Replies to post #811 on Goldstone Resources fka GRC

[NYBob]

GRC old gold mines represents a safe harbor for money,
since it is true Au money :-)




Goldstone Resources IncGRC drills 44 m of 3.17 g / t at Key Lake GRC Goldbelt
A Uniquely Strong Gold Presence in Geraldton-Beardmore in Canada

http://www.grcmines.com/news_.php?url=http%3A%2F%2Fcnrp.marketwire.com%2Fclient%2Fgoldstone_resources%2Frelease_xml.jsp%3FactionFor%3D1331492



The Leitch Gold Mine -



The Leitch Gold Mine -
was once Canada's richest.

The Sand River/Leitch complex -
produced more than 900,000 ounces of gold.



Like other Goldstone mines -
in both Camps, it remains open at depth.

The Leitch Mine (now 100% owned by Goldstone)
was one of Ontario’s highest grade and most profitable gold
mines, producing 860,648 ounces from 906,395 tons of ore
at an average recovered grade of 0.91 oz.Au/ton.

Even more impressively, the average recovered grade over
the last ten years of the mine’s operation was 1.15 oz.Au/ton.

GOLDSTONE RESOURCES (TSE:GRC)
Gold is coming very soon -
- a golden opportunity - smile

Goldstone Chairman and CEO, Philip Cunningham;

http://www.grcmines.com/leitch.php

http://www.grcmines.com/history.php

Q: How high can the gold price go? A: $15000.

[NYBob]

GRC Gold Bull It's Just Getting Started :-)

Just as a preface let's point out that the fundamental driver
of this leg up in gold is the same driver that it's been for
the entire 10 year bull market; currency debasement.

Only now every country in the world is getting in on the race
to the bottom.

That being said it's the dollar's turn to collapse.

The Euro had its spell earlier in the year and now that
fiat$cancer has infected the world's reserve currency -

The a long term chart of the US dollar gives a clear picture
of what is unfolding.



About every 3 to 3 1/2 years the dollar drops down into a major
cycle low.



This smaller daily cycle tends to run about a month (18 to 25 days)
trough to trough.



Noted in the above chart the intermediate dollar, and
gold cycle for that matter, runs on average 20 weeks.
Last week marked the 9th week of the dollars intermediate cycle.
It's way too early to look for a major bottom yet.
If the cycle runs the "normal" 20 weeks then we won't get
an intermediate bottom until late December.

The dollar crisis intensifies this winter gold will not
be sitting still and it certainly won't be topping. ?
As the dollar crashes down to test the `08 lows I expect
we will see gold rocket to at least $1450 and $1550ish
is probably a more realistic target.

But don't forget the larger three year cycle low isn't due
to hit until next spring/summer.
The dollar rally out of the yearly cycle low in December
will also be a dead cat bounce, although it should last at
least a month or two, but ultimately it too will fail and
the true consequences of Bernanke's monetary policies will
come home to roost as the dollar crashes down into the
three year cycle bottom and the currency crisis reaches
a climax next year.



That will drive the final leg up in this huge C-wave advance,
possibly as high as $1700 -$1800.
by T. Connor thanks good info


thank you for reading it :-)

[NYBob]

see you all at a buck very soon!
MD looks thin on the sell side.
Maybe the Conn has dumped his last few shares!
LAst trade 74 cents up 8

Bid
Orders - Volume - Price
3 - 24,500 - 0.71
1 - 10,000 - 0.70
3 - 33,000 - 0.69
2 - 6,000 - 0.67
1 - 50,000 - 0.66

Ask
Price - Volume - Orders
0.74 - 1,000 - 1
0.75 - 24,600 - 4
0.76 - 8,000 - 1
0.77 - 5,000 - 1
0.78 - 26,500 - 2
by miliondollar thanks good info :-)

[NYBob]

Goldstone Appoints Whitton as Director -
TORONTO, ONTARIO, Oct. 18, 2010 (Marketwire) --

Goldstone Resources Inc.
(TSX:GRC)(PINK SHEETS:GRSZF) today announced the appointment
of John F. Whitton, B.Sc., PGeo,. as a director of the Company.

