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Posts Tagged ‘CPV’

Step 1: Pick the right company!

In the beginning of 2009 I finally realised that the continuous devaluation of fiat currencies like the US Dollar and the Euro was likely to go on the coming years. Both in the USA and in Europe money is being printed at alarming rates, yet the only thing you’re hearing lately is that we are all doing so well! Well, don’t believe it! All that money being printed has to go somewhere, and there you have your equity bull-market explained. I realised that true value could only be stored in silver and gold.  How could I benefit from the enormous gold and silver bull-market that I was expecting. The largest leverage to gold and silver prices is always found in junior mining stock. I am a big admirer of Warren Buffet and believe in value investment. Using value investment principles and after months of research and reading piles of year-reports and books, I finally picked six companies.  With all my saving money transferred to a on-line broker I bought shares of six companies.

Step 2: Take your profit, and gain “free” stock.

With prices of gold and silver soaring in 2010 just like I expected, many shares in my portfolio were exceeding 250% gains. So I sold about 40%-50% of all my shares in these companies getting back even more than the original investment. The remaining shares in these companies were now basically “free” shares. Since large corrections in gold and silver prices are likely each time after another record is shattered, I just waited for this correction, and used the money to GO BACK TO STEP 1!!! So far I picked five new companies to invest in, and am looking for one more to complete my second round of step 1. With prices of gold and silver prices rising for years to come I hope to repeat step-1 and step-2 many times. I now have created what I call step-3 companies.

Step 3: Wait, wait, wait

As you might have noticed I only sold about half the shares of the companies I picked. All the companies I picked mainly have developed from explorers to producers. I intend to NEVER SELL the shares I own. There might always be a exception in special circumstances however. Where will these companies be in 10, 20 or even 25 years from now. I strongly believe that all companies will continue to develop, mergers take overs etc. who knows…. But with governments making the same mistakes over and over again, the way up for gold and silver still is very long. In the years to come the new Goldcorp, Barrick or Rio Tinto will present its-self and I am certain that parts of my portfolio will be or be part of that company. It is very likely that companies in the portfolio will start paying dividends at a certain point (e.g. 5-15 years)

These step-3 companies are my retirement, my protection against inflation!

Can you prove this?

Well, step-1 and step-2 have been proven already. Step-3 only partially.

How did you do so far then?

Bought in 2009:

International Royalty Company: Got lucky on that one, made a 101% profit in a take-over battle just months after buying it. Sold all shares.

Avino Silver & Gold mines: bought @ US$0.63 : sold 40% of my shares @ US$2,57 (a 307% gain) creating a step-3 company for my portfolio.

First Majestic: bought @ CA$2.66 : sold 45% of my shares @ CA$10.88 (a 309% gain) creating a step-3 company for my portfolio.

Great Panther: bought @ CA$0.84 : sold 50% of my shares @ CA$2.75 (a 227% gain) creating a step-3 company for my portfolio.

Minera Andes: bought @ CA$0.72: sold of my shares @ CA$2.56 (a 255% gain) creating a step-3 company for my portfolio.

Silver Wheaton: bought @ US$9,95 and a second step-1 for Silver Wheaton @US14,95 in 2010. I sold 50% of all my Silver Wheaton shares @US$39.07 creating a step-3 company for my portfolio.

Bought in 2010:

Seabridge Gold: bought @ US$28.36 is still a step-1 company! We think it might take up to 3 or 4 years to reach step-2 but if investors discover the true value of this company it might come much sooner as well!

Rubicon Minerals: bought @ CA$3.49 today the stock closed @ CA$5.49 meaning a 57.3% gain. In between step-1 and step-2.

Copper Creek Gold (Highly Speculative!!): bought @ CA$0.075 today the stock closed @ CA$0.09 meaning a 20% gain. Still step-1, but highly speculative!

Excellon Recources: bought @ CA$0.99 today the stock closed @ CA$1.18 meaning a 19% gain. Still a step-1 company!

Brigus Gold: bought @ US$1.88 today the stock closed @ US$1.77 meaning a 5,9% loss. Very much a step-1 company!

What do I expect in 2011?

More volatility is likely to rule the commodity markets. Food prices will soar, the oil price will rise gradually as will the price of copper. For a gold rally we will have to wait till August again, then I see a spot price of about $1600-$1700 before the end of this year. Silver will outperform gold again in 2011. I expect the price of silver to be less volatile than the price of gold. When the gold rally in August commences again, silver will shoot up like a star! During the year I think the gold/silver ratio will decline gradually as a result of this. At the end of 2011 I expect the gold/silver ratio to be below 35. IF this happens, I will be able add some step-3 companies to my portfolio from the 2010 stock picks, and use the money at the next correction to buy new step-1 companies.

Alexander Aardema, CEO @ CashInfo.org

Disclaimer:

The information provided on or within this article, website or in documents available herein is for assistance only and is not intended to be and must not be taken alone as the basis for an investment decision. Each recipient of this information should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities offered hereby, and should consult its own legal counsel and financial, accounting, regulatory and tax advisors to determine the consequences of such an investment.

