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| Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB |
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12-20-2007, 02:34 PM
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Super Moderator
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Join Date: Jun 2007
Location: Alabama
Posts: 4,767
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Goldspring Inc. (GSPG.OB)
This was brought to my attention by a guy called MrBigLoser...lol but I think he is on to something here that may change his name to MrBigWinner  wait a minute that don't sound right.....
Anyway this is a precious metals mining company that opened in 2003. Whats impressive about this stock is the continued solid gains. Not for days but WEEKS. Check out the chart below........
It is up today but I'm thinking with tomorrow being the Friday before Christmas there will be a sell off on alot of penny stocks and hopefully this one. I would love to enter today but think the pps may be lower tomorrow. Its in overbought range so maybe we can get a nice entry.
Out of the last 42 trading days this has stayed even or went green 31 times. The volume today is over 40 million.
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02-20-2008, 11:42 PM
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Jedi Knight
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Join Date: Aug 2007
Posts: 560
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Re: Goldspring Inc. (GSPG.OB)
I've been watching this for the past 2 days and really like the set up here. the chart is looking good and seems like it still has a lot of room to move and i think it will continue to move up from here.
Here are some of their latest PR's
Thu, Feb 07, 2008
GoldSpring, Inc. Invited to Address Investors
http://app.quotemedia.com/quotetools/popups/story.jsp
Tue, Feb 05, 2008
GoldSpring, Inc. Announces Stage 1 Drill Results
http://app.quotemedia.com/quotetools/popups/story.jsp
Thu, Jan 24, 2008
GoldSpring, Inc. Receives Positive Assay Results
http://app.quotemedia.com/quotetools/popups/story.jsp
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06-09-2008, 10:00 PM
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Jedi Knight
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Join Date: Mar 2008
Posts: 553
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Re: Goldspring Inc. (GSPG.OB)
This stock has gone up a bit recently. 2 recent press releases might be doing it, here's the latest:
Quote:
GoldSpring Discovers Potential Bonanza Grade Ore at the Hartford Complex
Monday June 9, 1:00 pm ET
Drill Hole #40 Encountered 5 Feet Grading 1.927 Ounces of Gold Per Ton
GOLD HILL, Nev., June 9 -- GoldSpring, Inc. (OTC Bulletin Board: GSPG - News), the largest mineral rights land position in Nevada's Comstock Lode Mining District, reported today that drill hole #40 at the Hartford Complex, which is not included in the independent preliminary resource report being discussed on a conference call tomorrow, which has been rescheduled for 4:30 p.m. eastern time, encountered five feet of ore containing 1.927 ounces of gold per ton. This hole, due to the high-grade of mineralization, has the potential to have Bonanza levels of gold. This is the highest grade of ore the Company has identified since the commencement of the drilling program in December 2007. Hole #40 is located in a different zone than the drilling activity reported previously.
"We believe drill hole #40 suggests that the Hartford Complex, which we have always believed to be a potentially very strong resource for gold, could exceed the previous expectations set forth in the preliminary report which is being discussed on tomorrow's conference call (which does not address drill hole #40)," said Jim Golden, GoldSpring's Chief Operating Officer. "Drill hole #40 provides even stronger support for our conclusion that continued exploration in the vicinity of our on-going drilling program will result in a dramatic increase in the company's precious metals resource and substantially increase the value of our holdings."
To date, the Company has drilled 54 holes and has received third-party assay results for the first 42 of those drill holes. The Company expects to receive assay results for the balance of the 54 drill holes in June. The Hartford Complex represents less than five percent of the Company's total landholdings in the Comstock Lode.
The Company will hold a conference call tomorrow at 4:30 p.m. eastern time to discuss hole #40 and the preliminary findings of the 43-101 reserve report. Interested participants should dial 866-214-7077 when calling within the United States or 416-915-9608 when calling internationally along with pass code 8254829. There will be a playback available as well. To listen to the playback, please call 888-203-1112 when calling within the United States or 719-457-0820 when calling internationally. Please use pass code 8254829 for the replay. The call is also being webcast and can be access at GoldSpring's website at Welcome to Home Page.
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07-22-2008, 02:48 AM
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Super Moderator
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Join Date: Jul 2007
Posts: 1,151
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Re: Goldspring Inc. (GSPG.OB)
GSPG is chuggin, chuggin, chuggin right along. New 52-week high today.
__________________
You can also read articles that I've written, video charts that I do and keep up with market news at www.otcshowcase.com.
"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln
"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow
Full Disclosure
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07-23-2008, 01:38 PM
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Jedi Knight
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Join Date: Jul 2007
Posts: 624
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Re: Goldspring Inc. (GSPG.OB)
I bought some of this a couple of months ago.
Why? Three words: leach pad permit.
And I like the way it trades - it holds up quite well. But greedy me, I'm hoping for a good dip to get some more.
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It is my right and my duty to be Rich
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01-12-2009, 09:10 PM
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Super Moderator
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Join Date: Jul 2007
Posts: 1,151
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Re: Goldspring Inc. (GSPG.OB)
GSPG pushed through resistance today. On radar to hold and push tomorrow.
gspg.jpg
__________________
You can also read articles that I've written, video charts that I do and keep up with market news at www.otcshowcase.com.
