New Orleans is back in Top 10 cities list, so join GATA there


1:32p ET Sunday, July 11, 2010

Dear Friend of GATA and Gold (and Silver):

If you'd like to have a great time, learn a lot, and do a good deed for GATA, consider attending this year's New Orleans Investment Conference, to be held Wednesday through Saturday, October 27-30, at the Hilton New Orleans Riverside hotel.

In addition to GATA Chairman Bill Murphy and your secretary/treasurer, New Orleans cofnerence speakers will include GATA favorites Gene Arensberg of the Got Gold Report; Ticker Traxx letter editor Thom Calandra; Boom, Gloom, and Doom Report editor Marc Faber; USGlobal Investors CEO Frank Holmes; Gold Newsletter editor Brien Lundin; and Sprott Asset Management CEO Eric Sprott.

National celebrity speakers will include former U.S. Comptroller General David Walker, Pulitzer Prize-winning columnist Charles Krauthammer, and former House Republican Majority Leader Dick Armey.

... Dispatch continues below ...


Prophecy to Become Coal Producer This Year
with 1.5 Billion Tonnes of Resource

Prophecy Resource Corp. (TSX.V: PCY) announced on May 11 that it has entered into a mine services agreement with Leighton Asia Ltd. to begin coal production this year. Production will begin with a 250,000-tonne starter pit as planned in August, with production advancing to 2 million tonnes per year in 2011. Prophecy is fully funded to production and its management team includes John Morganti, Arnold Armstrong, and Rob McEwen.

For Prophecy's complete press release about its production plans, please visit:

Of course dozens of resource companies will be exhibiting during the conference as well.

Lasting for four days, the conference is a major affair and registration isn't cheap, but you get a discount for registering early, and the conference will make a substantial contribution to GATA for every GATA supporter who registers using the special Internet link below.

Coincidentally, Travel & Leisure magazine announced this week that for the first time since the devastation of Hurricane Katrina, New Orleans has made it back to the magazine's list of the top 10 cities to visit in the United States and Canada. An Associated Press story about that is appended.

It's hard to have a bad time in New Orleans, especially as the Northern Hemisphere's weather starts getting colder. It's a lot more than the laid-back party town of the French Quarter. The restaurants are phenomenal, the food is unique, there are fascinating museums and exhibitions, and the people are so welcoming and friendly, really glad that you're there. And of course the more GATA supporters who attend, the more fun Murphy and your secretary/treasurer will have after spending most of their lives in dark rooms illuminated only by computer screens and their reflection off empty liquor bottles.

The Hilton New Orleans Riverside is a lovely place -- right at the River Walk and a short walk to the French Quarter and, if your Internet stock brokerage account isn't enough for you, Harrah's casino. And the hotel has arranged special discount rates for conference attendees.

So please at least check out information about the conference, using this link:

That link will get you to the hotel's Internet reservations site as well.

And please note the Travel & Leisure story about New Orleans' revival below. We hope to see you there in October.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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New Orleans Back in Travel & Leisure Top 10 Cities

By The Associated Press
via Yahoo News
Thursday, July 8, 2010

NEW YORK -- New Orleans is back in Travel & Leisure magazine's top 10 cities list for the first time since Hurricane Katrina devastated the city and its tourism industry in August 2005.

New Orleans took the No. 7 spot in the category of top cities in the United States and Canada, part of the magazine's annual World's Best Awards. The 2010 awards were announced Thursday.

New Orleans was last named to the list, in the No. 10 spot, in July 2005. The city has steadily rebuilt and revitalized its tourism industry in the past few years.

New York took the No. 1 spot on the U.S. and Canada cities list, followed by San Francisco; Charleston, S.C.; Chicago; Santa Fe, N.M.; Vancouver, British Columbia; and after New Orleans, Quebec City, Quebec; Victoria, British Columbia; and Washington, D.C.

Winners in the best islands category internationally include exotic locales like the Galapagos and Bali, but for the continental U.S. and Canada, the island winners are places mostly known for beautiful scenery and simple pleasures: Mount Desert Island, Maine; Cape Breton Island, Nova Scotia; Vancouver Island, British Columbia; San Juan Islands, Wash., and Canada's Prince Edward Island.

The full World's Best Awards list will appear in Travel & Leisure's August issue, which is available on newsstands July 23. It can also be seen online at:

Winners in other categories include Abercrombie & Kent for best river cruise, a new category on the list; Crystal Cruises as best large-ship cruise line; Singapore Airlines as best international airline; Virgin America as best domestic airline; and Hertz as best car-rental agency.

Best hotels in the continental U.S. included San Ysidro Ranch, A Rosewood Resort, in Santa Barbara, Calif., as top resort; Trump International Hotel & Tower in Chicago as best large city hotel; and Triple Creek Ranch in Darby, Mont., as top inn.

Bangkok was rated as the best city internationally, but the magazine noted that data for the awards was mostly collected before the worst of the recent political upheaval in Thailand.

Winners for Travel & Leisure World's Best Awards were determined using results of a questionnaire made available to Travel & Leisure readers online, and through invitations in the January, February, and March issues of the magazine. Nearly 16,000 readers participated.

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Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 27-30, 2010
Hilton New Orleans Riverside Hotel

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Support GATA by purchasing a colorful GATA T-shirt:

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:

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Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

To contribute to GATA, please visit:


Sona Resources Expects Positive Cash Flow from Blackdome,
Plans Aggressive Exploration of Elizabeth Gold Property

On May 18, 2010, Sona Resources Corp. (TSXV: SYS, Frankfurt: QS7) announced the release of a preliminary economic assessment for gold production at its flagship Blackdome and Elizabeth properties in British Columbia.

Sona Executive Chairman Nick Ferris says: "We view this as a baseline scenario for gold production. The project is highly sensitive to the price of gold. A conservative valuation of gold at $1,093 per ounce would result in a pre-tax cash flow of $54 million. The assessment indicates that underground mining at the two sites would recover 183,600 ounces of gold and 62,500 ounces of silver. Permitting and infrastructure are already in place for processing ore at the Blackdome mill, with a 200-tonne per day throughput over an eight-year mine life. Our near-term goal is to continue aggressive exploration at Elizabeth and develop a million-plus-ounce gold resource, commencing production in 2013."

For complete information on Sona Resources Corp. please visit:

A Canadian gold opportunity ready for growth