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Good Morning Fellow Traders,
The last two times I profiled LBGO it provided us with gains of upwards of 15% every time. LBGO has often shown both volume in liquidity, early day gains as well as several day bounce opportunities. I don't usually bring back a play that ofthen. LBGO however has never disappointed so far.
So I invite to take part of this play and not loose out on the consistent small gains that it has always thus far provided.
LBGO just announced visible gold sample results for its Arizona-Based domestic portfolio.
"LBGO is pleased to announce positive results following initial sampling and processing for visible gold on the Company's Domestic Portfolio. The Company has a 100% interest in the 794-acre Domestic Portfolio mining operations claim block, situated in the Cerbat Mountain range, roughly 75 miles southeast of Las Vegas and 15 miles northwest of Kingman in northwestern Arizona's Wallapai Mining District.
Initial samples were collected from 5 different locations within the Domestic Portfolio holdings to determine whether, once processed, visible gold was present at 3 different screen sizes: 100 minus, 50 minus and 25 minus. Samples from each of the 5 different locations resulted in the detection of visible metallics while 1 of the locations resulted in the detection of visible metallics and gold, as outlined in the table below."
Read The Full Press Release.
Here is a little more info on LBGO to get your research started.
1- LBGO Is a Gold Play with Properties whose Potential Valuation is in the the nine figures.
LBGO's domestic portfoliorepresents estimated resources of ~8.09 million gold equivalent ounces. When including the discovery of indium, gallium and rare earth metals, total resources for blocked out, assayedand geologically inferred ore potentially amounts to $16.7B
2- LBGO's McCord Creek Property gold project in Alaska immediately adjoins International Tower Hill Mines’ Livengood Property, which represents a resource estimate of 20.6 Moz gold making it one of the largest gold deposits discovered in 20 years.
Click here to read more about LBGO properties.
3- Gold Ounce could be worth three times more in the coming years.Click here to Check Out the Fox Business News Interview
4- As of 2010, a significant supply of demand was removed from the market and became an investment from central banks who have now become net buyers of gold. This is creating a structural shift in the markets that became effective in 2011. Institutional buying has increased 23% from $43B to $52B in 2009 before the institutional shift occured.
5- LBGO received a report strongly recommending additional exploration be conducted on the company's Alaska Properties.Read it here.The report indicates that the region is geographically known as the Tintina Gold belt and has known an accelerated gold exploration, development and mining activity.
LBGO is well positioned to benefit from the global market's demand for gold supply as a backup currency for Central Banks as well as from Investment vehicles looking to mitigate the markets turmoil by adding more stable positions to their portfolios.
LBGO was my pick several weeks back. Back then it was trading above $1 and still managed to bring us about 14% and tremendous volume as well as intra-day opportunities.
Today LBGO is even more interesting as it is trading below $0.80. I am going to share with you all the details about LBGO that I had previously shared with you. But let me tell you quickly the key points I am bringing LBGO back and why I find it is an even better trade opportunity this time.
1- LBGO is coming off a bottom bounce and looks like it is quickly picking up momentum. Check the chart for the last month of trading and see for yourslef.LBGO 1 Month Chart.
2- LBGO has received an analyst rating with a target price of $3.00 per share. We are looking at over 300% from current share price.Read The Analyst Report.
3- The company just accomplished a major milestone. LBGO has doubled its stake in itsAlaskan McCord Creek Gold Property & announced commencement ff 2012 exploration program.Read The Press Release.
LBGO looks like it is well on the way to achieving its objectives and executing on its business plan.
Make Sure You Do You Research ASAP and Be Ready For Tomorrow's Trading Session.
As always be quick and trade smart.
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Sincerely
Penny Stocks VIP
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