By Darryl Kelley



Africa, besides being the cradle of civilization, is also host to some of the world’s oldest and richest gold mines.



Ngwenya Mountain in Swaziland hosts what is believed to be the world’s oldest mine, where early man mined hematite and specularite over 42,000 years ago.



PMI Gold's properties are all located in Ghana's Golden Triangle, an area in southwest Ghana with combined current reserves and historical gold production of 170 million ounces. Gold has been mined in Ghana for over 1000 years, and the famous AngloGold Ashanti Obuasi mine has been in continuous production for 110 years.



PMI Gold now has interests in 14 concessions in Ghana on the Asankrangwa and Ashanti Gold Belts, for a total of 669 square kilometers.



In November 2006, PMI Gold acquired the 89 square kilometre Abirem and Abore concessions - which cover the former Obotan Mine operations of Resolute Mining of Perth – from the Ghanaian government. Resolute ceased mining in 2002 after a total of 730,000 ounces of gold were produced, with 590,000 ounces mined at 2.2 g/t gold from the Nkran pit, and a further cumulative 140,000 ounces from the Adubiaso and Abore pits. The price of gold, at then less than $320 per ounce, had rendered the remaining known ore body uneconomical for further development.



Prior to completing the mining at the Nkran pit, Resolute conducted extensive studies on the feasibility of continuing mining from underground mineralization beneath the pit. Modeling completed with a US$350 gold price suggested good potential for establishing an underground operation.



PMI Gold believes there is an exploration target of one to two million ounces of gold grading from 3.0 to 6.0 g/t below the Nkran pit based on previous deep drilling results and projections to 400 m below the deepest intersection.



Resolute had previously completed internal studies concerning underground mining scenarios to co-exist with their surface mining. These preliminary studies were based on 58 drill holes which intersected +3.0 g/t gold mineralized material below the level of the pit.



Other results from these studies indicate that:



• higher grades are contained within lower grade envelopes and dilution won't be critical;



• screen fire assay retests conducted on high grade intersections indicate a significant coarse gold component to the high grade zones which may not be reflected in the current assay database;



• metallurgical test work on drill core composites from beneath the pit indicated recoveries of +96.6% on leached concentrator tails with +75% of the gold reporting to the gravity circuit; and that the assay database may be significantly under calling the grades of the high grade lodes as the metallurgical leach tests returned a 52% upgrade over the original screened 50 gram gold fire assays;



• modeling suggests that the majority of the high grade mineralization is within structures which are vertical with good continuity horizontally and vertically;



• the Western zone, also referred to as the Galamsey Reef, remains open to the south and at depth.



Two major near vertical gold bearing structures have been partially outlined by the previous drilling - called the Western and Eastern high-grade lodes. Most of the deep diamond core drilling targeted these lodes under the south end of the pit.



Using a top assay cut of 30.0 g/t gold and estimating true widths to be 55% of the mineralized intersection lengths, 30 drill intersections beneath the level of the pit exceed 22.5 gram gold per tonne metres.



These intersections have an average indicated true width of 4.40 metres and weighted average gold grade of 10.02 g/t gold. The deepest down plunge intersection was 8.80 metres true width, grading 8.15 g/t gold, and located 326 metres below the pit.



With gold above $600 per ounce, this historic, non-43-101 compliant data certainly lends itself to the compelling logic of focused development, and that is precisely what is underway at the site.



According to company CEO Douglas MacQuarrie, “Gold mineralization has been outlined to a depth of 425 metres below the pit with true widths varying from 20 to 45 metres. Within this bulk mineralized zone there are significant high grade drill intersections including 7.0 metres of 12.28 g/t Au; 8.0 metres of 10.00 g/t Au; 5.0 metres of 23.00 g/t Au; and 4.0m of 10.00 g/t Au. In order to prove the viability of this zone for bulk or selective mining, further detailed drilling will be required, preferably from underground drill stations as suggested by RSG Global in their recent concept study report on the Nkran mineralization.”



Highlights from the drill results announced last week include 44.5 m of 2.61 g/t gold in hole NK07-001 which tested the down dip extension of the Nkran pit orebody 330 m below the base of the previously mined pit; and 2.7 m of 8.91 g/t gold in NK07-005 collared 170 m to the south of the southern end of the pit.



