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Saturday, 01/22/2011 4:30:58 PM

Saturday, January 22, 2011 4:30:58 PM

Post# of 461
OUR NEW HOME RUN PLAY GSTP!!!!

CURRENT PRICE: .605

Gold Standard Mining Corp (GSTP) -Market Cap 122.65 m
http://www.goldstandardmining.com/

-Gold Standard’s mission is to become an over one million ounce per year producer of minerals from the vast resources of Russia.

-The Company is currently producing about 200 ounces of gold per day during the mining season from its alluvial operation.

-The Company’s total gold resources and reserves are estimated at about 6.24 million ounces.

Silver

675 tons = 23.81 million ounces

»» Value: $420 million

Copper

418,000 tons = 921.53 million pounds

»» Value: $2.94 billion

Platinum

3 tons = 105,000 ounces

»» Value: $157 million

Molybdenum

6,400 tons = 14.11 million pounds

»» Value: $169.3 million

Gold:

195 tons = 6.878 million ounces

»»Value: $9.5 BILLION

TOTAL VALUE of GSTP’S RESERVES:

$13.5 BILLION

-Major Customer
During 2009 and prior years, the main customer of the Company was Sberbank. Sberbank is the undisputed leader of the Russian banking industry, accounting for over a quarter of national banking assets. http://www.sbrf.ru/en/
-GSTP extend the mining season this year for at least an additional thirty days due to favorable weather. “Based upon preliminary calculations, this summer’s alluvial mining results should be the best in the Company’s history. We look forward to reporting the actual results shortly upon completion of the season.” See November 2, 2010 Press.

REVENUE NUMBERS:

-Profit before income tax
December 31, 2009
»»$20,076,000

December 31, 2008
»»$22,427,000

December 31, 2007
»»$19,660,000
MISCELLANEOUS INFORMATION AND VALUATION ESTIMATIONS:

-There are some analysts reports that have been done that suggest a possible $4.25 per share price target based on current status.

- Revenues for the nine months ended September 30, 2010 were $17,252,000 compared with $25,211,000 for the nine months ended September 30, 2009. The company attributes the decrease in revenues to management’s decision not to sell the majority of gold until the last quarter of 2010 due to increases in the price of gold.

-There is speculation that Gold Standard Mining beat revenue and production estimates for this year. This stock is highly undervalued at .60 a share and these prices could appreciate quickly when they announce 4th quarter earnings and guidance.

-If we take last year’s net profit of $10,393,000 and calculate EPS, then give it a multiplier of 10x, we will find that the stock is priced in about right at .60…HOWEVER, that PPS does NOT include calculating in the $13.5 Billion dollars in Gold and mineral reserves that GSTP has. Also with projections of near term revenue and production growth you would say this could justify a higher P/E. This stock has tremendous upside from here compared to down side risk in our opinion.
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