GSPG - GoldSpring Inc - Page 30

No dip yet today all rise in the morning. This could be a big % gainer in 2009 it's definately undervalued and under the radar as of right now. When this breaks .02 or .03 you'll see the MoMo train come back. Large silver deposits, with a hefty amount of gold, basic consensus is gold is going over $900 and possibly $1200 by mid-year. Production here is scheduled to start back up in early summer which is an ideal time with gold and silver to climb this year. Don't forget this company is located in the Comstock Lode which is historically one of the geologically richest ore areas in the world.

Many favorable indicators, I'm thinking there might be a pullback tomorrow.
After 3 up days, that's the usual pattern. But could be a blue sky breakout

On the run to .065 I remember thinking this can't keep running but it went up 6 consecutive days in a row. If selling pressure is deflated this one may just run and then consolidate for a little while. We'll see tomorrow if it can break above .015

The accompanying consolidated condensed financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company as a going concern. However, the Company has year end losses from operations and had no revenues from operations during the six months ended June 30, 2008. During the six months ended June 30, 2008 the Company incurred a net loss of $3,631,374 . Further, the Company has inadequate working capital to maintain or develop its operations, and is dependent upon funds from private investors and the support of certain stockholders.

These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. In this regard, Management continues to raise any necessary additional funds through loans and additional sales of its common stock. There is no assurance that the Company will be successful in continuing to raise additional capital

The Comstock Lode has not produced anything of considerable note since 1864. If you find any info that says otherwise, please- do post.

...What junior do you know of that is making money right now??? Obviously they are drilling and spending money to finance their drilling operations. Of course a junior is going to have a deficit. The only concern right here right now is finding gold in the ground. Don't know how long you have been following this stock but this company has found over 510,000 ounces of gold in the ground and much more than that in silver. I'm not going to get into an argument here do your own research and if you do not want to invest then do not invest. I'll let the 43-101 (along with the steady rise in gold and silver that Will take place this year) speak for itself.

Anyone can read a financial report on a junior miner and construe it in such a way that it will be unfavorable for the shareholders. I am not happy with dilution and I do not like to see PPS fall but these prices are bargain basement I know why I bought this stock and I am not like the yahoo board I welcome bashers. Insiders hold ~87% of this stock we are just small players in the possibility of tremendous gains in this stock.

I been following GSPG for 2 months. That doesnt mean anything, someone can read an entire history of a company in a few hours of research.

1.The debt is really bad it seems.
2. No word about private investors to continue their operations.
3. The comstock lode has produced in large amounts what?, In the last 100 years?

I like that your defending them but your doing it by challenging my research. Sure anyone can read a filing and no i havent been following them for a very longtime.
I am here for some feedback, Preferably something that shows me what ive been missing.

This stock was mining and trading over $1.00 ~4 years ago I believe...former CEO ran the company into the ground he's out new CEO Faber is in. This stock has gained 1000%+ since. This stock does move slow, the worst thing about this stock is definately the debt (3.4 million shares outstanding). Production is scheduled for June in the last resource report 510,000 oz of gold and 2 million of silver were found...Investors are awaiting the 43-101 Reserve report that will be bankable and is anticipated to have ~1 million oz of gold and 4 million oz of silver. I think there is definately money to be made here before the news report and after if the report is good-excellent in their reserves.

Ready to blow ???

lol nice chart Guy. .015 is broken next resistance is .02 I believe let's see how this week pans out. Buying pressure + Volume is finally picking up here.

There she blows. I do not believe we have any real resistance from here until .02. We break .02 and this is an easy double and beyond. If news is good enough to weather the news sell-off storm we will be reaching old highs in no time.

Climbing slow and steady in a tight upward consolidation. Comp 43-101 reserve report due any day now,

Gold is bursting at the seams. .065 was touched in gspg with gold at $1000/oz and nowhere near proving their resources in the ground. 6 months later at .0167 we're days away from the 43-101 gold nearing $900. Proportionally Undervalued now is an understatement.

I think this stock is going to start making waves soon. I would make a wager that the 43-101 will be released before the end of this month. Volume is starting to increase ^.

The appointing of Jeffrey Pontius was a great addition keep this one on watch lists.

No watchers yet? maybe after it doubles

Over 12 million volume in less than 15 minutes of trading. gapped up from .0158 to .017 in the morning. Something is up and it's not just the PPS.

Are we looking at some slow climbs for the day or should I wait for a drop to get a little more

.015's are good buys here.