how to invest in gold | | Title: | how to invest in gold | | URL: | https://starcore.com/ | | Description: | Gold producer in Mexico and investing in gold benefits? Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next. Since ancient times, people have valued the unique properties of the precious metal. Gold doesn't corrode and can be melted over a common flame, making it easy to work with and stamp as a coin. Moreover, gold has an unique and beautiful color, unlike other elements. The atoms in gold are heavier and the electrons move faster, creating absorption of some light; a process which took Einstein's theory of relativity to figure out.
Investing in gold mining stocks is similar to investing in the stock market and the difference is just that gold mining stocks are related to the companies that are attached to gold mining. The performance of these stocks is more or less governed by the gold rates while other factors that should be considered are production cost, effective management, hedging activities etc. Investing in physical gold is the oldest method of making the gold investment. Whenever you buy gold, it is basically a gold investment. But, since we are speaking strictly on investment grounds, then there are two ways by which you can invest in gold i.e. Jewellery and Bars and coins.
Starcore International Mines Ltd. has a 100% interest in the Ajax Property ("the property"). The property, approximately 1,718 hectares in size, hosts the Ajax Porphyry Molybdenum Deposit. The property is located on the eastern flank of Mount McGuire, 60 km south of Stewart, B.C., 15 km northeast of Alice Arm. Alice Arm, a summer hamlet, is located on the north side of the east arm of Observatory Inlet. Kitsault, a semi-abandoned townsite located on the south side of the arm is on the B.C. Power Grid. There is good road access between Kitsault and Terrace 100 km to the south. In the 1960's, there was a tote road from Alice Arm to the property that is no longer usable. Access is presently by helicopter. See extra info on gold investment.
The flagship property of Starcore International Mines is the San Martin gold and silver mine. The mine has been in operation since 1993 at 350tpd and currently operates at 850tpd. The mine was acquired by Starcore in February of 2008 from Goldcorp who had acquired the asset through the takeover of Wheaton River. The mine is an underground epithermal deposit with gold quartz based limestone and has an average gold grade of 2.31 grams and 18 grams of silver ( NI 43-101 2014 Dave Gunning, Joe Campbell). The historical production of the mine is over half a million ounces and the mine sits on 100% owned claim package of 12,992 hectares, which offers the upside of exploration and the possibility of discovering the source of the current mineralization. |
|
Linea Directory News
February 2015 : Because of the high volume of website submissions the review queue for regulare listings is around 3 months.
For advertising enquiries please visit the advertising page. For link removal questions please check the contact us page.
Our Partners
Directory Stats:
- Average 7000 visitors/month.
- Around 3000 websites added every month.
- Every page indexed in major search engines.
|
