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| Member Join Date: May 2007
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![]() | Unique way of trading and protecting assets Hello everyone, I was searching for along time for a secure, safe, and protected way to place my assets where if the US markets / economy etc have a serious downturn over the coming years I would still be able to trade in the USA & CDN and not suffer from any of the effects of a recession or depression. Also I wanted to be able to access other markets and investment products outside of North America and capitalize on these other opportunities. Well after a lengthy search I discovered. ElectOffshore.com I can have 2 accounts in the same place at the same time, fully insured etc. I opened my account a few days back and now I'm trading with 100% safety and confidence. I think it's great. If any one is interested it's worth a look there are more details on the site. Happy trading, upandaway |
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| Member Join Date: Oct 2005
Posts: 71
![]() | DKGR -- Going into Production! $$$$ Drake Gold Resources, Inc. Announces Joint Venture With Eagle Mining This Agreement Establishes Drake's First Permitted and Producing Project 2008-05-08 11:30 ET - News Release ATLANTA, GA -- (MARKET WIRE) -- 05/08/08 Drake Gold Resources (PINKSHEETS: DKGR) announced today that Drake and Texas-based Eagle Mining have entered into a formal Joint Venture Agreement on their fully permitted and producing Abigail and Donovan projects, located in Mohave county Arizona and comprising 300 acres of two mining claims of 140 and 160 acres. The Abigail and Donovan projects piqued Drake's interest due to the revelation of high concentrations of gold as evidenced in geological assays completed by Southern Spectrographic Laboratory, Inc. Southern Spectrographic Laboratory, Inc. Assays based on concentrated material March 6, 2007 February 27, 2007 Report#: 0392-05-798 Report#: 0292-26-727 Sample: AZ V-230 Sample: A-2 Gold 6.00 oz/ton Gold 0.005% 1.45 oz/ton Platinum < 0.01 Platinum < 0.001 < 0.03 Palladium 1.00 Palladium 0.012 3.50 Rhodium < 0.01 Rhodium < 0.001 < 0.03 Iridium < 0.01 Iridium < 0.001 < 0.03 Eagle has their own processing/smelting facilities and possess several key pieces of equipment, including, but not limited to, a reverberatory grinder, a hammermill, electronic concentrators, and multiple pieces of earth-moving equipment. Under the agreement Drake will retain 47% of the net proceeds in exchange for Drake furnishing additional dry-processing equipment and jointly covering daily operational expenses. Eagle will continue to be the operator and manager of the operation, as well as maintaining all permits and associated fees. Mining is expected to recommence by end of second quarter of 2008. This agreement with Eagle Mining is a direct result of our distribution joint-venture with AERO Mining Technologies. Drake's relationship with AERO is generating opportunities for future turn-key, permitted projects of this nature that show compelling geological assays and are production-ready. Drake Gold Management has prepared a full report of the Eagle Mining Joint Venture including historical data, BLM permits, equipment details, plans of expansion, etc. which is expected to be released this week. ABOUT DRAKE GOLD RESOURCES, INC. Drake Gold Resources, Inc. is a development stage mining company that focuses on the exploration and production of precious metals. The Company has a distribution agreement for Dove Mining Equipment which has yielded several opportunities for expansion. Announcements will be made as details are made available. For further information about Drake Gold Resources please visit our website at Gold Penny Stocks Mining Resources | Hot Penny Stocks Investing and blog at http://www.drakegold.*************. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The reader is advised to read our full Legal, Disclaimer, and Forward Looking Statements by clicking here: Drake Gold | Privacy Policy. Contact: Drake Gold Resources, Inc. (DKGR) 260 Peachtree Street Suite 2200 Atlanta, Georgia 30303 Investor Relations 1-404-563-7049 Email: info@DrakeGold.com Website: Gold Penny Stocks Mining Resources | Hot Penny Stocks Investing |
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