Looks like we'll be at .59 by the end of week, if gold cooperates and rises to $1260.
Gold up $12.00, but GSS is down again.. Imagine where we'd be if gold were down? I'm still waiting for a bottom before buying, but it seems clear that investors are tired of waiting on empty promises and are losing faith that GSS will ever be profitable.. Hopefully the earnings conference call will insure that 16 years of debt and red ink are about to end? Another concern is that the buy orders were greater than the sell orders the last couple days, but yet the stock loses ground? I wouldn't be surprised to see the number of outstanding shares increase again.
Gold has been running 6 straight days and 9 of the last 10 since bottoming. DXY and USDJPY have been crashing in the mean time and are due for an oversold bounce. Miners, however, have been stagnant. Keep an eye on this, as this is usually a sign of more pain in the future. We are approaching the apex of a giant triangle in miners, yet Gold has created a lower low with its last drop to 1204. Just beware, it's not a matter of IF Gold will fly, but more a matter of when.... and it may not be for another 6 months. This post isn't to be negative as I am a Goldbug, however I'd hate to see investor's money sit idle or lose value, as mine during the last few months. Good luck to all
Can anyone check the latest GSS short interest??? I just looked at shortsqueeze.com(wonder if right) and it shows a dramatic reduction in short positions, namely about 13 million shares. What is strange to me is that the price should have responded higher and also I dont see a heavy volume over the last week or two to explain this massive short covering. ANY COMMENTS????
Short Squeeze Ranking™ view Daily Short Sale Volume view Daily Naked Short Selling List view Short Interest (Shares Short) 13,559,200 Short Interest Ratio (Days To Cover) 3.1 Short Percent of Float 3.64 % Short % Increase / Decrease -48 % Short Interest (Shares Short) - Prior 26,267,400
Added another 4000 shares at .65 with rsi at 20
I personally believe GSS is going to be successful. the last 3 months average of gold is 1250$. the company is making money. for some reason, the price is not going high enough. the gold went back up almost 40 dollars and other gold companies having good times but GSS is not. I will wait patiently.
Anyone knows if GSS will put out prelim. production nos prior to Aug 1 date/conf. call ????
let's hope there isn't yet another dilution coming with the quarterly. something isn't right with this stock.
Has anybody seen coward Yahoo Reader aka Eric?
Golden Star Second Quarter 2017 Results Conference Call
TORONTO, July 13, 2017 /PRNewswire/ - Golden Star Resources (NYSE MKT: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") will be releasing its results for the quarter ended June 30, 2017 after market close on August 1, 2017.
The Company will conduct a conference call and webcast to discuss these results on August 2, 2017 at 10:00 am ET. The access details are as follows:
Toll Free (North America): +1 866 393 4306 Toronto Local and International: +1 734 385 2616 Conference ID: 53427025 Webcast: www.gsr.com
A recording and webcast replay of the call will be available at www.gsr.com following the call.
Intro: This piece by Rickards gives a nice walkthrough of the next tactics in the war on cash. Then he segues to the next domino as the supranational organizations move towards a One Money world. That next domino is Gold. This reminds us of a p
Quote from Yellen this morning: “I see roughly equal odds that the U.S. economy’s performance will be somewhat stronger or somewhat less strong than we currently project...” REALLY?
DXU17 | Futures Interactive Chart for U.S. Dollar Index
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GOP obammycare lite fails, dollar puking, gold spiking...should be a banner day tomorrow!
Royal Gold is up on a positive pr. Once again there is a short list mines that are making a good contribution to earnings for Royal Gold. Our Wassa and Prestea make up nearly half of the list. If Royal Gold is doing so well do to their association with Golden Star, I think we have to believe we will as well. Keep the faith. God bless, Bill.
a bunch of new poster positive posts. this stock has acted weak for several months, ever since cab (stude) and henhouse showed up pumping once again. we've been through this 50 times by now. we'll see. the quarterly looms.
GSC what are your thoughts dog and pony or pump and dump?
Whoa we were green yesterday? Holy moly i forgot what that looked like...!
can anyone explain why most of the miners are sinking while gold is going up.