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Re: lospbec post# 81112

Monday, 08/27/2012 12:51:18 PM

Monday, August 27, 2012 12:51:18 PM

Post# of 171414
I guess you can only do 1 project at a time in your book, eh? I say they've found a good deal with the Azurite Mine as well and are taking advantage of both opportunities but will do the one 1st that will provide cash flow for the others...

Gold Coast has also made payment of the initial $50,000 required under the conditions of the Agreement. The Company is currently in discussions with its investors from Gold Star , to work together on bringing the Azurite development forward. The Company and the investors are in agreement on Gold Coast's continued commitment to develop these projects while avoiding toxic financing and/or a reverse split. Therefore, the funding and acquisition of Azurite will be approached within the framework of those commitments. The Company will be updating shareholders regularly with information pertaining to Azurite, funding schedules, financing structures/plans and our Gold Star joint venture.



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