Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BTW by higher estimate that is now about $130,000,000
Using about 1/2 of that for a rough estimate (65,000,000)
and rounding our shares outstanding up to 500,000,000)
65/130 = .50
We get our approx. shares in the ground as 50 cents per share.
It will cost us some to get this out but not as much as for deep mining as our gold is close to the surface.
We could give ourselves a rough evaluation of around 10 cents - and higher for any increase in the price of gold.
Just makes me confident that I should buy more
as well as hang on to what I have.
Even at the low evaluation there is plenty of room for upside
and that does not include all of GDSM's assets.
GLTA
Rocky
Looks like they are being conservative
which is the proper way to treat evaluations.
Remember the ORO CACHE MINE.
They estimated $7,000,000
when it may be more like $20,000,000.
A valuation of $110 mil vs $60 mil although a huge difference
is again being conservative as they should be.
This must be coming from genuine mining people.
Promoters tend to go the other way i.e. overestimate.
They are the Heritage Ventures shares which are
held in trust with David Goldenberg who was the
lawyer that Chris Agagnier was using.
Chris was the CEO of Heritage Ventures - a former
Alberta Exchange company that became unlisted
when the Alberta Exchange closed.
Heritage Ventures formerly held the RFID
business from which AIDO was born.
Looks like this stock could reach 10 cents
or more eventually.
.10/.0025 = 40
$5000 x 40 = $200,000.00
Probably not have to wait a year for it either.
So one might be able to buy a fairly nice
house for $5000.00.
Worth a try - IMO.
(One flaw in the reasoning is that one
may not be able to buy $5,000 worth at .0025
before it moves up)
GLTA
Hey! take it easy guys - you keep
ringing the bell on my computer LOL
Agree - today is the day to tear down that wall.
GLTA
Yes and it's also great when you
can pick up already found gold
as is being done here.
Then you can get producing faster -
(while still looking for more).
CraigT23 - those folks are more numerous and
the majority sell and buy at the ask
(with only a minority selling).
I see us becoming like them as time passes
while we get more buyers.
In the meantime we can add a few shares
from time to time at a great buying price.
We may surge up at any time as stock
will get very hard to get at some point.
GLTA
Rocky
Trades for the day about 1:32PM ET:
Blue were bought at the ask.
Red were at the bid.
Other colours were in between.
This is a fantastic opportunity not
known by many. Can't see it staying
this low much longer.
GLTA
Ain't hitting any bid till well into penny land LOL
Wow - Looks like a great month coming up!
- and gold up as well.
GLTA
"...Considerable drilling will be required to define ore reserves below the level of the ; crosscut adit; nevertheless, exploration and small scale mining have defined a probable reserve of about 23,450 tons that is easily exploitable. Of the 23,450 tons, roughly 1000 tons will yield gold values in excess of one ounce of gold per ton, and approximately 22,450 tons of ore will average between 0.2 and O.5 oz/ton. At $900/oz the ore reserve is valued at $7 million. It is quite apparent that much more ore is available but yet to be proved by drilling or underground development. Downward projections to 300' of depth suggest the likelihood of an additional 75,000 tons of ore."
Looks like a great property for fairly quick return on costs
and increasing profits. Reserves could be over $20,000,000.
Glad we got in on this property
and glad to be long on GDSM.
GLTA
Rocky
Flipping is foolish with this stock.
At least until we move way up!
Yes, if we do otherwise we are, of course,
working against ourselves.
BTW if we want the stock to go up
we should buy and sell (i.e. if we need to sell)
at the offer.
(Naturally if it is critical to sell
one may have to let it go for less)
GLTA
Rocky
Level 2 3:25 PM ET:
Level 2: 12:16 ET:
Taht's just a practice one.
Too small - will do a larger one later.
BTW you can get level 2 right here through IHUB.
It's only about 30 bucks/month - well worth it.
It's not an issue anymore Mick.
The news release cleared it up.
That's great hooverjm.
You will have a great story to tell.
Like it when everybody wins!
I keep moving my target up.
Ten cents is certainly possible
with what we know now.
More to come?
Nice pick here - nothing like
continually getting new highs!
GLTA
Rocky
The stage is set for some nice upside.
Looking better all the time.
Really was not talking to you.
Do you have any shares.
Well all I can say Don is that
I'm hanging in there.
I think that they have just as good or
better chance of making a success out of
the Company as they did three or four years ago.
They certainly have more experience.
GLTY
P.S.
Have to go - back later Don.
Rocky
Why don't you call up Dan and/or Seymour
and get you own slant on things.
I don't see them abandoning us.
I believe they have a couple of aces
up their sleeves yet.
They must have been stuttering the way they were
coming out. LOL
Market Maker signals are trade quantities that send messages to other market makers.
100 > I need shares
200 > I need shares badly but don't take it down to get them.
300 > Take the price down to get shares....
400 > Trade it sideways based on Supply and Demand
500 > Gap one way or the other, usually to the direction of the 500 trade. Sometimes -if in the middle -keep the price right where it is.
Hi hawaii50 - Is that you buying
your shares back at a profit?
How do you know that they had no revenue?
If they don't file on time I will be extremely disappointed.
I see someone is getting a great buy today.
Looks like opportunity time until the company
reports something substantial.
It's the old pattern of "knock it down
to pick up cheaper shares" which we have
seen many times before.
I don't mind that when I have the cash to
pick up more shares.
Perhaps we will move up around the close.
Someone working hard to keep us down.
Should be over a cent by now.
Great news - worth putting up twice!
or more.
GLTA should be a great day.
CraigT23 - agree we don't want to either.
Plenty of gold right on our own door step
where we can watch it and check things out.
GLTA
When we get news on more mining properties
acquired (as opposed to going to acquire).
and know how the present property is going,
and have an up to date mining website, etc., etc.,
we will get moving up.
In any case the stock should be over a cent by now,
(and would be if there weren't so many other bargains
around).
Not much risk buying at these levels in any case.
Patience, we will get there eventually.
Perhaps we will get a surprise run up one of these days
following an exceptional news release.
Hi Mick - I'll take good news any day of the week.
Much more to come.
Have a great weekend all.
Rocky
Including me. eom
I know the character of two of the principals
left in the company. I know that they will
never give up and that they are still working
hard to get us over this period which
has sunk many companies and individuals.
For details call yourself.
I do not work for the Company
nor can I speak for management.
Still holding and expect to add
(if and when cash becomes available).
GLTA
VistaViewer - absolutely agree with you.
No need to say more on that,
however i am hanging on to every share I have
and will add more as time goes on.
This stock is far from dead yet
but I really think now that it will take
about another month to get our ducks all lined up
and ready to go full steam again.
Just have to be patient a while longer.
GLTA
Rocky
I like that post!
This could easily move up a step or two anytime.
With 444,887,086 shares outstanding one cent
would give a market cap of only $4,448,870
Probably go much higher
(depending on the properties acquired).