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Re: chris12 post# 77453

Wednesday, 08/08/2012 10:15:12 AM

Wednesday, August 08, 2012 10:15:12 AM

Post# of 163069
25mm shares is nothing if the company is in a forward progression. Look back to where they were..not current on filings, a jv in standby (remember what the economy and markets in general where going through at that time)and lots of outstanding issues....now they are current in filings, stay in communication with shareholders, have 1 (potentially 2) projects that are active (at least in daily effort and focus) and have settled a lot of issues..

in reality, i dont care if they end up with 2 billion shares out if means they have a mine producing gold..think about it;

750mm shares out and 2 projections working towards production
or 2b shares out and either gold star or azurite producing gold at a profit DAILY?!?!?!

The point I am getting at is that you have to look at the bigger picture and then determine if their steps are in that direction (using reality) or completely opposite of that direction.

also be realistic...what may take a cash rich experienced mining company days to do could take gdsm weeks and while a cash rich experienced mining company maybe able to go from step 1 to step 10 with new methods or technology or whatever...gdsm doesnt have those type of funds. Being conservative with expenditures, but progressing forward is the right approach for gdsm.

so they are not going to be as fast or predictable as the bigger companies and they will hit snags along the way...but if they succeed, well thats why you pay pennies (or sub) for a gdsm and not dollars for the cash rich experienced mining companies.

JMHO