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J.S. Kim: Gold and silver shares now are best values by far

Section: Daily Dispatches

10:30a ET Wednesday, December 7, 2011

Dear Friend of GATA and Gold:

J.S. Kim, managing director of the SmartKnowledgeU investment research firm, argues today that despite -- or rather because of -- suppression of gold and silver prices by central banks and their bullion bank agents, gold and silver mining equities offer by far the best values in the stock market, bigger bargains than they've been since November 2008. Kim's commentary is headlined "Gold and Silver Mining Stocks Offer the Best Value of Any Sector in the Stock Market By a Wide Margin" and you can find it at his Internet site, the Underground Investor, here:

http://www.theundergroundinvestor.com/2011/12/gold-and-silver-mining-sto...

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



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Golden Phoenix Signs Definitive Agreement
to Acquire and Reopen Santa Rosa Gold Mine in Panama

Company Press Release
Monday, September 19, 2011

SPARKS, Nevada -- Golden Phoenix Minerals Inc. (OTC Bulletin Board: GPXM) has signed a definitive agreement to acquire a 60 percent interest, with an option to buy an additional 20 percent interest, in the Santa Rosa gold mine in Panama, now owned by Silver Global S.A., a Panamanian corporation.

Santa Rosa produced more than 100,000 ounces of gold from 1996 to 1998 before being closed in part to low gold prices, which are now more than five times higher.

Golden Phoenix intends to acquire its initial 60 percent interest in Santa Rosa by acquiring 60 percent of the share capital of a recently created company under the name Golden Phoenix Panama S.A., formed to hold and operate the mine.

Tom Klein, CEO of Golden Phoenix says: "The agreement establishes a solid framework from which we can advance Mina Santa Rosa to production-ready status."

For Golden Phoenix's complete statement, please visit:

http://goldenphoenix.us/press-release/golden-phoenix-signs-definitive-ac...