
Newsletter
Promoter: | SmartPennyInvest.com | Paying Party: | UNKNOWN |
Stocks covered: | Compensation: | Avg $ Volume for Period: |
TAOND | $2000 | 326 |
Max Profit: 100.00 % | Gain at close: 42.00 % | |
*We think that this promoter is a part of a group of promoters. |

My Super Bounce Mining Pick: TAOND
Tao Minerals LTD (TAOND) has come down in price on very light volume, and can be a Super Bounce Play at this level!
This undervalued stock was visiting near the .50 cent range in just the early part of this month. If TAOND revisits those early December highs we can see gains over over 148%
Tao Minerals announced shortly after the close of the market their 2011 Corporate Review: READ NEWS
This is the kind of news that could be followed by bigger news! Could this be a unique entry level opportunity!
With the market not having time to react yet TAOND could see a potential spike!
Start your research here: http://www.taominerals.com/
Based in Medellin, Columbia, TAOND was one of the 1st exploration companies to enter Columbia to capitalize on its enormous potential
for gold and precious metal mining
Tao Minerals LTD (TAOND) is a gold exploration and minerals development company headquartered in Colombia.
The company is strategically positioned to focus on a historically active, yet under explored gold belt in the Antioquia department of Colombia that represents significant potential to provide a rapid return of initial capital investment.
Utilizing state-of-the-art mining technology and readily available skilled labor. Tao's goal is to create value through the low-cost acquisition and exploration of hard rock gold projects in Columbia that have potential to produce consistent cash flow and attain rapid profitability from current operations.
TAOND has a pipeline of projects that will ensure strong revenue streams over the next several years.
Tao has acquired two mining properties - Golondrina and El Comillo in Colombia - Tao is poised to make important new discoveries in the under explored gold fields of Colombia. In addition, the company has the Whale Mine property in Nevada, USA.
The El Comillo Mine concession is located in eastern Antioquia department, Colombia, north of capital Bogotá and has 296 hectares. El Comillo is the focus of Tao’s exploration efforts. It is a vein-hosted gold deposit located in a river basin that contains La Tinta Gorge in the sub river basin of the La Blanquita gorge, a tributary of the Nechí River in the municipality of Cáceres.
The La Muela vein is located about 600m west of the El Colmillo vein and it has a direction NS/80E to N10 ̊E/80 ̊ with a thickness that varies between 0.1m and 0.5m, widening to 1.2m. It is composed of milky quartz with interfingerings of host rock with Fe oxide and gouge in the fractures.
The Lama vein has been identified for a distance of about 5m, with a direction N20 ̊E. The vein, composed of quartz, has a thicknesses between 0.1 and 0.4m. Historically production ore grades (head grades) have varied between 10 and 50 g/t gold, with zones of enrichment of up to 250 g/t gold.
The two main veins - El Colmilla and La Muela - both have regional continuity and down-dip continuation of mineralization for 300m. Assuming an average grade of 10 g/t and normal disseminated wallrock mineralization, it is estimated that the total gold content is approximately 900,000 oz.
Current gross value of that ore is estimated to be US $990 million at a gold price of US $1,100 per ounce. No value has been placed on additional revenue that may arise from additional commodities contained in the ore. The gross value can be increased significantly by the probable existence of additional sub parallel veins, as well as by increased strike length of all mineralized structures both to the north and south of the known workings.
TAOND has seen a significant pull back and may be on the verge of an explosive spike!. Take a look for yourself at the chart: http://stockcharts.com/h-sc/ui?s=TAOND&p=D&b=5&g=0&id=p82477016598
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