And if there is any doubt as to the potential for an ‘elephantine’ sized orebody at Obotan, consider this:



If you were to draw a circle 120 km in radius from the center of the Obotan concession, it would enclose in the neighborhood of 80 million ounces of as yet un-mined gold, with one deposit measuring in excess of 10 million ounces gold, and the AngloGold Ashanti mine, which still contains an estimated 25 million ounces of gold and is currently under rehabilitation to permit mining to over 3 km in depth! Newmont, Goldfields, GoldenStar, and RedBack all have operating mines and juniors Central African Gold (Bibiani), Keegan (Bonte) and Perseus (Ayanfuri) are all defining orebodies for near term production.



This article is intended for informational purposes only and should not be considered as a recommendation to buy stock in any company. Although the author has made efforts to verify the information contained herein, the accuracy of all the information cannot be guaranteed. As always, it is recommended that you commit considerable time to completing your due diligence before buying stocks in publicly traded companies. A fee has been paid for the creation and distribution of this article.

Investment in Gold bullion coins and silver Coins are far better investment option than Stocks



Silver bars have emerged as popular silver investments because they are



uniform in size, making them easy to handle and convenient to store.



Additionally, silver bars are compact, which enables investors to secure a



great deal of wealth in relative small storage areas. Silver bars with



recognized hallmarks are readily accepted for resale, making them easy to



convert to cash.



Palladium bullion bar and coin investors have few palladium investment



choices today. When palladium spiked to $1100 in late 2000, most palladium



investors sold their bullion coins and bars into that rise and exited the



market. During the ensuing years, the demand for small palladium coins and



bars was so small that most mints quit producing palladium bullion coins



and private refineries ceased making palladium bullion bars.



Because it was industrial buying that send palladium soaring-and not



palladium investors-nearly all palladium bars and coins sold in 2000 ended



up being melted. Now, though, palladium bullion bars and coins are being



produced to meet renewed palladium investment demand.



Popular forms of palladium for investment are 1-oz Credit Suisse and 1-oz



PAMP bullion bars, both of which are refined in Europe. In late 2005, the



Royal Canadian Mint began striking 1-oz Palladium Maple Leaf coins, which



could prove to be investor favorites for palladium investments. Although



Credit Suisse and PAMP are respected names in precious metals refining,



many investors prefer coins produced by government mints.



Platinum bullion and coin investors do not have a large selection of



platinum coins from which to choose. Yet, the platinum bullion coins



available come from the most prestigious mints in the world. Platinum



Eagles are produced by the U.S. Mint, Platinum Maple Leafs by Canada's



Royal Canadian Mint, and Platinum Koalas by Australia's Perth Mint.



American Eagle Gold coins are a Good collectables and are considered a good investment option. Another Kind of famous gold coin is the American Buffalo Gold Coins. It is always advisable to buy Gold coins when the gold prices are reduced. Do not get attracted and buy Gold coins when prices are at soaring. It may prove to be a bad investment if the prices fall back.



Author Bio - Inventory of Coins and Bullions Include many types of Bullion Coins like American Gold Eagles, Gold Bullion Coins and bars. In the future, coins and Bullions will expand by including jewelry and gift items.

It is undeniable that gold has been viewed as one of the oldest and most valuable commodity in the world. It is universally understood that not only does it look good when made into precious articles of jewelry, the habit of investing in gold can also bring the investor untold riches because gold is one of the most stable material in the category of precious metals. The gold market has always been bullish and is steadier when compared to other investment means such as the stock market and the FOREX scene. Other commodities such platinum and palladium in the base metals category are not a preferred means of investment because they are too easily influenced by the state of the world economy. Gold is not affected easily because it is a universal currency recognized by every single bank across the globe.

Why buy gold?

Here are three solid reasons why buying gold may be your best investment move ever:

Gold can protect you against the weakening currency

No matter which country you originate from, there is a chance that your country’s currency will suffer a downfall at a particular point of time. Gold, on the other hand, retains its true value and can help you protect your riches because it does not rely on the state of the country’s economic, whether it is on the up or downtrend. Take the US dollar for example. For years now, terrorism and political rife have caused the dollar to appear very unstable and perhaps, increasingly undesirable. When the US dollar continued its decline between the years 2003 and 2004, the value of gold continued to ascend.

