This 70-cent mining company exposes Chinese metal monopoly

Dear Reader,

I wouldn’t have believed this story if I hadn’t heard it firsthand. You see, a small Canadian mining firm has unearthed a discovery that threatens to blow the lid off of a silent Chinese plot to monopolize one of the world’s most vital and precious metals.

China plans to lock down the market on this rare metal and put the world’s industry at its mercy.

I had no idea the situation was so dire until a few weeks ago, when I received a phone call from an anonymous source in Toronto with “insider” connections to those involved directly with this mining firm’s operations.

But here’s where things get interesting: While this Canadian mining company sits at just 70 cents a share, I’m 100% confident that the urgency of the situation could push it up to $5 in the next four months. In fact, it’s quite possible it could go higher. I wouldn’t be surprised if it did.

The metal at stake is renowned for being the heaviest and most durable metal on earth. It’s used in everything from light bulbs to bullets and even jewelry for those who want the platinum look without the platinum price.

But beyond its more mundane, everyday uses, this metal is the key to the world’s lifeblood energy industry: oil.

Thanks to its durability, high melting point and resiliency, oil drill bits, the kinds that are used to dig into the ground to discover new reserves, are made almost entirely out of this little-known metal.

In fact since 2002, the price of a pound of this metal has skyrocketed from $2.80 to over $17 per pound. And get this: China holds 85% of the world’s supply.

Now that China has been able to establish a virtual monopoly on this metal, the country is tightening up its policies on supplying it to the rest of the world. CBS MarketWatch might have made the understatement of the year when it declared that China’s stranglehold on this metal is “leaving the U.S. at a handicap.”

As long as it has control of the supply, China rules the market. That is until somebody finds a way to break that control. And that is exactly what this 70-cent Canadian mining company is close to accomplishing.

In October 2004, it purchased a mining site for only $230,000. Today, that same site is potentially worth $180 million. That’s a 78,161% return on its investment!

And what did this 70-cent company find there that’s caused the site’s value to explode the way it has?

You guessed it: The same metal oilrigs need for their drill bits, the same metal China has held a virtual monopoly on.

The site holds around 10 million pounds of the metal. That’s one site alone; there are three more!

This 70-cent company is ready to begin mining the metal. I can practically guarantee you that once this story hits the major newswires, this company’s share price is going to soar.

That’s why I’m so confident in telling you I think this stock could reach $5 a share in the next four months. You see, the company is already in the preliminary assessment phase of its mining operations. That simply means they are setting up the logistics of the mining operation.

Once that phase is complete, it’s full steam ahead into mining the metal -- and that opens the door to an incredible 900% return.

But there’s one other reason I’m certain this stock will soar: I was so fascinated by what my insider source had to tell me that I flew to a small Canadian island to investigate the situation firsthand. I’ve seen the mine. I’ve met with the mining company executives.

In fact, I detailed my findings in a report that will be available on Monday, June 18. If you’d like to be on the list to receive my report, which details how this 70-cent company is going to overthrow China’s monopoly on this metal, just call our customer service office at 1-888-811-9492. Or, if you prefer, I’ll simply send a copy straight to your inbox.

Even if you decide this investment opportunity isn’t for you, this story is fascinating and worth the 15 or 20 minutes it takes to read my report. It’s like reading a Tom Clancy novel.

Yours in good fortune,

Andrew Mickey
Founder, Small-Cap Commodity Prospector

I'm pretty sure the metal is Tungsten... trying now to figure out what the company is.

You may have something...I'll search more.

HEY MGPF dont get so huffy and puffy, he is just trying to pass this tease along. There ia nothing wrong with that. He is not selling it, hence there is no profit. There is no violation, on the contrary he is providing free advertising for them. He should get paid.
I dont think gumshoe is a forum design to violate any laws, its a site to help each other find out what is the best investment out there. The objective is to make money.

I am in at 0.82

yup, he is wrong

Traded at a dime a share at the time of this deal, thats how we get to a purchase price of $230k and it also has 10 million pounds of the metal.
http://www2.ccnmatthews.com/scripts/ccn-release.pl?/2005/04/12/0412125n.html

PLAYFAIR MINING LTD. ("PLY")
BULLETIN TYPE: Property-Asset Agreement
BULLETIN DATE: April 12, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining
to a Mineral Property Purchase and Sal Agreement dated October 28,
2004 between Playfair Mining Ltd. and South Coast Ventures Inc.
(Charles Dearin), pursuant to which Playfair Mining Ltd. may acquire a
100% interest in 74 mineral claims under five map staked licenses,
comprising 1,850 hectares, located in southern Newfoundland and known
as the Grey River Project. In consideration, Playfair Mining Ltd. will
pay $10,000 and issue 2,300,000 shares. The property is subject to a
4% net smelter return, half of which may be purchased for $1 million
per 1%.

Lots of verbage from the press releases match the verbage from the tease almost exactly
http://www.playfairmining.com/s/NewsReleases.asp?ReportID=188215&_Type=News- Releases&_Title=Grey-River-NI-43-101-Compliant-Resource-Estimation-Within-30-Days

Yikes, looks like I was wrong to believe the reader who submitted that one -- I found the share price and the date of purchase exact match convincing, but hadn't run across Playfair ... which does have an island mine in Newfoundland.

So, I stand corrected. I'll fix the post to point everyone to you folks here.

Thanks for catching my error, I'll try not to make too many more. And I appreciate folks trying to police the forum and cut down on duplication and copyright violations, thanks very much.

Yup, good old Geodex i was following this one some time ago. found it with Kaiser Bottom Fishing on line, another good site to pick up stock ideas, ( even some of it free ) Why didn't i buy it back in October when it was at .18 cents. Thats when we get in and on the sell now!!!! Turbomut

Grey River's estimated resources have been increased by nearly 60% today.
Eventhough these are great news the stock is not moving... and was that taipan report already sent to their subscribers?
If it was already sent it's not pushing the stock either.

I would say he is talking about playfair Spacell