prediction by mkendra came true, just 4 years late.

08 JUNE 2010: "Less than a dollar in 45 days, never to go over a buck again. Mark this post."

Well I did mark that post, and have returned to that post a number times over the last few years.

Following old predictions is always very interesting.

LODE is fairly valued at $2.00.

I sold all of my shares last Fall at an average price of $2.85.

Don't know if I will ever be back considering the share structure that provides no incentive to Winfield to increase the share price until after he has converted all of his preferred shares to common shares. I talked to someone who knows Winfield very well, over a number of years, and he told me to expect nothing but the worst from Winfield when it comes to his personal ethics.

Sad but true, Faber is gone from LODE, not even a director anymore. At least he has his shares, I believe 500,000 shares. Even at today's low price, that's almost $1 million.

2012 is most certainly not the end of the world, even the Mayans have a memorial for a king that predicts his return in 4745 A.D. I heard an archaeology professor from the Univ. of TX speak about this yesterday.

True, not much controversy left, except how good will things get for this company in the next year. It appears that even the bashers have bought in, as I suspected all along was their plan.

LODE is showing incredible PPS strength.
I bet word is out amoung some big investors that the refinancing package will be very favorable to current shareholders.

Still waiting for sub $1.00 ......

Last closing at 2.35

Gasperis and both Winfield are trustworthy people, according to someone I know who owns about 2.5% of the company, and who has spent quite a lot of time with Winfield and Gasperis. I do have my doubts about Winfield, mostly based on questionable circumstances, but no solid facts beyond that. At this point, I am willing to leave the suspicions aside. But Gasperis does seem to be completely above board.

looks like new drilling: http://ragingbull.quote.com/mboard/boards.cgi?board=GSPG&read=31390

Correct me if I am wrong but Faber and Golden will each have about 500,000 shares after the 200:1 split.

If the PPS is $1.40 after the 200:1 split, that's not even $1 million.

For their holdings to be worth $5 million each, the PPS would need to go to $10/share. That would be a 7 fold increase.

I expect the slump in reaction to the R/S will be short lived before the resumption of production starting this July is announced. I am guessing that the financing and production will be announced in about a month from now.

The lack of PR and subsequent panic and basher-fest on the R/S was a big mistake by the company, but the company doesn't seem to give a rip about PPS. Their attitude is that anyone who holds on until 2011 will make lots of $, and beyond that, they don't care.

I expect we will make a 3 fold increase from today's price by this Fall, taking into account the R/S, and if we play our cards correctly and buy cheap before the big announcements, we will get a 5 to 10 fold increase by Sept/Oct/Nov.

I don't like the volatility, but life is easier if we learn to stop worrying and learn to love the bomb.

I think we set a temporary bottom http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=32059&tid=249424&mid=249424&tof=-1&rt=1&frt=2&off=1

I think the PPS of the last year indicates that GSPG and gold are 'disjoint'

IMHO the entire market cap is based on hope/expectation that this company will be seen as a legitimate miner; which I think is a legitimate hope/expectation.

But a lot of investors are sitting on the sidelines of GSPG until that hope/expectation looks legitimate to them.

Reseigh was Golden's supervisor for some period of time, at Kiewit.

I thought that was well known. I would have mentioned it earlier had I known this was not generally known. As far as I know, Golden has discussed this relationship widely.

Do we have any SEC docs showing Winfield involved with Kiewit ?

You might also be interested to know that Golden started his career at Kiewit, designing mining operations. Fairly high-level stuff for a newbie.

Golden definitely is competent in mining. Whether or not Winfield is going to hoodwink everybody with debt-to-equity-conversion at low PPS, and end up owning 90% of the shares is the real question.

Yes sir Darby - Jim, Golden went totally MIA on me this Spring, PHX85 tried to blame that on me being negative on the company, but I didn't get negative until Jim was MIA for a scheduled recording and didn't return my phone calls.

In my 3 years on the program, the only other time someone went MIA was something that came up that was out of his control, and he rescheduled with me.

In fairness to GSPG, I consider it possible that the reason for not interviewing is that maybe they are concerned about saying something the wrong way and getting into trouble with the SEC, but then they could have explained that to me.

That kind of behavior makes me wonder about their skills as managers, which is pertinent.

GSPG has lot of big hurdles to overcome, but I think they most likely will overcome those hurdles. The timeframe is anyone's guess.

I am involved in raising cash for some startups, and I know very well that investments are hard to find these days. Investors only want the sure-fire thing. I think GSPG needs an IG7 to raise money; otherwise only vultures will finance them, from what I see out there.

Exactly why they keep delaying the IG7 is a complete mystery to me. I don't think anyone outside of the company knows.

very interesting talk; the gist is that the Fed is looking for a controlled devaluation; which I agree is sorely needed to help balance our trade deficit.

Good for gold mining companies too even though cost of energy will go up, the net effect will be positive for gold miners.

Skybott - don't feel bad, that was an unlucky turn of events for you. I agree with Darby that the PPS was headed back down to .006x, which was prevented by the issuance of the permits.

I think trading this stock up and down is the way to go, in general. I am not trading anything because too much client work, which is the same reason why I quite the radio program.

Also - I sold my stock mainly because Jim Golden stopped doing radio programs with me, and it bothered me that he didn't want to talk about the company.

I wish I knew that the bottom is in. I put my toe in the market at COB for 600K shares, but sub .005 isn't unbelievable to me.

This price is very tempting.

I suspect the recovery will be temporary. I think today's mini-bust is just a much-worse-than-average day in a long-term slide. One step forward and two steps backward is the general pattern. If you can trade it, good for you.

Maybe you should try posting on topic.

I have seen a lot of offtopic posts by you all over the place.

You can laugh now, but you just might regret that later.

My account was 2-3 months old before I got booted.

For the first time in about two weeks, I have been able to log in to reply on this website.

The same guy who conducted the 3 radio interviews, and to the best of my knowledge, the only radio host who has interviewed Goldspring executives, wasn't considered 'fit' to post here. LOL !

Anyway, thanks to the nice person here who got me put on "probation" on this board for at least the last 2 weeks or so.

Darby - You would not have any of the 3 radio interviews if the "bully posse" did not exist.

What is the connection between the "bully posse" and the radio interview. Well, if "the Posse" had not "bullied" me when I called the company a "pinksheet scam" in Nov. 2007, I might not have realized that I was wrong. The harsh response I received made me wonder if I was missing something, and also made me desirous of maybe proving "The Posse" wrong, so I did a lot more DD, and I ended up buying the stock. If I had never made that transition that was prompted by The Posse, we would not have the 3 radio interviews. I personally found the recorded talks with Faber and Golden to add a lot of dimensions to the PRs, and give me a much better understanding of the company.

I can take a lesson from "the Posse" and I am improved for it. The Posse deserves alot of thanks, especially PMT and Couch. The Posse is not all bad, and helped clue me into a company that is my best stock pick in 7 years, and might turn out to be my best stock pick in my life. Last time I have seen a company like this was when I started buying MSFT in 1990.

Your talk about GSPG possibly being a 'scam' was a little bit insulting to the company, very insulting to Faber and Golden.

That $2.5 mil is about 1-2% of Winfield's net worth, according my source who knows Winfield somewhat professionally, and somewhat socially. So, if GSPG needs another big check, and Golden/Faber convince him it is worth the risk, I imagine the funds will flow from Winfield to GSPG.

Here's a little personal info on Winfield. One of his ex-girlfriends had no intimate contact with him, reportedly because the sole focus of his life is acquiring money.

Yes, Golden indicated on the CC that in order to make themselves a good buyout target, they needed to re-start production.

With the exact mineralization of 97% of the property not known very well, if at all, I would think an acquisition offer at this point would be low, not even .25.

Golden "He who drills the most, wins" - so we know they need to drill alot more and start mining again.

We just now hit .0295.

Post Unavailable

Additional Information

I agree that mining and milling is an important step. Golden said on the May 9 tour that a major wouldn't give top valuation to GSPG w/o mining by GSPG, and he did say they they were working towards making GSPG an "attractive target" for acquisition. That is a lot of why I theorize that GPSG will not entertain an offer of acquisition until they have poured gold and silver and have positive cash flow. Jim Golden is playing for 'keeps' and not selling out cheap. Jim Golden knows that this is the best ticket of his life so far. He is looking forward to some "I told you so's" with his ex-wife.

