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Aspa Gold Corp. (RENS)
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Monday, March 28, 2010 – Before Market Open Green Baron New “Stock Pick”
Aspa Gold Corp. (BB: RENS – $.0382 per share) Common Shares Outstanding / 199,138,370 Market Cap / $7.6 million Year 2011 High / $.10 Year 2011 Low / $.025 Average Price / $.052 (50-day) .048 (200-day) Average Volume / 62,508 (50-day) 130,238 (200-day)
Aspa Gold Secures 100% Ownership of 44 Claims and 22 Historically Producing Mines on 3600 acres in Arizona’s Premier Gold Producing District Easy Access Oatman Tailings estimated to produce over $50 million in Gross Profit with Gold at $1400 /oz. Green Baron’s 94th “Stock Pick” Since Inception Appears Ready to Explode Higher as Investors Realize Potential of this New Junior Mining Company - $50 million in profit would value RENS at .25 per share today! Potential for Billions More in the Ground! See New ASPA Video Chart On GB Home Page Now The price of gold continues to shine as it now consistently trades above $1,400 per ounce. Due to the tremendous profit potential in mining gold and silver, The Green Baron Report is actively seeking the best junior mining stocks to introduce to our members. We still believe Santa Fe Gold (BB: SFEG) and Aspire International (PK: APIT) remain drastically undervalued, but we have now found a very low priced stock that we firmly believe is at an ideal time and price point for accumulation. The Green Baron Report is officially making Aspa Gold Corp. (OTCBB: RENS - .03 per share) our 94th Green Baron “Stock Pick” since inception, our strongest level of coverage. Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at www.thegreenbaron.com and through email updates to members. We have very aggressive price projections for RENS and believe the stock has huge upside potential based on several positive fundamental and technical factors. Over the following weeks and months, we will track developments closely and analyze the factors that we expect will affect the price of the stock. TRADER’S NOTES: Essentially Aspa Gold started to trade in late November 2010 when volume took the stock from .03 to .08 in one day and it traded over a million shares. On December 1, 2010, RENS rallied to hit a high of .15 per share. Volume dropped off around the holidays and so did the price, but in early February 2011 RENS saw some activity that took the stock back up to .085. In early March just a few weeks ago, RENS actually traded as high as .10 per share. The pullback to support at .03 appears to be a perfect point of entry, and anything below .15 appears to be an absolute steal. The activity in RENS is a bit choppier than we like for a new Green Baron “Stock Pick”, but the upside potential is worth it in our opinion. Several market makers seem to be looking to bid stock in this range, and RENS has the ability to rally big in one day. The spread can widen some because the float remains low, but RENS is still very tradable. We certainly suggest you grab shares down here and hold on. ASPA Gold Corp. is an emerging gold mining company that has secured 100% ownership of 44 claims and 22 historically producing mines sitting on 3600 acres in the midst of one of the most historic and prolific mining regions located on the famous Walker Lane Gold Trend in Northwest Arizona. Before production halted in 1942 for the war, the Oatman Gold district produced some 3.8 million tons of ore with more than 2.2 Million ounces of gold worth over $2.8 Billion dollars at today’s prices. ASPA management believes that there is far more gold in the ground in our properties than has ever been mined. The Green Baron Report considers RENS to be at an ideal point of accumulation for our members and is a great opportunity to invest in a stock that has secured rights to a massive property with a successful mining history. Here are a few reasons why we believe you should grab shares of RENS right now:
About Aspa Gold Corp.: ASPA Gold Corp. is an emerging U.S. based Gold Mining and Exploration Company focused on a fairly aggressive development plan for its wholly owned claims and mines situated on over 3,600 acres and compromising of forty four (44) claims and twenty two (22) historic mines located in the historic Oatman mining district of northwest Arizona. The Oatman district is a well-known gold producing area in the heart of the famous Walker Lane Gold Trend which, before the shutdown of operations in WWII, produced more than 3.8 million tons of ore and 2.2 million ounces of gold. ASPA Gold Corp. is committed to the rapid extraction from the extensive tailings and dumps and evaluating the in-ground mineralization which is prolific on the company's properties. ASPA Gold Corp. is a North American Gold & Minerals Fund (Pinksheets: NMGL) Group Company. North American Gold & Minerals Fund owns 71.38% of