Wednesday, March 30, 2011

Trade alert: Gold Standard Mining Corp. (GSTP)

Accumulation is Through the Roof!
Brace Yourself!

Because this morning’s alert, Gold Standard Mining Corp. (GSTP), could blow you away. 

It has built up a massive $81 million in bullion and is gearing up to start mining more. 

In the last three months alone, traders seem eager to see what this stock does next, especially when you consider it was printing double-digit swings every day for a while back in December.

Traders have been chasing the shares of GSTP that management hasn't already reserved for their own personal enrichment. Maybe the fact that the company's private Fort Knox of 1.6 TONS of bullion is already worth $81 million has something to do with it.

What’s most appealing here is that GSTP appears to be undiscovered, so if/when the Street jumps on the wagon, watch out! And it’s easy to see why they would since GSTP has massive reserves and profitable production.

GSTP’s mines; Elnichoe and Snezhinka are located in the Russia. 

Elnichoe contains a known reserve of 117,000 ounces of alluvial gold and 75 tons of "hard rock gold deposits". 

Snezhinka has 120 tons of gold reserves, 3 tons of platinum and 195 tons of silver. 

I may be crazy, but these are numbers I can’t ignore.

All for less than less than $.50 per share! 



Technical Bullets:
  • Massive divergence is taking place between price action and accumulation
  • Accumulation is through the roof
  • For three month’s the price action is trending sideways
  • The recent dip has been trending up making higher lows
  • RSI is at 36.99
  • Full STO is at 68.31
  • Volume is on the rise
You don’t have to be crazy to recognize something is up with GSTP’s accumulation and divergence. 

Drop GSTP in your platform this morning and take a look for yourself. 



http://www.goldstandardmining.com/

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