Peter Schiff of Euro Pacific Explains Strength in Gold Upcoming & Mining Journal Review of Aurvista

NEW YORK - Nov. 29, 2014 - PRLog -- Peter Schiff has made a number of accurate economic prediction over the last half decade from the real estate crash in December 2006 to the bullish rise of precious metals. Closing out this November Schiff has opined that real money is buying gold, central bankers are buying gold, people that know the fundamentals have been buying gold, and gold isn't going down; Schiff states “speculators are the only sellers in the gold market” and when they discover they were wrong on fundamentals and try to cover/get long, there will be few sellers, causing a rapid rise in prices for gold. Below we offer a synopsis of Schiff’s thesis. Peter Schiff did not offer specific equity investment vehicles to capitalize on the rise in gold however Mining MarketWatch Journal offers below some possible ways for exposure to gold including a review of Aurvista Gold Corporation which currently has resources of ~3 million ounces of gold (in all categories) and potential for significantly more.

 A full review of Aurvista Gold Corporation is available at  http://www.miningmarketwatch.net/ava.htm online.

 Peter Schiff’s thesis is as follows:

“Speculators will soon realize they are batting 0 for 3”; interest rates aren’t going up, the dollar will weaken, and the US economy will go back into recession, just like Japan. This scenario is becoming more apparent; the price of gold isn’t going down, gold appears to have found its footing in November and is going up. Schiff states “The people that know the fundamentals have been buying gold and are sure as hell not going to turn around and become sellers when the people they have been buying from figure out what a mistake they’ve made” … “prices are going to have to move up very very rapidly in order to get any sellers to come to the market”. Transcribed copy of section of Schiff’s recent radio segment where he explains his theory, along with the source audio, is available at http://sectornewswire.com/schiffnov-2014.htm at (fast forward to ~ the 19 minute mark to hear his views on Russia (not selling but rather buying gold), speculators, and insight into what he believes will occur and why).

Simple ways to gain exposure to gold are to buy a senior producer focused ETF such as Market Vectors-Gold Miners (GDX), or a junior focused ETF such as Market Vectors Junior Gold Miners ETF (GDXJ). However the problem with these ETFs is that they funnel attention to a select few companies whereas there is a large universe of fast growing gold stocks that offer exceptional risk-reward scenarios. One such company that appears poised for upside share price appreciation in 2015 is Aurvista Gold Corporation which has one of the largest undeveloped gold projects in North America with ~3 million ounces Gold (in all categories) at its Douay Gold Project located along the Casa Berardi Fault, in the prolific Abitibi greenstone belt of northern Quebec. It's Douay Gold Project is comparable in potential to rival nearby Malartic (10.8M oz) gold deposit & Detour Gold (15.6M oz) deposit. AVA.V's management team is executing on a plan to target, generate, and develop 5 to 10 million ounces Gold -- advanced enough to pique the interest of large miners/players.

The (2012) resource estimate at the Douay Gold Project (0.3 g/t cut-off) is:

- 238,433 oz gold Measured & Indicated (2,689,000 tonnes @ 2.76 g/T)

- 2,754,554 oz gold Inferred (114,652,000 tonnes @ 0.75 g/T)

The intrinsic value of AVA.V relative to its current market capitalization (~$6 million) appears disproportionate and presents exceptional opportunity for investors establishing a long position; shares of AVA.V are poised for upside revaluation as the inherent value and accomplishments are appreciated by the market, and apt to respond in multiples as gold retrenches and strengthens.

To date the Douay Deposit has received 657 drill holes, totaling 186,000 m, over a ~5km corridor, including 12,801 m in 2012 by Aurvista after acquiring the property in 2011 and capitalizing the Company.

Multiple high-grade zones: A big advantage that Aurvista's Douay Gold Deposit has compared to major low-grade high-tonnage area deposits, such as Malartic and Detour, is that Douay has multiple high-grade zones. AVA.V has identified 7 high-grade zones to date throughout the 5 km corridor, so far identifying ~300K ounces in the high-grade model. There is no history of mining on the Douay project, all high-grade remains intact.

Upcoming PEA to focus on mining Douay West zone: The most advanced section of its deposit is the Douay West zone hosting high-grade veins and shears, it contains anywhere from ~4 - 30 g/t of gold and the averages depending on the cut-off varies from say 4 to 8 g/t gold and currently appears to have ~150,000 ounces of gold hosted in potentially recoverable material -- a great starter for a scalable mining operation (open-pit, underground, or combined); the upcoming PEA, expected to be released Q1-2015, will provide an assessment of the economics and offer orientation as to where to focus. There appears excellent potential for an initial ~600 TPD open-pit operation, transitioning to underground mining. The Company has surface camp infrastructure in-place.

10M+ oz gold potential: Well on its way, Aurvista is aiming to discover and develop 5-10 million ounces gold; potentially 500,000 to 1,000,000 ounces in higher-grade ≥ 6 g/T, and 4,500,000 to 9,000,000 ounces in lower-grade ≤ 1.5 g/T. Currently the bulk of the Douay resource is with the disseminated low-grade model (0.3 - 2 g/t, but generally under 1 g/t) in the inferred category (2.75 million ounces gold Inferred (114,652,000 tonnes @ 0.75 g/t)).

Shares outstanding: 69,511,617 (fully diluted: ~$85M, however all options and warrants are well out-of-the-money with majority expiring in early spring-2015), market cap: ~$6 million. The recent trading price near C$0.07 is symptomatic of the out-of-favor market climate for mining equities, it presents tremendous opportunity for investors looking for an insurance-position in precious metals as AVA.V has serious intrinsic value established (3 million ounces gold to date), and will be adding value as it executes on its plan to become the next major gold mine in Canada.


This commentary is for information purposes only and is not a solicitations to buy or sell any securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URL(s).