Is this Lion miner future SFMI? Coinsidentally it is $0.07! What if it really happens?
LOOK AT THIS PENNIES GUMP, KATX WILL BE ON THAT LIST TOO
Checkout the unbelievable returns on some of these companies the last time gold hit record highs in the 1970's.
Name 1975 Price 1980 Price
Lion Mines..... $0.07 ---- $380
Bankeno ........... $1.25 ---- $430
Wharf Resourc.. $0.40 ---- $560
Steep Rock ..... $0.93 ---- $440
Mineral Resou... $0.60 ---- $415
Azure Resourc... $0.05 ---- $109
Take out your calculators. Yes! That is over a 500,000% return for investors who purchased shares of Lion Mines in 1975. A thousand dollar investment in Lion Mines turned into $5.4 million only five years later. Life-Changing!
Don't wait until everyone is talking about buying gold and you read it on the front page of your local newspaper. It will be too late!
But, you shouldn't just rush out and buy any mining company for your portfolio. Not all mining stocks are created equal, so you must..."Ask Yourself the Following Questions"
Do I have the knowledge required to be a successful mining stocks investor?
Can I accurately analyze and understand drill results?
Do I know the secrets of the pros and promotion methods used by industry professionals to continuously make money at the expense of the "retail" investor?
Can I quickly scan a news release and make a decision to buy or sell?
Gold has recently set new record highs and the bull market in gold and mining stocks is just getting started.
"By the end of 2008, I was predicting $850...I think by the end of 2010 we'll be north of $2,000 and could be as high as $5,000 by 2014."
Those are the words of wisdom from a 2007 Business News Network (BNN) interview with former Goldcorp CEO and founder Rob McEwen, who now heads up US Gold Corp.
And he is not the only one saying gold is going higher, but don't wait until gold is $5,000 an ounce.
