$GYST .0022 Valuation Based on 320,000 Ozs of Gold
Post# of 94122
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320,000 x $1320= $422,400,000
Cost to mine Gold is $850/oz
So 320,000 x $470 = $134,400,000
Based on Current as of February 10/2014 our OUTSTANDING SS is 479,000,000
$134,400,000 / 479,000,000 = $0.28 per share
[color=green]$0.28[/color] PPS, were @.0022 which makes GYST Undervalued by more than 12,000%.
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[b]INSIDER HOLDINGS are Huge > > 403,846,456 [/b] > > http://www.insidermonkey.com/insider-trading/...purchases/
[b]Share Structure as of February 10/2014[/b]
A/S 1,000,000,000
O/S 479,000,000
[b]****2 RECENT 8-K's ZERO CONVERTIBLE DEBT ASHER GONE****[/b]
http://www.graystone1.com/photo-gallery
They are mining the same Region as NEWMONT GOLD $25.00 pps & IAMGOLD $5.00 pps & both trading on the Nasdaq.
Project Gorilla (Graystone I) and Graystone II have a combined property measurement of 1,200 hectares or 2,965.27 acres where preliminary testing has shown high concentrations of gold.[b] The preliminary testing of approximately 10-15% of GYST’s Graystone II has proven 20,000 ounces of gold is available thus influencing GYST’s team to execute further testing. Similarly, the Gorilla Project has recently finished conducting a 23-day long test production, also called bulk sampling, which has given a conclusion of an excess of 300,000 ounces of gold!
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GYST’s properties are located on the Marañón River of Peru, which is abundant in gold deposits and has been mined successfully since the early 16th century.
Peru is the #1 gold producing country in Latin America as it produces 5.6 million ounces per year and is ranked #5 globally.
With over 4 miles of property, GYST anticipates they will be able to mine on current gold reserves for at least 20-25 years.
[b]The Suriname Project[/b]
The project, referred to Suriname #1, is approximately 3-4 hours from the closest major city. [b]The Company expects that the project will produce 200-400 grams per day or 4,000 - 6,000 grams per month or $200,000 to $300,000 per month per Pod.
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The Company expects to expand the operations on Suriname #1 by adding a Pod each quarter. Each Pod is expected to cost about $250,000 in equipment and is expected to produce 200-400 grams per day or 4,000 - 6,000 grams per month or $200,000 to $300,000 per month. [b]The Company's goal is to have 4 Pods within 18 months being able to produce 16,000 - 24,000 grams per month or approximately $1,000,000 in revenue each month.[/b]
http://pyckglobal.blogspot.ca/2013/10/gyst-gr...e.html?m=1
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