Business
Graystone Company Announces September Production Results
Graystone Company Announces September Production Results.
About this update from The Graystone Company, Inc.
[{"type":"text","content":"\n \n The Graystone \n Company (OTC: GYST) announced today that the Company’s mining operations \n generated approximately 774 grams of gold during the month of September, \n 2014.\n \n \n Also, the company is reviewing offers from two larger mining companies \n for two of its gold claims in South America. The companies are offering \n to take over operations on the two claims in return for production \n royalties. The offers include expanding prospecting on the sites and \n taking over the operational costs. The companies spent the last 30 days \n doing testing on the sites and feel the results were promising enough to \n make an offer for the sites.\n \n \n Copper update: the company has produced and or sourced approximately 100 \n tons of copper/gold ore. The company stopped sourcing bulk ore purchases \n for the last two weeks to allow the falling copper prices to settle. \n Because of their lack of technology and communications, it takes longer \n for remote mining sites to catch up with the reality of rapidly moving \n copper and gold prices. Metal prices seem to have stabilized and gold is \n making a small retrace to the upside. The company resumed the sourcing \n of bulk ore this week. The company anticipates having 200-250 tons of \n ore ready to process by the end of November 2014.\n \n \n The company continues to produce and prospect on its Suriname3 claim. \n Recent Ore test sample results can be found on the OTCmarkets.com web \n site. http://www.otcmarkets.com/stock/GYST/news/Geo-map-of-Suri-3-for-The-Graystone-Company-and-Arara-Mining?id=89432&b=y\n \n \n Pictures and videos of the copper campaigns can be found at www.graystone1.com\n \n \n Or on the companies Flickr page: https://www.flickr.com/photos/68047029@N04/\n \n \n Or YouTube channel: http://www.graystone1.com/our-videos-2\n \n \n Or Facebook: https://www.facebook.com/pages/The-Graystone-Company-Inc/244666725585694\n \n \n About The Graystone Company. The \n Graystone Company, Inc. is a U.S.-based mining and exploration company \n focused on acquiring and developing gold and other mineral properties. \n The Company's strategy is to build value for shareholders by the \n identification, acquisition and exploration of early-stage properties \n that show significant potential for the discovery of gold.\n \n \n Notice Regarding Forward-Lo...