Just noticed the rise today.

Company website http://www.goldstoneresources.com/

Some largish buys coming in

This makes for an interesting read

http://www.advfn.com/p.php?pid=nmona&cb=1158179063&article=12416140&symbol=LSE%3AGRL

I also see they have $2.9M in the bank so the stock is also trading at a discount to Nav.

Just because it has $2.9M in the bank doesn't necessarily mean bog all .... could have creditors of $10M

Just took a look .. the 2.9M was at the end of Feb , the speed at which this lot burns cash suggests at best they will have only 50% of it left by next year end.

Its a dog.

LOL if you say so. Lets see how high this dog can jump then.

LONDON (AFX) - Goldstone Resources Ltd said it has raised 1.04 mln stg in a
placing of 68,083,330 ordinary shares at 3 pence each.
The company also announced today that all directors have agreed to take a 50
pct pay cut in order to reduce company overheads. Chairman Sir Michael Oliver
has elected to receive his remuneration of 10,000 stg in the form of shares in
the company at an issue price of 3 pence each.
Goldstone said the funds raised from the placing will be used at the Roraima
gold project in Guyana and, in particular, to undertake a detailed soil sampling
programme to identify the most prospective area for subsequent infill drilling.
The funds will also be used to help the company to pursue potential joint
ventures with majors.

When did the placing above take place ?
What was the average cash burn per month last year ?
Who the fcuk in their right mind would buy a share with a 100% spread ???

Answers on a postcard ...

DYOR

Oh btw have you ever heard of being able to trade within the spread ? 0.8 to buy at present 0.6 to sell.

LOL

Wow so your telling me the spread is only 33% in reality .... bargain !

And as far as DYOR ... did and thats why your $2.9M cash is bank statement is bollox.

dil you sound desperate when you swear !

You could have bought this AM at 0.8 and now will have to pay 1.0 !

Thanks for all your constructive comments btw.

Looks good for tomorrow

Bauxite update

RNS Number:9871I
Goldstone Resources Ltd
14 September 2006

GOLDSTONE RESOURCES LTD

BAUXITE UPDATE


In September 2005, GoldStone Resources Ltd ("GoldStone" or the "Company")
entered into an option agreement with BHP Billiton over the Company's bauxite
interests in Guyana. An initial programme was launched to explore the bauxite
potential in the lease areas. This programme, conducted during the last quarter
of 2005 and continued into the first half of 2006, confirmed the deposits
previously identified by GoldStone and further, more detailed, sampling is
planned.

BHP Billiton accordingly elected to make, and has now effected, payment of the
option fee of US$100,000 required to maintain the option until 6 June 2007.

BHP Billiton must before 7 June 2007 choose whether to exercise the option to
require GoldStone to apply for such prospecting licences as may be permissible
under the Bauxite Reconnaissance Permission. If BHP Billiton elects to exercise
the option and a requisite number of prospecting licences are granted to
GoldStone, then upon transfer of the licences to BHP Billiton, GoldStone will
receive a further US$100,000. Potential payments thereafter are as follows:

US$200,000 on the 1st anniversary of the transfer;
US$1 million on the 2nd anniversary of the transfer;
US$3 million on the 4th anniversary of the transfer; and
US$8 million on the 7th anniversary of the transfer.

Dr. Lawrie Minter, who holds a PhD in Palaeoplacer Sedimentology, has reviewed
and approved the content of this announcement.


Enquiries:

GoldStone Resources Ltd +27 21 794 4004
Nico van der Hoven (Chief Executive Officer)


This information is provided by RNS
The company news service from the London Stock Exchange
END

DRLSFFFMLSMSEDU

Strong buying following the news yesterday.

The new deadline for BHP Billiton to decide upon a take-over or not, has been extended by a month, to 7th July 2007. Could be a very speculative ride over the next few days.

IDMGRL

RNS Number : 3770A
Goldstone Resources Ltd
07 October 2009

?




GOLDSTONE RESOURCES LIMITED


STATEMENT RE. SHARE PRICE MOVEMENT




The Directors of GoldStone Resource Limited ("the Company") note the recent rise
in the Company's share price and announce that they are in advanced negotiations
regarding a joint venture opportunity in Ghana over a gold project and a further
announcement will be made in due course. The Directors know of no other reason
for the rise in the Company's share price.






+----------------------------------------+----------------------------------------+
| GoldStone Resources Ltd | +27 21 551 9009 |
+----------------------------------------+----------------------------------------+
| Jurie Wessels (Chief Executive | |
| Officer) | |
+----------------------------------------+----------------------------------------+
| Hendrik Schloemann (Exploration | |
| Director) | |
+----------------------------------------+----------------------------------------+
| | |
+----------------------------------------+----------------------------------------+
| Hanson Westhouse Limited | +44 20 7601 6100 |
+----------------------------------------+----------------------------------------+
| Tim Feather / Matthew Johnson | |
+----------------------------------------+----------------------------------------+





This information is provided by RNS
The company news service from the London Stock Exchange
END

SPMUUGUPUUPBUBM

Decided to join you today wiz, on the up it seems... has been 36% up so far this morning, so already in profit.

Still on the rise... was 15% up now 13% very dull start today this ios the only large riser on my stock list.... think I'll go out and earn a crust..lol
edit just looked again now 22% up

bought earlier and sold half on thursday @2.8 .
thanks to whoever convinced me to buy .
currently most shares going up however the largest % gainers are the best if we catch them b4 they rise

I'd like too draw some attention to this little gem it very under valid.. it's up 50% from last week looking at the next stop which should be 7.5p still waiting for JORC report out any day soon .........as always do yr own h\ work

A timely reminder micky.I first bought these two weeks ago, after a fair bit of research and bought more this week.The prospects for this company look very promising,I am sure when the JORC comes out the share price will appreciate a fair bit.I would imagine very soon after the JORC comes out there will be a share placing to raise working capital but I think that would give a further boost to the share price because there would then be adequate funding going forward. For years it would seem this company was a total waste of time, but with a change of personnel and new projects, the potential from this level is very promising.