Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
In this article I’m going to re-introduce an exceptionally well managed junior that I believe is truly undervalued at today’s gold price. This junior offers exceptional blue sky exploration upside and has to be, in my opinion, on the radar screens of major gold mining companies for possible acquisition.
Consider this – juniors are the present owners of the world’s future gold supply.
They are the companies who explore for, find and develop deposits to the point where they hopefully attract a major’s attention. And the majors need them more than ever, they need them to explore for and find gold, and they need them so they can purchase them or their projects to grow their reserves and production.
Spanish Mountain Gold TSX.V – SPA made one of the most important gold discoveries in recent British Columbia history. Spanish Mountain’s 100% owned Spanish Mountain property has revealed that it is host to a potentially bulk mineable, large tonnage sediment hosted gold system.
Read more:
http://www.aheadoftheherd.com/Newsletter/2010/spanish_mtn_likley_bc.htm
Richard (Rick) Mills
[email protected]
www.aheadoftheherd.com
If you’re interested in learning more about the junior resource market please come and visit us at www.aheadoftheherd.com.
Membership is free, no credit card or personal information is asked for.
***
Richard is host of aheadoftheherd.com and invests in the junior resource sector. His articles have been published on over 200 websites, including: Wall Street Journal, SafeHaven, Market Oracle, USAToday, National Post, Stockhouse, Lewrockwell.com, Casey Research, 24hgold, Vancouver Sun, SilverBearCafe, Infomine, Huffington Post, Mineweb, 321Gold, Kitco, Gold-Eagle, The Gold/Energy Reports, Calgary Herald, Resource Investor and Financial Sense.
***
Legal Notice / Disclaimer
This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified; Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.
Richard Mills does not own shares of Spanish Mountain Gold
Spanish Mountain Gold TSX.V – SPA is an advertiser on his website aheadoftheherd.com.Ahead of the Herd.com Media Group Inc.a division of Ahead of the Herd Holdings Inc. All rights reserved. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy of the statements made herein. Ahead of the Herd.com does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. The publisher, editors and consultants of Ahead of the Herd.com may actively trade in the investments discussed in this website and newsletter. They may have substantial positions in the securities recommended and may increase or decrease such positions without notice. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this website and publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. Unauthorized reproduction of this newsletter or its contents by Xerography, facsimile, or any other means is illegal and punishable by law. 
