miércoles, 8 de febrero de 2012

MSTG - Major Mining Law Development

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Mustang Alliances (MSTG) had a very strong day because it showed there was a lot of support on the bid which quickly turned the previous days pullback into a nice 6% gain today!

On top of that MSTG just released some groundbreaking news that there is a new mining law that has submitted to Honduran congress for approval that will try to attract more investment to its mining sector, the details of the new law include an acceleration of the licensing process and simplification of rules for mining companies planning to operate in Honduras.

An official in the Honduran government is quoted in a Honduran newspaper as being confident the law will pass by the end of this month!

Robert Faber President of MSTG and former President of Comstock Mining (AMEX: LODE) where he led their transformation into an AMEX listed company with mineral reserves in excess of 1 million ounces of gold said:

"This indicates that the government of Honduras is serious about encouraging private sector investment in the mining sector. The passing of the Mining Law will stimulate investment and provide a framework for the big mining companies to return to Honduras."        

Some of the big companies he is referring to may very well decide the MSTG is a great takeover target and if that is the case it could send the price of the MSTG stock through the roof!

This is very exciting news and we will continue to update you on further developments!

Read the full press release here!


 
 
  Honduran Gov. Votes to Ease Barriers Blocking Foreign Gold Developers!  
     
     
 
That Makes The Multi-Million-Ounce Honduran Gold Prospects Belonging to Mustang Alliances (MSTG) A Strong Takeover Target For Goldcorp, Newmont or Barrick!

The majors all know a Canadian Certified report suggested...
 
     
  Over $1 Billion Worth of Gold  
     
     
 
Timing is everything.

When a Jr. exploration company makes a major announcement -- new drill results, a certified survey report, or late-breaking news catapults it into the spotlight -- a formerly-speculative penny gold stock can rapidly increase in value.

That's because . . .
 
     
 
     
  The major gold producers are paying big bucks for the little gold companies who do the hard work of finding new gold reserves!  
     
     
 
That's when you see these Jr. gold stocks rack up spectacular gains of 500%. . . 800%. . .even 1,000% in a matter of weeks and (recently) as much as 1,500% in a year or less!
 
     
  Mustang is sitting on at least $1 billion worth of gold, plus potentially hundreds of millions worth of silver  
     
 
All the details are in a copiously-documented, extremely technical proprietary geological report prepared back in 1997 for Battle Mountain Gold (now owned by Newmont) and Mar-West (purchased by Glamis Gold which merged with Goldcorp in 2006).

You can access the Report at Mustang-Gold.com, but here's the key finding, and conclusion. . .
     
  ". . .the properties contain multi-million ounce gold potential!"  
     
I've read this report myself and, in a nutshell, what it suggests to me is...
 
 
     
 
On top of the potential $1.7 billion worth of gold, there's probably an additional hundreds of millions worth of silver in its two concessions! The silver to gold ratio in recently taken samples is running 8-9 times more silver than gold!
 
     
  A Major opportunity for you...  
     
 
And the bad news for the majors who paid for this Technical Report was that in the late 90s, Honduran regulations blocked the mega-miners (Newmont, Barrick and Goldcorp) from developing the kind of large-scale, modern operations needed to work a world-class, $-billion-plus gold resource. So the big international players walked away. And this gold-rich area has been mined only by locals using "pick and shovel" methods .
 
     
     
  That's about to happen, because. . .  
     
  Honduras is opening the opportunity door!  
     
  I don't think the investment community is aware of it yet, but here's the blockbuster that I believe could send Mustang (MSTG) soaring at any moment:

After years of corruption and repressive government, the country's new leaders have voted to welcome competition from foreign developers.

In early 2011, Honduran President, Pepe Lobo and the National Congress, all elected in November 2009, after the military coup against the government of President Zelaya, passed legislation designed to encourage foreign development.
 
     
 
As a result of the new laws, Barrick Gold has already begun to position itself having partnered with the TD Bank and a Canadian Shield Fund traded on the Toronto Stock Exchange in a Honduran development in the Trujillo area.
 
     
 
And that means two of the concessions belonging to Mustang Alliances (MSTG) could become sitting duck takeover targets for Goldcorp, Barrick or Newmont. With. . .
 
     
 
A long and proven history of gold mining...
A modern geological survey that indicates the probability of a multi-million-ounce gold resource...
A drill sample with a gold value of an astonishing 305.2g/t...
And a silver to gold ration of 8-9 to one...
 
     
     
  All the majors are anxious to move in on this gold-rich and very-undeveloped region of Central America...  
     
  Industry Takeovers Are On A Record-Setting Pace!  
     
  As the price of gold has risen, the takeover value of Jr. gold exploration companies has outpaced pure gold by ten-fold and more.  
     
 
According to Paul Murphy, Ernst & Young's mining and metals analyst, in the first half of 2011 the value of completed gold and silver deals more than doubled to $96 billion from the same period in 2010. He estimates the full-year total will surpass the $114 billion of 2010 to reach an all-time high as producers such as BHP Billiton Ltd., Barrick and Goldcorp. search for new sources of gold and silver

Like I said, timing is everything.

And the recent easing in Honduran mining regulations makes it important that you act now while Mustang Alliances (MSTG) is still trading around $1.

Click the link below to find out how stocks in similar situations made gains of over 500% in a day around $1 a share.
 
     
   
     
  Disclaimer: http://oi41.tinypic.com/o8rzi1.jpg
 
   
     

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