No problem, I knew you had no way to PM (a little birdy told me). Got a kick out of some of your posts on GDSM over the weekend! It is ironic that the very same questions these folks ask on the SIRG board, prompt nothing but sarcasm and indignation on the GDSM board. They can dish it out but have a hard time responding to the same criticism.
One thing that has not been debated fairly on the GDSM board is their incorrect use of the word "reserves". They claim to have reserves of 6.75 million tons of 0.025 oz/yard gold. According to the SEC definition, they do not have any reserves. I suppose a complaint to the SEC would probably be a waste of time, but a lawsuit by a disgruntled investor might make life interesting for them.
I will check out the PCFG board in more detail later, but did take a quick look. Looks like their placer mine is close to the Olinghouse Mine, a lode mine which is very well known for coarsely crystallized gold. Not surprising that they are actually finding some placer gold!
Not the case with GDSM - there are some lode gold mines in the hills above the Gold Star, but none that are specifically known as producers of coarse gold, or any significant gold production for that matter. We are now past the timeframe that WSRA was supposed to be getting their results to GDSM for the initial sampling. Assuming the results are now in GDSM's hands, I suppose GDSM could sit on the results and release them at some later date. But why would they wait (unless the results are not encouraging)? Several of the GDSM posters have pegged tomorrow as the big PR release - we shall see!
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