The Graystone Company, Inc. (GYST)

[Montanore]

Nonsense. GYST is not 'very' transparent. If so, we'd know the name of their JV partner in Suriname. Can you give me any info about their JV partner other than a name? (It's either 'Arara' or 'Aurora' depending on which GYST balance sheets you peruse).

How did they arrive at their ridiculous $125 million in 'anticipated' revenue figure? Who was the geologist? Where is the data to justify it? What were the methodologies used?

Publicly traded companies get into trouble with the SEC when they claim reserves of any kind (proven, probable, indicated, inferred, whatever), without a credible geological report. An anonymously written, very poorly documented report with sample results doesn't cut it. That report admitted that they did not evaluate or try to estimate the thickness of the "pay" zone, therefore there is no way to estimate reserves of any kind from those results. Saying you have reserves (which are defined as economically recoverable) also requires a feasibility study, not just a geological report.

So there goes your 'transparent' theory.

We saw the pump...now stay tuned for the dump. There are paid touters all over this one. That means someone needs to SELL SHARES while appealing to naive investors' greed.