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Napísané: Št 14 06, 2007 10:56 pm
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This 70-cent mining company exposes Chinese metal monopoly
Dear Reader,
I wouldn’t have believed this story if I hadn’t heard it firsthand. You see, a small Canadian mining firm has unearthed a discovery that threatens to blow the lid off of a silent Chinese plot to monopolize one of the world’s most vital and precious metals.
China plans to lock down the market on this rare metal and put the world’s industry at its mercy.
I had no idea the situation was so dire until a few weeks ago, when I received a phone call from an anonymous source in Toronto with “insider” connections to those involved directly with this mining firm’s operations.
But here’s where things get interesting: While this Canadian mining company sits at just 70 cents a share, I’m 100% confident that the urgency of the situation could push it up to $5 in the next four months. In fact, it’s quite possible it could go higher. I wouldn’t be surprised if it did.
The metal at stake is renowned for being the heaviest and most durable metal on earth. It’s used in everything from light bulbs to bullets and even jewelry for those who want the platinum look without the platinum price.
But beyond its more mundane, everyday uses, this metal is the key to the world’s lifeblood energy industry: oil.
Thanks to its durability, high melting point and resiliency, oil drill bits, the kinds that are used to dig into the ground to discover new reserves, are made almost entirely out of this little-known metal.
In fact since 2002, the price of a pound of this metal has skyrocketed from $2.80 to over $17 per pound. And get this: China holds 85% of the world’s supply.
Now that China has been able to establish a virtual monopoly on this metal, the country is tightening up its policies on supplying it to the rest of the world. CBS MarketWatch might have made the understatement of the year when it declared that China’s stranglehold on this metal is “leaving the U.S. at a handicap.”
As long as it has control of the supply, China rules the market. That is until somebody finds a way to break that control. And that is exactly what this 70-cent Canadian mining company is close to accomplishing.
In October 2004, it purchased a mining site for only $230,000. Today, that same site is potentially worth $180 million. That’s a 78,161% return on its investment!
And what did this 70-cent company find there that’s caused the site’s value to explode the way it has?
You guessed it: The same metal oilrigs need for their drill bits, the same metal China has held a virtual monopoly on.
The site holds around 10 million pounds of the metal. That’s one site alone; there are three more!
This 70-cent company is ready to begin mining the metal. I can practically guarantee you that once this story hits the major newswires, this company’s share price is going to soar.
That’s why I’m so confident in telling you I think this stock could reach $5 a share in the next four months. You see, the company is already in the preliminary assessment phase of its mining operations. That simply means they are setting up the logistics of the mining operation.
Once that phase is complete, it’s full steam ahead into mining the metal -- and that opens the door to an incredible 900% return.
But there’s one other reason I’m certain this stock will soar: I was so fascinated by what my insider source had to tell me that I flew to a small Canadian island to investigate the situation firsthand. I’ve seen the mine. I’ve met with the mining company executives.
In fact, I detailed my findings in a report that will be available on Monday, June 18. If you’d like to be on the list to receive my report, which details how this 70-cent company is going to overthrow China’s monopoly on this metal, just call our customer service office at 1-888-811-9492. Or, if you prefer, I’ll simply send a copy straight to your inbox.
Even if you decide this investment opportunity isn’t for you, this story is fascinating and worth the 15 or 20 minutes it takes to read my report. It’s like reading a Tom Clancy novel.
Yours in good fortune,
Andrew Mickey
Founder, Small-Cap Commodity Prospector