Our New Pick is GOFF
Hi Everyone,
The Federal reserve announced earlier today that it would continue buying back 85 billion USD in debt each month with money it creates and holds with a zero interest rate. This move by the Federal reserve will deteriorate the U.S. currency over time and make gold an even more attractive investment.
In our view, exploration companies like GOFF Corp. are about to see a massive surge in interest from retail investors and institutions that will jump on safe-haven investments that are tied to gold.
GOFF quickly continued to surge right after the Federal Reserve made their announcement today and closed at a new all time high. This is an indication to us that investors are starting to see the big picture with gold and GOFF.
Members shouldn't be surprise to see a continued uptrend in the coming days and a move to $1 very quickly.
The market is about to jump on commodities like gold again and being part of GOFF could be the best decision that you can make to see huge profits.
Here are 5 reasons why members should consider buying GOFF and why this stock is about to takeoff in a big way:
1) Close to 150 billion USD in gold has been discovered in Colombia to date.
According to the Colombia Gold Letter, this is equivalent to almost 93 MOZ (Millions of ounce) of gold that were discovered. These enormous discoveries in past years account for almost 10% of worldwide discovery of gold. GOFF couldn't pick a better country to mine.
2) Stocks with Colombian properties have soared over 450% in the past.
- Continental Gold Limited (TSX:CNL) has 7 properties in Colombia and saw its stock price rise from $2 to $10 right after it went public. GOFF could definitely see a similar surge with the current interest from the market in gold.
- B2Gold Corp.(TSX:BTO) has 2 properties in Colombia of which one could soon produce close to 400,000 ounce of gold per year (equivalent to $642M. in gold production per year). BTO saw its share rise from 30 cents to $4.50 in the past.
3) The La Frontera property offers highly prospective gold and silver targets.
GOFF's management believes that their property has high potential for gold discoveries. We soon expect the company to release potential reserve estimates and numbers that would indicate their view on the property's potential. This is very common with mining companies and based on our experience, this type of news has always been well received by the market.
4) Executives from world's biggest mining houses are looking at Colombia for a gold rush.
The Colombia Gold Letter further stated that the potential of discovering large amount of gold in Colombia has attracted executives from leading mining firm to take CEO positions in mining companies over there.
For example, Hans Rasmussen, CEO of Col'mbia Crest Gold was formerly at Rio Tinto; Robert Sedgemore, CEO of CuOro Resources was formerly at the world's biggest copper mine, BHP Billiton's Escondida; and Patrick Highsmith, CEO of Bellhaven Copper & Gold was also formerly with BHP Billiton.
Major mining corp. are yet to be abundant in Colombia leaving smaller corporations like GOFF tremendous room to grow very rapidly.
5) Industry experts: A gold rally is right around the corner
The HSBC, Merrill Lynch and UBS are all forecasting gold to rise in 2013. Their forecast range from $1,700 to $1,900 per ounce this year. The market is ready to jump start a gold rally and GOFF could ride the wave of an upcoming hot industry. In our opinion, shares in GOFF are about to see more upside and should it mimic the performance of BTO or CNL, the upside could stand to be well over 400%.
Your AwesomePennyStocks Editor.
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