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Gene Arensberg: Gold poised to make history
12:30a ET Monday, June 21, 2010
Dear Friend of GATA and old (and Silver):
Gene Arensberg's new "Got Gold Report" is cautiously optimistic that gold and silver can score record prices this week, insofar as the big commercial traders are not selling quite as much as might be expected. Arensberg's report is headlined "Gold Poised to Make History" and you can find it here:
http://treo.typepad.com/got_gold_report/2010/06/20100620GGRUpdatePDF.pdf
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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:
http://www.prophecyresource.com/news_2010_may11.php
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