"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln
"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow
Full Disclosure
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01-26-2009, 10:43 AM
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Administrator
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Join Date: Jun 2007
Posts: 12,728
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Re: Goldspring Inc. (GSPG.OB)
GoldSpring Announces Commencement of Drilling on Exploration Target Acquisition and Provides Drilling Update
Monday, January 26 2009 - 10:08
GOLD HILL, Nev., Jan. 26 /PRNewswire-FirstCall/ -- GoldSpring, Inc. (OTC Bulletin Board: GSPG) announced today the expansion of its land position at its Comstock Project through the recent acquisition of the Dondero property, which is located 1.5 miles south of its Hartford Complex. Exploration drilling commenced on this property in mid-January. To date, two of the ten planned drill holes targeted in the initial exploration program have been completed and assay results are expected in late February.
The Company currently has four drills in operation at its Comstock Project; one of the drills is being deployed at the Dondero property; two of the drills are allocated to develop the drill-indicated deposit, and the fourth drill is being used to expand exploration. Exploration drilling in the Keystone area commenced in the fourth quarter of 2008 with an initial five hole program. Drill hole assay results are pending and geologic logging underway. Exploration below the historic Woodville shaft and bonanza deposit, which commenced in early January 2009, has intersected the targeted zone and the host rock is being assayed.
Since the beginning of this drilling program in November 2007, the Company has completed approximately 150 drill holes and has reported assay results from 71 holes. The drilling campaign has proven successful, with nearly all the assay results showing gold and silver mineralization. The Company plans to release the drill assay results for the pending drill holes upon receipt of assay results from American Assay and in-house review. The Company expects to release the pending drilling results in the near term.
About GoldSpring, Inc.
GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive, contiguous property in the Comstock Lode District. Our Company was formed in mid-2003, and we acquired two properties in the Comstock Lode before the end of the year. We secured permits, built an infrastructure and brought the exploration project into test mining production within a year of its acquisition. The Company, in 2005, began consolidating the Comstock Lode by acquiring additional properties in the district, expanding our footprint and creating opportunities for exploration and mining. We are an emerging company, looking to build on our success through the acquisition of other mineral properties in the Comstock Lode District with reserves or exploration potential. The Company''s objectives are to increase reserves through exploration, expand its footprint in the Comstock, resume mining, optimize its production, and maximize shareholder value.
Cautionary Note to U.S. Investors: The United States Securities and with Exchange Commission permits US mining companies, in their filings the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms on this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-KSB which may be secured from us, or from the SEC''s website at SEC Filings & Forms
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04-08-2009, 05:42 AM
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Super Moderator
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Join Date: Jul 2007
Posts: 1,151
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Re: Goldspring Inc. (GSPG.OB)
GSPG is back on radar:
__________________
You can also read articles that I've written, video charts that I do and keep up with market news at www.otcshowcase.com.
"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln
"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow
Full Disclosure
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09-02-2009, 08:35 PM
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Administrator
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Join Date: Jun 2007
Posts: 12,728
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Re: Goldspring Inc. (GSPG.OB)
Filled the gap and made a nice bullish move. I expect to see GSPG continue up. News is bullish as well and maybe more on the way.
GSPG Chart
GOLD HILL, Nev., Aug. 25 /PRNewswire-FirstCall/ -- GoldSpring, Inc. announced today that it has increased the mineral claims in its Comstock Mine Project by 21% over the last twelve months. The project now includes 256 mining claims administered by the Bureau of Land Management. This announcement comes as the Company filed its annual mineral claims and paid its maintenance fees for the 2009-2010 year. GoldSpring's Comstock Mine Project now includes a mineral estate of 4,238 acres, including 590 acres of patented mining claims, and 3,648 acres of unpatented, BLM-administered mining claims.
"This is the largest land position in the Comstock ever consolidated by a single company," said Rob Faber, President and CEO of GoldSpring, Inc. "In light of the successful drilling program that commenced in December 2007, GoldSpring has focused on adding strategic properties to its portfolio in the Comstock. We believe the acquisitions of the last twelve months provide opportunities to increase our mineral resources through our ongoing exploration program."
The Company's recent gold and silver mineral reserve report, summarized in its May 15, 2009 press release, illustrates the success of the Comstock Mine Project to date. The Company continues to build on that success through the ongoing engineering and permitting activities required to open a profitable mining operation.
About GoldSpring, Inc.
GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive land holding in the Comstock Gold-Silver District of Nevada. The Company has defined an initial gold and silver deposit at the Hartford / Lucerne complex and has secured several of the key mining permits required to develop the project. The Company is currently engaged in an aggressive exploration program to define the extent of the Hartford / Lucerne complex, assess other key exploration targets on its large land package and push the project toward production. The high-grade nature of the bulk tonnage Hartford / Lucerne deposit and its favorable configuration has positioned the Company to become a new gold-silver producer in the future.
Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms on this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-KSB which may be secured from us, or from the SEC's website at Filings & Forms
The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by GoldSpring) contains statements that are 'forward-looking,' as defined in Section 21E of the Securities Exchange Act, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, mining capability and potential contracts. Such forward-looking information involves important risks and uncertainties, which include the risk factors disclosed in our most recent filings with the U.S. Securities and Exchange Commission, that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of GoldSpring.
These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. These and other factors, which could cause actual results to differ materially, are discussed in more detail in GoldSpring's filings with the Securities and Exchange Commission. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'should,' 'will,' and 'would' or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
Welcome to Home Page
Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail: rfaber@goldspring.us
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