AI
NOTE EX..What appears to have happened in China is a total relaxation of strictures on holding precious metals by the individual with the government pushing gold and silver as an investment option, seemingly at every opportunity. This is a far cry from the situation only a few years ago where the distribution of gold and silver was strictly controlled. Now, the Thunder Road Report notes that every bank will sell gold and silver bullion bars in four different sizes to individuals and gold related investments are said to be soaring in popularity.
Around a year ago, Leyshon Resources managing director, Paul Atherley, in an investor presentation in London - and no doubt delivered elsewhere in the world too - commented that some employees at the company's gold mining project in northern China would, on pay day, go to the local bank and buy a small gold bar as an investment and wealth protector. To an extent we put this down at the time to mining company hype - but this seems to be exactly the same phenomenon noted by Thunder Road.
The Chinese are being converted from being the lowest per capita gold consumers in the world to a nation of small precious metals investors. Now, by next year, Chinese consumption of gold is likely to exceed that of India, which has been for years the world's biggest gold market. And one suspects that the potential for gold purchasing by individuals is only in its earliest stages. As more and more Chinese move into the cities and individual wealth grows, this trend is only likely to accelerate....
WHY RED LAKE GOLD BELT?
Hi mick, well the gold investors haven't discovered CQR or
gold yet,
imo.
Red Lake Home to the richest gold deposit in the world
operated by Goldcorp Inc.
Proactive and stable mining jurisdiction
Gold belt has >23M oz of past production
and is 50 years 'younger' in terms of exploration
and development
than the major Timmins
and Kirkland Lake gold camps, Canada
The Red Lake camp has an average grade of 0.42 oz/ton gold
New major gold targets being identified by companies
and government surveys
welcome to CQR Ausome
http://www.investmentpitch.com/media/514/Conquest_Resources_Ltd.__TSXV_CQR/
CQR PowerPoint Presentation (May 2009
http://www.conquestresources.net/Powerpoint/CQR_20090524.pdf
The Red Lake Mine Footprint
4.6M oz at an average grade of 2.35 oz/ton gold at Goldcorp's
High Grade Zone (source: Goldcorp website
The Red Lake and Campbell mines combined past production
current reserves and resources total more than 23Mil. oz Au
at 0.65 oz/ton gold
Few, if any, gold belts in the world can compete
with these grades
ex..dd..
http://www.goldcorp.com/operations/red_lake_mine/
http://www.conquestresources.net
http://investorshub.advfn.com/boards/board.aspx?board_id=11788
http://investorshub.advfn.com/boards/board.aspx?board_id=15069
ex....
Mike Maloney - Gold needs to go to $15,000
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39323090
Gold Spot (FOREX:XAUUSDO
http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=88452&sn=Detail
God Bless
Around a year ago, Leyshon Resources managing director, Paul Atherley, in an investor presentation in London - and no doubt delivered elsewhere in the world too - commented that some employees at the company's gold mining project in northern China would, on pay day, go to the local bank and buy a small gold bar as an investment and wealth protector. To an extent we put this down at the time to mining company hype - but this seems to be exactly the same phenomenon noted by Thunder Road.
The Chinese are being converted from being the lowest per capita gold consumers in the world to a nation of small precious metals investors. Now, by next year, Chinese consumption of gold is likely to exceed that of India, which has been for years the world's biggest gold market. And one suspects that the potential for gold purchasing by individuals is only in its earliest stages. As more and more Chinese move into the cities and individual wealth grows, this trend is only likely to accelerate....
WHY RED LAKE GOLD BELT?
Hi mick, well the gold investors haven't discovered CQR or
gold yet,
imo.
Red Lake Home to the richest gold deposit in the world
operated by Goldcorp Inc.
Proactive and stable mining jurisdiction
Gold belt has >23M oz of past production
and is 50 years 'younger' in terms of exploration
and development
than the major Timmins
and Kirkland Lake gold camps, Canada
The Red Lake camp has an average grade of 0.42 oz/ton gold
New major gold targets being identified by companies
and government surveys
welcome to CQR Ausome
http://www.investmentpitch.com/media/514/Conquest_Resources_Ltd.__TSXV_CQR/
CQR PowerPoint Presentation (May 2009
http://www.conquestresources.net/Powerpoint/CQR_20090524.pdf
The Red Lake Mine Footprint
4.6M oz at an average grade of 2.35 oz/ton gold at Goldcorp's
High Grade Zone (source: Goldcorp website
The Red Lake and Campbell mines combined past production
current reserves and resources total more than 23Mil. oz Au
at 0.65 oz/ton gold
Few, if any, gold belts in the world can compete
with these grades
ex..dd..
http://www.goldcorp.com/operations/red_lake_mine/
http://www.conquestresources.net
http://investorshub.advfn.com/boards/board.aspx?board_id=11788
http://investorshub.advfn.com/boards/board.aspx?board_id=15069
ex....
Mike Maloney - Gold needs to go to $15,000
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39323090
Gold Spot (FOREX:XAUUSDO
http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=88452&sn=Detail
God Bless
