RSS Feed Creator Pro 5 Apr 2011 19:41:44 GMT Articles by Andrew G. Racz: World - US Economic & Political Insight. http://www.andrew-racz.net en Great Panther Silver Limited, headquartered in Vancouver, Canada, is one of the fastest growing primary silver producers in Mexico with strong leverage to future rises in the price of silver. The Company owns two operating mines in Mexico, and employs over 800 people. 29 Mar 2011 19:44:43 GMT http://www.andrew-racz.net/great_panther_silver.htm 8B2CBB07-D019-4F47-AB0A-A8B635A18842 From Wall Street to Hong Kong, $3 trillion government debt descended upon the world. Unsecured and covering only one year of overspending, this growing freely floating paper currency, with no gold coverage, is ushering in a World Crisis. 17 Mar 2011 20:25:58 GMT http://www.andrew-racz.net/marshall_plan.htm 9179409F-DD14-41A3-A233-F86A1D0598B0 In 1980, I recommended Bunker Hunt for the Nobel Prize in Economics. He was the first person who invested in Hard Assets, including gold, silver and sugar. 24 Feb 2011 12:28:24 GMT http://www.andrew-racz.net/houston_hunt.htm 1776CA85-057D-4580-A0DF-325765D6A763 Esperanza Resources is a rapidly emerging company committed to the development of its advanced stage, precious metals projects. Since startup in 2002 its geologists have discovered these two exceptional gold projects - San Luis, a joint venture in Peru and the 100% owned Cerro Jumil in Mexico. 23 Feb 2011 17:17:39 GMT http://www.andrew-racz.net/esperanza_resources.htm 54D24B18-00BC-48EF-88D2-AF90B1F11948 In the past year, the Douglas Lake Minerals (OTC BB: DLKM) team has made a strategic decision to focus exclusively on its two highly prospective gold properties - the recently purchased Handeni Gold Project and the Mkuvia Alluvial Gold Project. The 800 square kilometer Handeni property will be explored under the guidance of Dr. Reyno Scheepers and is located directly adjacent to Canaco Resources' highly prospective Handeni Gold Project (TSX.V CAN). The 380 square kilometer Mkuvia property is being developed by a joint venture company run by Douglas Lake Minerals' partner. 11 Jan 2011 18:29:25 GMT douglas_lake_minerals_2.htm D8AC375E-DFF0-4FE2-85E6-257ACE082CC4 After September 11, Peter Lynch of Fidelity gave the advice.... "Betting Against The United States Was Always A Bad Bet!" 10 Dec 2010 15:38:49 GMT http://www.andrew-racz.net/do_not_bet_casablanca.htm 8254A8AC-425D-4C3E-8C42-345811A9449B Platinum's sister metal has rocketed up 65% in price since January and some believe that it could reach $1000 if Russian stock sales cease. 8 Dec 2010 20:37:43 GMT http://www.andrew-racz.net/palladium.htm 3A009EC6-7FDB-4249-8DD2-95195CAAE342 In 1945, I was afraid of Communism. In 2010, my fear is of accumulating educational expenses. If the truth be told, the Racz family had more hope in 1945 than in 2010. In 1936, the German Foreign Minister told Winston Churchill -- "The final enemy is Communism!" 19 Nov 2010 18:14:28 GMT http://www.andrew-racz.net/full_circle.htm 4E8580C2-55C1-468B-A9F2-49BD0EE7AB63 REMX - NYSE ARCA ~ MV.RARE EARTH/STRATEGIC METALS In the last few days of October, 2010, Van Eck launched a new ETF which would capitalize on the various companies' progress in what is called the rare earth metals phenomenon. In view of the fact that there aren't many rare earth companies that can be considered at this stage as investment potential, the ETF has included companies in related fields, therefore eliminating the concept of pure plays in the business. Accordingly, the ETF is called Market Vectors Rare Earth, Strategic Metals to cover the real and related field of rare earths. 8 Nov 2010 16:07:34 GMT http://www.andrew-racz.net/remx.htm 3E974472-946E-4BAA-98E3-E2A950E04F80 SilverCrest Mines Inc. is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100% owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a high grade, epithermal gold and silver producer, with an estimated life of mine cash cost of less than US $375 per ounce of gold equivalent. SilverCrest anticipates that the 2,500 tons per day facility will produce approximately 35,000 ounces of gold and 600,000 ounces of silver per year from the open pit heap leach operation. 