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Tuesday, 04/24/2012 1:05:58 PM

Tuesday, April 24, 2012 1:05:58 PM

Post# of 168
Mercenary Alert: The Stars are Lining up for Estrella Gold
A Special Alert Musing from Mickey the Mercenary Geologist
Contact@MercenaryGeologist.com

April 15, 2012

The prospect generator model is one of my favorite business plans for the junior resource sector (Mercenary Musing, July 12, 2010). A prospect generator has the ability to preserve capital and equity by joint-venturing its early-stage projects to other companies who then spend their dollars to explore and advance them. Conversely, the company becomes a minority partner in its plays. With a cadre of geologists that has particular expertise in a commodity, in generalized region, and/or deposit type and continually generates a pipeline of meritorious projects, the successful project generator increases the odds of discovery and ultimate success.

(material deleted -- see link)

Estrella retains a very tightly held share structure and it has a strong technical team that continues to generate many prospects of merit in southern Peru. Estrella means “star” in Spanish; I think the company’s stars are lining up and it is poised to take off when the junior resource market turns around. I remain a dedicated share holder of EST and have never sold a share since first buying its compelling story in December 2009. Note that Estrella Gold Corporation is a sponsor of my website and my views are obviously affected by my financial involvement with the company.

That said, it is my opinion that its shares are currently on sale. If you are not already a shareholder, do your own due diligence and see if it matches your checklist for speculation at today’s relative low price.
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http://www.goldgeologist.com/update/ma4444.pdf

CSRFF