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Re: kiwisteve post# 162

Tuesday, 04/05/2011 9:50:12 PM

Tuesday, April 05, 2011 9:50:12 PM

Post# of 187
kiwisteve' on 'Goldstone Resourc (USOTC:GRSZF)

Yes Sir, Very Nice GRS -
Easy double from here near term IMO
further out $5.00?

Kiwi I agree, total Market Cap: 97,262,753
it doesn't cover the market value of the The Hardrock Project,
a joint venture with
Premier Gold Mines Limited in which
Goldstone holds a 30% carried interest.
In an old research paper dated August 2010, RBC Securities
valued Goldstone’s Hardrock interest at $135 million -
should be much higher today with much more PG drilling done
and a much higher gold price -


so with other words the GRC Gold Mines about five of them
in Beardmore area would be given away free
plus the mill
and all infrastructior incl.
Estimates for Goldstone’s Brookbank deposit and
Northern Empire Mine properties have established resources of
more than 800,000 ounces of gold.


At the Hardrock project, the uncut estimate is 2.3 million
ounces—30% or nearly 700,000 ounces of which belong to
Goldstone through a carried interest.

A foundation of existing infrastructure
Goldstone properties are close to highways, power grids,
and local labour pools and benefit from extensive existing
mining infrastructure above and below ground including
the upgraded, fully-permitted Northern Empire mill.

A rich history of gold production -

The ten formerly productive mines on Goldstone lands—including

The Leitch Gold Mine, at one time Canada's richest—produced
in excess of 4 million ounces of gold.




These mines, which were closed primarily due to a $35 gold
price, remain open at depth and offer major untapped potential
through extensions and parallel occurrences.



Market Cap: funfiat $97,262,753 cover nothing -
http://tmx.quotemedia.com/quote.php?qm_symbol=GRC

$5.-/sh would still be a Au safety bargain fishing smile

its maybe only about 1 person of 100,000 who invest in GOLD -
so 99,99% have been totally brain-washed by
the nwo 666 banksters gangsters media etc. - ? -
imo.
back to you smile



My opinions are my own and and DD I post should be confirmed as unbiased

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