26 Oct 2010 21:06:29 GMT http://www.andrew-racz.net/silvercrest_mines2.htm A04466BA-7E8E-421F-89CA-379B45B46A15 "It is the opportunity created by the Brave New World of the newly born Rare-Earth Universe." 25 Oct 2010 23:05:08 GMT http://www.andrew-racz.net/cache_exploration.htm 5C8FCD5D-81B1-47EA-B478-29798DA8FF9A "It is the opportunity created by the Brave New World of the newly born Rare-Earth Universe." 22 Oct 2010 23:05:08 GMT http://www.andrew-racz.net/cache_exploration.htm 5C8FCD5D-81B1-47EA-B478-29798DA8FF9A Silvore Fox Minerals Corp. is a company that has been exploring primarily for base metals. It is in copper, gold and molybdenum at two properties in south eastern Cape Breton Island, Nova Scotia; Coxheath and Oceanview Properties, as well holding Joint Venture interests in Gold/Cobalt and base metal at its Nictaux Dam and Shortliff Lake Properties, respectively. 29 Sep 2010 15:09:55 GMT http://www.andrew-racz.net/silvore_fox_minerals.htm ED115E8B-C79C-446C-B15D-1281B4659C16 Almaden Minerals is an exploration company specializing in the generation of new mineral projects -- particularly gold, silver, and copper -- with world-class potential in he western half of North America. 16 Aug 2010 20:47:33 GMT http://www.andrew-racz.net/almaden_minerals.htm F1658D32-AFF5-4022-BC80-0F83187C8C4C Listing of heads of state with whom I had personal and professional relationships. 12 Aug 2010 18:56:21 GMT http://www.andrew-racz.net/the_path.htm 3481BA64-6B36-457D-A53B-DD10498B66AF Gold surged and China's decision to drop the yuan's dollar peg boosted commodity prices. There's rising demand for silver, or "poor man's gold." 25 Jun 2010 00:42:02 GMT http://www.andrew-racz.net/silver_dragon_resources2.htm 822E19E7-BB82-41C0-B2CE-47AEDDE6F2F3 In the 1930s, five Hungarian scientists came to America . . . and completely changed America. 15 Jun 2010 22:12:16 GMT http://www.andrew-racz.net/hungary.htm 06A65B2E-5E69-407F-A5E3-B09765E2B7CC A not-futuristic story. The American people and the people of Texas knew about the Hunt family for almost fifty years. In 1979, Bunker Hunt broke through on the world scene with his aggressive accumulation of silver. Financial transactions of Mr. Hunt have shaken up the whole world, and it was difficult for anybody in the world of finance to not take notice of Bunker Hunt. 25 May 2010 01:50:03 GMT http://www.andrew-racz.net/bunker_hunt_2010.htm B867B834-EED2-4F16-8524-36C6201C125D Arafura has a rapidly growing REE-phosphate-uranium project in Australia's Northern Territory. An Aus. $23 million investment by the East China Mineral Exploration and Development Bureau will assist the company through a bankable feasibility study (BFS) and to production in 2013. A favorable BFS can create mining in early 2013. 15 Apr 2010 13:40:44 GMT http://www.andrew-racz.net/arafura.htm 92FF8567-01BE-4179-B41F-A9D9C2B0273B A potential change happened when Governor John Corzine became Chairman and CEO less than two weeks ago. He was chairman of Goldman Sachs. Christopher Flowers, whose investment bank owns 15% of MF. Mr. Flowers was Mr. Corzine's partner at Goldman Sachs. 7 Apr 2010 20:08:24 GMT http://www.andrew-racz.net/mf-holdings.htm 546E623A-DFAC-450B-B57E-2B639270174C This is an interview with Peter Cashin, President and CEO of Quest Uranium Corp. 6 Apr 2010 03:01:38 GMT http://www.andrew-racz.net/quest.htm 7594C546-E324-4284-946A-380A2C6911D2 This is an interview with Dr. Matthew James, Executive Vice President of Lynas Corporation, which is perhaps the world's largest rare element developing company. It's a field which is full of mystery. 20 Mar 2010 17:08:14 GMT http://www.andrew-racz.net/lynas.htm AA831B85-9C59-46CE-B73B-4A925E1D0AE9 "Rare Element Resources Ltd. is a publicly traded company exploring for gold and rare earth elements (REEs). The company holds 100% interest in the Bear Lodge property, which hosts the largest disseminated REE deposit in North America (US Geological Survey Professional Paper 1049D), as well as extensive gold occurrences." 