Why to own and buy more Goldstock?
871 Billion' Reasons to Buy Gold: Strategists
Published: Thursday, 24 Dec 2009 | 3:34 PM ET
Kerr sees both fiscal and monetary policies driving gold yet higher:
"The Senate just gave us 871 billion more reasons to buy some gold," Kerr declared (presumably referring to the $871 billion health care bill passed by the legislature Thursday).
"Theexcessprinting of money, the issuing of Treasurys—this is going tocontinueinto 2010," he added. "And the unwinding of the dollar—that trend will continue into 2010 and beyond."
DiGeorgia agreed with Kerr's diagnosis and added his own further reasons for gold bullishness.
Thesupply/demandfundamentals are also very important. We've heard about'peak oil'—well,we're at 'peak gold' now in production," DiGeorgiasaid.
"I expect gold to hit $1,500 [per ounce] this coming year. I did predict $1,200 when it was trading at $700-and-change in July."
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Vancouver Resource Investment Conference - January 17 & 18, 2010
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Welcome to visit us for more info at H80
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Conquest Resources Ltd. CQR - TSX - H80
"CONQUEST & GOLDCORP CHALLENGE"
Goldcorp Inc. (TSX:G)(NYSE:GG) provided highlights of its successful $110 million 2009 exploration program.
- Red Lake High Grade Zone Continues at Depth.
Several assay intervals in excess of 60 grams per tonne in the deep High Grade Zone-
support the strong potential for gold resource to reserve conversion between the 46 and 50 levels,
as well as for new gold resources belowthe 50 level.
A new and growing area of high grade gold called the FarEast Zone
has also been identified up-plunge from the High Grade Zone.
In the under-explored Party Wall area ("R Zone") between Campbell and
the Red Lake,
strong results from the deepest drilling will direct an aggressive exploration campaign in 2010.
The new and growing area of high grade gold called the FarEast Zone -
conquestresources.net
....has also been identified up-plunge from the High Grade Zone -
we see in this area of the new headframe and shaft in the background of the picture -
with a cost for Goldcorp of about $125,000,000.00 to construct -
more than $125 Million in the development beside the Conquest Alexander gold virgine property -
At the Red Lake Gold Mine -
a primary focus of exploration at Red Lake in 2009 was the early completion of the 4199 exploration drift,
enabling drilling of the deep High Grade Zone for the first time in four years.
Five assayed drill holes have been completed within the resource shape from this platform,with results
indicating the continuation of the High Grade Zone atdepth.
This year, the Company is targeting new gold reserves in the zone between the 46 and 50 levels
and new resources below the 50 level.
The 4199 exploration drift will now provide the primary exploration platform for exploration of the deep
High Grade Zone on an ongoing basis.
It will be developed progressively in order to maintain favourable drilling geometry into the area.
The Party Wall at Red Lake comprises the former boundary areabetween the Red Lake
and Campbell mines that had been previously unexplored.
Assays over the last two years have demonstrated a highgrade gold resource. Mining operations
in the shallower portions of theParty Wall have drifted toward the gold zone, with in-fill drilling
confirming the resource model.
Deep drilling of the Party Wall area tothe 38 level has resulted in some of the highest grade intercepts
todate, and will be the focus of an aggressive drill program in 2010.
Up-plunge and to the east of the Red Lake High Grade Zone lies an underexplored area
called the Far East Zone.
Assay results in 2009indicate an ore grade gold zone
at the 16 level that will continue tobe tested
as drilling moves closer to the surface.
Red Lake Drilling Results
---------------------------------------------------------------------------
Drill Approx. true
Hole Area From (m) To (m) width (m) Au (g/t)
---------------------------------------------------------------------------
D44008 High Grade Zone 49 level 360.30 365.91 4.50 931.89
---------------------------------------------------------------------------
D44004 High Grade Zone 48 level 362.41 374.29 8.11 65.83
---------------------------------------------------------------------------
D43058 High Grade Zone 49 level 322.78 325.53 2.19 120.00
---------------------------------------------------------------------------
D43059 High Grade Zone 49 level 359.36 369.94 10.58 43.89
---------------------------------------------------------------------------
D36439 R Zone 92.20 96.77 3.50 60.00
---------------------------------------------------------------------------
D41178 R Zone 663.25 670.56 4.73 45.87
---------------------------------------------------------------------------
16L1427 Far East 21.03 32.13 9.24 29.83
---------------------------------------------------------------------------
16L1426 Far East 38.40 42.67 4.00 31.70
---------------------------------------------------------------------------
GOOD LUCK AND GOD BLESS
If America is to be saved, we will have to return to a gold standard.
Until that time, if we are to be saved, then we must put our
financial assets into gold....
conquestresources.net
EX..CQR Gold virgine play bargain..beside one of the worlds richest
gold mines and lowest cost gold producers..dd....
For further information
Terence N. McKillen, President & CEO, (647) 728-4126
D. Brett Whitelaw, Vice-President, (604) 662-8633
John F. Kearney, Chairman, (416) 362-6686
Robert Kinloch, Director, (306) 343-5799
Email: info@conquestresources.net,
URL: conquestresources.net
finance.yahoo.com
conquestresources.net
conquestresources.net
MERRY CHRISTMAS & HAPPY NEW YEAR |
