A look at GSPG's 1 year chart http://www.bloomberg.com/apps/cbuilder?ticker1=GSPG:US
Goldspring owns, or has mineral rights to, the majority of the Comstock Lode in Nevada http://en.wikipedia.org/wiki/Comstock_Lode
Latest press releases/news from GSPG http://finance.yahoo.com/q?s=gspg.ob
Interview of Goldspring CEO, Rob Faber from February 2008:
http://www.uploadpedia.com/14OR3Z57CM04/InterviewofGoldspring-RobertFaber-Feb27-2008-mp3.html
MUST LISTEN! - Interview of Goldspring CEO, Rob Faber and COO, Jim Golden from June 2008 - PART 1: http://www.nowupload.com/:CnQ
MUST LISTEN! - Interview of Goldspring COO, Jim Golden from June 2008 - PART 2: http://www.mymusicstream.com/artist/1947/
Goldspring's Preliminary Interim 43-101 Resource Report:
http://www.sec.gov/Archives/edgar/data/1120970/000114420408034539/v117030_ex99-1.htm
Goldspring's most recent 8K filing: http://www.sec.gov/Archives/edgar/data/1120970/000114420408038583/v119188_8k.htm
Goldspring's latest presentation associated with the most recent 8K-reserves of $200 million/41 drill holes on Page 8 has been updated in the preliminary 43-101 to $350+ million plus bonanza grade strike:
http://www.sec.gov/Archives/edgar/data/1120970/000114420408033857/v116663_ex99-1.htm
Scheqky's YouTube videos covering a visit to the Comstock as well as Goldspring management's presentation at the Red Chip conference in San Francisco on June 5, 2008: http://www.youtube.com/scheqky
Article on Goldspring providing historical information regarding the Comstock Lode:
http://www.financebox.com/articles/Miscellaneous/06132008-GOLDSPRING-INC.-%28GSPG.OB%29-%3A-June-2008.html
Goldspring's investment bank, Merriman, Curhan, & Ford - Nasdaq:MERR: http://www.merrimanco.com/
13G filing reflecting Merriman's ownership of 193 million shares of GSPG:
http://www.sec.gov/Archives/edgar/data/826683/000114420408036729/v118212_sc13g-a.htm
13G filing reflecting John Merriman's ownership of 73 million shares of GSPG:
http://www.sec.gov/Archives/edgar/data/1022711/000114420408036731/v118213_sc13g-a.htm
All GSPG SEC filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001120970&owner=include&count=40
- Goldspring's mining property is located in the U.S., not in a geo-politically unstable region of the world where governments are nationalizing their natural resources including precious metals.
- All of Goldspring's prior legal issues have been settled.
- Strong and experienced management led by CEO Robert Faber and COO Jim Golden.
- World class geologists and metallurgy experts on staff.
- Preliminary Interim Resource report indicates more than $350 million of gold on less than 5% of mining property which is a multiple of current market cap.
The facts cannot be disputed or refuted.
FROM WIKIPEDIA
RE: COMSTOCK LODE
Between 1859 and 1878, it (Comstock Lode) yielded about $400 million in silver and gold, equivalent to approximately $500–$600 billion in 2005.
DO you know what has happened to the price of gold and silver since 2005? there has been little mining at the comstock since the late 1800's.
Therefore, over 20 years during the mid 1800's, close to two trillion dollars (in today's dollars) worth of precious metals was mined. This mining took place on only 10% of the Comstock Lode. The other 90% of the Comstock hasn't been mined. Goldspring owns or has mineral rights to 80% of the Comstock Lode and their mining techniques have advanced well beyond that of the 1800's.
Couch, Softwarelaw & Scheqky Additions
http://www.calliope.org/gold/gold3.html
MAP OF THE COMSTOCK L ODE http://homepage.mac.com/ebandpck/cityrocks/lodemap.html
History of Virginia City, Nevada and the Comstock Lode http://www.vcnevada.com/history.htm
One of Several Reasons as to Why Mining Stopped:
Working the Comstock Lode was extraordinarily dangerous. Apart from the risk of cave-ins and underground fires, miners had to worry about underground www.digitalhistory.uh.edu/database/article_display.cfm?HHID=179
(I have found no record that said the lode was played out - Scheqky)
Book written by a person with a lifespan nearly the same as the historic Comstock One. It is written in an exciting manner. PDF download is free! and no strings attached... The Story of the Mine By Charles Howard Shinn
http://books.google.com/books?hl=en&id=Ogoto123aboC&dq=COMSTOCK+LODE&printsec=frontcover&source=web&ots=IBujBCJFBO&sig=Kx6a5NH-hyynDdXkfqa1LLyRLcI&sa=X&oi=book_result&resnum=13&ct=result
Dan DeQuille, William Wright, worked for the Territorial Enterprise during the great rush and development of the Comstock Lode. A hardened and knowledgeable reporter, DeQuille wrote many stories about the mines and activities of Virginia City, Nevada during late 1850s and continuing into the 1870s. He was considered a mining expert by many people, especially the miners themselves, and was invited into all the great mines.
http://www.aracnet.com/~histgaz/dequil.htm
Creme de' le Creme - The History Of Virginia City Part 1 of 7
by Modern Marvels, History Channel
http://www.youtube.com/watch?v=ggYFxNHUmn8&feature
When there click to the other six videos.
Returning to Skully's post:
Relevant facts to remember always...
+ Only 10% of the Comstock Lode has been mined!
+ Goldspring owns or has mineral rights to 80% of the Comstock Lode!
+ Precious metals prices are going much higher!
+ Goldspring has already found in excess of $350 million in gold reserves! A multiple of the current market cap of the company!
+ Bonanza grade ore bodies found [drill holes #40 & #44] – (40) 5 ft @ 1.9 opt Au and (44) 5 ft @ 1.559 opt Au/6.35 opt Ag - if it proves to be a volume large enough to be called a bonanza.
+ Commstock has largest silver vein in the historic USA! (Nevada is the 'Silver State')
+ 33 bonanzas found to date (1800's) on only 10% of property. More bonanzas are here!
+ Comstock is on U.S. soil-no geo political issues!
GO FABER!
GO GOLDEN!
GO NANCE!
GO JOLCOVER!
GO GOLDSPRING!
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