Thursday, September 18, 2008 8:56:48 PM
Nice link CC. can you find one where the guy lands on a trampoline?and bounces back up.
The last few days of crazy selloff. I believe are directly related to the cray swings in gold and the major markets. All the non producers got hit. and the producers got green. Today some of the producers went red. and the shift in currency will soon come back to the minors as they are the true future of these producers. It is a shame that because of the shift to majors it may apear as a bailout and fear/panic takes hold creating a abnormal selloff.I sold at .03 a few days ago when RB posted his last chart ( much respect for the charters) and I noticed it dipped below .031. I am partial back in at .025. I woke up late today and kicking myself for missing the oppurtunity to buy at .01 (grats to you guys), I undrestand the value of this company and will sell some if I see profit to be made, But will not abandon GSPG until buyout or a true valuation of GSPG can be made (which may be 5 to 10 years) I admire the fact that GSPG was quick to release a PR saying nothing has changed. and the BBQ anouncement shortly after says any questions/concerns you have about the future of GSPG, can be addresed between 10 and 4 on this day. A true sign of confidence from our team.
Some may be concerned about financials of our company, do to the markets. But it has been stated we are financialy secure for the next 2 to 5 years. we will surely be in production before this time schedule.
GoldSpring Enters Into Definitive Agreements to Raise $2.5 Million Through Issuance of Senior Convertible Notes
Thursday June 26, 11:36 am ET
INVESTORS EXTEND MATURITIES OF EXISTING DEBT, CURING DEFAULT
GOLD HILL, Nev., June 26 /PRNewswire-FirstCall/ -- GoldSpring, Inc. (OTC Bulletin Board: GSPG - News), the owner of the largest mineral rights land position in Nevada's Comstock Lode Mining District, announced today that it has entered into a definitive agreement with an existing shareholder, who is an accredited investor, under which it will receive $2.5 million over the next six months, through the issuance of 11% five-year Senior Convertible debentures. The first $500,000 has been funded. The debentures are convertible into restricted common stock at a price of $.015 per share, which was the price of the Company's stock when the parties reached an agreement in principle earlier this month. In addition, the Company has entered into an agreement with its existing lenders, under which the parties have agreed to extend the maturity date of certain indebtedness with terms ranging from an additional two years to an additional five years.
Our management team understands the value of this company and there own personal investments. which they still have huge amounts of. Stating things like Faber did it. is not only rediculous. But not recognized as a cerdible statement. Stokfactory you are losing cred points fast. please explain how you know Mr. Faber created the fall in PPS.
We have not been naked shorted since june 30. If I am reading this link correctly http://www.failstodeliver.com/datadump.aspx Plz correct me if I'm wrong.
I am hoping we drop below .01 so I can load up but I do not realy feel this will happen so I have part of my GSPG investment back in in case the panic is over and we start climbing back up. But my fearometer is off the charts at the moment and I am gonna wait just a bit more to see where to complete filling my personal investmant goals in GSPG.
YAY!! FEAROMETER!! YAY!! .01!! and YAY!! GOLD!!!!
The last few days of crazy selloff. I believe are directly related to the cray swings in gold and the major markets. All the non producers got hit. and the producers got green. Today some of the producers went red. and the shift in currency will soon come back to the minors as they are the true future of these producers. It is a shame that because of the shift to majors it may apear as a bailout and fear/panic takes hold creating a abnormal selloff.I sold at .03 a few days ago when RB posted his last chart ( much respect for the charters) and I noticed it dipped below .031. I am partial back in at .025. I woke up late today and kicking myself for missing the oppurtunity to buy at .01 (grats to you guys), I undrestand the value of this company and will sell some if I see profit to be made, But will not abandon GSPG until buyout or a true valuation of GSPG can be made (which may be 5 to 10 years) I admire the fact that GSPG was quick to release a PR saying nothing has changed. and the BBQ anouncement shortly after says any questions/concerns you have about the future of GSPG, can be addresed between 10 and 4 on this day. A true sign of confidence from our team.
Some may be concerned about financials of our company, do to the markets. But it has been stated we are financialy secure for the next 2 to 5 years. we will surely be in production before this time schedule.
GoldSpring Enters Into Definitive Agreements to Raise $2.5 Million Through Issuance of Senior Convertible Notes
Thursday June 26, 11:36 am ET
INVESTORS EXTEND MATURITIES OF EXISTING DEBT, CURING DEFAULT
GOLD HILL, Nev., June 26 /PRNewswire-FirstCall/ -- GoldSpring, Inc. (OTC Bulletin Board: GSPG - News), the owner of the largest mineral rights land position in Nevada's Comstock Lode Mining District, announced today that it has entered into a definitive agreement with an existing shareholder, who is an accredited investor, under which it will receive $2.5 million over the next six months, through the issuance of 11% five-year Senior Convertible debentures. The first $500,000 has been funded. The debentures are convertible into restricted common stock at a price of $.015 per share, which was the price of the Company's stock when the parties reached an agreement in principle earlier this month. In addition, the Company has entered into an agreement with its existing lenders, under which the parties have agreed to extend the maturity date of certain indebtedness with terms ranging from an additional two years to an additional five years.
Our management team understands the value of this company and there own personal investments. which they still have huge amounts of. Stating things like Faber did it. is not only rediculous. But not recognized as a cerdible statement. Stokfactory you are losing cred points fast. please explain how you know Mr. Faber created the fall in PPS.
We have not been naked shorted since june 30. If I am reading this link correctly http://www.failstodeliver.com/datadump.aspx Plz correct me if I'm wrong.
I am hoping we drop below .01 so I can load up but I do not realy feel this will happen so I have part of my GSPG investment back in in case the panic is over and we start climbing back up. But my fearometer is off the charts at the moment and I am gonna wait just a bit more to see where to complete filling my personal investmant goals in GSPG.
YAY!! FEAROMETER!! YAY!! .01!! and YAY!! GOLD!!!!
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