Hello Everyone,
We are proud to present to you our brand new pick: SWVI (Swingplane Ventures Inc.)
Act fast on SWVI, the market is starting to take notice of this amazing mining company. Shares are getting very active and this could be your last chance to be part of an up and coming giant in the copper market for under 40 cents!
Some of our last few mining picks have seen gains of over 800% and soared from pennies to dollars! We believe SWVI has all the right components to be our next big runner!
Swingplane Ventures Inc. mandate is to aggressively pursue:
1) Expansion of the production capability of the Algarrobo Property (details below), and
2) Acquisition of companies and/or properties with immediate or short term production capability having potential for further expansion.
You can read about the company under this link: http://www.swingplaneventuresinc.com/
Copper prices hit their highest level in more than two months earlier in January. The metal saw a 1% rise just in one day alone on January 17th, after encouraging housing and labor market data came out.
Global demand for the red metal is expected to grow by 3.4 percent to 20.85 million tons this year. Estimates from Barclays PLC last month have shown that copper demand will even exceed supply by 316,000 metric tons just in the first half of 2013!
SWVI is planning to open offices in Chile to undertake operations of its new project - The Algarrobo Property.
The Algarrobo Property is located approximately 850 km north of Santiago, in the III Region, Province of Chanaral, Chile.
The Property consists of 32 tenures, comprising a total of 6,161 ha, east of the port city of Caldera. Historical mining operations resulted in approximately 35 mines, ranging from limited near surface workings to more extensive underground operations extending several hundred metres below surface. Historical mining activity centered around three main mineralized trends, as follows: Panga, Ecuador, Urguay, etc. in the north, Descubridora, Estaca, Viuda, etc. in the center, and Buena Vista, Alicia, etc. in the south
Within these old mines, copper, as copper oxides, were mined to an approximate depth of 120 meters, transitioning to copper sulfide ores mined to greater depth (i.e. 450 meters in the Viuda Mine).
History has shown that in periods of economic weakness, it has been metals that have proven to be a safe haven for investors against both inflation and a monetary crisis!
Copper is an industrial metal, mainly driven by infrastructure projects and industrial production. The fact that China has over $100 billion planned for infrastructure projects could weigh heavily on how well copper does in the next few years.
Make sure to quickly do your due diligence on SWVI. This could be our next multi-bagger in the making and we urge our members to look at Swingplane Ventures Inc. today!
Your PennyStocks.com Editor
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