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Re: tc9008 post# 76185

Monday, 07/30/2012 11:47:26 PM

Monday, July 30, 2012 11:47:26 PM

Post# of 162974
Are you talking about GDSM new release today, "Gold Coast Mining Updates Gold Star Progress; Identifies Additional Acquisition"? If so there is no mentioning of dividends at all, and quite frankly if there was, that would usually be a sign of a red flag down here in the penny land. Most penny that pay dividends normally ends up ruining their revenue, which would be needed to establish their company growth.

What is actual stated word by word is this, "While waiting for the processing and reporting of additional sampling results from Western Sierra on the Gold Star joint venture, the Company was presented with an opportunity to acquire a 50% interest in an additional property in Western's portfolio. This other property was of immediate interest due to its ability to be put into production within 90 days of completed funding and the extensive documentation regarding its potential."

So, was the dividends is your opinion what might happen in the long term, or was just a misquoting/reading on your part?
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