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Tuesday, June 16, 2009 9:07:35 AM
So if you've been invested for two years, you've seen the great
progress that Goldspring has made. Going from reported resources,
to reported reserves to upgrading permits (because the ore body is
just huge and goes off in all directions). Their indicated resources have
doubled and then some over this period of time.
You also must know, since you've been invested all this time, that
GSPG plans production after the permits have been upgraded and
they add to their already existing processing facility. Some of this equipment
has already been purchased and is waiting for the permit upgrades due out
in Aug/Sept.
Now to answer your (rhetorical?) question, this points to late 2009 / early 2010,
just when Gold & Silver are expected to really push beyond their all time highs.
Surely a little longer is really not going to matter in the greater scheme of things; especially when gold AND silver prices are set to skyrocket.
(not to mention the buyout potential here given the level of reported reserves and indicated resources)
Looks like perfect timing to me...patience is the key.
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