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GDSM - Gold Coast Mining Corp. (Old HWBI)

post #1 of 22
Thread Starter 
http://www.goldcoastminingcorp.com/

Gold Coast Mining Corp. seeks to provide financing, equipment and finance related services to the mining industry. It is the Company’s plan to pursue these opportunities through acquisitions and joint ventures with other mining concerns.

The Company currently has a joint venture with Western Sierra Mining Corp. (OTC:WSRA) for its Ore Cache and SunGold Mine Projects located in the Prescott, Arizona area. Gold Coast has agreed to provide capital to WSRA to fund initial expenses to put each of the mines into production. Such initial expenses will include the construction of a hard rock free gold recovery plant. Gold Coast is a 50% revenue sharing joint venture partner in both projects.

The SunGold mine is located about 24 miles southwest of Prescott, Arizona and consists of 5 unpatented mining claims. There has been an 11 hole-drilling program done by Kennecott Exploration. The project consists of 2-3 million tons of low-grade gold bearing ore suitable for surface mining. The SunGold Mine consists of 75,000 ounces of indicated gold resources worth an estimated $60 million dollars at today’s prices.

The Oro Cache mine is located 20 miles south of Prescott, Arizona, within Yavapai County. Previously owned by GoldRiver Exploration Co. Recent selective “hi grading” yielded gold ore ranging up to 20 oz/ton. In 2000, approximately 15 tons of ore were selectively mined and transported to a small mill. The processed ore yielded 187 ounces of gold. Underground exploration has defined a possible/indicated ore reserve of about 23,450 tons that could average .35 oz/ton. Proving any existing or future ore reserves will require additional underground exploration and a possible drilling program targeting an additional 75,000 tons on strike and at depth.

stock-chart-str.aspx?id=gdsm&ca=24062939
post #2 of 22
Thread Starter 
Gold Coast Mining Announces Stock Dividend

* Press Release
* Source: Gold Coast Mining Corp.
* On Wednesday August 5, 2009, 8:32 am EDT

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BOSTON, Aug. 5, 2009 (GLOBE NEWSWIRE) -- Gold Coast Mining Corp. (Pink Sheets:GDSM - News), announced today that its Board of Directors has set a record date of August 31, 2009, for the proposed dividend of the common stock held in Max Media Group, Inc. The Board declared a dividend of one share of common stock of Max Media for every thirty (30) shares of Gold Coast Mining common stock held by shareholders on August 31, 2009.

It is management's expectation that Max Media will be trading under its new symbol by the record date. Additionally, Max Media is preparing its financials to file with Pink Sheets, which will allow the company to have current financial information available.

Jason Cooper, Interim CEO of Gold Coast Mining Corp., commented, "The setting of the record date for our previously announced dividend, as well as the distribution rate, is a big step forward for the Company in its pursuit of restoring shareholder value. Each of our shareholders will now have the opportunity to participate in the future potential of Max Media as an individual Max Media shareholder. "

Mr. Cooper further stated: "Max Media management has committed to filing current financial information in order to achieve transparency for its shareholders and to shorten the holding period on the dividend shares. "

Max Media Group (MMG)

MMG operates 10 Hot Web sites including www.hotautoweb.com, www.hotrvweb.com, www.hotboatweb.com and www.hotcharityweb.com, among others. The sites were founded in 2001 with the current management assuming control in January of 2009. In the past 5 years, hotautoweb.com alone has generated $17 million in sales in the Classic Car segment. The Company is now initiating plans to establish a national network of trained independent representatives to market its various website listing services to collectors, charities, consumers and dealers. The Company, as an objective professional 3rd party, enables customers to purchase items (mostly sight unseen) without the fear of hidden defects or problems. The Company allows sellers to bypass the learning curve of how to establish a successful online auction while allowing the seller personal privacy protection all while reaching a worldwide audience of internet buyers with little time or effort.

MMG seeks to become the international premier marketer and publisher of classic cars, higher end vehicles, rv's, boats, motorcycles, planes and other valuable items for individuals, dealers and charities. This will be accomplished by a network of more then 100 independent representatives that complete an exhaustive documentation and history of every item listed with numerous detailed photos, video documentation and the "story," as told by the owner.

MMG revenue is derived from listing fees, both flat rate and percent of sale value, independent representatives subscription fees, and the monetization of website traffic. Currently, MMG generates between $5 to $15 eCPM (dollars earned per 1000 page views).

The management team of MMG consist of:

G. James Grady, CEO. Mr. Grady has over 40 years experience in the automotive industry. Mr. Grady has served as President of Retail Division for Don Olson Tire Centers where he was responsible for the retail operations of over 30 locations throughout the State of Florida. Additionally, he has served as President/CEO for Ken Towery Firestone, Executive V.P. and Franchise Development Manager for Morgan Tire and SE Regional Manager for Franchise Operations and Development for Tuffy Automotive.

Stephen G. Reed, CFO. Mr. Reed has served as a Vice President/Trust and Investment Services Officer for Bank One, Wells Fargo and Fifth Third Bank. Mr. Reed was also an Employee Benefits Consultant for Wausau Insurance Companies.