Gold is your wealth insurance during wars, natural disasters and political unrest

If you have previously invested in the stock market or the FOREX market, you would realize that financial markets such as these are very easily affected by global happenings such as terrorism and war. The 9/11 calamity is a good example how financial markets can be at a standstill for extended periods of time and can cause billions of dollars of investment funds to be lost. Gold, on the other hand, will maintain its stability even when times are bad.

Gold provides excellent price appreciation and untold profits

After the infamous stock market bubble burst during the early turn of the millennium, many investors realized that they are better off putting their equity in something more stable and enriching to their investment portfolio. And unlike other financial markets, investors can invest in gold for better peace of mind as they need not worry about the consequences that come with inflation.

When NOT to buy gold

It is not sensible to buy gold when there is an uptrend. If it is suddenly deemed “trendy” to invest in gold due to widespread speculation, chances are gold prices will plummet very soon, leaving you devoid of your hard earned investment funds. Be wise and learn when is the right entry point when you want to grow a gold egg nest.

Does it pay to invest in gold jewelry?

The answer is in the negative. Investing in gold jewelry will not get you returns as lucrative as profits garnered from investing in gold bullion, bars or coins. This is because there are additional charges involved including processing cost if you want to liquidate your gold jewelry assets.

Gold investing hints

There are numerous ways to trade gold but one of the most idiot-proof ways is to let GoldSilverForecast.com do the job of providing gold forecast using their experience and expertise. GoldSilverForecast.com is well versed in the field of gold trade prediction and with the array of cutting programs offering free gold alert and free gold forecast, you will never be at the short end of the stick when it comes to gaining insight about the right entry point.

The volatility in global markets amid the credit crunch makes it difficult to forecast how currencies are going to move. So what will 2009 bring for the gold price? There have been sharp fluctuations in the gold price and gold has seen daily swings widen.

The Bank of England can now engage in quantative easing, effectively printing money, which boosts the money supply and raises inflation. This does not bode well for sterling. The more the focus is on the UK banks the weaker the pound is likely to be. So this is leading to even greater borrowing by the government and you may be wondering if we can really afford all these measures.

The euro is also under pressure due to lack of confidence in the euro zone. The European slow down will see the euro tumble to $1.20 which is an 8% drop in current levels.

The yen strengthening is causing real damage to its exports and the bank of Japan is likely to intervene in the currency market to weaken it this year.

The dollar looks to be devalued by the Federal Reserves moves to boost the economy.
America does not need a strong currency in a global downturn and the temptation maybe to inflate away its debt.

A strengthening in the dollar and the yen, global data just looks grimmer and the banking sector is far from sorted out. The trend, therefore, is to look towards risk aversion in investments. Gold is the sole asset that can be turned into cash at a profit and its performance when considering the current global conditions is astounding. In complete contrast to all other investments it is selling at all time highs in all currencies. Euros, rupees, yen, British pounds, even Turkish lira. Precious metals consultancy GFMS predict highs of above $1000 an ounce as investors begin to worry about the collapse of the American dollar.

The LBMA panel’s estimates from 2009 are for a gold price high of $1,074, a low of $721 and an average of $881. Gold is on track to $920 - $940 by the end of the month. This was July’s top, so when gold clears that barrier it will draw lots of attention forcing it to rise even faster.

We now live in times of unstable economy. With the stock market plummeting and nationwide foreclosures hitting at an all-time high, gold has taken the place of stocks, shares bonds, real estates, and become the favorite investment option among prudent investors. Many seasoned investment experts recommend adding gold Bullion coins, such as $50 gold Buffalo coins (a.k.a 1-oz American Buffalo gold coin) and American gold Eagles, to one's investment portfolio as a safer, long term investment against financial uncertainties.

Gold has been valued and cherished by peoples all over the word dated back to ancient times. European royal families and Asian Tycoons used to own a large amount of gold as a safer way to preserve wealth against deflation. Today gold is still considered a standard for monetary exchange in many countries. In the past five years, gold prices have more than doubled, rising from $400 to $970 today.

