Investing Ideas in Gold as a Safe Haven
Submitted by SmallCapVoice.com
Gold prices were rising Wednesday as jittery investors continued to buy gold as a safe haven asset to battle global economic uncertainty.
Gold delivery for June was rising $12.50 to $1,210.50 an ounce at the Comex division of the New York Mercantile Exchange.
Although markets seem calm, analysts expect investors to continue to hedge their riskier investments with the safety of gold over the long term.
Aram Shishmanian, CEO of the World Gold Council says, “with the global economic recovery still burdened by high and rising debt levels in Western economies, as well as the renewed threat of recession driving down the US dollar and equities, the outlook for gold as a liquid, reliable asset class and as a store of wealth remains highly favorable.”
Gold mining stocks, a more risky but more profitable way to invest in gold provide more money-making opportunities than owning physical gold.
The typical belief is that gold mining stocks can rise as much as 20% to 30% more than gold prices making them an attractive investment for those who want exposure to gold without the hassle.
The juniors offer phenomenal upside potential. The challenge is to find the companies that have good and honest management and the ability to take an idea and a concept to a real business. You have to really do your homework and dig deep, but there is a phenomenal upside potential for that.
Sillenger Exploration Corp (OTC BB: SLGX) offers such an opportunity.
Sillenger Exploration Corp is a natural resource development company focused in mineral exploration opportunities in Canada and Africa. Parts of Africa have been noted for a rich history in gold, diamond, and other precious mineral mining. The continent hosts a number of major base metals mines extracting copper, zinc, bauxite, iron ore, etc. Recent exploration activity has led to the discovery of rare element strategic minerals such as uranium, tantalum, gallium and lithium.
Sillenger Exploration Corp owns a 100% interest in the three mineral claims, the Bulkley Mineral Claims, located in the Atlin Mining Division, British Columbia, Canada.
The Atlin mining area gained prominence in 1898 when placer gold was discovered. A gold mining “rush” ensued and was most active in the period between 1898 and 1910. Exploration for gold in the Atlin area has been continuous through to the present.
Sillenger Exploration Corp is focused on opportunities that lend themselves to the income statement and can build lasting value for Sillenger’s shareholders.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
