TMLonggun (99.78)

9 Comments – Post Your Own

#1) On October 11, 2009 at 11:26 PM, streetflame (99.81) wrote:

I don't think you know what oversold means.

Production starting in 2010 seems pretty unlikely to me.  Anyways a huge amount of debt and share dilution will be necessary.

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#2) On October 12, 2009 at 12:18 AM, msftgev (95.80) wrote:

Do you go by the name Danielworm on the google board?

 

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#3) On October 12, 2009 at 12:35 AM, TMLonggun (99.78) wrote:

Yahoo! Message Boards - Goldspring Inc. - GSPG Bullish Technical Chart

GSPG will need a minimum of 15 M to start operations, and ideally two or three times that to wipe out some of their considerable debt.  But the beauty about owning these companies during times like these is that the massive amount of inflation will benefit them significantly.  Eroding their debt while enhancing the fundamentals for their principle assets.

As I outline in the post bellow a small % pre-sale of minerals would be  a very easy way to launch the project to production.  It is my personal opinion that financing is already secured given new production equipment, and the new office. I expect a significant announcement after the final permits are issued in the next month and publication of an IG7 SEC compliant reserve report outlining a $600M and climbing mineable inventory of gold and silver. 

Yahoo! Message Boards - Goldspring Inc. - Pre Selling Gold and Financial Solutions

At the very least GoldSpring will rise in price to reflect the new fundamentals and as the company transitions to a producer it will move up further in the tier of fair value per share which is certainly a heck of a lot more than 35M. I am counting on significant inflation and gold/ silver mania within the next 5 years.

Appreciate your two second analysis though.

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#4) On October 12, 2009 at 3:41 AM, LakerSteve (< 20) wrote:

Are you familiar with SRSR (Sarissa Resources)?   They are apparently sitting a huge amount of niobium. I see a lot of people pushing it on message boards and various sites.  I've been following it for the past three months but haven't moved on it as it's been trending lower.

Any comments? 

  

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#5) On October 12, 2009 at 8:36 PM, msftgev (95.80) wrote:

Daniel you never answered my question.

any Fools that want to know about this stock, please view the google messagge board. It's pretty entertaining. You could also check the ceo's history with the Sec.

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#6) On October 12, 2009 at 11:42 PM, TMLonggun (99.78) wrote:

Yes please review all of Mr. Faber's dealings with the SEC which I can only assume means filing quarterly reports unless you provide some other factual data that would show other dealings.

 SEC Info - Goldspring Inc - Filings

 

As for calling me Daniel repeatedly you are obviously a little crazy as I am clearly not this Daniel character you see in your dreams. You didn't even read my post as I identify who I am in it, also my initials are in my screen-name. So you know who I am already if you can read. Hopefully this doesn't lead to an unhealthy relationship like you have with this other man who appears to be frequently on your mind.

As for Sarissa I haven't looked very thoroughly through their new report but the chart does look somewhat bullish to me, depending on which way the descending triangle pattern breaks.  But these companies especially at the very small market cap level are very volatile and are speculative at best until they have the means to ensure a successful commercial operation.

Back to compounding wealth for me.

 

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#7) On October 13, 2009 at 11:46 PM, camarodan64 (99.37) wrote:

Buddy,  you are a sucker buying goldspring

 

 

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#8) On October 14, 2009 at 12:13 AM, msftgev (95.80) wrote:

Dude, you need to grow some thicker skin.

Your pitch sounded exactly like what I was reading on the google board a couple of mths ago. Sorry I got your name wrong.

goldspring seems like a scam to me. If your right I'll be the first one to congratulate you. But I and most other Fools will tell you that your wrong.

Peace.

Good luck

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#9) On October 14, 2009 at 12:41 AM, TMLonggun (99.78) wrote:

msftgev,

The new CEO of GoldSpring would not be involved in a scam.

 Summary of GOLDSPRING INC - Yahoo! Finance

Effective as of October 6, 2009, Robert Reseigh, a director of the Registrant was appointed as its interim CEO. Robert T. Faber remains as the Registrant's President and CFO. 

Reseigh and Golden are miners through and through and will see this project to fruition.

Robert A. Reseigh Vice President Underground Construction Group Bob Reseigh's expertise in underground construction developed from a career that spans more than 40 years. His role at the Barnard Companies is to oversee the expansion of our work in tunnel and shaft construction and rehabilitation. Following graduation from the Colorado School of Mines in 1968 with a Masters degree in Mining Engineering, and service in the U.S. Army, Bob joined Peter Kiewit Sons and worked his way up through the field ranks of Project Engineer, Superintendent, Project Manager, and Estimator before being promoted to District Manager, Vice President, and Area Manager. Bob retired from Kiewit after 18 years, and decided to join Atkinson Construction in the capacity of Executive Vice President where he ran the Underground Group for 15 years prior to joining Barnard Construction. Mr. Reseigh built his career specializing in underground construction, both domestically and overseas. He is one of the most experienced and knowledgeable individuals in the country in deep shaft and drill and blast tunnel work, having been responsible for in excess of 6 miles of shaft sinking and 55 miles of tunnel/horizontal mine development in his career. In addition, his work has involved both mine development and heavy civil projects, including subways, outfalls, railroads, dams, pump storage, water and sewer, marine construction, and municipal work. At Barnard, Bob has proven invaluable in our strategic planning, new business development, estimating, field operations, and client contact. He also provides leadership and training to our team of experienced and new engineers. Mr. Reseigh enjoys fly fishing, skiing, squash, scuba diving, golf and overseas travel.

And from forbes

Robert Reseigh has been an independent director of GoldSpring since September 2008. Mr. Reseigh has over 35 years of experience in the mining and underground construction industries. Mr. Reseigh, who holds an Engineer of Mines degree from the Colorado School of Mines, is a mining and civil engineering executive who has overseen over $1 billion in civil and mine construction projects during his career. Mr. Reseigh spent nearly 20 years with the Peter Kiewit organization, which is a recognized world leader in the mining industry. He held several positions there, including Vice President and Area Manager for Precious Metals Mine Projects. Mr. Reseigh also served as Executive Vice President of Atkinson Construction Company, a subsidiary of Clark Construction, where he directed all construction projects performed by the corporation. Mr. Reseigh is a frequent speaker at mining and construction industry conferences and has published several industry-specific papers. Mr. Reseigh has also been appointed as a member of the Moles Association and the Beavers Association, East Coast- and West Coast- based associations of prominent individuals in the heavy construction industry. Report this comment

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