Traders,
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About Gravestone Company (GYST)
The Graystone Company, Inc., a mining and exploration company, engages in acquiring and developing gold and other mineral properties. The company is involved in acquiring and mining gold, silver, precious metal and gems, and other mineral properties with proven and/or probable reserves in Peru. It owns 2,300 hectares of properties. It has interests in the Gorilla project, which covers 400 hectares, and the Graystone II project that covers 800 hectares located in Loreto, Peru; and the Graystone III project consists of 700 hectares, and the Graystone IV project, which covers 400 hectares located in Amazonas, Peru. The company also holds interests in the Suriname project that cover an area of approximately 2,400 hectares.
1. The chart is setting up perfectly for a nice swing play.
2. The float is small with no signs of dilution which could lead to multiple fast moving opportunities throughout the day.
3. Their revenue has been increasing by large percentages over the last couple years.
4. It looks like we could see another nice revenue growth year in 2015.
5. Mining can be a very profitable business, but a lot of small mining stocks have zero revenue. This small mining stock actually has growing revenue which tells us they are on the right track.