the outstanding shares of ASPA Gold Corp. Common Stock. Objectives The first objective of ASPA Gold Corp. for "Oatman" Properties is to prove up the "Oatman" resources in the "Oatman" dumps and to bring these to account. This will be done by surveying the dumps followed by assaying the dump material by a local reputable laboratory. A logistics plan will then be put in place to process the material, possibly at the "Gold Road Mine" as detailed below. Only three miles from ASPA Gold Corp.'s "Oatman" property is the operating "Gold Road Mine" and Mill. The mineralization at the "Gold Road Mine" is very similar to the mineralization at ASPA Gold Corp.'s "Oatman" Mines. The "Gold Road Mine" has indicated a willingness to mill ore for other mines, one possible way to get started until production is high enough to fill up our own mill. The second objective of ASPA Gold Corp. for the "Oatman" Properties is to prove up the resources at the "Oatman" Properties to mineable reserves. ASPA Gold Corp.'s Board of Directors and Management are mining industry veterans and plan to deploy new technology for scanning the dispersion of mineralization. This will be achieved by aeromagnetic research and/or surveying and geophysical testing. This step will be followed by drilling, mine planning and equipment procurement and staffing and the appointment of a world class mining advisory service to ensure optimal extraction. The gold mineralization at "Oatman" is relatively shallow. Only one of the mines produced below 1,000 feet in depth. Open pit mines are much less expensive to operate and they are permitted in Arizona. Upgraded beneficiation technology will be deployed. The intention would be to optimize the mining plan which, under normal circumstances, would comprise open pit operations, however due to the volcanic nature of the ore body, this will require further research and investigation. It should be noted that ASPA Gold Corp. has a large number of mines situated on the "Oatman" Properties; many of them are relatively small. Multiple mines located on the same vein lend themselves to consolidation, thereby reducing operating costs and improving the economics of the consolidated operation. Oatman Background Historic records have shown that from 1900 to 1933 a total of 3.8 million tons of ore was removed. This produced 2.2 million ounces of gold which at the then gold price of US$20 oz. valued the production at approximately US$44,000,000, which at today's average price equates to approximately US$2,860,000,000. The silver production, which at that time averaged US$ 0.53/ oz., would at today's price of US$28.00/oz. be valued at $21,875,000. This is more than any other gold mining district in Arizona and together with the indicative resources that still remain in the ground, possibly one of the larger Gold projects in the history of the United States of America. The "Oatman" properties are located within the "Walker Lane Gold Trend." While not yet as famous as Nevada's Carlin Trend, the Walker Lane is notable for its numerous gold and silver deposits, such as the Comstock Lode and Tonopah (Silver), Gold Hill, Bullfrog, Paradise Peak, Rawhide, Goldfield and Mesquite (Gold). Nevada is still the nation's largest gold producer, but there is potential for explosive growth in gold production in the Arizona part of the Walker Lane and Oatman areas. The "Lexington" group, which is also in the Walker Lane is ASPA Gold Corp.'s prime target area due to the fact that a large concentration of veins falls within a concentrated area. Notwithstanding that "Lexington" has been worked historically, there is very significant unmined Gold mineralization that was missed by the miners of that period, as Miners in those days mainly focused on outcrops. It is therefore the intention of the ASPA Gold Corp. Management to initially concentrate on this area as it is considered to be the most promising. In the South, which comprises 16 mining operations, aerial surveys show a vein system that would allow ASPA Gold Corp. to consolidate various holdings therefore reducing average costs. The very substantial historic gold production at "Oatman" has all been from underground mining of high grade ore. In many cases ore less than half an ounce gold per ton was left on the dumps and not even sent through the mill. Today, in Nevada, gold is economically recovered from ore with only 1/20 of this gold content (.02 ounces per ton). Seven miles from ASPA Gold Corp.'s "Oatman" property, the "Moss Mine" has been extensively explored. Over 50,000 feet of drilling has been done to establish a gold equivalent resource of 606,535 ounces at a grade of only 0.029 ounces per ton. Dump sampling at ASPA Gold Corp.'s "Lexington" Mine done in 2005 found rock assaying much higher, as high as 0.434 ounces gold and 1.25 ounces silver per ton. The average was .133 ounces gold and .456 ounces silver