TIMING IS EVERYTHING AND THE TIMING IS NOW FOR METAL STOCKS: CALLINAN MINES LTD.
The fortuitous timing of the metal’s price bubble, triggered payment of Callinan’s 6 2/3% NPI royalty interest in the HudBay operated highly profitable base metals 777 Mine. As a result, Callinan was suddenly transformed from a money-consuming exploration company to a no-cost revenue producer.
The skilful, timely announced purchase of a gold property, containing high grade gold values, has been placed on the Gold Bug’s maps as they seek hidden value in this $1000 / oz. gold market. Eminent commodities analysts and sophisticated traders, such as Dennis Gartman, acknowledge the upward trend of gold prices, but caution about purchasing gold in U.S. dollars because of the Greenback’s volatility. Other gold experts on BNN have predicted $1500 / oz. gold in 2010 and multiples of that price in the next five years as they project continuous decline of the U.S. dollar.
Purchase of Canadian mining stocks like Callinan also gives the investor a potential currency gain at a time when investors throughout the world seek safe value havens. They continue to watch their governments print more and more paper money. The timing is right to invest in Canada in general, with its world-acclaimed banking system and laws, and in its mining sector in particular.
CALLINA’S TIME HAS COME.
CALLINAN MINES LTD. Symbol – CAA: TSX Venture
Website: www.callinan.com
Loading...
Loading...