Spammed Stock: TAOL
Wednesday, January 25th, 2006Here’s a stock spam I received today for TAOL - Tao Minerals, Inc. - on the Over the Counter Bulletin Board Exchange (OTCBB: TAOL.OB):
Date:4/24/2006 13:31:58
Reply-To: info@otcmarketwatcher.com
From: info@otcmarketwatcher.com
Subject:{TAOL:OTCBB}
Gold Rush of Colombia - South Americas latest mining frontier!
TAO Minerals Ltd. - Gold Fields of Colombia
Featured in SmartMoney Magazine April 2006 — OTCBB: TAOL
Gold Rush of Colombia - South Americas latest mining frontier!
A New Era for Mining. For centuries, countries of Central and South America have taken center stage in the world spotlight for their ubiquitous world class gold and precious metals discoveries. It is well documented however, that Colombia, due in large part to years of political instability and restrictive mining laws, has lagged far behind its Latin American counterparts in the development of its natural resources. Situated within the heart of several prolific mineralized systems that extend from Panama through to major producing regions of Peru, Bolivia, and Venezuela, Colombia, despite its geological potential, has remained largely underexplored.
World Class Potential. Tao’s Golondrina property comprises 9,600 acres of highly prospective gold and silver holdings situated in the southwest southwest region of Colombia. Golondrina is located 40 kilometers northwest of the city of Pasto and boasts potentially high-grade ore bodies of world-class proportions.
James Turk, the founder of GoldMoney.com, and expert on gold was on Canadian Television this week predicting the gold price would hit US$600 in the first quarter of 2006, and US$900 before the end of 2006.
Bill Murphy of GATA.org (Gold Anti-Trust Action Committee), predicts the gold price will reach US$1,000 an ounce by the end of 2006.
When considering these gold price predictions for 2006 it is worth keeping in mind that in today’s $ based on inflation gold would have to hit $2200US to be equal with the all time high of $875 reached in 1981.
Newmont Mining’s President Pierre Lassonde has publicly declared he expects prices to be around $525 in January 2006. Newmont’s president said gold “may rise to more than $1,000 an ounce in the next five to seven years as demand growth driven by Asia outstrips global supply.”
The reason for holding diverse investments is to protect the portfolio against fluctuations in the value of any single asset class. Portfolios that contain gold are generally more robust and better able to cope with market uncertainties than those that don’t. Adding gold to a portfolio introduces an entirely different class of asset. Gold is unusual because it is both a commodity and a monetary asset. It is an ‘effective diversifier’ because its performance tends to move independently of other investments and key economic indicators. Recent independent studies have shown that traditional diversifiers (such as bonds and alternative assets) often fail during times of market stress or instability. Even a small allocation of gold has been proven to significantly improve the consistency of portfolio performance during both stable and unstable financial periods.
The chart below compares the volatility of gold with that of oil and stocks between 2002 and 2004.
MEDELLIN, Colombia — April 05, 2006 Mr. James A. Sikora, President of Tao Minerals Ltd. (”Tao Minerals”) (OTCBB:TAOL), is pleased to announce that work has begun on its 100%-owned Golondrina gold and silver property in southwest Colombia. Phase 1 of the program will consist of grab and surface samples, followed by a detailed trenching program, ultimately leading up to identifying drill targets for a second phase diamond drilling program later on this summer.
The Golondrina gold/silver property is located in the southwest region of Colombia in the Mining District of Pasto. Mr. Duncan Bain (P. Geo) states: “Historically individual veins have been mined for their high-grade precious metals, which has ranged up to 100g/tonne gold.