9 Feb 2010 21:32:56 GMT http://www.andrew-racz.net/rare_element_resources.htm 9402BBA5-E27D-4104-87BD-6146A70BEB9B "Mexco Energy can surprise the market with a rapid explosion of EPS. Such event can set in motion a series of transactions that will reward the current stockholders in a possibly unusual manner. " 5 Jan 2010 03:44:02 GMT http://www.andrew-racz.net/mexco_energy.htm 6E7A4C9E-AD08-4B9A-BFF1-E0A494B21F30 "Mr. Buchan is an international industry veteran, and is expected to widen the audience with investors." 16 Dec 2009 19:21:33 GMT http://www.andrew-racz.net/claude_resources2.htm 47CCBE3B-6052-4A78-8825-89955F232E80 "Silver is not only a basic metal....Silver has always created history." Interview with David Morgan. 26 Nov 2009 01:12:47 GMT http://www.andrew-racz.net/silver_spirit.htm 3D659E94-4A78-4BA6-BE67-7524E53B45F1 American billionaire, John Paulson, with $30 billion is betting on gold. China, with $2 billion, plus $500 billion yearly surplus income has discovered gold. 20 Nov 2009 13:34:20 GMT http://www.andrew-racz.net/casablanca.htm F9C90E39-DCA7-4A15-A66B-AC0C3BA4889E Sutter Gold Mining Inc is a junior gold exploration and development company, pursuing the goal of becoming an emerging producer through the evaluation of the development of its two properties: The Sutter Gold Project on the California Mother Lode in California and the El Alamo Project in which the company holds the rights to a geologically similar, high grade property, located in the northern Baja region of Mexico. 17 Nov 2009 04:10:41 GMT http://www.andrew-racz.net/sutter_gold_mining.htm 5AD15529-FB8C-4741-9940-5CD785150223 There is ample proof, and it is all on the Internet, that Bernie Madoff did have friends. Unfortunately, they tell you he gave an interview in jail mentioning in the press that Arthur Levitt and Mary Schapiro, the past and current chairmen of the SEC, were his "friends". The fact is they were not his friends and he didn't do business with them. 4 Nov 2009 19:20:00 GMT http://www.andrew-racz.net/whose_friends.htm 084BC4EE-8894-4C2F-B070-6DD58F601B83 Historically and presently, the company has changed its asset base so that at any one time, the various commodity holdings would increase in value and therefore increase the market capitalization of the company. As of today, U.S. Energy has a basic position in molybdenum, uranium, and a growing oil and gas exploration division. 28 Oct 2009 20:42:10 GMT http://www.andrew-racz.net/us_energy.htm BE5BD2D5-4495-4400-855C-CD818973EFE8 "INTERVIEW WITH DOUGLAS W. JAMISON OF HARRIS & HARRIS" 14 Oct 2009 12:41:37 GMT http://www.andrew-racz.net/harris.htm 7F8FD858-82B1-443B-B498-0183CF35EDE8 " I presume it is romantic, but in fact, it is true. There were three companies, three stocks, three corporate presidents, who came into my life since I immigrated to the United States." 14 Oct 2009 12:35:23 GMT http://www.andrew-racz.net/three_stocks.htm D077C8E8-CB8F-4619-AF7E-7BA7D14A34B4 Operating in the nation’s most prosperous territory,The Hamptons It has 6M shares, $120M market value, No debt, no hidden liability $850 M deposits. It is a community bank with a future. 23 Sep 2009 03:26:19 GMT http://www.andrew-racz.net/bridge_bancorp.htm C8A757B4-CECF-40EA-9C25-2BFBDE22F32E What we have to keep in mind is that in three year's time, if the $110M is left intact, Entree will have a cash flow coming out of Mongolia of $50M ! 3 Sep 2009 19:41:39 GMT http://www.andrew-racz.net/entree_gold_sept2009.htm 5AEE0118-AD9A-4B19-BCFF-59116E0F5728 In 1950 members of the Truman administration were in total disarray. Members of the cabinet asked "who lost China". 60 Years later copper and gold have been discovered in Mongolia. 60 miles north of the Chinese border the potential copper production represents a value of $3 Billion, $1,000 for every Mongolian. The corresponding gold production may reach $1 Billion. However as the world economy indicates, much higher commodity prices the combined gold and copper production may reach over $2,000 for every Mongolian per annum. 