A Gold Penny Stock with an Attractive Dividend

August 17, 2009

Gold Coast Mining Corp. (GDSM) is a new company that finances mining operations, amongst other things. Most recently, it entered into a joint venture agreement with Western Sierra Mining (WSRA) regarding its mineral-rich Oro Cache and SunGold projects near Prescott, Az. Gold Coast has funded initial costs for Western Sierra to explore/mine the properties and will receive 50% of extraction revenues (estimated at close to $7.9 M annually).

In addition, Gold Coast Mining owns a 50% stake in Media Max Group, Inc. (MXMI), the new owner of 10 Hot Web sites such as www.hotautoweb.com. Media Max's web sites generate millions annually from sales. Gold Coast is offering a dividend of 1 share of common stock in MXMI for every 30 owned shares in GDSM, effective August 31. So here's your chance to get free shares of an emerging media company.

Shares of GDSM are presently valued at .0045 (at support), so a $10,000 investment in the company will give you approximately 74K shares of MXMI. Since May, shares of Gold Coast Mining (GDSM) have appreciated over 300%. Nevertheless, there are two important things to consider before trading or investing in GDSM or any pink sheet penny stock: extremely high daily volatility and low volume. GDSM has the potential to move more than 20 to 40% in either direction in intra-day trading. More importantly, volume can be so low that it could be extremely difficult to have your buy and/or sell orders filled, so use your best judgment.





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