The Daily Politics
Dear Gold Stock Investor
Eclipse Gold Mining (OTC: EGLPF; TSXV: EGLD, US$0.57/share) is
aggressively drilling the district-scale Hercules project close by to
the Comstock Lode just east of Virginia City in Nevada. Track this
company now, and here’s why:
* Second-round drilling commenced two weeks ago -- anticipation is
palpable.
* After competing the first five drill holes, the company has just
added a 2nd drill rig to accelerate the program. This is rarely done
when results aren’t delivering. Leadership – What gold exploration
project in Nevada could possibly merit management this strong?
* Directors and advisors have generated $4.5 billion in gains for
shareholders: Newmarket Gold, Arequipa, Northern Empire, Int’l
Royalty, Rainy River, Underworld, among others. Is that possible? Yes,
details in the links below.
* Geological team headed by CEO Michael Allen (earlier CEO of
Northern Empire) and Warwick Board, earlier VP-Geology at Pretium.
* Well-funded ($11M cash) and quick to act. Management is well aware
that a 100% gain over one year is a 100%/year gain for the
shareholder, whereas a 100% gain over 10 years is only a ~7%/year
gain.
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