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This is where the next great gold mining boom will happen
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Tuesday, April 13, 2010
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By Sean Goldsmith in the S&A Digest:

Readers who watch our "top ten" list have been treated to the "Matt Badiali Show" over the past few months...

Our resource and geology expert, Matt Badiali, has claimed five of the top 10 spots on the open position list, including a monster 420% gain in Jinshan Gold Mines, a 200% gain in the tiny exploration company Rainey River, and two silver companies that have doubled since his original recommendations.

Jinshan was the focus of a report Matt sent to readers of the S&A Resource Report this January, titled "Government-Backed Gold and Silver: How to Make 10-Times Your Money in China." Matt's investment thesis was simple: When the Chinese government decides to support an industry, it goes "all in" with special regulatory, tax, and other government favors. China desperately wants to develop its domestic mining industry, and Jinshan is one of China's anointed gold companies. Matt originally recommended the stock around $1. It's now around $5.50.

Matt has Jinshan rated as a "hold" right now. Lately, he's more bullish on a little-known region called the "Golden Triangle." Most folks have no idea the place exists, but it's home to the largest untapped gold deposit in Canada. Altogether, the Triangle has 15 world-class deposits – all of them virtually untapped. But as Matt tells us, that's all about to change.

The Golden Triangle has been mostly impossible to mine for the past 150 years because of its remote location and lack of power infrastructure. While many folks get excited about big gold discoveries, they often forget that roads and power lines are as important to a mine as ore grades.

But just a few years ago, the British Columbia provincial government – in conjunction with the federal government of Canada – has approved the construction of a 200-mile power line. The new high-voltage Northwest Transmission Line is scheduled to cut right through the heart of the Golden Triangle... and it's going to bring a mining boom along with it.

It will also send the shares of companies that own prospective stakes in these potential mines soaring. Neither Main Street nor Wall Street know about the region, so shares in the best Golden Triangle plays are still cheap.

To any S&A reader who hasn't hedged himself against the coming dollar crisis with gold, silver, and selected precious metals stocks, Matt's report on this situation is a must read. Matt has found several companies operating in the Golden Triangle with spectacular undeveloped gold and silver deposits. It's a way to own a tremendous amount of precious metals in the ground (in a safe, stable country), while exposing yourself to hundreds of percent upside when gold and silver go to the moon.

Crux Note: You can learn more about this exclusive report here.
 
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Mainstream media finally report on the gold and silver scandal

Topics: Gold | Mining | Commodities
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