About Gold Coast Mining Corp.

Gold Coast Mining Corp. is pursuing mining acquisitions and joint ventures. The Company currently has a joint venture with Western Sierra Mining Corp. for its Ore Cache Mine and SunGold Mine.

The Company currently has 444,887,086 shares issued and outstanding.
post #3 of 22
Thread Starter 
Gold Coast Mining Announces Trading of Max Media Group, Inc.

* Press Release
* Source: Gold Coast Mining Corp.
* On Monday August 10, 2009, 8:30 am EDT

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BOSTON, Aug. 10, 2009 (GLOBE NEWSWIRE) -- Gold Coast Mining Corp. (Pink Sheets:GDSM - News) announced today that Max Media Group, Inc. has begun trading on the OTC Pink Sheets as of Monday August 10, 2009 under the symbol MXMI.

Max Media will have a total of 76,098,803 shares outstanding upon the issuance of all shares required by its acquisition of the Hot Web domain properties and completion of its current private placement of 1,000,000 common shares at a purchase price of $0.50 per share.

James Grady, CEO of Max Media Group, Inc., commented, "We are very excited to begin trading as Max Media. We have many plans and opportunities for the company and its shareholders that can now be aggressively pursued. While we have been working tirelessly over the last few months, we plan to increase our activities substantially now that we are an independent publicly traded company."

Jason Cooper, Interim CEO of Gold Coast Mining Corp. stated, "Our focus regarding Max Media over the next several weeks will be on assisting them with their transition as a public company and expediting the distribution of the dividend shares to our shareholders in a timely manner."

Cooper further stated, "We have set out many plans over the last few months. The accomplishment of Max Media trading is another step in the execution of those plans. We will continue to push forward our plans and goals of enhancing shareholder value the best way we can, always with the shareholders best interest in mind."

Additionally, management cautioned that the trading and price in Max Media stock over the first week may be volatile and erratic until all new shares after the reverse split and name change have been distributed. Max Media will have approximately 15,098,000 shares in the free trading float.

As previously announced, the Board of Directors of Gold Coast Mining have approved and set a record date of August 31, 2009, for the proposed dividend of the common stock held in Max Media Group, Inc. The Board declared a dividend of one share of common stock of Max Media for every thirty (30) shares of Gold Coast Mining common stock held by shareholders on August 31, 2009.

About Gold Coast Mining Corp.

Gold Coast Mining Corp. seeks to provide financing, equipment and finance related services to the mining industry. It is the Company's plan to pursue these opportunities through acquisitions and joint ventures with other mining concerns.

The Company currently has a joint venture with Western Sierra Mining Corp.(Pink Sheets:WSRA - News) for its Ore Cache and SunGold Mine Projects located in the Prescott, Arizona area. Gold Coast has agreed to provide capital to WSRA to fund initial expenses to put each of the mines into production. Such initial expenses will include the construction of a hard rock free gold recovery plant. Gold Coast is a 50% revenue sharing joint venture partner in both projects.

The Company currently has 444,887, 086 shares issued and outstanding.
Contact:

Brass Bulls Investor Relations
Matthew Lovito
866-342-2700
post #4 of 22
Thread Starter 
Gold Coast Mining Announces Corporate Update

* Press Release
* Source: Gold Coast Mining Corp.
* On Friday August 14, 2009, 8:17 am EDT

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BOSTON, Aug. 14, 2009 (GLOBE NEWSWIRE) -- Gold Coast Mining Corp. (Pink Sheets:GDSM - News) announced today the following corporate update:

Today the Company filed its application and fee to Pink Sheets for the OTC Disclosure and News Service. This service will allow the Company to publish its financials and disclosure forms on www.pinksheets.com and is the first step in creating complete transparency for the shareholders.

Additionally, Gold Coast has received initial pro forma projections for the SunGold Mine. The projections are based on certain noted assumptions and are undergoing a final review by Western Sierra. The projections, along with assumptions and costs, can be viewed on the Company's corporate website. The Company's site is completed and now available at www.goldcoastminingcorp.com. The Company plans to make continuous revisions and updates to the site to keep shareholders informed of corporate developments.

Jason Cooper, Interim CEO of Gold Coast Mining Corp., stated, "Today is an exciting day for Gold Coast. The submission of our application to Pink Sheets and the finalizing of our website are two big steps for the Company's identity and transparency. The initial numbers on SunGold are very encouraging and we are extremely anxious to push the development plan forward."

As previously announced, Max Media Group has begun trading and a record date for the Max Media dividend has been set for August 31, 2009. The Company is preparing all required filings and documents for the distribution of the dividend. Max Media is finalizing tasks relevant to its transition to a publicly traded company and plans to begin updating shareholders shortly.

About Gold Coast Mining Corp.

Gold Coast Mining Corp. seeks to provide financing, equipment and finance related services to the mining industry. It is the Company's plan to pursue these opportunities through acquisitions and joint ventures with other mining concerns. The Company currently has a joint venture with Western Sierra Mining Corp. (Pink Sheets:WSRA - News) for its Ore Cache and SunGold Mine Projects located in the Prescott, Arizona area. Gold Coast has agreed to provide capital to WSRA to fund initial expenses to put each of the mines into production. Such initial expenses will include the construction of a hard rock free gold recovery plant. Gold Coast is a 50% revenue sharing joint venture partner in both projects.

