This is topic GSPG--Big 3million share buy just went thru above the ask in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
Just saw a $42,000(3 million share buy at .014) go thru above the ask price. Watch this closely for the next few days.
Posted by madOIL on :
yeah i saw that too, good things to come
Posted by auburn on :
Somebody is buying some big time shares and they aren't on the outside with us!
Posted by johnnyjai on :
Anyone know the gap for this morning?
Posted by TruthLiesWithin on :
Prediction..
No gap at open,,,,slight drop by 11, then a small run at close..
Posted by fsr63 on :
ask moved to .0143
Posted by Birkoff on :
B/A .0135 x .0143
Posted by johnnyjai on :
Quick, what's the ask at now?
Posted by fsr63 on :
the same
Posted by johnnyjai on :
Gold should be in play again today with the news reports of a smaller trade gap.
Posted by FIST13F on :
wow I thought I was the only guy still holding this, lol glad I am not alone!
Posted by auburn on :
Did I miss this, it looks as though it touched .20!
Posted by FIST13F on :
Oh I think that was fat finger a couple days ago.
Posted by auburn on :
It shows it today, it did get up to .20 the other day legitamately.
Posted by johnnyjai on :
Could someone please explain to me how half of my GSPG position sold at 0.02 and half of it sold at 0.0135?
Posted by JOELGA on :
quote:Originally posted by johnnyjai: Could someone please explain to me how half of my GSPG position sold at 0.02 and half of it sold at 0.0135?
What was your limit set at?
Posted by johnnyjai on :
I sent it in to sell at market price.
Posted by johnnyjai on :
LoL, I think I was the one who triggered the jump to 0.02 all of a sudden. Could it have been an error?
Posted by FIST13F on :
auburn, you are telling me that it went to .20 legit? it was only there for a milisecond and never showed percentage changes. Now I am wondering if I missed something. Nobody ever said Wow I made a killing except for elf who was later very upset.
Posted by JOELGA on :
johnny, just a word of advice. Sell your shares using a limit order rather that a market. Sometimes people can manipulate the price to get your shares cheap!
Posted by jigen3 on :
i think this might be a good to hold over the next 3-4 months.
Posted by indef on :
looks like it found ground at .0135x.0136
Posted by jigen3 on :
nice gains at the end of the day...i think this one is a keeper
Posted by lostone on :
yep.. going up.. should be better next week
Posted by djg7 on :
L2s
Bid 1x.0145 1x.014 1x.0135
Ask 1x.0155 1x.0157 1x.0158
Posted by mr money on :
.0155 x .015 now. I would expect this to run next week. Partiall ybecause of the huge $42,000 buy yesterday. Someone knows something---imo.
Posted by jigen3 on :
the news is really good, first profitable quarter, with expectations to triple by july, so right about now could be the company's bottom. and with gold prices going up and this being a reporting company, not like some gold pinky stocks, i think the prospects look pretty good for investors. i was in at 0.0148
Posted by RCAnalyst2007 on :
I think patience will pay for this stock. Could close at 0.02 today.
Posted by jigen3 on :
dp
Posted by RCAnalyst2007 on :
Guys,
put ECTA in your watchlist.. it could move big next week.
Posted by johnnyjai on :
Ack, I just took a huge hit on this as well!
Posted by RCAnalyst2007 on :
Looks like we're gonna have nice close today.
Posted by indef on :
May 15, 2006 (M2 PRESSWIRE via COMTEX News Network) --
GoldSpring, Inc (OTCBB:GSPG), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
GoldSpring, Inc a North American precious metals mining company with an operating gold and silver mine in northern Nevada, this morning released results from the Plum Mine operation for the quarter ended March 31, 2006.
The Plum Mine realized a first time ever net profit of $52,030 for the first quarter 2006, compared to a loss of $817,630 for the first quarter 2005. The Company sold 992 ounces of gold at an average price of $542 per ounce during the first quarter of 2006, generating revenue of $537,806. During the same period in 2005, the Company sold 1,192 ounces of gold at an average price of $429 per ounce, generating revenue of $512,091. The Company's ability to achieve profit success is largely due to the efforts of its management to implement its operational improvement plan, as further detailed in this press release.
This first ever profit from first quarter 2006 gold production at the Plum Mine is especially significant as production was hampered by unusually heavy precipitation in northern Nevada from mid-December 2005 through February 2006.
The Plum Mine received fourteen inches of rain between mid-December and the end of February, filling the leach ponds, including the one hundred year storm pond, nearly to capacity. The high levels of effluents in the ponds prevented the Company from adding additional reagents to the leach pads. Because the Company was unable to add new material to the pad and put it under leach, they made the decision to cease mining operations in early-January but continued processing already mined ore. GoldSpring President and CEO, Rob Faber, said, ''Our team at the mine did an excellent job, in a challenging situation, to insure the environmental integrity of our operation.''
The Company hopes to resume normal mining operations by the end of May 2006. The Plum Mine's reclamation, exploration and test mining expenses for the first quarter of 2006 were $843,945 less than for the same period of 2005.
Jim Golden, Goldspring's mining executive, said, ''We are starting to experience the benefits of the operational improvement program that we initiated in 2005. Most recently, we have made the decision to take over our mining operations, which were previously performed by an outside contractor. We plan to have our mining operation in place by the end of May 2006. Based on our mine plan and internal calculations, we anticipate that taking over the mining operations will reduce our gold production costs by $40 per ounce, resulting in a production cost of less than $350 per ounce.'' Over the next two months, the Company will be ramping up gold production and expects monthly production to reach 1,200 ounces of gold by mid-summer 2006.
Jim Golden stated, ''As a result of the ongoing development of the mine plan, the average grade of our ore has increased, further benefiting our results.''
Today shares of GoldSpring have traded up nearly 12% on volume of over 34.4 million shares making It one of the biggest traders on the market. At $0.015, this company is a great value when compared to its 52-week high of $0.1, which it traded at in July 2005. The company made operational improvements back in 2005, and are now seeing the benefits from that, this company has a lot of potential and I fell still has the opportunity to do great things. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
To review research on large cap companies like GoldSpring, Inc, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!
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Posted by RCAnalyst2007 on :
we shall see nice move today.
Posted by eef122 on :
agreed..
Posted by RCAnalyst2007 on :
Looks like we might open at 0.016 or higher
Posted by JOELGA on :
Boy you can't help but love this chart! Hopefully this breaks and begins a reversal pattern soon.
Posted by JOELGA on :
Beginning to move in the right direction now
Posted by RCAnalyst2007 on :
Here comes 0.016
Posted by auburn on :
lets move!
Posted by RCAnalyst2007 on :
very nice volume..
Posted by RCAnalyst2007 on :
0.017
Posted by jigen3 on :
10% a day is good enough
Posted by RCAnalyst2007 on :
After 0.017 spread is bigger..
Posted by JOELGA on :
Do you think that the drop in gold prices is going to hurt this stock?
Posted by RCAnalyst2007 on :
gold drop is temporary and still at the highest level of $700. It will stabilize there for a while and move up to $800.
Posted by EJV2006 on :
GSPG is following the price of Gold for the mean time. I hope for over $1 next year...HEE HEE