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Golden Star Resources, Ltd. Message Board

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  • whitesands_8 whitesands_8 Apr 29, 2011 2:51 PM Flag

    Appears to be total disbelief in gold and GSS here

    While I do believe it's possible for gss to turn around I really think that an individual would be better off getting out of this one and getting in a better company...If they have a good track record at solving problems, they also have a stellar track record of having problems...Something doesn't seem right...And the shares are awfully diluted...However, with gold really moving it may just drag the shares up with it...But the last thing you want is to miss the bull market in gold by sitting in a stock that is moving down while the product the company produces is going up in value...I had an oil stock like that..Did nothing but go down the entire time oil went from 10/barrel to over 100/barrel...

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    • "While I do believe it's possible for gss to turn around I really think that an individual would be better off getting out of this one and getting in a better company"

      Funny, I had an oil company that the scammers pushed down to the low 2's, and as soon as I sold to buy gold stocks, it took off to upper 30's. My guess is at some point the scamsters will ride the miners up, but not before discouraging retail investors. It's when retail is enamored of the miners that I'd be selling and careful. GSS continues to be a value play. They are so close to getting things right on the ground, and they have basically zero chance of further dilution. I don't see how you can say they are diluted in truth. Very few explorer/juniors actually make it to where we are without selling out, so in many ways they have pulled off quite the feat. Perhaps this is why the banksters hold back GSS, because they didn't cave in the IAG deal (there were rumors to this effect a long while back).

      Regardless the conspiracy theories, though, GSS should be cleaning up soon. Maybe they should do an NEM and promise dividends from profits beyond a certain point. This would kill the naked shorts, as they would have to pay out dividends. If the banksters and call writers run GSS, this will never happen. I hope that is not the case here.

 
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