http://www.dailyreckoning.com.au/four-commodity-investment-ideas-from-around-the-world/2011/09/03/
On the first page…
“On Monday I stepped back onto Aussie soil after flying 37,000 km through the US and South America in just one week. “…
“Two of the projects I visited last week have the right people, the right location, the right commodities, and potentially huge, high-grade deposits. Both stocks are at the stage where everything is in place. But the shares are still at bargain prices thanks to the fear gripping financial markets…
One is a gold explorer that is still fairly unknown. It appears to be sitting on a deposit large enough to compete with the world’s biggest gold companies. Which, perhaps not coincidentally, are right next door.”
Then have a read of this:-
http://www.promesa.com.au/documents/BGFEquities-Promesa-Research-Note.pdf
“Cerro Curunday represents an analogy with Lagunas Norte, a high sulphidation epithermal gold deposit in being mined by Barrick Gold Corporation…Another major gold mine is Yanacocha, owned by Newmont.”
and consider the commonality of director between TRH and PRA:-
Ananada Kathiravelu Executive Director PRA
Ananda Kathiravelu Chairman TRH
and the fact that TRH’s shareprice may have moved strongly in the last few days as the result of a…”publication by Diggers and Drillers which details the conmpany’s prospects and recommends a trading decision”(as TRH directors stated on 2 September in answer to an ASX query)
Then ask yourself what is the next gold explorer Diggers and Drillers is likely to recommend to its subscribers?
Promesa is undertaking a drilling campaign at its Cerra Curunday prospect in Peru at the time of posting (commenced 26 August 2011). Drill results should be made available progressively over the next 3 months.
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