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Wednesday, March 21, 2012 9:50:03 PM
From September 2009 to December 2010, the Company pursued financing for its
Ore Cache and Sun Gold Mine Joint Venture Projects, as well as several joint
venture opportunities available to the Company. Although the Company received
numerous financing opportunities, they involved substantial dilution and the
requirement for a reverse split of the Company’s common stock. Management
agreed to not accept any toxic financings or proposals requiring a reverse split and
therefore rejected these potential funding sources. Additionally, management has
and continues to review other opportunities in various industries in an effort to
stay diversified and bring value to its shareholder
http://www.otcmarkets.com/financialReportViewer?symbol=GDSM&id=75220
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