Gold coins are one of the most practical, yet effective ways to invest in gold, because they are easy to store and trade. $50 gold Buffalo coin contains exactly 1 ounce of 24-Karat pure gold, making it an ideal coin for investors. Although 1 oz gold Buffalo coin has a legal tender face value of $50, it is actually priced based on the gold content it contains plus a small premium. Since its inception, the $50 gold Buffalo coin has been carefully minted with uncompromising quality by the US Mint. The $50 Buffalo gold coin features classic American design, with a Bison on one side, and an Indian Chief Head on the other.

As America's first 24-Karat pure gold Bullion coin, gold Buffalo coin's gold weight and fineness are guaranteed by the US government. That's why $50 gold Buffalo coins became an immediate success after being released to the public in 2006. All 323,000 gold Buffalo coins produced by the US Mint in 2006 were sold out that year, exceeding the total sales of American gold Eagles in the year 2006. I highly recommend you adding gold Buffalo coins to your investment portfolio as a safe investment.

I recommend you checking out American Gold Buffalo Coin. It is a specialized Buffalo Gold Coin for Sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.

What is Proof coin? Why are so many coin collectors and investors buying proof gold buffalo coins now? The term "Proof" means a specialized minting process. Each coin is struck multiple times with specially polished dies, so the highly detailed images seem to float above the field. Savvy coin buyers know a good value when they see one, and many are rushing to get their hands on as many proof gold buffalo coins as they can get.

There are a number of reasons why coin collectors are seeking out proof gold buffalo coins today. Since the onset of the recession and the significant decline in the US economy, the value of the gold buffalo coin has been increasing steadily along with the rising gold price. This gives the coin collector a steady investment which they can rely on. The price of gold keep rising and proof gold buffalo coins are made of 24 karat 99.99 percent gold. Gold is recession proof which has been proven during the economy crisis in the past centuries. The value of the proof gold buffalo coin will likely continue increasing which also makes such coins a worthwhile investment during the times of financial instability.

The amount of genuine proof gold buffalo coins created is limited and eventually the US mints will stop offering such coins. As of the fall of 2008, mints have stopped making the proof gold buffalo coins because meeting demand was becoming too overwhelming. It is still possible to get such coins from coin dealers both on and off the Internet however.

Eacg Proof gold Buffalo coin is guaranteed by the United States government for its gold content and purity, which has made proof gold Buffalo coins widely accepted and traded almost all over the world, along with the standard American gold Eagle series. You can quickly sell Proof gold Buffalo coins for cash which allows you liquidate your investment should the necessity rise.

Seeking out genuine gold coins can be tricky and coin collector need to be careful when hunting down Proof gold Buffalo coins. These proof coins possess a "W" on the front side of the coin which indicates that the coin is a proof edition. The proof editions are limited to 300,000 coins in all. Presently, proof coins in mint condition and which are un-circulated are valued at right around $950.00. This value is likely to increase as the years pass. If a coin collector is interested in purchasing a proof gold buffalo coin the sooner he or she does so, the better.

To learn more about Proof Gold Buffalo, I recommend you checking out American Buffalo Gold Coin. It is a specialized Gold Buffalo Coin for Sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.

I am in the market to sell my gold and turn unwanted jewelry into cash. It has never been easier to sell my gold pieces than right now. There are several options for getting cash by selling my gold. Pawnshops, Gold Swap Parties, and Mailing Envelopes are the easiest means for selling my gold for cash.

This is a lucrative time to sell my gold. I can take unwanted gold jewelry to the local pawnshop and get immediate cash with little effort. There are more and more pawnshops popping up so I will have one close by.

To sell my gold at Gold Swap Parties is very popular. You have probably been invited to a gold swap party or have heard your friends and neighbors talking about them. This is an easy and friendly way to sell my gold during while at a party and walk out with instant cash. The jewelers that handle the gold swap will appraise the gold during the party. When the appraisal is received, it can be accepted or rejected.

Mailing envelopes is a private way to access money when selling my gold. This is another highly advertised means of getting money fast. The envelopes provided by the gold company are secure and have a tracking number to ensure that selling my gold is completely safe when shipping to them for evaluation. When the offer is received I may accept or refuse to sell my gold. My gold pieces will be returned by mail. This is a fast and private means to sell my gold and get money quickly.

Selling old or unwanted gold jewelry is a fabulous way to get money fast. It is very popular now while the gold prices are going up. I am going to sell my gold while the prices are high.

