Lebed.biz Alert – My New HUGE Gold Pick- GBGI!

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Jonathan Lebed Newsletter

Despite the Dow Jones falling 178 points today, gold was up $12 to $1,400 per ounce and I believe gold prices are getting ready to surge to many new all time highs in the weeks and months ahead! Now is the time to search for the small-cap gold plays that have the potential to become the market`s biggest winners for the rest of 2011! I am extremely excited to announce my new HUGE gold pick: Gold Bag Inc. (GBGI), currently $0.57! I believe GBGI`s upside potential is astronomical and it is extremely important for you to stop what you are doing right now and spend a couple of hours researching GBGI immediately! It might be the best decision you ever made in your life! GBGI is a company focused on the acquisition and development of gold mining properties primarily in the Americas including a recently signed option agreement with Victoria Gold for two properties in the Timmins Mining District and through its wholly owned subsidiary Focus Gold Mexico Corp., the Huicicila mine in Mexico along with its recently acquired Focus 1 properties in Mexico that surround the Huicicila mine.

GBGI operates under the name Focus Gold and just announced last week the renewal of the Mining Leases for the Watabeag and Russell Creek properties. On October 10, 2010, GBGI`s Focus Gold announced an option agreement with Victoria Gold Corp to acquire the properties located in the Timmins Mining District in Ontario, Canada, one of the world`s most prolific gold mining areas.


Victoria Gold Corp is a $276 million company trading for $1 per share on the TSX Venture exchange under the symbol VIT! GBGI only has 54 million shares outstanding and a market cap at $0.57 of $30.8 million, one-ninth of VIT`s market cap! Under the terms of the Option Agreement, GBGI will acquire 100% ownership of the Watabeag and Russell Creek properties upon issuance of 250,000 shares of common stock and the expenditure of $2,000,000 for cumulative exploration and maintenance on the properties, to be completed on or before the third anniversary of the date of the agreement. Renewal of the mining leases will allow GBGI to commence exploration and maintenance on the properties.

The Timmins Mining District has been a prolific gold mining area since the late 1800s when a staking rush occurred that was bigger than either the Klondike or California gold rushes. The Watabeag Property consists of 8 claims on 131 hectares located approximately 60 kilometers east of Timmins. Initial drilling on the property in 1981 intersected 8.9 g/t Au across a 0.9 meter interval.

The Russell Creek property consists of 128 hectares, also on 8 claims, located approximately 70 kilometers east of Timmins. Asarco (Cook Joint Venture) completed ground magnetic and EM surveys in the area that defined a northwest trending fault structure along Russell Creek.

GBGI recently announced that it has begun the expedited development of the Huicicila and Focus 1 projects in Nayarit State, Mexico. The development programs will include extensive renovations, exploration, mapping and sampling on both projects.

Employing modern safety standards, GBGI`s Focus Gold Mexico team has renovated a large portion of the Huicicila Project`s Miravalles tunnel with the renovation team currently approaching the historic Asarco Historical Block. Concurrent with the renovations, the Focus Gold Mexico team is conducting expanded exploration, mapping and sampling of the Miravalles vein system.

At the Tres Estrellas vein, which may have the highest grades known in the district, the development program is underway and being expedited. GBGI has completed initial geological mapping of the mine area and sampling of the vein and hosting rock. The Focus Gold Mexico team is exploring and mapping the strike to the SE and is preparing exploration plans for the block.

The Huicicila Project consists of five gold and silver claims totaling more than 1012 Hectares and was recently the subject of an NI-43-101 Technical Report commissioned by GBGI in which the results of the company`s recent exploration and sampling program were presented. The Huicicila Project was described in the report as an “economic to bonanza grade gold-silver deposit” with the identification of “multiple veins with high gold analysis.” The report showed it to be a mesothermal vein system with sample assays showing high gold and silver values in multiple veins with good vertical continuity throughout.

The report also points to the potential of discovering “more ore shoots of roughly the dimensions and grades of the ASARCO historical reserves.” Because of the high gold values shown in multiple veins, the reports states that “a focused exploration program could thus discover 500,000 ounces of gold” and that, “no social or environmental issues were discovered.” The report recommends continued and aggressive exploration and states, “The Huicicila Project, Nayarit state, Mexico, is an exciting exploration stage gold property made very attractive by high gold values.” On February 7, 2011, GBGI announced the significant expansion of its holdings in Nayarit State through the acquisition of the Focus 1 properties that consist of gold and silver claims totaling more than 18,000 hectares surrounding, to the north and east, GBGI`s Huicicila Project.

Not only does the Focus 1 claims surround the Huicicila Project to the north and east, but they are also adjacent on the east to the caldera containing Cream Minerals` 2560-Hectare Nuevo Milenio property. In December 2008, Cream Minerals filed an updated National Instrument 43-101 Technical Report on the Nuevo Milenio property outlining a silver equivalent Inferred Mineral Resource of 54.6 million ounces contained within 5.1 million tonnes.

Several structures with mineralization of gold, silver, copper and iron have been identified in veins and dikes in the Focus 1 claim`s El Salto mineralized area that lies adjacent to Nuevo Milenio and southeast of the San Juan and Cerro Alto volcanoes. As well, disseminated mineralization has been identified on and within the borders of the caldera, similar to those found in the Caldera del Nayar indicating a very high possibility of a large mineralized deposit discovery. Similar to Nuevo Milenio, such a discovery may be a low-sulphide epithermal camp that is hosted by a sequence of intermediate to felsic volcanic flows, tuffs and breccias within a large collapsed caldera setting.

GBGI has near term production potential at Huicicila and tremendous exploration opportunities at both Huicicila and Focus 1 with a recent technical report stating that Huicicila could contain 500,000 ounces of gold! With gold at $1,400 per ounce, that`s a potential $700 million worth of gold that GBGI could have the potential to discover with a focused exploration program! At the end of the last quarter, GBGI had a solid balance sheet with $769,374 in cash and debt of only $18,044! GBGI could become the next HUGE small-cap gold play and I hope that you don`t miss out! GBGI`s web site is located at http://www.focusgoldcorp.com and the company is in the process of changing its name to Focus Gold Corporation subject to shareholder and regulatory approvals.

Never make investment decisions based on anything I say! Always do your own research and make your own investment decisions! —– My firm Lebed Biz LLC has been compensated by a third-party (Wall Street Grand, LLC) $20,000 cash for a one-month GBGI investor relations contract. We are in negotiations to potentially be compensated more for additional GBGI investor relations services in the future, but no agreements have been made at this time. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm Jonathan Lebed Lebed.biz Staff This message was sent to from:

Jonathan Lebed | 350 Ramapo Valley Rd | Oakland, NJ 07436

 

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