Monday, October 1, 2012

Gold Coast Mining Corp. (GDSM)


Good morning traders,

Hope you all had a great weekend and ready to play.

We have seen GDSM came out with a newsletter last Thursday,

Which put many of us on our tip toes.

It did go up to 13.5%, but it is a penny stock to buy at this point

in time.


Gold Coast Mining Corp. (OTC: GDSM) ("Gold Coast" or the "Company") announced today that the Company has executed the Letter of Interest ("LOI") to pursue a merger with International Gold Mining Reserve Corp. ("IGMR"). As previously announced, the Company received an unsolicited LOI from IGMR for a potential merger between the two companies combining properties, resources and management. (barchart.com)

Is it a penny stock to buy?

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This merger will be in the company best interest as the Manager stated.

With that being said, there is a good opportunity for us to make money 

if everything works out as planned.

This is my two cents about this penny stock. Don't rely on my opinion only 

to make your decision. Make sure you always do your homework prior to 

trading with any stock, especially penny stocks.

Good luck trading!

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