For thousand of years gold has often been a precious commodity using this valuable commodity goes past gold jewellery. Gold is the fuel for the global trade and stayed to be the universal currency.

Some of the most complicated technologies of the modern times use gold for its main ingredient. In gold jewellery, the purity of the element is measured in karats. Karat is the quantity of gold present in jewellery.

A piece of jewellery will be considered 100 percent gold if it is twenty-four karat gold. The carats of diamonds and other gemstones refer to its weight and not the reflection of the stones purity.

Jewellery made of pure 24K gold is awfully rare and subject to high scrap gold prices. The difference between a twenty-four karat gold and a 10 karat gold is the weight. Approximately, 10 karat jewellery contains 42% gold and the leftover % is formed up of other alloys of metal such as copper. The lower gold karat weight is made of the unique designs and dexterity of the alloying process.

The range of 10 karat gold and fourteen karat gold ( or 14k ) are the metals that are added in the process of amalgamating gold. The solder and the molding assembly is an example of the processes of amalgamating gold with other metal elements. Black Hills gold jewellery isn't straightforward when it comes to tainting and discoloration. Distinctive colours of green and pink are the result of the perfect amount blend of gold, silver and copper. Also with the method of alloying, white gold is produced.

With white gold jewellery, the gold base is combined with palladium, silver and nickel. White gold has a similarity with platinum as it is mostly plated with rhodium, only a thin coat of it. Platinum is awfully costly and, compared to gold, it has got a much heavier feel and weight.

Sell Scrap Gold

As economic situation significantly influncing most market sectors, from wholesale to department stores, and the unemployment rate climbing to 11% in California, a new tide of gold hoarding has come on the scene. Those people who unfortunately lost their jobs began to take their chances of finding gold along the river banks of California. Either individual buyers or wholesale businesses are now purchasing gold as a guarantee against a sinking stock market. The economic slowdown and rising gold prices have inspired a tide of gold prospecting.

Gold mining is the process to get gold from the ground. As gold is largely nonreactive metal, In the ordinary course of things it is found in a pure state. Yet it is not easy to locate the areas where gold presents and to obtain it from the earth. There are some methods to scan gold. The most commonly used one among gold mining amateurs is the gold scanning technique. The principle is that gold is a metal and will sink at the bottom of the solution. People fill the pan with water and the floating impurities are thus removed. Using the skill, gold diggers return home with gold in their packs.

The technique introduced above is just a primordial method. Some gold exists deeply in the rock and does not present on the earth crust. Some skills like using metal detectors are there to verify the presence of gold. Then computers are used to precisely pinpoint the volume of the gold. With mechanical method of digging out the ore in which gold presents, the sample is delivered to the labs for experts to analyze if it is a rewarding business activity. In addition, the explorer must get governmental permissions. To obtain qualified gold, further chemical techniques including cyanide processing are employed|used|taken.

It is reported that citizens in America purchased 77 tons of gold items last year, which was 42 percent higher than that of 2007. The prices for gold have reached approximate 900 USD per ounce.

For jewelry wholesale and retail store runners, it is more practical to buy and recycle old fineries than promoting new pieces to the shoppers

Today, Americans are facing a pile of unpaid debts. At the helm is a new Fed chief, Ben Bernanke, who has already been nicknamed "Helicopter Ben" based on admitting he'd print enough paper currency and drop it from helicopters to keep the U.S. economy from sliding into a recession.



The Wall Street Journal recently published an excellent commentary, "In Gold We Trust," by David Ranson and Penny Russell of H.C. Wainwright & Co. Economics. They explain why gold prices are the truest barometer of falling public confidence and of growing inflation. Here are a few key points they bring to light:



* Gold is the benchmark for the value of the dollar - not the other way around.



* The falling U.S. dollar is largely being ignored by Washington and Wall Street.



* Gold's sharp rise represents an equally sharp decline in investor confidence.



* Gold is the barometer of public confidence in paper money.



* The dollar's collapse of 60 percent since 2001 is a blow to capitalism.



Bottom line: The U.S. dollar is slowly but steadily sliding into oblivion, taking with it the hopes and dreams of all Americans, along with the value of their savings accounts and investments.



Most Wall Street pundits view gold as just another commodity, which they say is now overpriced due to a growing gold fever worldwide since 2001, causing central banks, hedge funds and others to buy gold for the first time in decades. Not so!



