Exchange: OTC·Updated 09:46 AM EDT

GGSM Gold and GemStone Mining Inc

$0.0001
$0.00
(0.00%)
Today
Mkt Cap$256,872.00
Vol3M

About GGSM

Gold & Gemstone Mining, Inc. is an exploration stage company, which engages in the acquisition, exploration, and development of gold and minerals properties. The company was founded on March 5, 2008 and is headquartered in Padang City, Indonesia.
55

Bullish Sentiment

How do you feel about GGSM?

SilentBull69
$GGSM Here’s how absurd the current valuation has become….. 4.518 BILLION O/S × $.0001 = ~$452K market cap Yet GGSM reported $493,335 NET PROFIT in Q2 ALONE…..MORE than the market currently values the ENTIRE company. And that’s before assigning ANY value to the actual assets/businesses…..hotels, yachts/marine operations, luxury villas & other developments. At this valuation, the market is assigning $0 VALUE to ALL of those assets. The 2 Bali developments currently under construction alone have estimated development costs of ~$9 MILLION. Think about that…..GGSM is valued below ONE QUARTER’S reported profit, with everything else apparently thrown in for FREE. 🤣 That valuation disconnect is absolutely insane…..✌️
6
RonRon1234
$GGSM ohh this is toast. For the lols I'd like to buy under 0.0001 but my broker won't allow it. Eshh. $SPYR Is the next play. Let the spiders into your life and you will be rewarded!
6
SilentBull69
$GGSM This was this was my response earlier to another poster here… GGSM’s June 30 report shows $13.47M in assets, including $3.75M cash and $1.61M in term deposits, with ZERO liabilities. It also reports $2.67M in sales and $493K in net profit. ….At this share price, that’s puzzling to me. Perhaps the company hasn’t reached many investors’ radar, and its name still makes people think of a mining operation …..rather than its charter, tourism, timber and cargo businesses. I’m watching the Series A conversions and share count: ….the conversions are subject to a 4.99% limit tied to outstanding common shares, though that isn’t a lifetime cap on dilution. But even with that concern, the reported results and debt-free balance sheet deserve credit. (Figures are unaudited). So just looking at it from all those details it looks like a very healthy, functioning company ….and I do not understand why it’s trading at this ridiculous low level✌️
4
Sky10
$GGSM Although I invested millions in shares, I did not invest a lot of money in this stock so perhaps that is why I’m not too concerned. This is the first time I have ever owned a stock that plunged this close to zero, but I think there is a chance that this will rebound strong - at sometime As of now it’s green on Fidelity. That’s a start! Will be interesting
4
TheBigUglyBear
$GGSM I warned Silentbull69 that the dilution was happening and POSTED PROOF. We made a bet about which ticker would be higher in October. GGSM or SPYR GGSM is no bid SPYR is .0008 I win Tag Silentbull so he sees. He blocked me 😂
3
TRADER99_
$GGSM wtf is Hawkins doing at this level? Wouldn't it be smarter to pump this over .006/8 and dilute every once in awhile then hammer this down at this useless level? Seen this too many times in the OTC past but Hawkins showing a different side unless it's Rudi.
3
The_Claw
$GGSM With apologies for the crosspost, I’d like to recommend taking a look at NXGB. It comes with some caution (same CEO as Tips, added a whole lot of shares just a week ago, company is meh), but today it did 125x avg volume on news of an acquisition by BCDS. That may attract some continuing attention. More positive news about the acquisition may fuel a continued rise in the share price. Proceed with caution, worth a look. I took it as a lotto months ago buying 300k with profits trimmed off of crappy p&d play. I’ve added another 600k since last week. Still only a few hundred dollars worth. Could get interesting. GL!
2
The_Claw
$GGSM Relatively nice volume. I’m still well in the red here, but not concerned. I wouldn’t necessarily call it conviction, but I have a sense of calm about this one. Might have been wiser to get out when it last hit a .0011, but I’m going to stick with this a while.
2
freecs
$GGSM Still waaaay too many preferred shares to get through, and it looks like they are content to dump what they can at .0001. The chance of a reverse split is becoming very real.
1
freecs
Poor , if only he were as honest as he were a bath faith arguer. $GGSM with a hot fresh 1B shares added to the O/S since these sad attempts at misdirection. Only another 4+ billion to go, yet floundering at no bid. Mhm, that spells reverse split.
BobWarner99
$GGSM Nothing but a Pump and Dump Share selling operation in my opinion. Billion of shares dumped and still haven't updated their Securities Exchange Commission filings.
TRADER99_
$GGSM at least with scam CEO's like Xu, they knew how to pump and make smart shareholders hundreds of thousands fast. Ahh the good ol days............

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