Ludlow Research Issues Alert on GDSM Based on Market Cap Valuation
August 29 2013 - 01:07PM
Marketwired
Gold Coast Mining Corp. (OTC Pink: GDSM), an acquirer of working
interests in oil and natural gas projects, announced that Ludlow
Research had issued a "speculative" research opinion on the company
based on pending oil production, and low market capitalization.
Investor Highlights
- New Management/New Strategic Direction
- Developing Energy Division
- Oil Production Expected in September
- 1.1 Billion Common Shares Outstanding
- Low Market Cap of approximately $440,000
Ludlow Research issued their alert based on recent closure of
first working interest in the Tiger Development oil project, and on
the company's low market capitalization valuation. The creation of
a new energy venture division under GDSM, oil production in their
first working interest expected to commence in September 2013, and
new Company management.
As of August 15, 2013, there were 1.1 billion common shares were
issued and outstanding, giving the stock a current market cap of
only $440,000. Although not fully reporting, the Company is
'Current' with OTC Markets, and is in process of being audited to
bring the company back reporting under the Securities Act of
1934.
To review the report, disclosure, and other risk factors to this
alert please visit http://www.ludlowresearch.com/reports.html
ABOUT GOLD COAST MINING
Gold Coast Mining Corp. is a holding company with interests in
the mining and energy sectors. The Company's goal is create a
vertically integrated oil division under its Energy Division and
continue its diversification into other high growth industries. The
primary goal is generate cash flow to sustain and grow
profitability.
Follow us on Twitter at http://twitter.com/GoldCoastMining
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to: the impact of economic, competitive and
other factors affecting the Company and its operations, markets,
product, and distributor performance.
CONTACT: Michael Shea Gold Coast Mining Corp. Phone: (203)
210-5614 Email: Michael.shea@gdsmholdings.com Melissa Diaz South
Street Media, Inc. Phone: (917) 937-8968 Email:
info@southstreetmedia.com
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