,000 per month per Pod. The project is immediately adjacent to one of IAMGOLD’s projects in Suriname.
The Company expects to expand the operations on Suriname #1 by adding a Pod each quarter. Each Pod is expected to cost about $250,000 in equipment and is expected produce 200-400 grams per day or 4,000 – 6,000 grams per month or $200,000 to $300,000 per month. The Company’s goal is to have 4 Pods within 18 months being able to produce 16,000 – 24,000 grams per month or approximately $1,000,000 in revenue each month.
Good Morning. Isn't the CEO going to Peru this month?
1mm til .0041
Either do I, but if they can increase the pps from the current spot and grow the business operations out by doing so, I'm all for it.
You missed my point. If the OS was 100m and the pps was at .0015 and the company's transparency revealed they had notes that were eligible for conversion soon and that meant the OS would increase drastically.
With ell over 300m shares outstanding, we are still above the 52week low. We all knew about the conversions when we bought the stock now everyone is pissed since its happening.
With what pps
The 52 week low was prior to it hitting .03.
52wk low was .0015. We are above that point now. Too high is .03.
You are wrong diva. GYST management has been fully transparent all along the way here. They have hundreds of satisfied investors here. Some here have bought too high traders are who drove the pps up.
The raise in authorized shares is due to the fact that they are creating another class of tradeable security with its own ticker that will probably have the ability to be converted into common shares
If they issue out the new stock and its convertible at 100-1 then they need to make sure they have have the ability to convert every share, thus the reason they increased the authorized shares so much
“We have established sufficient terms in the LOI for us to move forward with this payment,” said Paul Howarth, CEO of The Graystone Company. “This will allow the joint venture to begin acquiring the remaining equipment necessary to begin production. We are looking forward to this project and expect production will begin soon.”
Gm all! GYST is ready to run IMO
I'm ready to see some big news from the company on the equipment arrival. Bamazon has me excited lol
I think this is a good thing for us!
I haven't seen an 8k on it yet.
Buying is picking up
$50,000 has been sent already for this loi.
Good Morning All! Hopefully we see a climb in pps today
Isn't it the lowest closing bid 10 days prior to conversion?
“We have established sufficient terms in the LOI for us to move forward with this payment,” said Paul Howarth, CEO of The Graystone Company. “This will allow the joint venture to begin acquiring the remaining equipment necessary to begin production. We are looking forward to this project and expect production will begin soon.”
The bid is moving up
It's so thin
Buy at the ask
.01 once we get numbers for 2012 IMO
These are shorts today
A little buying pressure would go a long way
That is huge revenue for us lam
They consistently meet the goals they set in place!
I am sure they have met their sales goals for December
Over a million in monthly revenue
The hard rock mining project will be underway soon too
GM all. We have been getting great news. GYST is expanding