Guyana Goldstrike Inc V.GYA

What now?

[piperman60]

What are we waiting for?  What is the next step?

[Scanner454]

phone the company.....this situation has been like this for close to two years....one could say outrageous i think

[DaGeneral]

Scanner -  Go ahead and call them...I'll bet nobody answers.  Those of you who remain long have my sympathy.  From what I read, GYA is not getting money from anyone.  If you remember, they had to pledge 30,000 ounces of gold to get the funding.  (Read the press release from January of 2020).  Given Romanex has kicked them to the curb for non-payment (March

[Scanner454]

half called and talked to a real person.....seems always some reason why it has not happend now but will happen in near future...that future being by the end of sept....probaly will not happen but will wait and see like everyone else...

[metals2019]

Does that mean by the end of September they will have done a deal with Romanex to get the asset back and be funded? These ongoing extensions and failed commitments are no longer credible in my opinion. It just keeps draggin on and on with no end in sight.

[Juniorobserver]

I called one of the vendors of Romanex and they have not contact with GYA since the termination and certainly no money.    As far as they know GYA is insolvent.  

[Juniorobserver]

I feel your pain Metal2019.......but be realistic.....nobody does a "deal and gets funded" in a two week span unless the deal is close to being done.     According to their own press releases they no longer have an interest in Marudi.      I will be honest in my suspicions ....I think that there may a pesonal deal going on between management and metalstream

[shneps]

You just need to ask Twentyfourcarat as he has been trying to push this for over two years, too no avail. Seems as though they are trying to push into the nickel market by their socail media the past few weeks.

[JinFein]

One of the directors of Metalstream gave a fake residential address for his new venture in NZ. Another has left the chat group of the company's online presence Another has been removed from an associated company's online presence And the puppet CEO hasn't been seen anywhere since he did a round of interviews in Q1. Maybe they couldn't afford his actor's guild

[Scanner454]

somebody is getting rid of a lot of shares

[Juniorobserver]

Gee I wonder who that would be?     The usual bunk.     Lets look at the Metalstream offering as per their website; DESCRIPTION T-REX standard compliant token with the symbol MSGLD on the Ethereum network, representing a perpetual option on gold owned by MetalStream via various metal stream agreements. International Securities Identification Number (ISIN

[eliweir]

As stated on the MetalStream website, the MSGLD tokens issued for our recently closed private placement, and the upcoming public offer, are not backed by gold delivered under the forward purchase agreements, but from our trading activities: https://www.metalstream.io/en/gold/overview/

[Juniorobserver]

So if that is the case Mr. Weir.....when are you intending to give money to GYA what are your instructions as to how they spend it?    Awaiting your prompt response and while you may fume about negative comments, you have to understand that a lot of people have money into GYA and you don't have a nickel in it......"no skin in the game" as we all hear at mining conferences.

[Juniorobserver]

Trading activities prior to the Private Placement 2,800 2,800,000 155,400,000 May 2020 Trading activities prior to the Public Offer 5,200 5,200,000 288,600,000 October 2020 Forward purchase contracts already signed 2,799 2,799,313 155,361,872 As gold delivered

[Juniorobserver]

The whole concept of Metalstreams adventrue is to find 3-4 desperate CEO's that would sign away future production.   If they found a particularly braindead one all the better.        You have to ask yourself.....if they are running a tout on the markets to raise Capital.....why would they give it to a Company like GYA that might not be able to pay it back...... I

[eliweir]

Please refrain from posting, unless you know what you are talking about. When posting, avoid making statements that are untrue or deliberately inflamatory, otherwise you could find yourself on the wrong end of legal action: I have never used a fake address on any document. I did not use a fake address for the companies recently incorporated in NZ. These are not "my" ventures in

[JinFein]

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[Juniorobserver]

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[HST1966]

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[Juniorobserver]

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[u8fish]

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[Juniorobserver]

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[HST1966]

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[HST1966]

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[Juniorobserver]

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[HST1966]

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[Juniorobserver]

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[HST1966]

How can you have a deal in place with GYA when they do not own the mining license in Guyana?  It makes no sense to sign a forward sale agreement with GYA when they do not have the ability to deliver the ounces. Why are the only deals you've announced all David Vincent-related?  

[Juniorobserver]

My guess is that Metalstream needs the deal in place with GYA to sell there tokens.   My next guess is that they don't actually care about mining gold.      Neither does Berdusco and it would be interesting as to how the private conversations between Berdusco and Metalstream went.    I suspect we are looking a momumental fraud and as a GYA shareholder I am

[eliweir]

The only deals we have announced are the deals we have made with public companies, which require these announcements. Of the three, only Canamex is related to David Vincent. We also have deals with private companies. These do not require market disclosure.

