3SOF

Very impressive watching the stock move Higher...with gold dropping.

52wk Range: 1.13 - 4.39
Volume: 6,539,291
Avg Vol (3m): 3,460,510
Market Cap: 948.54M
P/E (ttm): 53.19
EPS (ttm): 0.07
Div & Yield: N/A (N/A)


Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
10.79%above 13-day MA
14.30%above 50-day MA
RS Rating: 28 

Fundamentals
Earnings Expected on May 5

Key Data:
Market Cap (M): $377.73 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/05/2010
Last Analyst Rating: Hold


1 year chart below...

GSS - Watch List
http://www.chartmoney.com/stockquotes.php?ticker=gss
Golden Star Resources Ltd., a gold mining and exploration company, through its subsidiaries, engages in the exploration and production of gold.

The Smart Money's Top 7 Gold Stock Picks
and one of these....

Golden Star Resources, Ltd. (GSS): Market cap of $1,301B. Institutional investors, who own 63.30% of the company, currently own 163,418,255 shares vs. 130,937,721 shares held 3 months ago (+24.81% change). Short float at 4.89%, which implies a short ratio of 3.57 days. The stock has gained 43.18% over the last year.


Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
5.70%above 13-day MA
8.75%above 50-day MA
RS Rating: 90 

GSS  Norman Cay Development Signs Letter of Intent to Acquire...  by Business Wire  Jul 14 2011 8:00AM  

STEVENSVILLE, Mich., Jul 14, 2011 (BUSINESS WIRE) -- Norman Cay Development, Inc. (otcqb:NCDL) is pleased to announce that it has signed a Letter of Intent to acquire all of the outstanding shares of Discovery Gold Ghana Limited, a gold exploration company incorporated and based in the Republic of Ghana (Ghana).

Discovery Gold Ghana Limited holds an exclusive option (pending final legal assignment) with rights to acquire, explore, and develop the Edum Banso gold project in the Western Region of Ghana. The 20.60 km(2) Edum Banso gold project is located in the prolific gold producing Ashanti Gold Belt, in close proximity and geologically similar to Golden Star Resources' (GSS) producing Hwini-Butre Father Brown/ Adoikrom open pit deposits. Extensive physical, geophysical, and geochemical exploration conducted on the Edum Banso concession to date, indicates a major gold anomaly approximately 8 km long and 600 m wide.

Ghana, formerly known as the Gold Coast, is Africa's second largest gold producing country, after only South Africa. Foreign mining investment in Ghana has benefited significantly from the country's stable democratic government system and well established mining laws.

Closing of the acquisition is subject to customary conditions, completion of due diligence, and the execution of a Definitive Acquisition Agreement. Additional information pertaining to this potential acquisition will be released as it becomes available.

Forward-Looking Statements

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements may be identified by the use of words such as "anticipate", "believe", "expect", "may", "will", "would", "should", "plan", "projected", "intend", and similar expressions. Norman Cay Development, Inc. (the "Company") bases these forward-looking statements on current expectations and projections about future events, based on information currently available. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

SOURCE: Norman Cay Development, Inc.


For Norman Cay Development, Inc.:
LiveCall Investor Relations
Gerry Belanger, 855-490-9700 (Toll-free)
[email protected]




 

Gold and silver mining...Above the 50-day

Day's Range: 2.42 - 2.67
52wk Range: 1.78 - 6.01
Volume: 4,964,932
Avg Vol (3m): 3,682,940
Market Cap: 685.31M
P/E (ttm): 91.38
EPS (ttm): 0.03
Div & Yield: N/A (N/A)

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
10.17%above 13-day EMA
7.87%above 50-day EMA
RS Rating: 67 

Golden Star Resources Shares Popped:
What You Need to Know...

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes...just in case they're material to our investing thesis

What: Shares of Golden Star Resources (AMEX: GSS) are one of the few bright spots in the market today climbing 10%.

So what: Not only is gold climbing higher today, Golden Star announced yesterday that its Pampe Deposit was reopening. The deposit was mined from 2007 to 2008 and is expected to generate 75,000 tonnes of ore per month starting in January 2012.

Now what: The mine has 191,000 ounces of proven reserves and could be a boon for Golden Star if gold prices remain high. Shares are likely getting most of their boost from the 2.8% rise in gold today as investors worry about another recession. But gold is just too expensive for this Fool to get excited and jump into a leveraged gold play. I'll sit out this bump for now.