Calvin Hobbes
4 days ago
$GGSM best trip around imho. (getting found)
Before these last few filings the old information was just repasted into the filings. We are now seeing real progress here. NONE OF WHAT I AM SHOWING YOU HAS BEEN MENTIONED IN ANY PRESS RELEASES AT ALL!!!
At the bottom of this POST I explain why I believe we will have added approx $34M dollars in future revenues min. Not sure on exact numbers or if per year or how it works. Just sharing what I find so far.
UNTIL THEN THOUGH HERE ARE THE FACTS OF WHAT THE COMPANY HAS DONE SO FAR>
Revenues are now in total 2024 were $11.4M (NO DEBTS AT ALL) Let that sink in
$2,828,412.37 Q4 plus
https://www.otcmarkets.com/otcapi/company/financial-report/454361/content
$8 600 000 previous 3 Q's combined
https://www.otcmarkets.com/stock/GGSM/news/Gold-and-Gemstone-Mining-Achieves-Record-86-Million-Revenue?id=462869
Cash & Bank $2,888,230.95 ( how many companies have 2.8M in cash in the OTC????
Term Deposit $1,675,313.63 (even a tern deposit = basically more cash)
Assets $10,081,275.11
TOTAL NET PROFITS 2024 OF $2,303,192.5
BOOK VALUE APROX .0048 NO MULTIPLES
This was added into the Quarterly Report - For the Period Ending: June 30, 2024
Fleet expansion with 20 Ton Cargo Trucks to meet Increasing demand in its Timber and Charcoal Business: as a leading
provider of timber and charcoal products in Indonesia, the acquisition of three additional 20 Ton cargo trucks expands the
Company's fleet to meet the growing demands of its timber and charcoal business. As the market for the Company's
products continues to increase, The Company is committed to delivering high-quality timber and charcoal to our valued
customers worldwide in a timely manner. Adding these three new trucks will significantly enhance our capabilities and
ensure efficient and reliable deliveries.
New from this FILING (NO DILUTION TO SHAREHOLDERS AS GIVEN IN PREFEERED)
PT Surf All Day established a new business as a Timber Factory, this factory will import and export timber. The Company
has secured 7,000 Hektar’s of timber. This is equal to over 17,000 acres of timber. Its division of Cargo Business will gain
activity in the transportation of the import and export of timber throughout the commercial construction industry of Indonesia.
The Cargo Boat Murni, headquartered in Padang Harbor, Sumatra, revenues are expected to increase by 8.05% in 2025.
The Cargo Boat Murni's capacity to haul 200 tons of building materials for Resorts and Government Contracts will continue
to increase revenue as Indonesia's construction and land development sector between Sumatra, Nias, and Telos islands
expand rapidly.
THE NEW DEAL TIMBER FACTORY
How they paid for it ( Preferred shares)
Why they did it
As well they have a construction and cargo ship business.
They are not affected by Tariffs either.
What this means for revenues : I cannot find exact numbers however we do know that...
Forestry targets 400,000 job creation
The Minister of Forestry, Raja Juli Antoni, said the
government is targeting an investment of IDR19.9 trillion
in the forestry sector which is expected to create 400,000
jobs. This was reported during a meeting with
Commission IV of the Indonesian House of
Representatives. The Minister stated that the theme for the
Ministry of Forestry's development in 2025 is to enhance
forest production and promote downstream activities to
ensure equitable economic development across regions.
The forestry development theme for 2025 aims to achieve
several objectives. The first is to enhance economic
growth by increasing the contribution to GDP and increase
exports by 3-5%t; second, equitable regional development
through increasing the capacity of forest farming groups
by 7-8% and third;, reducing deforestation by 3-4%.
