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Saaweet board dude. STOA hoping for $1 break there :) weeee lol
Thanks J.D. enjoy the rest your day!
Board marked, Member marked. - J.D.
Wall Street Protests Hit Over 1,500 Cities Around The World
http://www.smh.com.au/world/anger-at-greed-goes-global-protests-boil-around-the-world-20111016-1lr4h.html
Thanks for the alerts!
...marked ya
Keep an eye out on iweb and chdo next two weeks
Could turn out to be better than bullish :))
Focus Gold Corporation Highlights Further Consolidation of Porphyry Gold Projects in the Sierra Madre Occidental Region of Mexico and Comments on the Rising Valuations in the Area
Press Release Source: Focus Gold Corp On Tuesday October 4, 2011, 8:28 am
RENO, NV--(Marketwire -10/04/11)- Focus Gold Corporation's (OTCQB: FGLD.OB - News) (OTC.BB: FGLD.OB - News) Management would like to highlight a recent transaction of a Porphyry gold project in Mexico as they feel it relates to the company's Huicicila Porphyry Gold project located in the state of Nayarit, Mexico.
Due to the recent high demand for Porphyry projects there has been a flurry of M&A in the sector. The most recent transaction being Agnico-Eagle's ($13.5 Billion enterprise value) friendly takeover of Grayd Resources for roughly $275,000,000 (or about $275/Oz resource) which is one of the richest valuations paid for a Porphyry project in Mexico to date -- especially for a non-proven reserve.
Agnico-Eagle Mines Limited acquired Grayd Resource Corporation for $2.80 per share by way of a take-over bid. The offer price of $2.80 per Grayd share represents a premium of 65.7% to the average price of Grayd shares on the TSX Venture Exchange for the 20-day period ended September 16, 2011.
Grayd owns a 100% interest in the La India Porphyry gold project located in the Mulatos Gold Belt of Sonora, Mexico. Grayd also recently discovered the Tarachi gold porphyry prospect located approximately 10 kilometers north of the La India project. Both projects are located in a large package of exploration concessions that total approximately 54,000 hectares. Grayd's properties lie at the opposite end of the same chain of mountains, the Sierra Madre Occidental, as our Nayarit project.
Grant R. White, CEO of Focus Gold Corp., commented, "It is no secret Porphyry gold deposits are in strong demand by the majors. Grayd developed a 1 million ounce resource in about 4 years, and in the process, took the stock from $0.25 to the take-out price of $2.80, a 1,000% return for Shareholders. In our opinion, our Nayarit project has multi million ounce potential if developed and explored properly."
Mr. White went on to say, "The facts are these types of projects are in large demand and for Grayd's project to be acquired for over $275/Oz only based on a resource and not a reserve speaks volumes for the valuation potential of our Nayarit project. Ubika's June 6th research report on Focus also highlighted the significant value of Porphyry systems and can be found on our website at www.focusgoldcorp.com."
FGLD on breakout watch, MACD buy signal is very close.
nice board. first pick for the board FGLD
Sounds good, should be up and running soon, just finishing up this one project then all my attention will be on BTB, talk soon bro.
Sounds great bro as soon as your site is up i will cancel my ihub meanwhile i just keep searching for the 5-10 bagger
Lmao, PMs just expired, iHub not getting another dime... Everything is coming together, expect an email soon bro.
Wow i did not know that you had your own board ..i guess i had to be the first poster ..
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06/11/11
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