Mining exploration companies must mobilize to survive, new group says


4:15p ET Thursday, June 13, 2013

Dear Friend of GATA and Gold:

Canadian junior mining companies, which do most of the resource exploration in the world, are being strangled by financial regulation and must mobilize to survive, a new organization says.

The organization, the Venture Company Association, says regulatory costs are rising while the mining industry's ability to raise capital is collapsing. The association says that more than 700 mining exploration companies registered in Canada probably cannot survive to the end of the year if they have to meet current regulatory requirements.

... Dispatch continues below ...


How to profit in the new year with silver --
and which stocks to buy now

Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.

Half of all proceeds from the sale of this report will be donated to the Gold Anti-Trust Action Committee to support its efforts exposing manipulation and fraud in the gold and silver markets.

To learn about this report, please visit:

A founder of the organization, Joe Martin of the resource conference company Cambridge House, writes in the organization's initial appeal:

"Markets go up and markets go down but this 'double whammy' may well bring about the death of the great historical tradition Canada has achieved in becoming the No. 1 nation in finding mineable ore bodies and bringing them into production around the world. ...

"The world will need commodities and prices will once again go up. But when they do, our mining and exploration companies will wake up to the fact that Canadian regulators have killed their ability to survive.

"Canadian public markets are controlled by banks that have lost sight of the necessity of venture capital in growing an economy. The banks now own TMX, the company that controls both the TSX and TSX Venture exchanges. They simply have no concept of the importance of having a venture market in creating jobs and growing an economy."

The Venture Company Association's founding meeting will be held at the Four Seasons Hotel in Vancouver, British Columbia, from 2 to 4 p.m. Tuesday, June 18. Everyone involved with the mining exploration business is invited to attend, with registration requested.

To register for the meeting and obtain more information about the Venture Company Association, please visit its Internet site here:

Martin's appeal to the industry, headlined "Strangulation by Regulation," is posted here:

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

* * *

Join GATA here:

Liberty Mastermind Symposium
Double Tree Hotel, Dallas-Fort Worth Airport
Friday-Saturday, June 28-29, 2013

* * *

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

Or by purchasing a colorful GATA T-shirt:

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

To contribute to GATA, please visit:


Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: