Argentina Mining Play

[december]

ANOTHER REASON TO BUY CBP - TSXV

Not sure if you are all familiar with Michael Schaefer of
Secret Stock Files (http://www.secretstockfiles.com/).. Mike Schaefer is considered the “Other Oracle of Omaha”. He is an awesome
stock picker and has a HUGE FOLLOWING and I personally subscribe to his newsletter, he knows his stuff when it comes to resource stocks.
Among others, Mike is currenlty recommending a company named Wealth Minerals (currently trading well over $1.50). In one of his most recent newsletters (from July 14th) he talks about Wealth Mineral's
most recent move into Argentina in the search for Uranium in the
Patagoinia region, in Chubut province. Schaefer states the following:

"Wealth Minerals WML-TSX. V released news regarding a major uranium exploration land position in Argentina. The company has acquired roughly 500,000 acres of prime uranium exploration ground.

Known uranium occurrences exist on all of the properties Wealth has acquired.

Argentina is virgin territory with vast exploration potential. Very little uranium exploration has ever occurred in this large country.

The uranium exploration that did take place more than 30 years ago was conducted by the National Commission of Atomic Energy of Argentina. There has been no exploration employing modern exploration techniques.

As many of you already know Uranium prices have skyrocketed over the past couple of years. And most analysts expect prices to stay high for the next 10 years.

Argentina offers one of the last untapped and under-explored regions in the world. Wealth Minerals, in my opinion, has achieved something of a coup in acquiring such a large land position with so many uranium showings."

I have to totally agree with Schaefer on this one, however, Wealth is way too late to the game in Patagonia, PACIFIC BAY has been working in Patagonia for 2 years, has close to 300 square miles of PRIME property, some of which is located on the same trend as the Cerro Solo Uranium deposit (10 million pounds), AND THEY HAVE A SIGNIFIGANT U308 SHOWING ON THEIR REGALO PROPERTY ALREADY, AND HAVE THE CONTACTS WITH THE LOCAL GOV, THAT ARE NEED TO MOVE TO THE NEXT LEVEL.Check out the picutres here:
http://www.pacificbayminerals.com/cerro-solo.shtml


The management that has serious experience in Argentina.