[Juniorobserver]

Well until a shareholder of any of the 3 public Companies sees one sous out of MS .....they have a right to be skeptical because it looks like a hi-tech version of the age old pyramid scheme.....prove us wrong and lay out the cash if you actually have 155,400,000 in gold stashed away.   Don't forget even a homeless bum could borrow 35 mil against that.   Over to

[HST1966]

David Vincent is involved with all three.  He's been working with Berdusco since 2017 and ALTA since the same time.  Easy thread to draw.  Vincent, through his old subscription based website, SpockM.com, bought into Berdusco's old company and ALTA.  Vincent offered his subscribers access to private placements in both.  So, officially, Vincent is only tied to CSQ

[Juniorobserver]

Most of us are sniffing a rat.     And the rats are not easing our mind.      BTW.....did you notice the verbatim NR from Vincent and Berdusco......when the "funding" was delayed.    That was kind of dumb.  

[Juniorobserver]

Please......there is going to be no moving ahead with Berdusco.    He has no juice in the markets.   The metalstream was an act of desparation that was bound to fail.        How is it that metalstream claims to have the funds but cannot give out one cent owing to banking issues?    They have no skin in the game with any of the 3 deals they are

[JinFein]

Funny that metalstream could not produce their own release for this news.

[Juniorobserver]

Based on the structuring of the deals, I can find no obligation for metalstream to complete.     Therefore it appears to be nothing more than a scam against the shareholders of the 3 pubcos......the only real question remaining is....are the CEO's involved?   Are they being paid for there part in this?      What a mess?  

[u8fish]

The fact Zijin Mining has as a 20% stake in GYA is interesting here. Management seems to be set on completeing this metalstream deal as doesn't dilute shares etc. However, you'd think a PP with Zijin as a lead would get funds in place and drilling started. In this market you'd think Zijin would be on board and then make Romanex happy with some $ for their trouble. 

[u8fish]

Not a lot of shares being sold or bought here. Dead until we hear either way I guess. News of a PP would be music to my ears. Screw this metalstream BS...

[HST1966]

I think the whole idea of non-dilutive financing with CSQ, GYA and this whole metalstream thing is maybe a Red Herring.  Dilution isn't cancer for God's sake.  Their aversion to this may be a shared or coordinated strategy.  Ignore all pubco obligations and essentially turn pubco into privco.  Why?  I don't really know.  Or all of this rather than being a

[Juniorobserver]

The answer my friend is blowin' in the wind......or more accurately you nailed it...."mass incompetance".   The MetalStream appears to be nothing more than a tech based pyramid scheme that cannot work long term.......how can they guarantee gold at reduction to market 90 days after purchase of token when none of the mines they tout can produce in even 90 months? Berdusco

[Juniorobserver]

A roll back is dilution on a time delay.        Anybody holding out hope for the future of this dog is really a dreamer. 

[HST1966]

The headline kinda says a lot: https://twitter.com/ChrisParry/status/1305602868313862144

[HST1966]

Zijin is likely long gone.  They haven't re-upped in a financing since their first investment.  And right now, without a deal with Romanex, GYA has likely broken or defaulted or adversly effected the relationship.  There is perhaps nothing stopping Zijin from cutting out GYA altogether and maiking a deal with Romanex directly.  Maybe the lack of development is a statement

[Juniorobserver]

Of course it is telling.     This is a dead horse and PB is busy trying to give it artificial respiration, but he is at the wrong end.   They have no deal with Romanex.....they announced that back in February claiming they were going to dispute it?   Any dispute you can see?

[HST1966]

The very fact there is a bid is amazing.  It's an empty shell with 50M out.  Who bids this thing?  Who actually would want to buy the stock?  For what reason when there is a hundred other liquid stocks with actual plans, projects, communication, and more?  It's mind boggling.

[Juniorobserver]

I honestly cannot believe that new blood is coming in and i know for a FACT that none of the existing shareholders is willing to participate in a PP.      Berdusco is desparate and hanging on by a thread.    I suspect that the Metalstream guys are "helping" him out.      The whole sordid tale is a mess for shareholders.  

[HST1966]

They cut a deal to reprice warrants and debt terms to a single creditor, likley the fellow who used to be a 10% holder, that filed an Early Warning a while back when he sold a bunch of shares that brought him under the 10% reporting limit.  Those newly priced warrants were above the market price of the stock  Then they announced the rollback.  Post roll those warrants will be in the

[u8fish]

The SEDAR news release states, "The consolidation will also apply to common shares issuable upon the exercise of the Company’s outstanding stock options and warrants". Usually that means the warrants and options are essentially rolled back as well. That is how it normally works. So I don't think the conspiracy theory you propose works. 

[Juniorobserver]

 The term "racket" may not cover it.      Anything he does now he should be disclosing that he no longer holds an interest in Marudi or Romanex.            How in the H does he sleep at night?

[HST1966]

He's left a trail of discontent, for sure.  Ask around.  Should not be a pubco exe any longer.  

[HST1966]

This is a donkey in a horse race, and even three legged horses are out ahead.  CEO has a past history of screwing things up, read the Equity Guru articles on him.  Zero trust and zero street cred. Vincent from CSQ has been involved with him for years, and the two have driven their respective companies into the ditch.  All GYA is a shell, one trick pony where the pony expired.