Gold is rising because it is real money. The solution is to convert a portion of your "paper" assets into gold - thus putting yourself on a personal gold standard.



Rising gold prices today are a big red flashing signal of coming inflation, which could take gold prices over $1,000 an ounce. So don't wait to buy gold - buy gold and wait.

Everyone knows the adage—buy low and sell high, but buying low means buying what few others value. Just a few sellers can attract more panicked selling and, conversely, a couple major shareholders can spur more optimistic buying. Market leaders have the courage and skill to stray from the herd and buy a stock based on its actual value, not simply because everyone else is buying.



The same logic holds true for exploration companies: Create investor wealth by buying and developing properties where others have failed – due to higher commodity prices, market conditions, politics or lack of courage or skill.



PMI Gold’s (TSX.V:PMV) President Doug MacQuarrie has had his eye on the Asankrangwa gold belt in Ghana, West Africa since 1994 when he co-commissioned the first modern, geophysical airborne survey flown over the belt. The survey determined that the belt was a major unexplored break, equivalent in features and structure to the prolific Ashanti belt located nearby. The major difference being that although virtually the entire belt had been staked by juniors, the Asankrangwa has had far less production than Ashanti.



So when the gold price fell and the juniors began to drop away en masse, MacQuarrie and his Ghanaian partners followed his contrarian instincts and bought concessions along the Asankrangwa, in the heart of the Ghana Gold Triangle, for a fraction of the price they would cost today.



It’s this kind of maverick thinking that put PMI ahead of the curve before the bull market started and continues to distinguish it today.



MacQuarrie plans a mine distinctly different from its peers. Intent on moving to production on its Kubi project, MacQuarrie envisions a small, inexpensive 500 tonne per day operation that targets high-grade gold initially averaging between 12 and 15 g/t, and results in about the same amount of gold produced as in a bulk-tonnage low-grade open pit mine.



Kubi, which PMI acquired in October of this year, has a 43-101* compliant resource estimate of 604,000 indicated ounces of gold and 315,000 inferred ounces. Between 1999 and 2005 the Kubi mine produced 59,000 ounces of gold for AngloGold Ashanti from 500,000 tonnes of ore at an average grade of 3.65 g/t.



Before completing pre-feasibility on Kubi, PMI is focused on raising $50 million in project financing to put both the Kubi and Obotan past producing mines back into production as underground operations. The Kubi project is further advanced and PMI will move on it first, developing toward pre-feasibility as soon as financing is in place. The mining lease has already been issued. The mine is located only twenty minutes south of infrastructure at Obuasi, Ghana’s main underground mining district. And because the gold grades are high, MacQuarrie plans to move to production within eighteen months.



Mining high-grade, low tonnage presents the opportunity for lower capital costs, lower financing requirements, and short time lines to production. However, like in the past, when MacQuarrie bought concessions in Ghana at the same time as other juniors were selling off, MacQuarrie appears the contrarian.



“We are serious about putting two mines into production and concentrating on margin,” he says. His model is different. It’s not large scale, and it’s not high tech, but it is potentially lucrative.



And there are side benefits. Mining in a developing country like Ghana, creates the opportunity for providing labour for hundreds of trained but unemployed locals. Instead of spending money on expensive capital equipment such as a jumbo drill rigs which employ few operators, PMI is able to train and pay many unemployed Ghanaians to use and repair cheap low-tech conventional equipment like jack-legs and stopers, while saving on capital costs.



Similarly, instead of processing hundreds of thousands of tonnes of ore in a huge open pit, PMI can keep its environmental footprint light and save on reclamation costs, all for the same net amount of gold. Projects like this, MacQuarrie contends, “are easier to sell to developing countries. You don’t end up having to move families and villages, and provide more and longer term employment opportunities.”



In addition to Kubi, production at Obotan is on the horizon as well. Past production at Obotan on the Asankrangwa belt totalled 730,000 ounces of gold – 590,000 of which came from the Nkran pit with the remaining 140,000 from the Adubiaso and Abore pits.



While there isn’t yet a 43-101 resource estimate for the Nkran project, Golder Associates have been commissioned to prepare one for early 2008. PMI Gold believes there is an exploration target of up to 2 million ounces under the Nkran pit.



