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Our newest MONSTER pick is LRDR and boy, oh boy are we excited about this one.

Laredo Resources Corp. (LRDR) is not only a gold miner but also a miller.

This means they not only turn out gold in the form or ore BUT also from residues from the work of previous mining outfits.

And they happen to be at the PERFECT location to profit from both sides of the business, Pony Mountain Gold.

Last year, the company acquired a package of 4,000 ACRES of prime property at this location and instantly became a POWERHOUSE.

There are two main things we like about LRDR (which we will explain more later):

1)     The price of gold is seeing VERY bullish forecasts recently, which points to HUGE revenues in the future.

2)     LRDR’s recent announcement that production and sampling at Pony Mountain Gold is increasingly GOOD.

This is a pick that is primed for a breakout and the signs of a STRONG technical setup are here, and the numbers don’t lie on LRDR folks:

-        More than 300% has been added to LRDR’s lower valuation since July.

-        LRDR is running off a solid bounce chart with an RSI of 44.

-        Recent trading volume increase of 51% above average levels.

-        A $14.7M market cap and superb upside potential.

-        LRDR’s 12-month high is $0.84, which means there is an ASTONISHING gain potential of over 1,100%

The sum of all this is a HUGE growth potential for LRDR, which is too appealing for us not to alert out readers

To read our full report please continue below..

Symbol: LRDR
Company: Laredo Resources Corp.

Our Newest Multi-Billion Dollar Gold Mining Stock:

Laredo Resources Corp. (OTCMKTS: LRDR)

As we stated above, the first good indictor for LRDR is the slew of bullish projections that have come from the bullion markets in recent weeks by HSBC and BofA Merrill Lynch.

The second good thing is the company recently released GREAT NEWS about its Pony Mountain Gold property. The highlight of this article was the fact that LRDR noted geologist would begin testing to determine the exact grades of gold in their stock piles before any shipment.

Most times one thing happens when a gold mining company finally announces a shipment, and that is HUGE INCREASES in market valuation!

LRDR looks set to deliver its gold from the mine to the marketplace and finally deliver on its GROWTH potential.

There is also another great factor working in tandem with the Federal Reserve set to make public its October FOMC announcement on US Monetary policy this afternoon, traders need to be focused on gold and gold related stocks. The Fed is not going to move to mop up any of its money printing, especially with the US congress set to threaten a default on US debt once again in just a few weeks.

The so-called “Taper” will be on hold indefinitely. That means traders should expect the Fed to keep on printing up a fresh new $85B per month going forward.

Yes, that’s Billion with a big fat “B.”

One of the consequences of this policy tact has been the reinvigoration of the gold trade. With that in mind, we have been scouring our own databases and scans to find the one play that stands to make the biggest percentage return on this theme this week, and we believe we have it.
As noted above, the strategy here is to find a gold producer that can make multiples on the movement in gold in response to what we believe will be a loud and clear message from the Fed to the markets that the idea of tapering their printing activities is now indefinitely off the table.

The price of gold is up significantly from where it was just a couple weeks ago, but it is still down considerably from where the majority of gold miners had their 2013 projections locked in. That means, because of how ore removal strategies and hedging positions have been managed, most gold miners are able to make a buck on an ounce of gold produced unless the spot price of the metal moves higher from here.

However, LRDR is in a different boat.

This company stands to benefit from both ore extraction AND residual processing through milling operations. This strategy grants them lower all-in costs per unit production, which means they have higher profit margins than most competitors who focus only on ore extraction.

But this strategy only works if a company has rights to a plot with both productive mining resources, and a long history of mining operations on site producing a slag dump of residues that may be productively milled.

To that effect, LRDR announced that they had acquired the rights from Magna Management Ltd. to the property known as Pony Mountain Gold back on May 7, 2013. The property is a proven producer of gold for centuries, and is located in the Mineral Hills District in South-western Montana.

Hence, LRDR has the right spot now locked into contractual relationship, and production at higher-than-standard margins is now underway.

Technically, the stock has started to trade at hugely increasing volume without any new clear headlines. The only thing we see out there is a piece of research by a professional firm putting the price target up at $0.35 based on their own independent research (see Goldman Small Cap piece on LRDR).

In any case, we can easily see upside of that nature here, particularly as the idea of Tapering at the Federal Reserve becomes less and less a reality.

About LRDR

LRDR (Laredo Resources Corp.) is an exploratory mineral company engaged primarily in gold mining and processing.

LRDR acquired the rights from Magna Management Ltd. to the property known as Pony Mountain Gold which is located in the Mineral Hills District in southwestern Montana.

LRDR conducts both mining and milling operations on this property, which is 4000 acres, and has been a proven producer for over a century.

LRDR is Neveda-based and was founded in 2010.

Top Investor Highlights

·       LRDR is a high margin gold producer trading with rising volume and interest after an upgrade to the stock and the space, right in front of more printing at the Fed. It’s a perfect storm in support of a breakout in this stock.

·       LRDR is just starting to haul its product from first mining and milling operations at the Pony property. The material is set to be processed in the very near term as far as we can tell. And that suggests that the current quarter in progress will contain the first serious nudge of revenues for the company. That’s a strong trading basis for some aggressive rallying into year end.

·       LRDR’s Pony site is known for its 100,000 tons of slag material. That’s literally a gold mine above the mine, given the history of this site, and may represent millions of dollars of very easy access precious metals material.

In summary, we see a huge opportunity here as the ball moves back over to gold producing companies during the transition back away from a tapering/tightening emphasis driving US monetary policy. But the price of spot gold right now will benefit only those capable of capturing higher margins due to productive milling slag resources.

That’s what sets this one apart: the Pony site has one of the most interesting slag layers around due to over a hundred of years of mining.

This stock is starting to get some serious attention and a potential breakout is all but looming.

Grab your cell phone and text the word "PICKS" to "555888”

Make sure your ready to join the ride come the opening bell TODAY.