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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose94	2/20/2013 10:00:20 AM
	Read Replies (2) of 202704

"Sign of Times" Golden Share (GSH-V) cuts salaries, reviews options Feb 20, 2013 - News Release Golden Share Mining Corp. has provided an update on its recent activities and its outlook for 2013. While the price of gold is being supported by a variety of issues, including sovereign debts crisis and the depletion of easily accessible resources, significant challenges ranging from political instabilities to rising capex and production costs are affecting the entire gold mining sector. In the case of the junior exploration segment, fear and risk aversion clearly dominates the investment space. In the light of this turmoil, Golden Share remains committed to developing a quality portfolio of projects. President and Chief Executive Officer Philippe Giaro commented: "Golden Share is led by a technically focused team and while current market conditions do not favour aggressive exploration, our properties are road accessible for the most part and we will continue to execute specific, targeted and low cost work programs to increase the value of our projects. Simultaneously, we are currently reviewing all alternative strategic options for our assets to enhance shareholder value. We have a motivated in-house team and our frugal approach allows a cost effective execution of all Company related activities. I would like to thank Golden Share's entire team as well as all of the Company's stakeholders for their dedication and flexibility."

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