OTCtipReporter Newsletter
Dear Fellow Members, Put GSTP on your watch list right away.
GSTP is looking to capitalize on the gold run.
Bart Melek, a global commodity strategist at BMO Capital Markets said, “Gold has the potential to go to $1,600 (an ounce) within a year or so.” The respected founder of Goldcorp (GG), Rob McEwen even told Bloomberg how he sees gold rising to as high as $5,000 per ounce in the next four years! GSTP has been moving up nice and slow. This could be an indicator that something big is about to happen, such as a possible break out! I believe something big is brewing! Gold is extremely hot. Gold is up $102 over the past month and over $300 in the past year. Physical gold has shown 27% returns over the past year. Some gold stocks have shown even higher percentage gains than that.
Just last month we saw the small cap gold company AUMN explode 170% in less than a month on basically no news at all.
If we were to see some news on GSTP in the coming days, it could be a catalyst for a possible break out.
Remember GSTP is a very early stage gold company but these are the companies that have the most upside potential because they are at the GROUND-FLOOR! For those of you not familiar with GSTP, GSTP operates Rosszoloto, a producing gold mine in the Far East of Russia. GSTP is producing gold from its alluvial mining operation on 12 claims with gold reserves of 3186 kilograms, with a gold content of 2 to 10 grams per ton and a gold standard of 763 to 933.
The company`s hard rock mineral deposits at its Snezhinka property have 120 tons of gold reserves classified as C1 and P2 under the Russian reserve reporting system, 3 tons of platinum P2 and 195 tons of silver P2. Its hard rock mineral deposits at its Elnichnoe property have 69 tons of B+C1 gold reserves, 6 tons of C2 gold reserves, and 150 tons of silver.
The company`s total gold reserves are estimated at over 4 million ounces, based on estimated long term future metals prices, discounted by the estimated cost of completion of extraction and production.
Russia is the fifth largest producer of gold in the world, and holds the second largest in gold reserves. $240 billion was invested in Russian base metal transactions in 2008. Explored gold fields in Russia contain over 7,000 tons of gold. Most production is accounted for in placer deposits, of which 60% of these resources are in the Russian Far East and eastern Siberia. Total gold production in 2008 was approximately 184 tons and the forecast for 2009 is 190 tons.
The Amur region is currently the fourth in gold production of Russia`s 11 gold producing regions. Western owned gold companies accounted for approximately 21% of the country`s gold production in 2008. Gold reserve life in Russian significantly exceeds that of the West.
GSTP`s vision is to become a million ounce plus precious metals producer. GSTP intends to implement their strategy of continuing to produce precious metals from the skill base and labor force of the Russian mining sector, with the support of Western technology, finance and corporate governance. GSTP will continue to explore and develop their Russian properties, while seeking out new producing projects and joint ventures.
We encourage our subscribers to once again put GSTP on your radar and take a long look at what this company is accomplishing.
I believe GSTP will not be at these levels for much longer.
For those who would like to grab “Cheap” shares of GSTP…..
…..Here is your last chance If we were to see news in the coming days GSTP could rocket up from there! NOTE: The buzz around GSTP is just starting, message boards will be lilting up soon, and newsletters will be coming out of the wood work to cover this company.
GSTP could run very hard out of the gate Monday! So be sure to put GSTP on your radar immediately if you already have not.
Take this opportunity to research GSTP right now at:
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