posted
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.
Posts: 424 | Registered: Apr 2005
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posted
Could someone please explain to me how half of my GSPG position sold at 0.02 and half of it sold at 0.0135?
Posts: 35 | Registered: May 2006
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LoL, I think I was the one who triggered the jump to 0.02 all of a sudden. Could it have been an error?
Posts: 35 | Registered: May 2006
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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.
Posts: 95 | From: IRAQ | Registered: Apr 2006
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posted
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!
Posts: 769 | From: Hotizona | Registered: Aug 2005
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posted
.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.
Posts: 424 | Registered: Apr 2005
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posted
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
Posts: 94 | Registered: Nov 2005
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posted
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!!
The Bellwether Report will continue to research all of the markets to bring you exciting opportunities!! If you are interested in receiving more information on these small or large cap opportunities as well as other features of our site, feel free to sign up for a complimentary subscription to the #1 online investment tool www.bellwetherreport.com.
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All material herein was prepared by the Bellwetherreport.com, (Bellwether) based upon information believed to be reliable. The information contained herein is not guaranteed by Bellwether to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Bellwether is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Bellwether may receive compensation in cash or shares from independent third parties or from the companies mentioned.
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Posts: 420 | From: Canada | Registered: Feb 2006
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