16 Aug 2009 22:41:14 GMT http://www.andrew-racz.net/who_lost_mongolia.htm 49343012-2E4B-47C4-98EF-0DB7627B5319 Mongolia has natural resources beyond the dreams of almost any other country except perhaps South Africa, Russia, Canada or the U.S. It is estimated that the uranium, gold and copper reserves in Mongolia, if projected out for thirty years, would bring in a total revenue of over one trillion dollars. 15 Jul 2009 20:04:09 GMT http://www.andrew-racz.net/sanj_bayar_nobelpeaceprize2.htm D409B3EB-3B4F-48F8-9FBB-1D16CEAAD57B Gold exploration companies became popular in the last two years on the market. What is the reason for that, and what is the outlook for the continual popularity? 7 Jul 2009 23:06:26 GMT http://www.andrew-racz.net/romios_gold.htm D04483B7-744F-4605-B542-27D1C0540200 Canada had three achievements in the Second World War. First, they delivered more airplanes for the Battle of Britain than any other nation. Two, they were a force in the landing in Normandy. But the third was most important. They learned an expression from Winston Churchill. 7 Jul 2009 00:06:47 GMT http://www.andrew-racz.net/grand_alliance.htm 83567689-9376-46DC-8EF5-5D58606B79C2 Ireland Inc. has spent five years in developing its gold reserves. It has used up over $15 million of private money. Within three months there might be a 43101 confirmation of over 3M gold reserves. This would be Chapter I in Ireland Inc.'s history. Chapter II is raising money and expanding the growing confirmed mineral base. 16 Jun 2009 16:01:50 GMT http://www.andrew-racz.net/ireland.htm DD1EEAB7-9BD9-4359-9FFC-4D7D8A441291 Interview with: Nolan Watson President & CEO of Sandstorm Resources, Ltd. 23 Jun 2009 04:31:21 GMT http://www.andrew-racz.net/sandstorm_resources.htm F1652E5F-FAE0-487A-A010-1C255CFD2A01 "It was a summer evening. The evening news on August 15, 1971. President Nixon announced the most drastic changes in American finance. He closed the gold window; foreigners couldn't buy gold with their respective currencies; gold from the U.S. Treasury and the dollar became a floating currency. It was one of the most fundamental changes in American monetary policy. Basically, the United States stopped financing the trade surplus of the rest of the world." 5 Jun 2009 20:38:23 GMT http://www.andrew-racz.net/gold_at_1000.htm 10E0CB01-577F-4F83-AA53-6AEF6D3BC847 "Our most important corporate feature is our asset base. The asset base in our company can produce for us significant cash flow and create financial stability." 28 May 2009 14:23:14 GMT http://www.andrew-racz.net/claude_resources.htm 6E8E7881-CCC3-4E8C-9AD0-6963BFE96307 BMG BullionFund's investment objective is to provide a secure, convenient, low-cost, low-risk alternative for investors seeking the benefits of capital preservation, appreciation, portfolio diversification and hedging that only bullion ownership can offer. 11 May 2009 22:43:49 GMT http://www.andrew-racz.net/bullion.htm 3FD454A8-AE32-4609-BB02-32AE9AA916A2 For the first time in our history we have deleted a report on a company (Golden Hope Mines, Inc.). 5 May 2009 16:29:24 GMT http://www.andrew-racz.net/golden_hope_mines_retraction.htm CF537209-B014-4F54-BA70-B88AD1E9C4AA SilverCrest is an exploration and development company seeking high-grade silver and gold deposits and exploration properties in Mexico and El Salvador. The current portfolio includes reported indicated and inferred silver resources, with substantial potential to be acquired as silver assets in the future. 2 Apr 2009 01:39:25 GMT http://andrew-racz.com/silvercrest_mines.htm 3275501F-86CA-4BA1-91D4-47D6DD44C647 Silver Dragon's main goal is to convert its Chinese resources, estimated to NI43-101, complying estimates. The first report would lead to production. During the third quarter of 2008, the company secured $5.5 million as part of a $13 million financing package. Of this amount, a million came from a private placement with an entity designated by Chinese partners. As a result, the Chinese government, the suppliers of the money, now own 10% of Silver Dragon. 