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Honduran Gov. Votes to Ease Barriers Blocking Foreign Gold Developers! |
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That Makes The Multi-Million-Ounce Honduran Gold Prospects Belonging to Mustang Alliances (MSTG) A Strong Takeover Target For Goldcorp, Newmont or Barrick!
The majors all know a Canadian Certified report suggest an incredible...
$1.7 Billion Worth of Gold |
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Mustang announces completed exploration results that confirms the potential of the Potosi mines. They have received similar high grade results as the major mining companies reported back in the 1990's. With these spectacular results, Mustang is preparing to define drill ready targets for proving reserves and immediate production. Read the full press release here! |
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Timing is everything.
When a Jr. exploration company makes a major announcement -- new drill results, a certified survey report, or late-breaking news catapults it into the spotlight -- a formerly-speculative penny gold stock can rapidly increase in value.
That's because . . . |
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The major gold producers are paying big bucks for the little gold companies who do the hard work of finding new gold reserves! |
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That's when you see these Jr. gold stocks rack up spectacular gains of 500%. . . 800%. . .even 1,000% in a matter of weeks and (recently) as much as 1,500% in a year or less! |
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Mustang is sitting on at least $1.7 billion worth of gold, plus potentially hundreds of millions worth of silver |
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All the details are in a copiously-documented, extremely technical proprietary geological report prepared back in 1997 for Battle Mountain Gold (now owned by Newmont) and Mar-West (purchased by Glamis Gold which merged with Goldcorp in 2006).
You can access the Report at Mustang-Gold.com, but here's the key finding, and conclusion. . .
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". . .the properties contain multi-million ounce gold potential!" |
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I've read this report myself and, in a nutshell, what it suggests to me is... |
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On top of the potential $1.7 billion worth of gold, there's probably an additional hundreds of millions worth of silver in its two concessions! The silver to gold ratio in recently taken samples is running 8-9 times more silver than gold! |
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A Major opportunity for you... |
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And the bad news for the majors who paid for this Technical Report was that in the late 90s, Honduran regulations blocked the mega-miners (Newmont, Barrick and Goldcorp) from developing the kind of large-scale, modern operations needed to work a world-class, $-billion-plus gold resource. So the big international players walked away. And this gold-rich area has been mined only by locals using "pick and shovel" methods . |
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But, get this, there's so much accessible gold there that every month, small-scale, pick-and-shovel miners have been taking over 1,000 ounces of gold from the area. Do the math: that's about $1.7 million a month using the most basic methods. Think how much profit these resources will yield to modern mining technology! |
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That's about to happen, because. . . |
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Honduras is opening the opportunity door! |
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I don't think the investment community is aware of it yet, but here's the blockbuster that I believe could send Mustang (MSTG) soaring at any moment:
After years of corruption and repressive government, the country's new leaders have voted to welcome competition from foreign developers.
In early 2011, Honduran President, Pepe Lobo and the National Congress, all elected in November 2009, after the military coup against the government of President Zelaya, passed legislation designed to encourage foreign development. |
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| As a result of the new laws, Barrick Gold has already begun to position itself having partnered with the TD Bank and a Canadian Shield Fund traded on the Toronto Stock Exchange in a Honduran development in the Trujillo area. |
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And that means two of the concessions belonging to Mustang Alliances (MSTG) could become sitting duck takeover targets for Goldcorp, Barrick or Newmont. With. . . |
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A long and proven history of gold mining, . . |
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A modern geological survey that indicates the probability of a multi-million-ounce gold resource, . . |
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A drill sample with a gold value of an astonishing 305.2g/t . . |
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And a silver to gold ration of 8-9 to one. . . |
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All the majors are anxious to move in on this gold-rich and very-undeveloped region of Central America... |
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Industry Takeovers Are On A Record-Setting Pace! |
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As the price of gold has risen, the takeover value of Jr. gold exploration companies has outpaced pure gold by ten-fold and more. |
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According to Paul Murphy, Ernst & Young's mining and metals analyst, in the first half of 2011 the value of completed gold and silver deals more than doubled to $96 billion from the same period in 2010. He estimates the full-year total will surpass the $114 billion of 2010 to reach an all-time high as producers such as BHP Billiton Ltd., Barrick and Goldcorp. search for new sources of gold and silver
Like I said, timing is everything.
And the recent easing in Honduran mining regulations makes it important that you act now while Mustang Alliances (MSTG) is still trading around $1.
Click the link below to find out how stocks in similar situations made gains of over 500% in a day around $1 a share. |
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Disclaimer: http://i40.tinypic.com/zkpehe.png
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