You should post the whole PR, not just what is relevant to the deceit going on here:
Did everyone forget about this BS!
August 8, 2012
Dear Shareholders
We have completed our review of the Azurite claims and the opportunity presented to us by our mining partner Western Sierra Mining. As stated previously, these claims have extensive historical data available and the ability to be in production within 3-4 months from completion of required funding. After extensive conversations with Western and review of all due diligence material, Gold Coast believes it would in the best interest of its shareholders to pursue the Azurite project. The companies are currently reviewing agreements and expect to finalize a Joint Venture Agreement over the next week.
We will continue provide our shareholders with additional information and due diligence material regarding the Azurite project as we proceed forward.
NOW 4 months later and where is the signed JV that Marc expected to finalize in August? Where is the production?
And nowhere in that article does it say GDSM IS COMITTED to NO R/S, OR TOXIC FINANCING!!!!
Grasping at straws, this is a complete, total SCAM, nothing more.