27 Feb 2009 23:54:53 GMT http://www.andrew-racz.net/silver_dragon_resources.htm 123D4E86-35F8-454D-9C50-FBA62A7B84C2 If the price of gold goes up, the bonds are attractive. If the company obtains money via gold-indexed dividend bonds at a time when most companies cannot raise money, their stock is likely to go up and the bonds are converted. Why do we trust in gold? 27 Feb 2009 01:14:13 GMT http://www.andrew-racz.net/in-gold-we-trust.htm C98E8927-EA6F-4CE6-A368-4703FBBE8815 Entrée Gold has been built up in the last three years by a series of transactions whose careful conglomeration of transactions will one day be taught, if not at Harvard Business School, then in Ulaan Baatar. 21 Feb 2009 14:15:01 GMT http://www.andrew-racz.net/entree_gold_asset.htm 10D533B2-6579-4E1C-89FE-441796523C5D "All these men were great achievers - but only Richardson reached the threshold of the Presidency." 12 Jan 2009 21:15:01 GMT http://www.andrew-racz.net/safra-madoff-richardson.htm E03C6E16-D27A-4806-9C91-C296D0DA1D2B Silvermex's primary objecvtive is to increase shareholder value through the discovery, acquisition, and development of near-surface, advanced-state silver deposits in Mexico. The company holds an impressive 85,000 acres of mineral claims located in Mexico's most prolific silver producing regions. 13 Dec 2008 20:30:07 GMT http://www.andrew-racz.net/silvermex.htm 3B22B939-1B8E-456E-BEED-67AC49CBDFBE "Mongolia may become the tenth richest country in the world, but it has to avoid politicking and has to learn one of the key benefits of the 21st century: The use of mathematics." 3 Dec 2008 23:59:08 GMT http://www.andrew-racz.net/Mr_Prime_minister2.htm FC429A46-6C72-434C-8208-C2C1F5862BA1 U.S Gold is engaged in the exploration and mining of gold & silver in Mexico and Nevada. 1 Dec 2008 23:40:21 GMT http://www.andrew-racz.net/US_Gold_Corp2.htm AC7D06A7-2484-4EC5-8D5F-5B0384E364DB Rubicon Minerals is a gold exploration company which by definition engages in the acquisition, exploration and development of gold and base metal deposits in North America. Its holdings are in three geographic areas. 5 Nov 2008 14:58:05 GMT http://www.andrew-racz.net/rubicon_minerals2.htm DCA7A72A-4B50-46A4-BD1F-B1D757BE699C There are many presidents of public companies today who look at a hoard of gold coins and say, My company Needs You! 29 Oct 2008 13:24:20 GMT http://www.andrew-racz.net/gold_coins.htm 6DA6B3B5-E4A3-4D11-8377-916DF7A11D92 During this 2000 years of history, the Chinese never had money. After registering its first 1.0 trillion savings in the year 2001, a long list of troubled foreign investment followed. Turning to the study of world monetary history - they began to put their hard earned money to GOLD. In particular Gold-Coins. 20 Oct 2008 22:30:50 GMT http://www.andrew-racz.net/chinese_millennium.htm 4725963C-BEB3-4ED8-BA04-FD29E8D26EAA JNR Resources Inc. (TSXV: JNN) is a Saskatoon, Saskatchewan-based junior uranium exploration company that firmly believes the name of the game is aggressively exploring on the ground and drilling targets. JNR's primary focus is on uranium exploration in Saskatchewan, in particular the uranium-rich Athabasca Basin. JNR is also active in southwestern Saskatchewan and central Newfoundland. The company has been involved in uranium exploration since 1997. 30 Sep 2008 12:21:36 GMT http://www.andrew-racz.net/jnr_resources.htm 7DEBD03A-0541-4CF1-A976-FD9BD28811DB There Are Three Immigrants In Front Of The Court - The Court Of World Opinion Alaska in 35 years not only built pipelines but cities, shops, new homes, luxuries. Today, with $150 per barrel oil, every citizen builds a new home and plans to have a speedboat. Three million barrels of oil a day, at $200 a barrel, and some Alaskans will misspell their names for Dubai. 24 Sep 2008 22:39:49 GMT http://www.andrew-racz.net/three_immigrants.htm 7FFDFFB6-FF89-4E79-990E-7BE17B77FA21 Can we form what's called "The Second OPEC"? 11 Sep 2008 14:48:08 GMT http://www.andrew-racz.net/governor_hickel.htm F7E6EB2C-D965-4EF5-BF7E-B881BF4E3EB6 I presume I am the only eyewitness who can say that Governor Palin is telling the truth, the whole truth and perhaps the future. 