The company has already located 8 major discoveries in just the first year of drilling.
A company press release stated, "Drill testing of soil targets in 2010 resulted in several high–grade gold discoveries..."
Amazingly, they have a 100% success rate when drilling for gold on their property, which is unheard of in the mining industry.
But as 20–year mining expert, James West says...
"[The company's] project exhibits an almost identical, and very compelling, geo–chemical signature to the one that led to Underworld's gold discovery."
And, remember, Underworld made investors a quick 970%.
Altogether, the company's 8 discoveries are estimated to contain around 1.5 million ounces worth of gold – the same amount of gold Underworld found!
But that's not even the best part:
The initial 8 gold discoveries occurred on just a fraction of the company owned land – 90% of the property remains unexplored.
In other words, this company's operations are still in the very early stages of exploration and production. And that's why the company's share price is still so cheap. However, once word gets out to the investing masses I think you're going to see this small company's share price soar in the coming months.
Better still, this company has no debt, $25 million in cash, and as the CEO says, "[We've] started to plan a much larger exploration program for 2011."
I cannot emphasize this strongly enough:
These types of opportunities only come around once every 40 to 50 years. Most people are lucky if they get to see one in their lifetime, let alone have the chance to participate in it.
Before the company starts drilling early this year – on the other 90% of their land – and makes even more discoveries, I think it's a no–brainer to invest in this tiny company today.