GOLDSPRING INC. (GSPG.OB) : June 2008
Posted on Jun 13th 2008 3:16 pm
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BY: TRUTH-IN-MARKETS
GOLDSPRING INC.
HOW MUCH GOLD IS LEFT IN "THEM THERE HILLS"?
Goldspring, Inc. (OTC BB:GSPG.OB) is a North American precious metals mining company with extensive holdings in the "original Comstock Lode". The company is rumored to be on the verge of revealing a major find within this Comstock region as early as next week.
The Comstock Lode, one of the richest deposits of precious ores ever discovered, is located in Virginia City , Nevada. Between 1859 and 1878 it yielded about $400 million in silver and gold, equivalent to approximately $500-$600 billion in 2005. Translation: In today's prices that's nearly $2 Trillion worth of mined gold and silver. But there has been little mining at the Comstock Lode since the late 1800’s when mining techniques were primitive, at best. Using today's computer imaging technologies, Goldspring will unearth the precious metals (hitting new highs monthly) those gold those prospectors, using picks and shovels, left behind.
During the 20 active mining years during the mid 1800’s, nearly $2 Trillion (today’s dollars) worth of precious metals was mined. This mining occurred on only 10% of the Comstock Lode. The other 90% of has not been mined. But it appears Goldspring, Inc. is capitalizing on modern mining techniques, which have advanced well beyond that of the 1800’s, although quite lucrative considering the now archaic methods. Goldspring, Inc. owns, or has rights to, 80% of the Comstock Lode and intends to take advantage of the high price of precious metals today. Goldspring, Inc. is rumored to have already unearthed a major gold and silver reserve, never discovered by the 18th Century prospectors likely to dwarf the company’s current market cap of under $50 million. This combined with the fact that Goldspring, Inc. already controls the largest silver vein in the world flowing out of Nevada, (the Silver State.) makes Goldspring a compelling find. And unlike those "foreign mining" companies we've all been burned by, Goldspring, is a Nevada based Company, as such, it is not bogged down with geo political issues, as is the case with foreign governments (which otherwise dominate the majority of all other mining stocks) which are nationalizing their natural resources.
With the remaining 90% of the mine not yet tapped, Goldspring is continuing to work on the completion of a comprehensive mine program along with their expanded drilling. GoldSpring, Inc. engages in the exploration and development of mineral producing properties in northern Nevada. It holds interests in Plum Mine gold and silver lode claims located in Storey and Lyon counties, Nevada; Como, Gold Canyon, and Spring Valley gold and silver claims located in Canyon county; and Big Mike Lode and Placer copper claims located in Pershing county of Nevada...
GOLDSPRING INC (OTC BB: GSPG.OB) 
| Goldspring, Inc. has taken this relatively untapped mine out of the annals of history and applied modern mining techniques in order to benefit from bringing this mine into the present and see what the future can produce. It is rumored that Goldspring, Inc. will soon be reporting the results of recent major finds, possibly making their own history. |
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