GSS-Gold Star Resources Message Board

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Gold/Mining/Energy : GSS-Gold Star Resources

GSS 3.900

+0.3%

Jan 27 4:00 PM EST

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To: X-Ray Man who wrote (154)	11/8/2007 6:02:25 PM
From: X-Ray Man	Read Replies (1) of 200

Well, GSS moved down again today, even as gold climbed higher. For the past month, GSS has no longer been tracking gold's climb. The only news today was a price target downgrade from $5 to $4.50. I presume this is due to the fact that the initial yields from the ore are not at the levels required for full planned profitability. This is not news, however, and one has to wonder is the sentiment due simply to the extended time to meet predicted production levels, or a fear that there is a risk that the require yields can't be met? On the other hand, with gold so high, if a major felt this was a good long term bet and sufficiently proven, GSS would be a great takeover target in a period of mining consolidation.

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