" As it turns out, Cueva Blanca could be centered on one of the biggest gold deposits in Latin America "

The report, dated April 6, 2000, identified visible outcroppings of gold at Cueva Blanca… meaning that gold is so plentiful you could pick the gold out with a pocketknife!

But the ore assays are what really blew me away!

Overall, the ore collected graded an impressive average of 47.12 grams per ton of gold. That’s 50 to 100 times what is typical for Carlin Trend, Nevada.

What’s more, two of the Cueva Blanca samples returned grades of 1,036.3 and 3,727.4 grams per ton...

that’s over 8 pounds of gold per ton of ore!

Fill a dump truck with it and that one load would be worth a breathtaking $4.43 million! You’d need an armed escort to take it to town!

" With assays as high as have been found at Cueva Blanca, there’s no question that it has elephant field potential "

" My analysis shows that Barrick, Newmont and other major gold companies are not making their buys based on today’s price of gold. They’re making their buying decisions based on forward-projected gold prices anywhere from $2,000 to $3,000 an ounce

" Cueva Blanca is in the Yanacocha –Pierina metallogenic belt of western Peru. This is the same belt with nearly identical geology to Newmont’s Yanacocha mine… the largest in Latin America with over 2 million ounces of gold production per year and as much as 30 million ounces in proven reserves! "

That's all folks.

http://www.yijiago.com/investment/201012/gold-stock-pick-for-2011-amok.html