DALLAS, Aug. 4, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring mining company GoldSpring Inc. (OTCBB:GSPG). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on GoldSpring Inc. (OTCBB:GSPG) should be of particular interest to other precious metal companies: Newmont Mining Corp. (NYSE:NEM), Rio Tinto plc (NYSE:RTP), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) and Eastern Goldfields Inc. (OTCBB:EGDD).
It is available at: http://www.stockpreacher.com/n/GSPG
GoldSpring Inc. (GSPG) engages in the development, exploration, mining and sale of gold, silver and copper in Nevada. The Company has interests in the Comstock gold and silver exploration and test mining project and the Como mineral Claims in Storey and Lyon Counties; the Big Mike Copper Project in south of Winnemucca in Pershing County; and the Gold Canyon and Spring Valley in Lyon County. It also holds 100 unpatented mineral claims in Storey County and eight unpatented mineral claims in Lyon County, as well as owns title to 40 acres of land in Storey County.
In the report, the analyst notes:
"GSPG looks forward to realizing a great project. In a mineral declaration report, the company estimated its Hartford/Lucerne complex near Virginia City contains reserves of more than 20 million tons of ore with 564,000 recoverable ounces of gold and 5.8 million ounces of silver, with an estimated value of the precious metals at $604 million at today's prices.
"Advancing its mining project, GSPG announced in May it entered into a definitive agreement to receive up to $2 million over the next four months from existing, long-term institutional investors, which will provide the Company with additional working capital, according to CEO Rob Faber."
To read the entire report visit: http://www.stockpreacher.com/n/GSPG
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