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


To: Richard D who wrote (97)11/2/2006 11:25:26 PM
From: sammaster  Respond to of 200
 
serial disappointments probably keeping most people away...
people probably want to see the proof of production before jumping in..
even the weather worked against gss with the low water levels with hydroelectric power...something i did not even consider as a risk...
probably a huge jump in costs coming up in this quarters report secondary to burning diesel for energy and startup costs...
also cost of BIOX completed but just sitting there means lots of money just sitting there...

that being said....come december, the electricity comes back on and gss will be producing lots of gold....

figured tax loss selling into earnings with washout around earnings and then up soon after that....



To: Richard D who wrote (97)11/6/2006 7:47:03 PM
From: sammaster  Read Replies (1) | Respond to of 200
 
looks like they did very well considering the loss of electricity...
biox still commisioning..
wonder how much the shortage of electricity slows down expansion in biox...

great quarter imo considering the hardships...