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Gold/Mining/Energy : GSS-Gold Star Resources -- Ignore unavailable to you. Want to Upgrade?


To: sammaster who wrote (23)1/30/2006 10:31:20 AM
From: Richard D  Read Replies (1) | Respond to of 200
 
Re: $450
That or lower, I suspect. I expect reserves will be going up shortly, and who knows, perhaps when the Biox plant is done, the sulfide reserves will be added in. That could be a sizable amount. We are talking about ore that was heretofore refractory, not worth mining, or barely so, depending on gold prices, that is likely surrounding the whole area. The bottom line is that they should have gold for many, many moons. They will also likely replicate this Biox system elsewhere in W. Africa, and possibly on their S. American properties, for further growth, IMHO. So, organic growth is entirely possible at this point.



To: sammaster who wrote (23)1/30/2006 5:10:52 PM
From: Richard D  Read Replies (1) | Respond to of 200
 
Here's another link to a post regarding those sulfide reserves (the missing part of the Frank Veneroso article). Very informative:

tinyurl.com
tinyurl.com Page 2

Nice Breakout Today! Broke 2 year downtrend and 200 dma, and are coming out of cup and handle.

Very many shorts in this stock.