October 28, 2013 Near Term Opportunities Abound for Laredo Resources Corp.Over half of all of the world’s publicly traded mining companies are based in Canada. Many of these firms are early to middle stage exploration companies that may not generate real success for a few years. Moreover, many of the mining claims tend to be purely unpatented rather than patented claims. In contrast, Laredo Resources Corp. (OTCQB – LRDR - $0.085 – Spec Buy) appears to be on the verge of cashing in on some of the material found on the patented claims on its site in southwestern Montana, which would have a major positive impact on the value of the company’s stock. Laredo Resources is accomplishing this feat by leveraging a long history of mining success on its site. The Company acquired the rights from Magna Management Ltd. to the property known as Pony Mountain Gold which is located in the Mineral Hills District in southwestern Montana. The property is a proven producer of gold dating back to the 1800’s. The underground hard rock vein sites consist of several properties assemblies of which several have been previously explored and mined. It is estimated that over 300,000 ounces of gold were mined. This 4,000 acre package of properties has 128 patented and unpatented mining claims. This aspect is significant for investors as patents or deeds are only issued to owners that have proven to the federal government that locatable minerals such as gold can be extracted. This notion dovetails perfectly with pending near term milestones for Laredo. With approximately 100,000 tons of dump material on the site that could produce gold, the size of the near term opportunity is simply huge. Earlier this month the process of hauling from dumps of ore material located on the Pony property to a staging area at the base of the property, in order to be prepared for crushing and shipping has already commenced, thus generating profitable activity for the company and its shareholders. As management executes its very achievable and conservative operations plan, investors are poised to be rewarded. For more information, refer to our previous sponsored LRDR Reports, Updates and Hot Topics by visiting www.GoldmanResearch.com
You Might Also Like
Senior Analyst: Robert Goldman Analyst Certification Disclaimer Goldman Small Cap Research is not affiliated in any way with Goldman Sachs & Co. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research did not make an independent investigation or inquiry as to the accuracy of any information provided by the Company, or other firms. Goldman Small Cap Research relied solely upon information provided by the Company through its filings, press releases, presentations, and through its own internal due diligence for accuracy and completeness. Such information and the opinions expressed are subject to change without notice. A Goldman Small Cap Research report, update, article, or note is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. This publication does not take into account the investment objectives, financial situation, or particular needs of any particular person. This report does not provide all information material to an investor’s decision about whether or not to make any investment. Any discussion of risks in this presentation is not a disclosure of all risks or a complete discussion of the risks mentioned. Neither Goldman Small Cap Research, nor its parent, is registered as a securities broker-dealer or an investment adviser with FINRA, the U.S. Securities and Exchange Commission or with any state securities regulatory authority. ALL INFORMATION IN THIS REPORT IS PROVIDED “AS IS” WITHOUT WARRANTIES, EXPRESSED OR IMPLIED, OR REPRESENTATIONS OF ANY KIND. TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, TWO TRIANGLE CONSULTING GROUP, LLC WILL NOT BE LIABLE FOR THE QUALITY, ACCURACY, COMPLETENESS, RELIABILITY OR TIMELINESS OF THIS INFORMATION, OR FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES THAT MAY ARISE OUT OF THE USE OF THIS INFORMATION BY YOU OR ANYONE ELSE (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, LOSS OF OPPORTUNITIES, TRADING LOSSES, AND DAMAGES THAT MAY RESULT FROM ANY INACCURACY OR INCOMPLETENESS OF THIS INFORMATION). TO THE FULLEST EXTENT PERMITTED BY LAW, TWO TRIANGLE CONSULTING GROUP, LLC WILL NOT BE LIABLE TO YOU OR ANYONE ELSE UNDER ANY TORT, CONTRACT, NEGLIGENCE, STRICT LIABILITY, PRODUCTS LIABILITY, OR OTHER THEORY WITH RESPECT TO THIS PRESENTATION OF INFORMATION. For more information, visit our Disclaimer: www.goldmanresearch.com |