Global Minerals Ltd.
The foundation of Global Minerals business model is to acquire attractive, near-term producing assets while continuing to explore for world-class gold and silver mineral deposits in geopolitically stable countries. The company occupies a market niche by focusing on the development of advanced-stage, highly profitable, mid-tier size ore bodies. This segment of the mining industry has been abandoned by the major mining companies in their quest for "World Class" mineral deposits.
Headquartered in Phoenix, Arizona, CMI Gold & Silver Inc. is one of the oldest and largest gold and silver dealers in the United States and has played a major role in introducing investors to the gold and silver markets. Although domiciled in Phoenix, Arizona, CMIGS buys and sells gold and silver with investors across the United States.
Arizona is the nation's largest copper producing state and the nation's fifth-largest silver producer, Phoenix is also the home of major mining companies. In 1973, when silver was only $2.00, CMIGS' founder, a longtime Phoenix resident with ties to Arizona's mining interests, recognized the growing uses for silver and the dwindling silver stockpiles would result in higher silver prices. Consequently, CMIGS was launched to sell silver bullion to investors. In 1980, silver topped $50.
When Americans regained the right to own gold bullion on December 31, 1974, CMIGS became one of the first dealers in country to recommend buying gold. The following year, gold averaged $160 and in 1980 hit $850.
I am not advocating investing in CMIGS, but do your own homework; it could pay off in the long run.
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