POTG is up another 15% this morning and counting!
The Lotto Pick Newsletter
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Hi Everyone, For our new subscribers, Welcome! We are very happy to announce that our brand new pick is fantastic! Our Pick POTG eryis up a total of 178% from our initial alert. Our members have been emailing us non stop about the profits they have seen on POTG POTG is up on very strong volume and is showing strong signs of positive chart pattern.
We`d like to remind our members that EVERY SINGLE pick alerted in 2011 so far has been aWINNER. Every pick rose at least 100% and many of them gained as much as 1000%and more.
We have a feeling that our new pick could join many others in the hall of fame.
This is a very exciting period for the market. IPO`s are hotter than ever.
Linkedin Rose more than 100% on its IPO day, Pandora, Fusion IO also did very very well. Zynga, Facebook, and Groupon are coming up soon as well.
POTG is not an IPO (technically speaking), but it is fresh and new to the market and we see strong potential in it. Precious and base metals (the industry POTG is in) is stronger than ever.
If you missed our previous email Read below, Remember to always take profits traders! Today`s fresh new pick is: Portage Resources (POTG) Why is POTG looking at establishing a mine in Peru Peru is the worlds largest producer of silver, 3rd largest of copper and 5th largest of gold. Peru is the largest producer of Gold in Latin America. Gold accounts for a third of Perus export revenue. The vast reserve of Perus minerals a re regarded to be only 10% explored nationally.
Peru has had one of the best performing financial markets of the last decade.
The Peru Lima broad market had a gain of 1,700% from July 2000 to July 2007. At a crossroad between two of the worlds fastest growing economies, China and Brazil, the trans-continental highway has opened connecting a number of deep water ports in North Peru with the Port of Manaus on the Amazon. This highway across the Andes is expected to add more than 1% to GDP facilitating Chinese export from Brazils agriculture centers, and replace the Panama Canal as the main passage for trade between those countries.In addition to growth in the mining sector, new oil and gas projects coming online in the North have positioned the region to exceed the nation over the coming decade.
Like the rest of the world, Peru wasnt immune from the global recession in 2008. But the country has been one of the first to recover. Bloomberg reports that the country came out of recession in 4Q09 with exports up 23.8% in November and imports up 21% Many reserves have been exploited intensively in the US, Canada and Chile, but to date, only about 12 percent of Perus mineral resources have been worked.
Peru has the capacity to double or triple the current levels of output, especially in base metals. In all, Peru holds about 16 percent of the worlds known mineral reserves. Peru is also known to have the largestsilver reserves in the world.
Other influential reasons for expansion to Peru:
* One of worlds primary destinations for mining investment. US$35.5 billion foreign investment anticipated in the next six years (Price Waterhouse Coopers rept 2/2010) * Several large mines: Antimina, Yanacocha, Pierina; large Cu porphyrys in the south; greater than 70 smaller mines * Over 20 Canadian-Australian juniors operating * Less than 24 months, discovery to production for small to mid-tier gold mine * Attractive tax regime (30%); several years of regulatory stability * Recently elected government to continue pro-mining approachPortage Resources President and CEO, Paul Luna, went on to comment, The opportunities in Peru are immense. Peru is set to grow, and Portage Resources is set to grow with Peru.
Management is always very crucial, here`s a bit about them:
Paul Luna Belfiore. Mr. Belfiore is a metallurgical engineer with over 20 years of experience in the mining industry. He has been the director of Alto Petroleo (“Alto”) in Canada since October 2007. As Director, Mr. Belfiore has been in charge of the major agreements and projects for Alto. During the first half of his career, Mr. Belfiore worked in several roles including production contracting and negotiating in various countries in South America with a focus on precious metals. Mr. Belfiore has been a General Manager of Cotomaran Energy, a Peruvian company which is conducting a 500 MW hydroelectric feasibility project on rivers in Peru, since August 2004. From June 2005 to December 2007, Mr. Belfiore was the general manager of Ironman Mining in Peru, where he was in charge of contract negotiations and major drilling programs.
From March 2003 until April 2008, Mr. Belfiore was General Manager of Goldmarca in Peru, participating in the Condor project drilling program where Goldmarca drilled one of the best intercepts in gold history with 50 Mts. of 18yrs. In 1996, Mr. Belfiore was promoted to Executive Director of El Misti Gold working in the acquisitions area, where he was responsible of the Si nchao project (USD$12 Billion in metal content) amalgamation and Santa Rosa project. Mr.
Belfiore then worked for Brazilian Goldfields as Vice-president of Corporate development and was responsible for identifying, evaluating, and negotiating primarily in the Belem gold belt, Brazil. As an executive officer and director, Mr. Belfiore brings a wealth of management and leadership experience to Portage Resources Inc. and will lead the Company to acquire exploratory geological operations and mineral assessment. Mr. Belfiore is fluent in English and Spanish.
Mr. Oscar Tinoco is a Metallurgical Engineer and has over 35 years of experience in the mining industry throughout Peru and Colombia. Mr. Tinoco has been a consultant for companies such as Vena resources, FLSmidth (Colombia) Corp and San Manuel (Peru) and has extensive experience throughout South America in drilling exploration programs. These projects include Goldmarca, Vena Resources and drilling companies such as Anderson drilling (Australia) consulting. Mr. Tinoco has participated in all aspects of numerous Metallurgical construction plants.
Portage Resources Inc. President and CEO Paul Luna added, “I am very pleased with the appointment of Mr. Tinoco; his expertise is greatly appreciated and will further the responsible growth of the company. We are building a very strong team that will allow us to take advantage of our acquisition opportunities and further production of these opportunities.” You can visit POTG online at PortageResourcesInc . com POTG is headed to brand new highs! Make sure you act on it now! Happy Trading! The Lotto Pick DISCLAIMER:
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