Positioning Yourself for the Opportunity That Lies Ahead Post election will bring the greatest swing into precious metals in my lifetime. Gold & Silver will be priced much, much higher... when the dust settles. The road might be bumpy at first and price swings could be violent. Make no mistake about it ...the ultimate winner will be Gold & Silver. There will be a massive (dollar dilutive ) stimulus regardless of who wins !!!
Do not get shaken out of your holdings. Buy on dips and ride it out. Make sure you own quality companies with strong, trustworthy management. Ones with lots of skin in the game. Companies that keep expanding properties and not sitting on their laurels. AZS fits the bill. Take a look at their latest acquisiton.
- Arizona Silver Exploration (CVE:AZS) (OTMKTS:AZASF) is acquiring new ground near a historic mine in Nevada known as the Silverton property, it announced Wednesday.
- Silverton, which is near the old Silverton Mine property around 100 kilometres northeast of the town of Tonopah, consists of 77 claims totaling around 1,540 acres of land.
- The new project saw limited exploration since the early 1980s, when extensive rock chip sampling identified a large gold anomaly spanning nearly 2.5-by-3 kilometres that contained more than 100 parts per billion (ppb) gold
- Previous operators sank a total of 66 holes on the property, most of which were focused a separate gold-silver anomaly. While some of these holes hit gold values over modest intervals, the veins within the volcanic rocks overlying the dolomitized limestone are not what Arizona Silver sees as the primary exploration opportunity at the Silverton property, it said in a release. The firm told shareholders it believes the dolomite breccias are the primary exploration opportunity.
- "The Silverton property represents an excellent opportunity for Arizona Silver to expand and increase shareholder value, with a large property containing demonstrated, extensive gold distribution and a number of drill holes that can help guide further exploration,” CEO Mike Stark said in a statement.
- “We welcome Silverton to our already strong portfolio of properties with fantastic opportunities and sizable material resources."
- The Vancouver-based firm also has the right to buy out the royalty interest completely for US$1.25 million and US$500,000 respectively. There is no annual work commitment.
- Arizona Silver owns 100% of the previously producing Philadelphia property in Mohave County, Arizona, where past production ranged from 10 to 27 grams per tonne (g/t) gold with historic silver grades in the production shaft averaging 420 g/t silver.
- The firm also boasts the Ramsey asset, which lies two hours west of the city of Phoenix, and saw historic high-grade production of 1,370 g/t of silver, and the Sycamore Canyon project, where 31 g/t gold and 553 g/t silver have been encountered at surface.
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Fortunes will be made by those who can ride out this Bull Market coming in G & Silver. Do not get bucked off by the bull.. grab him by the horns and ride him into financial freedom. Ahead lies the greatest oppurtunity ever for Jr. Mining investors. I can't stress enough how bumpy the ride can be if the US Stock market finally topples. That money will eventually flood into the Jr. Mining sector. Remember no pain ...no gain.