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Thanks for clicking through, though we suspect a frustration with the shenanigans of Wall Street had something do with a search for something other than a "you may loose, but I always win" system of investing had to say. Those of us in the mineral exploration business, or at least those of us that consider themselves frontier Americans, have known for sometime that when the Back East "silk stocking" boys were flapping their lips, then what was coming out was at the very least, very one sided.

Want to know what "no load" is all about, then tune into a network TV commercial (i.e. the demographic designation of less than sophisticated "Non Cable Subscribers") to watch the fun of Merrill Lynch bringing a live bull into an unsuspecting couples living room. If you believe that a bovine critter lying on a white carpet is a no "BS" situation, then you can trust that everything has changed, from black to white.

Or, at the least watching talking heads with flapping lips on "sponsored" TV requires rethinking what is considered "conventional wisdom." You are reading a DotCom site. Is it a failure?

You may have heard/read that buying into a mineral exploration venture is the equivalent of owning a share in the Brooklyn Bridge. Don't you just wish your grandfather had bought into a private venture owning the toll rights to said bridge? Don't some bridges get built through bonds sold to the public?

So why the scorn about investing in mining? Perhaps it is because we understand too well the difference between hard and soft money. If you are beginning to worry that our money supply has gone from being backed by gold, and then silver, to a M1, and then M2, and now a M3 situation, where pulling a plug on a computer has serious consequences to the economy, welcome to the traditional battle between producers in the West, and the financial "interests" of the East. Unfortunately the "Cross of Gold," symbol out of 1800's politics was replaced with, "In God We Trust," and other than doing well at the box office lately, it looks as if He too may be voted right out of office.

If you are looking for some solid baseline to measure what things in a electronic money society actual are worth, consider that before the US did away with backing our pieces of paper with gold and silver, oil was $2 per barrel, and gold $35 an ounce. Apply the same formula of 17.5 times to everything else, and the obvious, becomes even more obvious. At least to those that understand that the only true wealth comes from the earth, being that if it is not grown, it is mined.

Speaking of the land being wealth is not the same as escalating real estate values, which admittedly has been the only thing that has kept us out of a very serious recession these past few years. The collapse of inflated Ponzi values in downtown Tokyo has already shown that the logic of, "they are not making land anymore," is not the same as the portability of having a gold coin sew into the lining of a tattered coat.

There is no guarantee that the house people are stretching to afford today, as it is the basis of their financial plan, will be resalable tomorrow at a huge profit. Consider that a when gold was $35 an ounce, and oil $2 a barrel, the guideline of an affordable home was considered to be twice a family's annual income. This was when most women were homemakers, but even adding that second income, how many young couples today can afford -no matter how low the mortgage points- to make a down payment on a "charming bungalow," with a price tag many times annual income?

Where the fallacy of REI2 money (real estate investment paper values) is really exposed is that using an average tract ranch house, built when gas was 20¢ a gallon, for an example, the equivalent price we pay today at the pump should be, $5.00. Using that same guideline, then gold should be hitting, at a minimum, $875 per ounce on the next up cycle — just to keep even with inflation.

Is mining cyclic? Absolutely. There are a number of financial advice sites that plot out the historic highs, and the lows, of metals with a view of showing that the wider the trough, the sharper the upturn. The historical frequency seems to average 25 years.

In 1955 the run up was fueled by the US Government's program to stockpile strategic minerals. The Office of Mineral Exploration offered low interest exploration loans, to be paid back out of production. There also were tax incentives for investing in meeting the needs of our growing society without a dependence upon unstable foreign governments.

In 1980 minerals shot up overnight to unbelievable levels. Silver hit $50 an ounce, and would have go higher if grandmothers hadn't of sold their family heirloom tableware. This run up also saw the start of the "pig" principle. It used to be that bears could make money, and bulls could make money, but the hogs lost out in the end. The Hunt brothers, who had the audacity to call themselves "country" boys showed fellow faux Texans going to jail today for corporate fraud, how to really cheat by mining something that wasn't real, and that boom was over, that fast. Ditto the dotcom bubble, burst for the very same reasons.

What will be effecting this cycle is that while America still needs metals, our mining industry has followed the trend of the multinationals avoiding overly protective (some downright stupid) environmental regulations, and US style wage packages, by making Chile the number one mining company in the world. This doesn't mean that we have avoided contamination by unwise cost cutting procedures, as the fallout of unrestricted pollution is worldwide, and unhealthy trace minerals have shown up in apples imported from Chile to destroy the profitability of growing apples in, say, Hood River, Oregon.

Sorry, that was off the point, which is that what we once considered "American" mining companies, have left the country. There has only been one major property put into production in the last 10 years in Nevada, our most active mining state. And that was because the prospect had been acquired by the magic of "mergers," which really has become a business of mining investors.

What all of this "paper mining," and the use of exotic financial instruments as derivatives, and "forward selling" to make paper money has done, is to create an imbalance that will drive this coming upswing. Especially with silver that is needed in all sorts of non-recyclable uses, when the time comes to make good on a futures delivery. This time around the above ground supply will not save the "piggish" gamblers leading us into disaster.

Sixty years ago the United States government owned 6 billion ounces of silver. At the turn of the millennium, instead of paying attention to possible YK2 accounting problems, we should have been asking what happened to this reserve, as this staggering amount of silver is now, gone forever. Enron proved that trading something you didn't have, back and forth, again and again, when supported by stockbrokers delighted with a "legitimate" way to churn a customer's account, does have "reality" consequences. Want to be on the survival team, then rethink what you invest in, with who.

We need, once again, to mine silver. The property featured here in our first edition as an opportunity waiting to happen, is in need of funding of a $1.5 million dollar drill program to prove/disprove that the proven surface values ($ 16 million) of silver, zinc, lead, copper, and a little gold, continue to a depth of 300 feet, which would result in a reserve of $ 234 million- of the real stuff, not paper, in the banks of Bowser Creek.

If you are aware that adversity creates opportunity, then know that the other property listed in this premiere catalog is an industrial mineral property ready for development using the ethic of actually doing what is promised. The "mining" procedure required is the same, except for building stone use, as a gravel pit. The physical development and operation of this quarry could (should) be done with plug-in contractors. That is the simple part. As nepheline syenite is not the same as gold, tradable across a counter, how the company was managed, and how the final product was marketed, is the major consideration. If a group of friends wanted to truly participate in a "no load" mutual fun operation, this project can be leveraged into being a worldwide corporation, with a "rock solid" bottom line.


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