Recently we bought shares of Copper Creek Gold. In a joint venture with Kootenay Gold work will commence at the Santa Lucia Property. Today the stock is up 2.5 cents (27,7%) to CA$0.115 we bought @ CA$0.075 meaning a 53,3% gain. We think both the Santa Lucia Project and the Bonsai Project are very promising, but still this investment will remain a very high risk one until drill results confirm the data we expect. These ground samples from the Santa Lucia Property look very promising.

Copper Creek Gold News Release:

VANCOUVER, BRITISH COLUMBIA – January 6, 2011 – Copper Creek Gold Corp. (“Copper Creek” or the “Company”; TSX VENTURE: CPV) is pleased to announce that it plans to commence the exploration of its Santa Lucia property in Sonora, Mexico in early February 2011. Initially the exploration will consist of trenching, sampling and detailed geological mapping with a focus on the silver rich La Fortuna zone. This area is the site of numerous high grade gold and silver samples taken from surface outcrop, just west of a number of old artisanal mining pits.
Subsequent to the sampling program, 2200m of drilling is planned in approximately 10 holes. These holes will test the La Fortuna zone at depth, and will also penetrate untested resistivity anomalies along the 4km strike length of the La Fortuna North property.
These resistivity anomalies can be seen in both IP and CSAMT surveys done by Cominco Ltd.’s Mexican subsidiary in the 1990’s. The anomalies underlie over 4km of surface gold mineralization, and parallel a regional range-bounding fault that is interpreted to control mineralization on the property. These resistivity anomalies remain largely untested by drilling.
In late November 2010 the Santa Lucia North area was visited by a joint team of Kootenay Gold and Copper Creek geologists and managers. Six grab samples were collected from the Santa Lucia North area by Kristian Whitehead, Copper Creek’s consulting geologist, and were delivered to ALS Chemex Labs in North Vancouver, British Columbia for analysis. The samples verified the existence of strong gold-silver mineralization, with gold values ranging from 31 ppb Au to 1670 ppb Au and silver ranging from <5 ppm Ag to 64.9 ppm Ag. Analytical results are shown below.

The Company has commissioned Robert G. Cuffney, P.Geo., of Reno, Nevada to produce an N1 43-101 compliant report on the property. This will be available to be viewed on Copper Creek Gold Corp.’s web site, and on SEDAR, upon acceptance by the TSX Venture Exchange.
Copper Creek can earn a 60% interest in the Santa Lucia project from Kootenay Gold Inc. by spending $2,000,000 in exploration expenses and by making various cash and share payments to Kootenay over a 4 year period. This agreement remains subject to Exchange approval.
About Copper Creek
Copper Creek Gold Corp. is a Canadian based mineral exploration company actively exploring in Northern British Columbia and Mexico. The Company holds two exploration projects, the Bonsai Property located in the Eskay Creek region of Northwest British Columbia, Canada, and the Santa Lucia Gold Property located at Sonora, Mexico. The Company may earn up to a 70% interest in the Bonsai property from Teuton Resources Corp. and a 60% interest in the Santa Lucia property from Kootenay Gold Inc. subject to approval by the TSX Venture Exchange.
FOR FURTHER INFORMATION CONTACT
James Anderson, President Phone: (604) 662-3004 extension #105 Email: james@coppercreekgold.com
Bing Jung, CEO Phone: (604) 662-3004 extension # 101 Email: bjung@coppercreekgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Copper Creek are forward looking-statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Copper Creek’s plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks inherent in the oil and gas and mineral exploration industries and from the time to time in the filings made by Copper Creek. Copper Creek makes all reasonable efforts to update its corporate material, documentation and forward-looking information on a timely basis.

Source: Company website

Just two weeks ago we bought shares of Copper Creek Gold @ CAD$0.075 Today the company officially announced the exploration plans for the Santa Lucia Property, Sonora, Mexico. Copper Creek may earn an undivided 60% interest in the Santa Lucia Gold Property from Kootenay Gold by spending $2,000,000.00 on exploration and making various cash and share payments over a four year period.

Copper Creek Gold / Kootenay Gold News Release:

