Replies to post #11709 on Gold and Gemstone Mining Inc (GGSM)

[Backstabbed]

$GGSM - No kidding. I have been holding onto this for a long while. I can't believe traders are ignoring it.

but that's usually the case, hate it near yearly lows, and pay dearly near 52 week highs!

[HighStandard]

Total agreement; Though, I'm not sure if Co. and people in general have noticed;
The PR shows Net income numbers, when in fact, they are the revenue numbers.
Net income is much less at around $800K. Not sure why Co. had to PR this, when the Q has been out there already for a couple of months. What we need to see is:
how much the govt. contracts were for; and what terms the acquisition was done with. Obviously, there has been selling by the market maker STXG last couple of months; so we need to see what that was due to. OTCmarkets keeps updating each week, and so far there hasn't been any changes to the outstanding shares.
Hoping we get more clarity from the Co., prior to the Q2 posting; which is due by Mid Sept.