New Personal Finance Video: This tiny gold mining company could soar
Posted November 21, 2007
“This superior technology has allowed the company to enter every major mining area of the world, including Australia, Russia, South America, Canada, the United States, Africa and the Middle East. Because of its strong presence in Australia, and its acquisition of Australia’s STACE Pty. Ltd. a year ago, this company is at the top of the list for mine-sampling equipment and technology.” — Sara Nunnally
Baltimore — (TFN): A $62.9 billion treasure is buried under enough earth that it would take miners four years to remove it all, even at a rate of 1 million metric tons a day. With estimated reserves of more than 80 million ounces buried deep in an underground mine, this company is going to need a top-notch team of experts to glean every nugget and flake of gold.
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***Don’t forget to watch this weekend’s Smart Trading Action Alert: Smart Trading Action Alert: Given the beating some blue chips have taken in recent weeks, select small-cap stocks now provide opportunities for safe profits. Ian Cooper explains.
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