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Watch List for Tuesday - 2-7-2012 - Email Ad
More on
SPAH Remember to always do YOUR own research. Penny stocks in general are very risky and the lower priced companies like
SPAH can get very volatile as seen with an alert last week which made a triple digit move!
Gold had a colossal run last year. The precious metal rose 10% and even hit an all time high of $1,920.30 in September. 2011 was the 11th straight year of gains and many expect 2012 to be another one.
Goldman Sachs Group Inc. has set its 2012 gold target at $1,940/oz, while Morgan Stanley has loftier expectations and predicts it will hit $2,200 an oz.!!
SPAH is acquiring interests in high quality, low-risk gold projects with past production and sizeable resources.
SPAH made an announcement last month that may actually be the Company`s tipping point for success.
SPAH has three gold mine property rights in the historic ancient rivers of gold in the Shasta Cascade region near the Oregon and California borders and announced in January that they plan to commence micro-drilling and core sample analysis for gold, silver and platinum on them.
Throughout this region, numerous mining operations were actively conducting both underground and surface mining projects that were prolific gold producers that were mined actively until
WWII shut down production.
SPAH President/CEO A. Dale Henry has said that, "The greatest potential we have is that there has been zero mining in an area of high potential where a 31lb. surface pocket of gold was found on Graham Gulch 100 years ago and has never been revisited with modern high technology equipment."
According to theclaimpost.com, this is an area that has produced a staggering amount of gold and still to this day holds excellent reserves!
You can read more here: http://www.theclaimpost.com/GRAHAMGULCHPMC.html
Using new small footprint technologies that are environmentally conscious and consistent with the state of California?s moratorium on river dredging for gold, the initial plan calls for geological core sampling using the latest green mining technologies demonstrating niche environmental alternatives with the potential of using algae to breakdown the minerals without disturbing the balance of nature.
Dale Henry, commented, "Spectrum is positioned to grow with its proprietary technology in areas of high promise that are not a danger or threat to the river`s eco system or fisheries. Spectrum Acquisition is keeping in compliance and has no plan for river dredging operations in its business plan."
Many of you have probably heard one time before how dangerous cyanide is. It`s a poison that can kill people and is even used in the gas chambers.
Cyanide is manufactured and distributed for use in gold mining. Cyanide solutions readily bond with gold, silver and other metals and this is why the mining industry uses it.
The most significant risk from use of cyanide solutions in gold mining is possible leaching into soil and groundwater!
This is frightening!
According to
SPAH President A. Dale Henry, "It is imperative for the mining industry to become more sensitive to the environment. Developing alternatives has become more cost beneficial because cyanide has been banned in several states, the new emphasis on environmental quality and the rising price of gold."
SPAH is working to develop its Non Invasive Bio Mining technologies that minimize waste and replace traditional mining methods that use poisonous cyanide and toxic chemicals by substituting biodegradable non-toxic agents including algae and other microorganisms that are less harmful to the environment.
SPAH is working to develop its patented Continuous Refractory Ore Bioprocessing Apparatus as an alternative. Cyanide is highly poisonous and there could be a substantial market for an alternative!!
The US states of Montana, Wisconsin, the Czech Republic, Hungary, and other countries have already banned cyanide mining.
SPAH sees a tremendous opportunity for growth in providing eco friendly alternatives in untapped lucrative gold, silver and platinum areas and becoming a green model for mining in the future.
Through its acquisition of Avalon Perspectives Inc.,
SPAH has also started up a tourist destination and commercial mine located on the south fork of the Salmon River in Siskiyou County, California. Avalon Perspectives Inc. also operates a commercial gold mine and holds a lease to the mining rights of the property on which it is located. This lease allows the Company to mine the land for gold.
Between January 2, 2009 and December 30, 2011, the price of gold increased over 75%!
The demand for gold is massive. Gold can be utilized in so many different industries. It`s often used in electronic equipment because it will not tarnish and conducts electricity well. It`s even used in many places in the standard desktop, laptop computer, and cell phone!
For more information on
SPAH, visit their website at: www.mineamerica.com and http://www.theclaimpost.com/GRAHAMGULCHPMC.html Always do your own research and consult with a financial professional.
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