Jay Taylor Recommends American Manganese

J. Taylor's Gold, Energy & Tech Stocks (01/28/2011)
"American Manganese Inc. is exploring and developing a large manganese deposit in Arizona. The Artillery Peak Project contains the largest known low-grade deposit of manganese in the southwestern U.S., as published by the U.S. Bureau of Mines. This PEA shows exceptionally strong economics:
  • Indicated: 92,823,925 tons grading 3.27% and 6.686 billion pounds of manganese;
  • Inferred: 107,211,073 tons grading 3.76% and 8.881 Blb. manganese;
  • Total manganese (when combining higher- and lower-quality resource): 15.567 Blb. manganese.
While I'm generally averse to buying non-gold/-silver stocks in what I believe is still a secular bear market that began in 2000, I believe this company's project could provide major upside potential for those who buy this stock at current levels. . .If the world muddles through lackluster growth for the foreseeable future with China continuing to grow, companies that are able to produce key metals required to sustain growth in China should be in a very enviable position. If you share this consensus view. . .then American Manganese should be in a position to make its investors a ton of money over the next few years."

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