looking forward to the CC tomorrow morning 8:30am. Great news on the increased Prestea Underground Development estimates and that is still using the assumption of $1,150 price of gold next year!!
It's been 10am in the past however I see the annual shareholder meeting begins at 11:30am rather than 1pm like last year. I doubt there is anything meaningful with the times. This time last year the Royal Gold deal was announced.
There will be more insiders buying. GSS now has a Share Ownership Requirement for the CEO, Executive Officers, other Executives and Outside Directors.
The Board of Directors ain't too shabby either!! There is an Executive and BOD stock ownership requirement I read about last year where they must purchase stock on the open market, so far I have not noticed any purchases.
Did the report mention the assumed price of gold? By 2017 it could be well north of $2,000.
The CC presentation is on their website for anyone who didn't review it please do there is a lot of very positive information.
The CC presentation was nothing but good news in terms of reduced costs realized and future costs reduction projections. Couple this with the price of gold increasing places GSS in a positive position going forward.
Yes, my average price was $2.80 but with numerous buys between .18 and .25 I sit at $1.35. I'll see how the price goes tomorrow and buy more. Based on the report I would expect a big spike up but who knows it may be a big spike down, either way I'm ready.
How I regret not taking profits, and they were big profits in 2011, I learned a lesson. I was buying calls on the sell offs and then exercising them at a nice profit and taking delivery from the short, sweet!!
I would think by now all shares are in strong hands, so #$%$ is selling? To me this is not a day trading stock, for the day traders you can get more action in NUGT and DUST or TVIX. No one should be selling!! Accumulate!!