I asked co pilot about it. (AI)
teak 17000 acres price in indonesia
The price of teak in Indonesia has been steadily increasing. As of recent reports, Indonesian teak prices have climbed from $3,000 per cubic meter at the beginning of the year to $3,500 per cubic meter. However, the total price for 17,000 acres would depend on various factors, including the density of teak trees, land value, and market conditions.
then I asked price these per 17000 acres for each one
The price of wood varies significantly based on factors like location, quality, and market demand. Here’s an estimate for 17,000 acres of each type of wood in Indonesia:
Teak – Prices have been rising, currently around $3,500 per cubic meter.
Meranti – Land prices vary, but Meranti is commonly used in construction.
Mahogany – Mahogany is widely used for furniture and has a strong market.
Ulin (Ironwood) – Known for its durability, but pricing data is limited.
Acacia – Used in pulp industries, with plantations expanding.
calculate as per averages on each for last year prices
Here’s an estimate of the total cost for 17,000 acres of each type of wood in Indonesia, based on last year's average prices:
Average Price per Cubic Meter Estimated Cost for 17,000 Acres
Wood Type
Teak $3,500 Depends on tree density
Meranti $708 Varies by plantation
Mahogany Data unavailable Requires further research
Ulin (Ironwood) $16,500 High-value timber
Acacia $3,500 Common in pulp industries
Rubberwood $233 Affordable option
SO I will use $2000 in stead of $3500 of that to be safe and we are at $34 000 000 if in fact its teak or another expensive wood like Acacia $3500 or the massive one of Ulin (Iron wood) $16 500 . In fact it could be much higher. I always like to use smaller numbers though.
I use teak and acacia as it common in pulp industries as well as construction..
I also know they are building high end homes there through Loretta the CEO's other company that brings revenues into GGSM. .
Calvin Hobbes
1 week ago
$GGSM best trip around imho. (getting found)
Before these last few filings the old information was just repasted into the filings. We are now seeing real progress here. NONE OF WHAT I AM SHOWING YOU ABOUT WHAT IFOUND IN FILINGS ABOUT NEW TIMBER FACTORY AND NEW TRUCKS ADDED HAS BEEN MENTIONED IN ANY PRESS RELEASES AT ALL!!!
At the bottom of this POST I explain why I believe we will have added approx $34M dollars in future revenues min. Not sure on exact numbers or if per year or how it works. Just sharing what I find so far.
UNTIL THEN THOUGH HERE ARE THE FACTS OF WHAT THE COMPANY HAS DONE SO FAR>
Revenues are now in total 2024 were $11.4M (NO DEBTS AT ALL) Let that sink in
$2,828,412.37 Q4 plus
https://www.otcmarkets.com/otcapi/company/financial-report/454361/content
$8 600 000 previous 3 Q's combined
https://www.otcmarkets.com/stock/GGSM/news/Gold-and-Gemstone-Mining-Achieves-Record-86-Million-Revenue?id=462869
Cash & Bank $2,888,230.95 ( how many companies have 2.8M in cash in the OTC????
Term Deposit $1,675,313.63 (even a tern deposit = basically more cash)
Assets $10,081,275.11
TOTAL NET PROFITS 2024 OF $2,303,192.5
BOOK VALUE APROX .0048 NO MULTIPLES
This was added into the Quarterly Report - For the Period Ending: June 30, 2024
Fleet expansion with 20 Ton Cargo Trucks to meet Increasing demand in its Timber and Charcoal Business: as a leading
provider of timber and charcoal products in Indonesia, the acquisition of three additional 20 Ton cargo trucks expands the
Company's fleet to meet the growing demands of its timber and charcoal business. As the market for the Company's
products continues to increase, The Company is committed to delivering high-quality timber and charcoal to our valued
customers worldwide in a timely manner. Adding these three new trucks will significantly enhance our capabilities and
ensure efficient and reliable deliveries.
New from this FILING (NO DILUTION TO SHAREHOLDERS AS GIVEN IN PREFEERED)
PT Surf All Day established a new business as a Timber Factory, this factory will import and export timber. The Company
has secured 7,000 Hektar’s of timber. This is equal to over 17,000 acres of timber. Its division of Cargo Business will gain
activity in the transportation of the import and export of timber throughout the commercial construction industry of Indonesia.
