These days a siege artillery of stock promoters will make attempt not only to rush the stock of Gold Standard Mining Corp (OTC:GSTP), exhorting all types of investors.Those with short positions will have a possibility to test again the smell of the risk and will be in a hurry to grab the opportunity to bank gains in a few days.
As opposed to them, holders of long positions in GSTP will maybe consider weather it is worth before the stock promotion to enrich the investment portfolio with the tiny shares of Standard Mining Corp.
Before the bursting stock rush, the newcomers are eager to jump in the battle for the cheap gold GSTP. They may consider again the weakness and strengths of an investment in a company which maintains a not bad price level for its shares thanks to stock promotional campaigns.
With no doubt, these days, after examining the recent company’s official disclosures, all mentioned interested in GSTP investors will try to bring their confidence in Standard Mining Corp. back, despite the inspiring promotional e-mails with information about the “starting production GSTP”. Some facts related to the company may have already influenced the price of the shares.
Last month, parallel to all the investor awareness campaigns for GSTP, without even mentioning the strong cash compensation paid for the stock to be promoted, Gold Standard Mining Corp. looks abandoned by an important for the company collaborator.
On February 25, 2011, the company’s independent accountant announced that they would not stand for re-election. Despite the fact that the official disclosures state that there is no principal disagreements between the parties, for some investors it was already a signal that something happened or will happen.
Gold Standard Mining Corp. announced that it is unable to file its financial reports in a timely manner “without unreasonable effort or expense”. As seen, the reason was not in the leaving of the company’s independent accountant. At present, the last available SEC financial statements of GSTP are those for the fiscal year ended December 31, 2009.
As the chart here proves, only while promoted the company’s shares were rushed. Out of promotions, the shares of GSTP performed like in unison with the company’s delays.[BANNER]
Two weeks ago, the investment community got acquainted with more information about the company. The company’s attorney Kenneth Eade resigned as general counsel of Gold Standard Mining Corp. For sure, Mr. Kenneth Eade does not abandon the company, but the laconic sentence written by GSTP for this circumstance leaves the impression that if not thanks were expressed, the silence may have a lot of meanings.
Today, with no silence and a lot of emotions, as expected thanks to a stock promotion, GSTP opened the trading session with a 10.63% price soar.
It is interesting to see how this time the company’s shares will perform on the increased by the marketing campaign demand and whether it will result in an increased confidence in the gold GSTP stock.
