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Re: PROFIT4U0 post# 77030

Friday, 08/03/2012 6:23:20 PM

Friday, August 03, 2012 6:23:20 PM

Post# of 163014
"Although the methods and reported results are not what some may have wanted or been expecting,..."

I think that Marc Lavito reads this board and was fully aware of all the discussion regarding 5 gallon buckets and hand dug samples and that is what he was referring to when he talked about "methods", as in methods of sampling.

As far as "reported results", I and many others were expecting what GDSM stated in their July 2nd TWITTER UPDATE (A release detailing the sampling data) , which GDSM did not deliver to shareholders in their July 30th PR. And unfortunately, the overall shareholder disapointment from the lack of detailed sampling data is obvious from the decline in PPS since that PR.

GDSM TWITTER UPDATE: @GoldCoastMining: Shareholders: We are expecting additional testing results in the next day or two. A release detailing the sampling data will then follow.

And coincidentally the above July 2nd GDSM TWITTER UPDATE occurred just after, "...an increase of 25mm since our last update. The shares were issued in June...". Issuing 25mm shares just before stating that detailed sampling results will be forthcoming in two weeks and then selling them on the open market for .006 is a nice way to clear $150.000.00.

All along, I have been giving GDSM the benefit of the doubt, but now I think they need to step up and prove with concrete data that they are on the up and up.
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