Recommendation:
Consider Buying Shares of Sandspring Resources
Dear Reader,
The hard part is done and a tremendous amount of upside is potentially sitting right in front of us:
***US$150 million was spent developing the asset and surrounding area (roads).
***A Wheaton Precious Metals agreement was signed!
***Gran Columbia (gold producer) has just built up a 16.6% stake in the company.
***Fiore Group (legendary gold investors) recently took a 8.8% position.
***Donald Smith, another famous value investor, purchased 3.3%.
***It has 10.1 million ounces of gold resources (M&I).
***It’s in the Guiana Shield region of South America, which may become one of the richest resource regions in Latin America.
***Largest gold deposit in South America held by a junior.
I’ll have a full update for you at the close with my full analysis of this company.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
The current market cap is CAD$50m (USD$40m), and it’s been as high as CAD$450m!
In my opinion, this is a deal that is perfect for the Future Money Trends letter: it’s been de-risked on the exploration side, the money’s been invested and the drill results were positive, and we now really just need to sit tight and wait for gold to maximize the potential gain for this company.
With the Gran Columbian investment and the Wheaton Precious Metals agreement, this could become a go-to stock for many investors, and even a potential buyout target for these majors who are starved for gold resources.
Best Regards,
Daniel Ameduri
President, FutureMoneyTrends.com
Editor’s Note: I only own the stock recommendations in this letter.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
Legal Notice:
No matter how good an investment sounds, and no matter who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov
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