Our first gold mining pick of the year!
PennyStocksUniverse Newsletter
Hi Everyone, For all our new subscribers, Welcome! All of you have been asking us to find a company that operates in the precious metals mining industry since the beginning of the year. We were however unable to find a company worth featuring on our newsletter until now.
Our first gold/silver mining pick this year is: CPMCF CPMCF is already being bought by wallstreet as they take notice – closing up a phenomenal +60% yesterday CPMCF is set to profit from the current very high price of gold. Upwards of $1300 an oz and counting.
CPMCF is a great way for everyone who wants to get into gold, but does not want the hurdles of owning physical bullion. Owning gold through stockfolios has proven over time to be one of the best, easiest and most convenient ways of `buying gold` CPMCF also mines silver which is also at all time highs! Near $24 an ounce and still climbing! This pick has all the components needed to run very high! Coastal Pacific Mining activities are to explore, develop and mine gold and silver resources in North and South America. As its primary focus, the Company will joint venture with companies offering reserves to develop and produce. Currently the company is in joint venture agreements in Ontario, Canada.
Further to the release of October 6, 2010 announcing the entering into an option agreement for the Hotstone Gold Property in Ontario, Canada, is pleased to provide additional information on the Property.The Hotstone Gold Property (“Property”) is a drill ready gold prospect in Greenlaw Township, within the Swayze Greenstone belt of Northern Ontario, which is the southwestern extension of the Abitibi Greenstone belt (“Abitibi”).
This belt is often referred to as the Canadian Fort Knox, as it has yielded over 160 million ounces of gold production. Currently, gold is trading at approximately US$1300 per ounce, which represents production worth over US$208 billion today.The Abitibi is one of the largest greenstone belts in the world. These geologic bodies are considered prime hunting grounds for large mineral deposits of metals including gold, silver, copper, and zinc.
The Abitibi is one of a handful of major mineral regions that extends from the great gold discoveries of Alaska to Greenland. Notably, the Porcupine Mining District (Timmins), which has produced in excess of 70 million ounces of gold from such famous producers as the Hollinger Mine, McIntyre Mine, Pamour Mine and Canada`s longest continuously producing gold mine with 100 years production, the Placer Dome (Dome) Mine.
The Kirkland Lake area, known as the Larder Lake Mining District, has produced in excess of 24 million ounces of gold with such famous producers as the Wright-Hargreaves Mine, the Lakeshore Mine and the Macassa Gold Mine Coastal`s impressive website can be found at CoastalPacificMiningCorp dot com Watch it very closely. This is the type of company we really think stands a chance of hitting 0.25 in a very short period of time. At that point we are looking at stunning +500% gains from current levels.
You can buy it at a cheap 5 cents at the moment! Happy Trading! This message was sent by: JMC Inc., 2885 Sanford Ave SW #12529, GrandVille, MI 49418
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