The Cargo Boat Murni, headquartered in Padang Harbor, Sumatra, revenues are expected to increase by 8.05% in 2025.
The Cargo Boat Murni's capacity to haul 200 tons of building materials for Resorts and Government Contracts will continue
to increase revenue as Indonesia's construction and land development sector between Sumatra, Nias, and Telos islands
expand rapidly.
THE NEW DEAL TIMBER FACTORY
How they paid for it ( Preferred shares)
Why they did it
As well they have a construction and cargo ship business.
They are not affected by Tariffs either.
What this means for revenues : I cannot find exact numbers however we do know that
Export Benchmark Price (HPE) of Wood for February
2025
Forestry targets 400,000 job creation
The Minister of Forestry, Raja Juli Antoni, said the
government is targeting an investment of IDR19.9 trillion
in the forestry sector which is expected to create 400,000
jobs. This was reported during a meeting with
Commission IV of the Indonesian House of
Representatives. The Minister stated that the theme for the
Ministry of Forestry's development in 2025 is to enhance
forest production and promote downstream activities to
ensure equitable economic development across regions.
The forestry development theme for 2025 aims to achieve
several objectives. The first is to enhance economic
growth by increasing the contribution to GDP and increase
exports by 3-5%t; second, equitable regional development
through increasing the capacity of forest farming groups
by 7-8% and third;, reducing deforestation by 3-4%.
I asked co pilot about it. (AI)
teak 17000 acres price in indonesia
The price of teak in Indonesia has been steadily increasing. As of recent reports, Indonesian teak prices have climbed from $3,000 per cubic meter at the beginning of the year to $3,500 per cubic meter. However, the total price for 17,000 acres would depend on various factors, including the density of teak trees, land value, and market conditions.
then I asked price these per 17000 acres for each one
The price of wood varies significantly based on factors like location, quality, and market demand. Here’s an estimate for 17,000 acres of each type of wood in Indonesia:
Teak – Prices have been rising, currently around $3,500 per cubic meter.
Meranti – Land prices vary, but Meranti is commonly used in construction.
Mahogany – Mahogany is widely used for furniture and has a strong market.
Ulin (Ironwood) – Known for its durability, but pricing data is limited.
Acacia – Used in pulp industries, with plantations expanding.
calculate as per averages on each for last year prices
Here’s an estimate of the total cost for 17,000 acres of each type of wood in Indonesia, based on last year's average prices:
Average Price per Cubic Meter Estimated Cost for 17,000 Acres
Wood Type
Teak $3,500 Depends on tree density
Meranti $708 Varies by plantation
Mahogany Data unavailable Requires further research
Ulin (Ironwood) $16,500 High-value timber
Acacia $3,500 Common in pulp industries
Rubberwood $233 Affordable option
SO I will use $2000 in stead of $3500 of that to be safe and we are at $34 000 000 if in fact its teak or another expensive wood like Acacia $3500 or the massive one of Ulin (Iron wood) $16 500 . In fact it could be much higher. I always like to use smaller numbers though.
I use teak and acacia as it common in pulp industries..
I also know they are building high end homes there through Loretta the CEO's other company that brings revenues into GGSM. .
Milesblue42
1 week ago
No, hold Rudi Accountable. Not Posters
The board is here to complain; but, it doesn't help or matter....you need to be in it, to win it...and I'm glad I am in a big way here.
I'll continue the confidence, and add when I can. GLTY
What about those we hear about who have millions of shares, okay where's the trading volume and Catalysts to sell them? How many years has Rudi gone without Audited Financials to show the Market?
Rudi has no problem constantly updating his Instagram page showing off his lifestyle. But somehow only 1 Press Release was sent out in 2025, without Ceo Rudi's name in it. It's close to May 2025 and still no Press Release.
