Categories: Precious Metals
Topics: General Precious Metals

Jay Taylor Interview Mentions Animas Resources

 Jay Taylor, editor of Gold, Energy & Technology Stocks highlighted Animas Resources in a recent interview with Streetwise Reports. In the interview, Mr. Taylor lays out the benefits of gold for investors. While world’s economic woes may be far from over, but in deflation or inflation, gold is as good as it gets according to Jay. 

Jay’s passion for the king of metals prompted him to pursue geological studies after earning his MBA in finance and investments, has established an enviable track record in the market.  J. Taylor’s Model Portfolio has more than tripled its value since January 2000 while the S&P 500 has barely moved.  

JT: I love Animas. It’s on our "C" list at this point, but at the very least they probably have an open-pit oxide mine in the making with their project in Mexico. They haven’t done the economics yet, but the real target there and what coaxed the management to come out of retirement to run this company was the prospect for finding a Carlin-style high-grade gold deposit at depth. So I think Animas is likely to have an economic ore body of some size, even though that is yet to be proven. The upside potential is gigantic if they find the high-grade feeder zones in the Carlin-style mineralization. That’s what they’re looking for and I think they’re quietly confident they may be successful in that attempt. You never know in this business, but the management is strong and they came out of retirement to run this company because they think they have a chance at finding a world-class gold deposit. If so, Animas shareholders are going to make a lot of money. You never know in this business. It’s a high risk/high return industry. But good management often makes good things happen. Certainly Animas is one of my favorite "C" companies at this time. 

To see the entire interview click here: http://www.theaureport.com/cs/user/print/na/1977