UK 10:43 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
On Friday I revealed that the chair lady at Goldstone Resources (GRL) was being investigated for major fraud in Ghana HERE. I tweeted out a link in case anyone was interested in great, honest journalism and Hasan Saleem, a shareholder in Goldstone responded. Hasan is clearly a moron.
Goldstone Resources (GRL) served up one of AIM’s finest days when I revealed that it had been wound up but not noticed with its shares continuing to trade. CEO Emma Priestley managed to sort that out in the end. But this feminist strong company don’t you love the diversity folks, now seems to have a problem with its chairwoman Ms. Angela List. Natch Ms. Priestley has not bothered to inform investors.
Shares in gold producer in Ghana, Goldstone Resources (GRL) had recently been rising nicely towards 2p with a higher gold price doing no harm. However, now also a “Conditional Subscription of £600,000”.
Writers here have been critical of this company. It managed to get itself struck off but did not notice for months and, for various reasons, the shares have been suspended more than once. However, shares in Goldstone Resources (GRL) have sparked on a recent update on the Homase Mine, but with a market cap is still below £11 million there looks gold production cashflow potential to suggest that is still possibly very good value.
Emma Priestley and Goldstone Resources(GRL) have provided good sport in the past. Discovering months after the event that your company had been struck off was a particular laugh and a half. But sometimes you just cannot argue with maths. As I speak the shares are up 170% at 1.8p but are arguably very cheap still.
Listed in 2004, Goldstone Resources (GRL) run, for $11,000 a month by Ms Emma Priestley, has long been the laughing stock of the sewer. Its shares listed at 25p. Today they are 0.9p. This is the company that was actually dissolved in Jersey for not filing documents but it took Ms. Priestley six months to realise this and resolve it. So for six months folks traded shares in a company that did not actually exist as I recounted HERE.
Oops... this is more than a bit embarrassing for Goldstone Resources (GRL), its boss Ms Emma Priestley, hapless Nomad Strand Hanson and indeed the wider AIM Casino, aka the world’s most successful growth market. Shares in Goldstone were suspended at 1.30 PM as it appears the company does not actually exist and has not done so for half a year.
Anyone would think Goldstone Resources (GRL) Non-Executive Chairman Christopher Hall didn’t want anyone to buy his company’s stock. After his glum statement in today’s interims, it’s no wonder the company’s share price has tanked 20% to settle at 1.99p. Shareholders in Goldstone would do well now to ask the company two questions. First, how does the gloomy Hall manage to get out of bed every morning? Second, what the bloody hell is he doing as the company’s Non-Executive Chairman if all he can promise shareholders is that “little more progress can be expected”?
West Africa-focused AIM dog Goldstone Resources (GRL) is waiting for imminent infill auger probing results from Homase in Ghana before it drills to expand the gold prospect’s near-surface oxide resources from 100,000 oz. to towards a hoped-for 250,000 oz. in line with the strategy adopted by 33.4% shareholder and fellow AIM counter Stratex International (STI). Goldstone, whose shares at 2.62p (following a one-for-10 consolidation last autumn) have plunged 99% since their 2004 float, is hoping to add significantly to Homase’s present resource of 602,000 oz. at a low grade of 1.77 grammes of gold per tonne of ore, as it seeks joint venture partners to participate in -- and fund -- its other projects in Senegal and Gabon.
