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Golden Star Resources, Ltd. Message Board

  • Very positive cc, It sounds like they are holding some gold in inventory for higher prices. If so 4th Qtr revenue and cash flow will be a nice surprise to the upside. I think mgt is leaning to play the wall st game.

    Sentiment: Strong Buy

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    • Perhaps smart money seeing what is going on and buying?

      Sentiment: Buy

      • 1 Reply to njtsperry
      • From the transcript - positive news on Prestea south.....

        Just one question for you all this morning. Is there any update on the progress of the permitting at Prestea? Or is that kind of frozen until after the election this December?

        Thomas G. Mair - Chief Executive Officer, President and Director
        Well, actually, Jason, we had a -- on October 31, we signed agreements with the communities around Bogoso, Prestea, all the communities in that area, 3 community agreements, and we feel that paves the way for the permitting and the public hearing on Prestea South. However, as you rightly pointed out, there is an election in early December so we don't expect that to happen until early in the new year.

        Jason Schacht - Heartland Advisors, Inc.
        Okay. Is that something -- is the -- would the potential exist to have something in hand in the first quarter? Or would that be a little bit aggressive at this point?

        Thomas G. Mair - Chief Executive Officer, President and Director
        With the history of Prestea South, I'm very reluctant to make any future prediction of how we're going to go there. All I can tell you is we've reached a milestone with these community agreements and that's another step forward. We still have work to do, and timing, et cetera, is always an issue, particularly in that area, as you know

 
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0.482-0.009(-1.87%)Aug 29 4:02 PMEDT

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