VANCOUVER, BRITISH COLUMBIA – December 8, 2010 – Copper Creek Gold Corp. (“Copper Creek” or the “Company”; TSX VENTURE: CPV) wishes to update shareholders on its current exploration plans for its Santa Lucia project in the State of Sonora, Mexico. Recently, representatives from Copper Creek and its option partner, Kootenay Gold Inc., met in Ciudad Obregon, Mexico. Staging from there, the team travelled to the Santa Lucia site, inspected old workings, and conducted reconnaissance prospecting on the Santa Lucia North project. A number of grab samples were taken and submitted to ALS Chemex Labs in North Vancouver, British Columbia, for analysis. Various exploration strategies were discussed and plans for the 2011 exploration program were finalized.
The Company plans to begin a comprehensive exploration of the Santa Lucia project beginning in late January, 2011. The initial program will entail detailed mapping and mechanical trenching of the La Fortuna zone where high grade gold values have been uncovered on surface from highly silicified quartz veins and stockwork to the west of old artisanal mining pits. This trenching will help to establish specific drill targets in the La Fortuna area.
Subsequently, the Company plans to mobilize a drill to the property in March to target the high grade La Fortuna area, as well as to test CSAMT (Controlled-Source Audio-Frequency Magneto-Telluric) and IP resistivity anomalies that were discovered by Cominco Ltd. in the 1990′s. These anomalies remain untested, and underlie surface gold mineralization for approximately 4km.
An independent consulting geologist has been retained by the Company to produce an NI 43-101 compliant report on the Santa Lucia property as required by the TSX Venture Exchange.
The Company can earn a 60% interest in the Santa Lucia property from Kootenay Gold Inc. by spending $2,000,000.00 on exploration and making various cash and share payments over a four year period.
About Copper Creek Gold:
Copper Creek Gold Corp. is a Canadian based mineral exploration company actively exploring in Northern British Columbia and Mexico. The Company holds two exploration projects, the Bonsai Property located in the Eskay Creek region of Northwest British Columbia, Canada, and the Santa Lucia Gold Property located at Sonora, Mexico. The Company may earn up to a 70% interest in the Bonsai property from Teuton Resources Corp. and a 60% interest in the Santa Lucia property from Kootenay Gold Inc. subject to approval by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
James Anderson, President
FOR FURTHER INFORMATION CONTACT
James Anderson, President
Tel. 604-662-3004, ext. 105
Cell: 778-989-5346
james777anderson@gmail.com

Source: Company website

Today we did our most speculative buy ever: Copper Creek Gold. (TSXV:CPV) we bought at CAD$ 0,075 investing just a very minor part of our capital, since this buy is very, very speculative. This company has used very modern methods in finding their targets. Electro-magnetic (EM) data was used to determine where to drill, the results from the last two drill holes look very promising. We expect that a new drill program will be scheduled for next year. The company claims are very close to the famous Eskay Creek Mine.

Yesterday this new addition to our portfolio announced the results of the last two drill holes of their Bonsai Project.  Although precious metal grades discovered to date have been disappointing, the Company remains optimistic. Broad areas of disseminated sulphide mineralization have been noted in all 11 holes drilled to date. This mineralisation can at times be observed over hundreds of meters in drill core. The sulphide mineralisation intersected to date can be directly correlated to the IP charge-ability anomalies that were targeted by this seasons drilling. This large zone of sulphide mineralisation can now be traced for 800m in length, and up to 300m in depth.

Copper Creek Gold Copr. News Release:

VANCOUVER, BRITISH COLUMBIA – November 22, 2010 – Copper Creek Gold Corp. (TSX VENTURE: CPV) reports it has received assay results for the remaining four drill holes, BZ10-008 thru BZ10-011 from the Bonsai property located in the Eskay area of British Columbia.
During the summer exploration season, the Company drilled 3,460.86 metres of NQ2 diameter diamond drill core in 11 drill holes on its Bonsai property, 6km southwest of Barrick Gold Corp.’s past producing Eskay Creek mine. Results from holes BZ10-001 thru BZ10-007 have been previously released. Results from the remaining drill holes BZ10-008 thru BZ10-011 are found as this link . Anomalous silver mineralisation was intersected within 3 of the 4 drill holes reported.

Although precious metal grades discovered to date have been disappointing, the Company remains optimistic. Broad areas of disseminated sulphide mineralization have been noted in all 11 holes drilled to date. This mineralisation can
at times be observed over hundreds of meters in drill core. The sulphide mineralisation intersected to date can be directly correlated to the IP charge-ability anomalies that were targeted by this seasons drilling. This large zone of sulphide mineralisation can now be traced for 800m in length, and up to 300m in depth.
The Company will be consulting with its advisors over the winter season to develop a plan to further explore this large, intriguing zone of mineralisation, as well as to extend exploration to other prospective areas on the Bonsai property.
The Company also hopes to soon be in a position to update shareholders with regards to upcoming exploration plans on its Santa Lucia gold project in Sonora, Mexico.
Kristian Whitehead, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company. All samples are being assayed by ALS Minerals of North Vancouver, BC. and undergoing a QAQC program which includes standards, blanks, field duplicates and preparation duplicates.
About Copper Creek Gold:
Copper Creek Gold Corp. is a Canadian based mineral exploration company actively exploring in Northern British Columbia and Mexico. The Company holds two exploration projects, the Bonsai Property located in the Eskay Creek region of Northwest British Columbia, Canada, and the Santa Lucia Gold Property located at Sonora, Mexico. The Company may earn up to a 70% interest in the Bonsai property from Teuton Resources Corp. and a 60% interest in the Santa Lucia property from Kootenay Gold Inc. subject to approval by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
James Anderson, President
FOR FURTHER INFORMATION CONTACT
James Anderson, President
Tel. 604-662-3004, ext. 105
Cell: 778-989-5346
james777anderson@gmail.com
Bing Jung, CEO
Tel. 604-662-3004, ext. 101
www.coppercreekgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Copper Creek are forward looking-statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Copper Creek’s plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks inherent in the oil and gas and mineral exploration industries and from the time to time in the filings made by Copper Creek. Copper Creek makes all reasonable efforts to update its corporate material, documentation and forward-looking information on a timely basis.

Source: Company website