CJTF Valued @ $.3676, +1000% from Friday's Close-DD INSIDE!!
CJTF Received $12.5Million in funding for 34Million restricted shares. 12,500,000/34,000,000 = .3676! An additional $11Million in funding could be granted for the cost of 11Million shares, or $1.00 PER SHARE!
24,671,088 Float 281,682,037 Outstanding shares (51% owned by CEO)
How many penny stocks do you know get a premium for their shares? Stop buying turds with conversions 50-75% below current price/52week lows.
The company is now fully vested with many years of production ready assets in several states. The properties are being exchanged for company stock according to a schedule as the properties come into production. The first properties are projected to generate cash flow in 2014 with all of the properties expecting significant cash flow by 2016.
Did you happen to read this part... GSMN is not looking for ore at Asset #26 (Reveille) but is in the process of finalizing plans for mining near surface ore. GSMN is also preparing to enter into a joint venture processing agreement to process its’ stockpiled ore located here.
Or this from a December press release.... Approximately one million tons of ore per year should be reached in the near future. The grade of silver and gold should be similar to and probably of higher grade than the 125,000 tons of stockpiled ore that has already been certified at 7 ounces of silver and 0.02 ounces of gold.
One million tons of ore per year would generate a gross revenue of approximately $175 million per year.
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