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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (20067)11/15/2004 3:11:21 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 313466
 
Forget SUR....Sir Micahel Alexander just downgraded it:

"Bullish on gold and China's role in the metals market? I strongly recommend you read this E-mail.

Goldrea Resources Corp., is an exploration and development company having strong management and a Board of Directors with a proven track record for the discovery of mineral deposits in North America and Central America . The company will now be focusing 70% of its energy and resources to work rapidly toward becoming a gold producing company in China .

To this end the company is completing a co-operative joint venture with China Rushan (located in Shandong Province ) to explore along strike and down dip from their existing 1750 TPD open pit gold producer. The license entails some 65,000 hectares with the major focus being three areas on the mineralized horizon located on the east and west sides of the Shandong Daye Mine. The joint-venture area on the east and west zones contain an inferred resource of 22.10 tonnes (707,717 oz) of gold.

Shandong Province currently produces 26% of all the gold produced in China.

It is of interest to note that Gold Fields Ltd. has recently announced a joint-venture interest in similar gold properties located in the Shandong Province.

Recently 6,430,100 units at a price of $0.20 per Unit raised gross proceeds of $1,286,020.

The private placement was fully subscribed for, again showing investor confidence in Larry and the properties. Proceeds from the Private Placement will be used toward the Chinese joint-venture, exploration on British Columbia and Arizona properties, and general working capital.

Each unit was comprised of one common share of Goldrea Resources Corp. plus a two-year share purchase warrant. Each share purchase warrant entitles the holder to purchase one common share at a price of $0.25 for two years from the date of issue.

Mr. Reaugh has an incredible relationship with China Rushan and the joint venture is something I expect will bring extremely favourable results. Both parties are very excited about the properties and feel this joint venture positions them very nicely as we head into what appears to be a sustained bull market in metals.

Many of you have expressed concern in selling SUR at a loss to buy Adanac. The principle reason appears to be a reluctance to sell holdings in an "Asian" gold play, to buy a British Columbia Molybdenum play. Well, here is an opportunity for you. Goldrea at current share price effectively gives you 2 for 1 shares. Sell the SUR and take your tax loss, buy the GOR and double your position and if Goldrea even so much as doubles (something I think you'll agree is highly likely) you make your money back plus.

I truly believe that in showing you Adanac Moly Corp. and Goldrea Resources Corp. that I have given you arguably the best one-two punch in the sector. A position in both is something I think you'll find will make for very nice returns.

Just so that I am not alone in my assessment I include two PDF files. One is an interview done with Larry Reaugh by Canadian Miner and the other is an eResearch Report.

Take the time to do some due diligence on this one. Gold continues to enjoy a surge not seen for over two decades, report after report is being released in the main stream media in regards to gold and many countries are reporting a move back to the gold standard and gold backed currency. Of course the fact a lot of, if not most of, these developments are coming out of China which just happens to be where this property is and the recently agreed upon joint venture was signed.

Larry Reaugh is back in China for another 4 days of meetings in regards to Goldrea and Adanac. This marks his second trip there in as many months. Draw whatever conclusions you choose from that, but my money is on both of these companies positioning themselves for a bright and very successful future.

GOR-V is currently trading at $0.27. Under valued? You bet!

STRONG BUY

Continuing to bring you the best and brightest,

Michael Alexander
Accelerated Capital Investments Ltd.
Phone: 519-471-3243
E-mail: alternative@rogers.com
Company web site: goldrea.com



To: Canuck Dave who wrote (20067)11/15/2004 4:19:43 PM
From: rubbersoul  Read Replies (2) | Respond to of 313466
 
Dave, XRC is looking really good. They only have a 20 million market cap for what they have. It was trading around 1.15 last week. It's up almost 8% today.
This thing is held tight and in my opinion is one of the best juniors out there.

John



To: Canuck Dave who wrote (20067)11/15/2004 4:42:45 PM
From: geo in vancouver  Respond to of 313466
 
I mentioned CXX last week. It has gone positive since then but has room to go further. Written up by Roulston who, like Claude, is not paid by the company.
FWIW I am long
geo