Recent assays from a 2,539 m drill program on the Obotan property included highlights from the Nkran pit of 44.5 m of 2.61 g/t gold testing the down dip extension of the orebody. And a drill hole 170 m to the south of the southern end of the pit returned a highlight of 2.7 m of 8.91 g/t gold.



MacQuarrie is confident in his strategy, however different it may be. And he has another plan that should sound good to investors: “Once we’ve paid back the bank we’re going to pay our shareholders a significant percentage of our net earnings, after all the bank debt is retired, as dividends.”



PMI stock is currently trading at about $0.24 with a 52 week high of $0.47. Fully diluted, the company has 87M shares outstanding.



This article is intended for information purposes only, and is not a recommendation to buy or sell the equities of any company mentioned herein. It is based on sources believed to be reliable, but no warranty as to accuracy is expressed or implied. The opinions expressed in the article are those of the author except where statements are attributed to individuals other than the author, in which case the opinions are those of the individual to whom they are attributed.

Mining gold yourself:



Unless you are really strapped for time, most people will recommend you buy a strategy guide and mine gold yourself. There are a number of good guides available that claim to teach you how to make up to 200 gold an hour, and this is in fact possible if you know what you are doing. Good guides will cost money, but can easily repay themselves if you follow what they say.



There are a number of gold mining guides around that go for over 100 pages that detail all kinds of strategies. When you buy a guide like this, make sure the person selling the guide is an experienced player, and check what other people have to say about it. There are many guides that simply give the same information you find in free articles, so you need to know what you are getting in for. However, better quality guides will often tell you insider secrets that you won’t find anywhere else, and can give you a huge advantage over other players.



Buying gold:



The second option – buy wow gold – is possible if you don’t have much time and just want to play at the later levels. Since World of Warcraft first came out over 3 years ago in November 2004, gold prices have dropped dramatically due to the abundance of so called Chinese “gold farmers”, who may play the game for 12 hours (or more) mining gold and selling it for real world money to other players. Depending on the server, you can buy 1000 in game gold for only about $5-15 if you know where to look.



Because gold prices have come down so much, buying it is a good option if you don’t like having to spend hours and hours trying to level up a low character. There are also power leveling services and characters available for sale, allowing you to instantly get your dream character for just a onetime low cost. Again, the large number of sellers available means that the prices are often very reasonable and competitive.



One thing you have to watch out for in buying gold is having your account banned. Blizzard (the company who make’s World of Warcraft) is explicitly against this type of behavior going on, and there have been a number of gold farmer accounts that have been banned. Therefore, it is important to check that the company you are buying gold from is legitimate and reputable.

Investment in gold and in real estate both has their fair share of pros and cons. Following are some of the advantages and disadvantages of investing in gold and real estate.

Gold: Gold is best suited for a long time investment. The demand for gold has always been robust. The process of buying and selling with gold is quite quick. It offers near zero risk of value depreciation.

One can even invest in gold online, nowadays. Investors can now buy, sell and virtually trade in gold commodity just like any other stock or equities. This has been a driving factor for many to invest in gold because investing online reduces the risk of actually owning the metal.

Gold prices are generally not affected by the fluctuation in the currency. The gold price does not rely on potency of the currency. Also, the price of gold is not influenced by any kind of political instabilities or crisis.

However, gold doesn't provide any immediate appreciable income. The value of the income has to be seen over the long term.

Real Estate: There are multiple ways of earnings in real estate. Investment in real estate can be long term and short term. It also ensures regular inflows by way of rentals. It can be used as collateral to secure a loan and to counterbalance taxable incomes. The profits earned from property resale are apparent.

But like any other investment option this too comes with a tag of risk. The real estate market is unpredictable and comes with no guarantee. Although a large number of investors have been successful and earned huge profits with real estate investing, there is no guarantee that it is going to be same for everyone. However, one can be and should be careful and aware. Take time to familiarize yourself with the real estate market, the market terminology and investment options and processes.

Investing is a crucial decision, it has money on stake. The risk factor is common. But knowledge, awareness and clarity of your own requirements are the keys to decide upon which investment to opt for. Both of the stated investments can offer lucrative returns. Choosing one of them as an investment option requires assessment of the money one can outlay and the objective of the investment. Understanding of the market is very important.