Cannot get this one, no good specifics to Google...any help much appreciated. Thanks!
Epic Boom Opportunity #1: HOW TO SNAP UP RAW GOLD... AT JUST ONE PENNY PER OUNCE!
What if, just before the biggest gold price surge in recent history, you could get your hands on a large stash of the yellow metal... for less than one penny per ounce?
There's no alchemy involved. No secret technology. And no smoke and mirrors. But a small, upstart new mining company is doing exactly that.
Their technique is simple.
But they're just about the only company across the entire mining industry that's able to do this, right now.
In 2005, they mined about 100,000 ounces this way. For 2006, they quadrupled that haul, using this same technique. Now they're on track to be a million-ounce producer... with at least 12 million ounces of gold still in the ground.
The math is simple...
Four Times Your Money Even if Gold Prices Don't Budge an Inch
Think about it.
Anybody who can get gold out of the ground for a penny...
And sell it for even $500 per ounce or $400 per ounce, stands to make a handsome return. And so do their shareholders.
What I'll show you here is gold hitting as high as $700... a $1000... or even $2000 per ounce... over the next 12 to 24 months.
Owning shares of this company could mean at least a 400% gain in that time period, even if only half of what we're calling for comes through.
So here's how this works.
For most miners, getting gold out of the ground is done pretty much the same, across the industry. But not for this wily little company I've been telling you about. What they've done is invent a way to mine the gold -- and rich veins of raw copper -- at the same time. The copper mining is so lucrative, the profits more than cover the cost of pulling the gold out of the same hole. And that means close to 100% upside potential on the gold, no matter what the current spot price on the market.
Any way you slice it, they're booking massive profit.
At Least Two Years of Locked-in Value, No Matter How High Gold Actually Soars
Right now, this "little" undiscovered new mining company already has five mines up and running. Plus one more under construction. And three more projects after that heading into development.
They also have enormous land holdings with lots of undisclosed mineral potential. Plus, they just swallowed hole another holding with as much as 2 million more ounces of gold in the ground.
Add that to measured and recorded reserves of 12 million ounces... plus another 14 million ounces that are either "inferred" or "proven and probable."
Sound rich?
Don't forget, I haven't even said anything yet about the nearly 2 billion pounds of copper tucked under this company's territory. And copper is the key to this whole secret.
Because, remember, it's the steady flow of cash from the copper -- remember, they've innovated a way to get both the copper and gold out of the ground at the same time -- that's making the gold production, in relative terms, possible for less than one penny per ounce.
Here's the best part..
This little company's savvy management had the foresight to hedge the entire copper reserve, by making deals that locked in their copper sales at record levels for essentially the next two years.
So even if the global economy keels over and copper prices in general fall, this company will keep on raking it in on their copper discoveries... which means they keep on getting the gold out of the ground for next-to-nothing at the same time.
Did I mention?
This company has no debt. They're also sitting on a massive pile of cash. And that pile just keeps getting bigger. This is partly why the stock not only has huge upward potential, but it also pays a dividend.
This is a powder keg waiting to pop. With gold prices creeping higher... and then accelerating... this isn't going to stay off mainstream radars for long. You'll need to make a move on this soon.
But don't feel you have to do anything until you read the full story for yourself. After all, there are pros and cons to every opportunity, no matter how good. And as somebody who's responsible with your money, you'll want the whole picture first.
That's why I've commissioned the best experts on my team of analysts to write up all the details, in a FREE special report I want to send you. It's called Bullion and Beyond: Five Stunning Ways to Get Richer on the Epic Metals Boom Ahead!,
All I need is your permission to put it in the mail... or you can download it yourself, five minutes from now, from a link I'll give you at the end of this letter. But before you jump ahead, maybe you're already asking yourself...
1.No debt 2.Lots of cash 3.12.5 million ozs. in proven reserves 4.Pays a dividend. 5."Because, remember, it's the steady flow of cash from the copper -- remember, they've innovated a way to get both the copper and gold out of the ground at the same time -- that's making the gold production, in relative terms, possible for less than one penny per ounce."
In 2006, LaRonde is expected to produce approximately 250,000 ounces of gold at a total cash cost of $0 per ounce. Byproduct production is expected to be 5 million ounces of silver, 77 thousand tonnes of zinc and 7.5 thousand tonnes of copper.
LaRonde's low-cost production is a result of the economies of scale afforded by its large single shaft mine, its byproduct revenue and its stable, highly skilled and motivated workforce dedicated to cost-efficient mining operations. The mine's strong earnings and cash flows provide a solid foundation for Agnico-Eagle's international expansion.