Looking for a little DD?

http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_G/threadview?m=tm&bn=32059&tid=44105&mid=44145&tof=2&frt=2
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=32059&tid=44105&mid=44467&tof=2&rt=2&frt=2&off=1

The volume is headed to GSPG. The 10's of millions of purchases that I was aware were headed towards GSPG starting last week have only started. The buyer is dribbling out the purchases over time to shake out weak hands (weak hands are people who say a 5% increase from the day before is enough to sell), and to avoid gunning the price very fast in a short time, which will bring in a lot of sellers afterward, reducing profits for the buyer. A smart buyer dribbles in the purchases. Under these circumstances, increases of "only" 3-7% each day are likely, at least due to the purchases of the one single buyer that I know of, unless other new big buyers move in too during this timeframe. If he were smart, he would stop buying for a couple of days, as sort of a headfake, but I don't know enough to say he will do that, and I will not ask in order to not be too snoopy.

People who sell now are foolish. More big buyers are headed to GSPG, and we never know exactly when they will show up, at least I don't. Some will try to reduce risk by waiting for the 43-101, so expect this to be a good summer. Labor Day will truly be a day of well-deserved rest for many of us.

The possibility of the silver paying for gold production is also discussed in the Telesto report dated June 3.

You can't chart the fact that we are in the middle of a large purchase by a new investor, one of at least a handful of new large investors that are just now starting to buy into GSPG. Charts don't know about that.

Market cap is close to $100 mil, that explains all.

GSPG shouldn't be a penny stock based on the quality of current management and their opportunities, but some DD will show you that the company was nearly destroyed by the previous president. This wall of worry has been the friend of people who bought the stock in early 2008 and at any time in 2007.

Charts v. fundamentals. That is the question.

I think that charts miss the big picture for a company that is in the middle of developing big new resources (whether the resource is a gold mine or something different such as a new food product)

The future effect of the new product/resource is not shown in the charts. The new product/resource can not be considered by the charts. For example, the chart doesn't get the big plans at Goldspring that will completely overwhelm any technical analysis. The charts can't tell you what effect resumed production will have on the stock price or the effect of increased chances of acquisition.

Right now, GSPG is undervalued by about 75%, but as GSPG becomes fairly valued AND releases PR on new finds, the price increases will be incredible. Charts can't tell you that.

For a stock with this kind of fundamental change occurring, charts are not much help, and can be very misinforming.

JM - your argumentative messages on the Yahoo board are noticed by me.

Serious consideration is being given to not posting on the Internet this week's radio interview with Golden and Faber because of the continuing environment of personal hostility. Your continuing personal hostility is taken as an indication that some people should not participate in sharing information on Goldspring.

I would be elated with .10. I am always grateful for wonderful gains.

This information makes $1/share seem not so unbelievable:

http://www.financebox.com/articles/Miscellaneous/06132008-GOLDSPRING-INC.-(GSPG.OB)-:-June-2008.html

"The company is rumored to be on the verge of revealing a major find within this Comstock region as early as next week."

"Goldspring, Inc. has taken this relatively untapped mine out of the annals of history and applied modern mining techniques in order to benefit from bringing this mine into the present and see what the future can produce. It is rumored that Goldspring, Inc. will soon be reporting the results of recent major finds, possibly making their own history."

Dr. Penny,

How does this fit into your analysis ?

http://www.financebox.com/articles/Miscellaneous/06132008-GOLDSPRING-INC.-(GSPG.OB)-:-June-2008.html

"The company is rumored to be on the verge of revealing a major find within this Comstock region as early as next week."

"It is rumored that Goldspring, Inc. will soon be reporting the results of recent major finds, possibly making their own history."

That is part 1 of a 2 part interview. Time constraints required an interruption at that point for the end of part 1. Part 2 will be out in about one week. Part 1 and Part 2 were recorded a few hours before the 43-101 was released.