9 Sep 2008 18:22:50 GMT http://www.andrew-racz.net/alaskan_queen.htm 7FA2A32A-311B-4504-BC3E-7B643A1F6614 The current trends in international finance, as well as the dislocation of the American induced monetary crisis, are creating not only the old billions of business but actually the new billions. If anything, there is more need for international investment banking and as more people work there will be more need for wealth management. These developments are not only on the multi-billion but on the multi-trillion level. It is all done by educated and principled people. This is the world that is opening for Evercore and its contemporaries. 3 Sep 2008 23:34:42 GMT http://www.andrew-racz.net/evercore_partners.htm BBD59510-C862-4CD6-B686-D14EA85E5EAA Three shining aircrafts approached Dulles International Airport. The Russian pilots had asked permission to land, identifying themselves as military airplanes which had a message for the Secretary of State. Russia and the United States were friends. 2 Sep 2008 22:06:47 GMT http://www.andrew-racz.net/stalin.htm B7325A67-0204-4D54-B956-24BD228D4376 The egg business in the entire world is segregated into individual countries. Each country produces and markets its own eggs. Exporting of eggs is, however, a greater value each year. Cal-Maine Foods Inc. (CALM) sold 685 million dozen shell eggs in the year ending June 2007, representing 15.5% of the domestic shell egg consumption. 4 Aug 2008 23:03:22 GMT http://www.andrew-racz.net/cal-maine_foods.htm C282B415-3A27-48AC-B4ED-EC46CD1C18C4 The Mongolian Revolution of 2008 is about money. It is fought to readjust social values. It is, however, a standout in history as the greatest monetary dislocation in national imagination. It may be Mongolia's finest hour. 11 Jul 2008 03:15:01 GMT http://www.andrew-racz.net/mongolian_revolution.htm E3CE308C-932F-4C4E-9ECB-CB23E4450A7A Undoubtedly, when the recently re-elected Prime Minister Sanj Bayar will invite the so-called Ivanhoe group to discuss the final mineral laws, it represents at least a regional summit that has far-reaching international implications. 2 Jul 2008 23:33:07 GMT http://www.andrew-racz.net/mongolian_newsletter-1.htm 8CDE748C-1A2A-432F-A206-73013C85BBE9 In April 2008, an obscure Vancouver-based company Goldsource Mine Inc. (GXS:TSX:V) discovered a major coal field. Drilling two preliminary wells, the preliminary results indicated a multi-billion dollar coal field that can be mined at a cost of a few million dollars. Initial costs to drill the first seven holes is estimated to be around $1 million, and the target volume is a potential two to four billion tonnes of coal. 2 Jul 2008 00:27:50 GMT http://www.andrew-racz.net/goldsource_mines.htm 09F93A1E-95A7-42A2-A51F-DAE9DB098AD6 This is a world crisis. For the first time since 1973, there is a price run on both oil and food. In 1974, the price of sugar ran to 60¢, up from 12¢, and actually created mystical stories, both on Wall Street and in Hollywood. The world leaders are meeting in Jeddah, Saudi Arabia, to warn developing countries about the cost of oil and food. 25 Jun 2008 11:52:41 GMT http://www.andrew-racz.net/douglas_lake_story.htm 0DF97666-9471-4BE5-AA5C-807EAADC3472 If Mongolia starts mining its 45 million ounces of gold reserves and 78 billion pounds of copper reserves, the initial project would be valued at $145 billion. With gold at $1,000 an ounce and copper at $4 a pound, the project eventually would be worth $200 billion. Five years later, at higher prices they would approach the figure of $1 trillion. Rio Tinto, the operator, called it "the world's largest undeveloped copper/gold resource." In two to three years, after the finance agreement is signed, we could be in business. 10 Jun 2008 22:51:15 GMT http://www.andrew-racz.net/mongolia_10th_richest.htm 0FDAAACF-B150-4D52-AB6B-8B66E58EA47B North American Gem Inc. Acquires Coal Property from Second Diamond Explorer to Hit Coal Northwest of Hudson Bay Saskatchewan Continues to add to its Coal permitting position in this new region. 5 Jun 2008 17:55:19 GMT http://www.andrew-racz.net/north_american_gem.htm