It's not AEM .....100% for sure its Yamana Gold (AUY) Look at clues in teaser ( In 2005, they mined about 100,000 ounces this way. For 2006, they quadrupled that haul, using this same technique. Now they're on track to be a million-ounce producer... with at least 12 million ounces of gold still in the ground.)
and indeed YAMANA Gold did produce a 100,000 oz of gold in 2005 and 2006 they got 314,000 its not a quadruple but its close.
They have 12 million oz of measured resources with proven and probable reserves of over 14 million oz.
They have 2 billion lbs of copper
website also says their projected to be a million ounce producer by 2008/2009 go to their website so everything adds up to what the teaser says.
looks like a good company with a quartly dividend, no debt and a growing supply of cash,......hmm?... Im going to read some more about this company and I might buy me some in the morning.
I didnt buy it in the morning, I did some more reading and I do like this company alot , but their not profitable yet which is a good thing and why the stock hasnt ran up, Do to the expansion,exploration and aquisitions the company is focusing on. but their chart looks terrible right now, so I'm just waiting for the right time to get in. It was trading over $15 in march and now its down to $12.29 . I will watch it over the summer if it gets to about $10 i might pounce on it..
This is just my 2cents, if anyone else has any takes on this company I would love to hear about it? I know alot of the teaser really hype stocks way over board and they usually never turn out how they project them specially when they say 5 or ten or 100+ bagger lol , if your lucky ? you get a double but more often then not its lower.. but this company does look good I have to say...
P.S did anyone buy PLM and dulmf? I bought last week after I read about it here . , and now dulmf is up a wopping 26.40% 17% of it just today.. PLM is still the same though... just curious
If this company is (AGAT) 'as good as touted' I might but in 25% of my position at $12, which looks to be the first 6 month floor. If it goes down bellow $12 maybe let it trade down to $11 - $11.25. Then @ $10 put in the other 1/2 of my total position. By the fundamentals this stock 'looks' cheap. With the consolidation in the sector any bad economic news sends this one higher. If your a "gold bug" or a (FOAGB) 'friend of a gold bug' long term market reserves of gold to currency valuations are low and says that gold goes higher. The other thought is - some hungry creature comes along and 'gobbles' this one up - which is always good news for the 'fast money' guys in the market. (Which I am Not) I like deep value, I like my worry-free nights sleep that does not require me to check the tape 3X a day at work. Personally I like the cooper play on this - 2 Billion in Copper - plumbing in China - infrastructure (toilets) for India. Sounds good LT. My two coppers. Regards.
Sorry forgot to say book in 25% position at $11.25, if I didn't make that clear. Then again - this is only what I would do, for my positions - what you do and your results will vary, DYH. Regards.
"Yamana, Gammon and Agnico Eagle .. you dont need to pump these guys...they are the real deal ...all with byproduct credits... real cashflow and growing production
PUMPING is for Exploration stocks which I only own 1 exploration stock .(that I dont mention) .everything else I own produces and explores."
I got another letter about gold for a penny from "Penny Sleuth". I didn't read it, it was so long. Has anyone figured out for sure who they are talking about?
I've not read all these conversations..Sorry. However...It really doesn't matter exactly who they're talking about...As much as what.... Freeport-McMoran(FCX); GoldCorp (GG?), and several others...Buy or produce gold, as a by-product of Copper....Gold, exists with other metals, and it's color indicates which...American gold (Pale) binds with silver. Mexican gold...Binds with copper for that rich tangerine color...Ditto, world-wide.... The larger the primary mining product in smelting costs....The cheaper the gold by-product....
Well, dharouff; As to being a teaser, it is a line, I suppose. As to whether or not,a company carries the recovery costs on the books as a "by-product", would depend in largepart the companies maine business...If a silver mine applies full production costs to the silver, and a lesser quantity of gold is also recovered...The full cost could be legitimately charged to silver (or a major portion), and "zero" cost, or nearly so,charged to the gold by-product. Same for such as Freeport McMoran....Major copper producer...18% gold....Gold by-product little or no production cost? Or gold separate, with it's own fully chargable production cost?
Does any one know what gold stock they are talking about. The newsletter mentions .18c dividend, which is AEM, I think thats a diversion, it may be AUY espically because Cramer just said sell AUY, and buy AEM and EGO, do the opposite of anything Jim Cramer says. Any Ideas ? BobbyD