Gold Coast Mining Corp (PINK:GDSM) has been steadily rising since the end of last year.
GDSM doesn’t seem willing to let the momentum come to a halt. The MACD indicators is still bullish, holding the bullish trend way above the zero line. Histograms on the other hand also keep rising.
The stock’s trajectory holds firmly above the major moving averages as well.
On the last trading session, GDSM achieved another significant value increase. The company closed the session with a share price of $0.005. Compared with the previous close, this 
represents a 42.86% increase in the share value.
Trading volume was also way above the daily average, exceeding 55 million shares. Apparently, the company still holds the bullish spark which it received after announcing it was negotiating a joint venture with another gold company.
Several days ago, GDSM issued an update to announce that the two companies had agreed to the terms of the joint venture and were awaiting the final draft and legal approval.
