Re: How much upside is there?

Welcome To the Goldstone Resources Inc.HUB On AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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fishbeecee

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Re: How much upside is there?

in response to

How much upside is there?

lazyinvestor

posted on Mar 22, 2010 02:09PM

My first comment is thank you for trying to quantify a value for our Co. The hope here is potential. I always thought that it would be the bit or POG that would move this stock and the scenerio you have layed out would be most affected by a bonanza drilling season or a rise in the POG.

I have mentioned on past posts to this site that it is not that they have found the gold, (1.1 M oz.'s) but can they find enough that is economical to mine before the exploration budget is blown and new funding is unavailable like in 2008. Under this scenario the sp could go much lower than it is now. I do not feel that we need to fear that right now but beware things can change fast.

I think that the history of the area plus current succes proving that GRC has some good geoligists and our cash position will continue to have me buying on dips below 70 cents and selling north of 80 cents, all the while maintaining a core position of 8K. The most likely exit being a takeover.