Mr. Whitton holds an Honours Bachelor of Science degree
in Geology from Trinity College in Dublin, Ireland and has
been extensively involved in mineral exploration projects
in Canada, U.S. and the British Isles, focusing primarily
on gold and other precious metals for the past thirty years.
He is experienced in all levels of exploration and development,
including mine and mill design, mine construction and operations.

Mr. Whitton has been a director of Sabina Gold & Silver Corp.
(TSX:SBB) since 1987 and is a registered Professional
Geoscientist in the Province of Ontario.
From 2007 until 2008, when the company was sold to Goldcorp
Inc., he was Project Manager/Chief Geologist for
Gold Eagle Mines Limited.

A longtime resident of Red Lake, Ontario, he is currently under
contract to Goldcorp (Red Lake Gold Mines) there as
Manager of Community Relations.

"We are pleased to have John join the board and Executive
Committee of Goldstone and look forward to his assistance as
we endeavour to enhance shareholder value", stated
Mr. Philip Cunningham, Chairman and Interim CEO of Goldstone.

"His deep mining experience and knowledge of the Geraldton-
Beardmore camp, will be of particular benefit to our Company
as we move forward."

About Goldstone

Formed by a late 2009 merger of Ontex Resources and
Roxmark Mines, Goldstone Resources
is a well funded gold exploration and development company
operating in the historically significant Geraldton-Beardmore
camp of Northwestern Ontario and focused on gold exploration
and deposit delineation at its 100%-owned
Key Lake,
Brookbank,
Northern Empire
and Leitch-Sand River gold properties-in
addition to its 30% carried interest in the Hardrock Project
joint venture with Premier Gold Mines Limited.
A preliminary economic assessment of the Brookbank deposit
is being finalized by Micon International.
The Camp is host to several past producers in a district
that has historical production of more than 4.1 million ounces
of gold from high grade ore before being shut down primarily
as a result of a $35 gold price.
Goldstone's fully permitted, expandable 200-TPD mill is
located next to the Northern Empire Mine.

Further information is available on the Company's website at
http://www.grcmines.com
and on SEDAR under the Company's profile at www.sedar.com.

Forward-Looking Statements

This news release may contain forward-looking information under applicable securities laws concerning Goldstone's business, operations, financial performance, condition and prospects, as well as management's objectives, strategies, beliefs and intentions. Forward looking information is frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "intend" and similar words referring to future events and results. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, delay or inability to raise additional financing on satisfactory terms, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions and changes in conditions in the financial markets. Readers are cautioned not to place undue reliance on this forward-looking information as actual results may differ materially from those expressed or implied in the forward looking information. Goldstone does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

Goldstone Resources Inc. Chairman and Interim Chief Executive Officer [phone] begin_of_the_skype_highlighting              [phone]      end_of_the_skype_highlighting
[phone] (FAX)

http://www.grcmines.com

[NYBob]

Goldstone Resources (GRC) fiat$0.7 UP 0.01 +1.45% :-)
Volume: 127,548 @ 3:17:36 PM ET
Bid Ask Day's Range
0.68 0.7 0.68 - 0.7

Gov. Debt - MOAB - Mother Of All Fiat Bubbles -

http://monetaadvisors.com/?p=67

Gold has replaced every fiat currency for the past 3000 years -

http://www.kwaves.com/fiat.htm

http://www.canadiancontent.net/commtr/fiat-currency-fall-dollar_958.html

[NYBob]

Goldstone Res.(GRC) chart alert bull starting running :-)



Chart TA signal its LT long term bull run back UP :-)

GRC very oversold and undervalued

Got GRC..golden Au mines treasure bargain :-)