Executive Summary
GoldStone Resources Limited (LON:GRL) is a gold exploration company based in South Africa and incorporated in Jersey. The company's projects in Ghana include Homase, which is at an advanced stage of exploration, and Manso Amenfi, which is at a grassroots stage. In Senegal, the company has recently received a permit to explore the Sangola project, and in Central Africa, it has applied for a permit to explore the Gabon project. GoldStone Resources earned revenue of $42,983 and made a loss of $1,110,650 in the period ending February 2009.
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SWOT Analysis
Strengths gold miner, hig price of gold, potential massive profits.
Weaknesses Relatively small company, limited liquid cash available.
Opportunities Granted licenses by Gabon government, has mild proof of existance of gold resources.
Threats No gold found, company could go bust!!!!