By Cory
Anaconda Mining – Primed for the perfect ride
Here is an article I found on Bob’s site, 321gold.com. The author Kevin Dougan is a listener of the show and is invested in Anaconda and does a good job of summarizing where the Company stands with its projects.
I will be chatting with the Company in the coming weeks. Please email me with any questions you have for management – Fleck@kereport.com.
Click here to listen to the prior interview with Dustin Angelo over at Anaconda.
…Be sure to visit Bob’s site for more great metals and other commentary – click here to visit 321gold…
Catching the perfect wave requires a couple of things lining up at the right time.
Patience – wait for the perfect wave
Momentum – start before the wave crests and catch it at its peak for the fullest ride
Anaconda Mining is setting up the same way as the “perfect wave” and primed for the “perfect ride”… one where investors getting in early… can really take advantage of all the great prospects the company has now and lined up in the near future.
The three most important factors when investing in a mining company are:
Properties must have a substantial amount of obtainable gold or another mineral resource that processes very high grade as well as an abundance of ounces.
Management must have top level key contributors in the right positions.
Location in a mining friendly district which appreciates the creation of jobs as well as increased revenue it can provide to the region.
Anaconda Mining (ANX.TO) has a management team with over 100 years of combined experience in mining operations. The leader of the team is Dustin Angelo, CEO and President. He comes from an accounting background and has an undergraduate degree from Georgetown University and a MBA from Columbia University.
Dustin is a very sharp “numbers guy” and knows how to stretch a dollar and maximize value. He also has the skill set to motivate employees and keep everyone focused on the task at hand.
Dustin has managed to keep the company together through the lean years with plenty of grit and determination… The company has been able to keep a mine operating with relatively low-grade ore… yet still has managed to turn a small profit. These were very lean years indeed for almost all junior miners… survival was the modus operandi for most mining companies and many sadly fell by the way side.
There is a positive aspect as there are further properties coming online soon that will be able to feed the mill with much higher-grade ore and will add profits. I met Dustin for the first time at the Beaver Creek Mining show and was very impressed and had a hard time tracking him down. He was busy talking to various analysts and investment bankers. Dustin was pitching the story of Anaconda, as many have yet to discover… it was fun to watch. This was an excellent opportunity and evolving story that is by no means ready to end. Investing for growth with the …read more
Source:: The Korelin Economics Report
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