The Company currently has 444,887,086 shares issued and outstanding.
Contact:

Brass Bulls Investor Relations
Matthew Lovito
866-342-2700
post #5 of 22
Thread Starter 
post #6 of 22
Thread Starter 
Anyone have any opinions? Seems like it might be ready for another leg up.
post #7 of 22
Quote:
Originally Posted by Mk11Mod0 View Post
Anyone have any opinions? Seems like it might be ready for another leg up.
I'm not bashing this or any other stock but a Pink Sheet + a gold mine = complete S%$&.

On second thought, is this a pumper thread?
post #8 of 22
Thread Starter 
Thats fine I was just getting peoples sentiment. Nothing i have learned about this company has given me any reason to believe they are not legit.
post #9 of 22
Thread Starter 
Quote:
Originally Posted by USMC View Post
I'm not bashing this or any other stock but a Pink Sheet + a gold mine = complete S%$&.

On second thought, is this a pumper thread?
Hey man. I havent pumped anything all i did was posted a chart, recent news and asked for opinions. What is indicative of pumping?
post #10 of 22
Quote:
Originally Posted by Mk11Mod0 View Post
Hey man. I havent pumped anything all i did was posted a chart, recent news and asked for opinions. What is indicative of pumping?
I apologize. I probably should not have said that. But, I have no love for a pink + a gold mine. Sorry.
post #11 of 22
Thread Starter 
Quote:
Originally Posted by USMC View Post
I apologize. I probably should not have said that. But, I have no love for a pink + a gold mine. Sorry.
It's cool. LOL nice warm welcome to hotstockmarket.com i suppose.
post #12 of 22
This should be a good flip soon!
post #13 of 22
Gold Coast Mining Common Stock Upgraded to Pink Sheets Current Information Tier
11 minutes ago - Globenewswire

Related Companies
Symbol Last %Chg
GCMG 0.04 0.00%
GDSM 0.0032 3.23%

As of 9:40 AM ET 9/18/09
Gold Coast Mining Corp. (Pink Sheets:GDSM) is pleased to announce today that the Company has completed all of its Initial Disclosure requirements with Pink Sheets. As a result of completing the disclosure filings, the Company has been upgraded to the Current Information Tier on Pink Sheets.

Jason Cooper, Interim CEO of Gold Coast Mining Corp., stated, "This represents a significant step forward in the Company's plans of restoring shareholder value and making the transition to a mining company. This not only shows our commitment to full transparency for our shareholders, but also creates opportunities for additional mining executives to join the Company."

Additionally, the Company announced the following updates:

-- The distribution of the Max Media Group, Inc. dividend is still set for September 30, 2009. The shareholders of record of the Company on August 31, 2009 will receive 1 share of Max Media Group, Inc. for every 30 shares of the Company owned on that date.

-- The Company has received approximately $150,000 in securities assets (other than its Max Media Group, Inc. holdings) as part of its funding for the Sun Gold Mine joint-venture project. The receipt of this asset, as well as any other current funding commitments, will all be in the form non-equity debt. As previously announced, the Company has secured commitments from several shareholders of a minimum of $200,000 in debt funding for the Phase 1 development of Sun Gold. Information regarding the Sun Gold Mine, including the development plan, can be located at the Company's website
post #14 of 22
Gold Coast Mining Common Stock Upgraded to Pink Sheets Current Information Tier
Sep 18, 2009 8:31:00 AM
2009 GlobeNewswire, Inc.
Email Story Discuss on ZenoBank

View Additional Profiles

BOSTON, Sept. 18, 2009 (GLOBE NEWSWIRE) -- Gold Coast Mining Corp. (Pink Sheets:GDSM) is pleased to announce today that the Company has completed all of its Initial Disclosure requirements with Pink Sheets. As a result of completing the disclosure filings, the Company has been upgraded to the Current Information Tier on Pink Sheets.

Jason Cooper, Interim CEO of Gold Coast Mining Corp., stated, "This represents a significant step forward in the Company's plans of restoring shareholder value and making the transition to a mining company. This not only shows our commitment to full transparency for our shareholders, but also creates opportunities for additional mining executives to join
post #15 of 22
my orders wont fill, been on the ask twice now...damn thing is going to blow and leave me behind
post #16 of 22
in @.0035

lets see what happens
post #17 of 22
Slow Sto and MACD look like they're about to cross... think it might be worth watching?
post #18 of 22
another gold play? big volume, good move, closing near HOD.

post #19 of 22
Volume increasing. PPs up.
Something may be about to happen here.
post #20 of 22

A lot going on here

 

Recent filings allowed GDSM to become Current with Pinksheets - Link to view filings - http://www.otcmarkets.com/stock/GDSM/financials

 

Website seems to be either under construction or we may be getting a new site all together

 

Recent Corporate Update - http://www.babelation.com/content/gold-coast-mining-announces-corporate-update

 

 

 

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