If you think talking actual facts about this company are complaints. Blame Ceo Rudi
HigherStandard
1 week ago
I agree with you, that it would have been good if the financials were audited;
but, that doesn't mean the financials are bs; the Co. reports in US $'s, is pink current, and has the Oklahoma attorney putting out attorney letter.
It can be and one of a few reasons, that the market value is a tenth of it's book value.
IMO, there's a lot of positive to be drawn out here at this share price level; especially for a newbie or one looking to average down (like I continue to do).
I always look at all major factors and measure the risk/reward; which IMO is very favorable here.
As we all know in the penny market; one catalyst can turn things around. Yes, we never know when that can be; and most rather be in the pump and dumps, which are more active and liquid; but I like both active and what I deem good cheap risk/reward value for when the good times come.
The board is here to complain; but, it doesn't help or matter....you need to be in it, to win it...and I'm glad I am in a big way here.
I'll continue the confidence, and add when I can. GLTY
Milesblue42
2 weeks ago
Exactly, same Ole UNAUDITED Financials...
GM All! Annual was posted last night....same ole as far as the consistent numbers.
All good...read it for yourselves. IMO, probably won't have much of an impact for the marketplace;
Yes, all indonesian revenues and not audited. The mention though is still there that the "Articles Of Incorporation" were amended, and now a Oklahoma Corp. IMO, I still strongly believe, we will have some happenings here in the US, at any time. The new President...The Oklahoma attorney's....and the strong cash position, no debt and over $10 million in equity, gives me that confidence. I'm glad I have a very large position here; and ok with however long it will take. I know 99% of penny players like the liquid ones that have the buzz...but nothing wrong with a couple of slow long termers. Regardless, IMO, this is such an amazing price entry/add, if patience can be had. Expecting Q1 and attorney letter sometime in May. GLTA
After all of these years why does Ceo Rudi not have Audited Financials?
HigherStandard
2 weeks ago
GM All! Annual was posted last night....same ole as far as the consistent numbers.
All good...read it for yourselves. IMO, probably won't have much of an impact for the marketplace;
Yes, all indonesian revenues and not audited. The mention though is still there that the "Articles Of Incorporation" were amended, and now a Oklahoma Corp. IMO, I still strongly believe, we will have some happenings here in the US, at any time. The new President...The Oklahoma attorney's....and the strong cash position, no debt and over $10 million in equity, gives me that confidence. I'm glad I have a very large position here; and ok with however long it will take. I know 99% of penny players like the liquid ones that have the buzz...but nothing wrong with a couple of slow long termers. Regardless, IMO, this is such an amazing price entry/add, if patience can be had. Expecting Q1 and attorney letter sometime in May. GLTA
Milesblue42
1 month ago
Is Rudi afraid of the Securities Exchange??
Last year annual was posted on March 27th and attorney letter on April 24.
I'm confident numbers will still show real good. Yes, I concede and agree that if the Co. would be more transparent
and would have filed audited financials, the share price would be more reflective. Regardless, as most are probably experiencing;
sub penny stocks have been out of favor, with the exception of a very small few; with quite a few going to trip 1 and 2. Of course this hasn't helped here as well. I'm still hopeful, confident and loaded; and think it will all come together. Hopefully the annual will be out bt next week, and maybe get a more current status. GLTA
If Ceo Rudi is truly running a legitimate Business, why won't he give his information to the Securities Exchange?
Wouldn't that do wonders for attracting more trading volume? Help with uplisting?
HigherStandard
1 month ago
Last year annual was posted on March 27th and attorney letter on April 24.
I'm confident numbers will still show real good. Yes, I concede and agree that if the Co. would be more transparent
and would have filed audited financials, the share price would be more reflective. Regardless, as most are probably experiencing;
sub penny stocks have been out of favor, with the exception of a very small few; with quite a few going to trip 1 and 2. Of course this hasn't helped here as well. I'm still hopeful, confident and loaded; and think it will all come together. Hopefully the annual will be out bt next week, and maybe get a more current status. GLTA