per ton. This rock is sitting on the dumps and does not even have to be mined. At current prices of around US$1,400.00 per oz. for Gold and US$30.00 per oz. for Silver, the revenue potential of reworking the dumps located throughout ASPA's property amounts to upwards of $50 million. Carl Lausen from the Arizona Bureau of Mines stated in 1916, when describing the Oatman deposit area: Quote: "to a point where they could be extracted at a profit. An examination of Assay Maps for ore of the larger ore bodies of the Oatman District showed narrow zones, a few feet wide, carrying values up to US$500 per ton. Such high grade streaks generally parallel the long direction of the ore shoot as shown in plan. Sometimes the high grade streaks are near the footwall, sometimes near the hanging wall. They split into two or more branches, and, further along, again rejoin." Recent Key Press Releases Monday, March 7, 2011 – ASPA Gold Corp. Announces the Appointment of World Class Mining Finance Executives to the Board of Directors - RANCHO MIRAGE, CA - (Marketwire - 03/07/11) - ASPA Gold Corp. (OTC.BB - RENS) is pleased to announce the immediate appointment of two world class mining and finance Executives to its Board of Directors. These Board appointments of Mr. Peter Cronshaw and Mr. Ted Blom now position ASPA Gold Corp. to aggressively, cost effectively and scientifically develop its existing Gold Properties. Mr. Peter Cronshaw has had a very remarkable 40 year career with extensive management and mining experience whilst serving on the boards of many major and junior mining and financial companies. Mr. Cronshaw has had extensive corporate and management experience with his specific skills being in strategic planning, investment research, mineral property valuation, due diligence investigations, feasibility studies, marketing and corporate communications within the Mining and Financial Services Sectors. Mr. Cronshaw makes frequent appearances on financial television programs and is quoted by major financial publications as an expert in both the finance and mining sectors. Mr. Cronshaw is also a qualified Geologist and Geochemist. Mr. Ted Blom has had a distinguished career with a vast experience in mining and energy with his special expertise in commercial transactions and business development. Mr. Blom has been involved with some of the world's largest energy and mining deals and has helped to raise billions of dollars through various financing mechanisms for major mining projects throughout the world. Mr. Blom is frequently interviewed on television, radio and the press in his capacity as an independent expert advisor in mining and energy. Mr. Blom is now a strategic advisor and consultant to global hedge funds and private equity funds on investments in energy and mineral plays. Mr. Blom has consulted and explored projects and proposals involving most minerals found on the African Continent, including Gold, Nickel, Silver, Platinum, Manganese, Aluminum, Coal, Graphite, Diamonds, Titanium and Chromium. ASPA Gold Corp. is filing a Form 8-K today in respect of these appointments to its Board of Directors and this filing contains the very detailed resumes of both Mr. Peter Cronshaw and Mr. Ted Blom. Ron Lowenthal, ASPA Gold Corp. CEO, said, "We are extremely proud to announce the appointments of such a prestigious management team to the Board of Directors of our Company. I believe that is truly remarkable for an emerging mining company to have the skills and experience of such talented professionals to draw upon." Ron Lowenthal added, "To have a world class company, you need a world class team and that is what ASPA Gold Corp. has achieved." ASPA Gold Corp. has accepted the resignations of Messrs Pummill, Wolin and Arthun from its Board of Directors as it now exclusively focuses on its recently acquired Gold Exploration and Mining interests. Thursday, March 3, 2011 - ASPA Gold Corp. Announces the Appointment of an Investor Relations Firm - Global Media and Corporate Relations Appointed - ASPA Gold Corp. is pleased to announce that it has appointed Global Media and Corporate Relations (GMCR) to deal with all Investor Relations functions for ASPA Gold Corp. Ronald Lowenthal, recently appointed ASPA Gold Corp. CEO, said, "ASPA Gold Corp. has built a strong position in the market by acquiring historically significant gold claims and gold mines with immediate profit potential and with the possibility of bonanza sized discoveries in addition to the extensive known mineralization. The appointment of a well-established IR firm to handle our investor relations needs now makes a lot of sense given the care with which we have positioned the company including but not limited to the substantial retirement of shares of our Common Stock and the elimination of all historical company debt in advance of the immediate appointment of two additional and very experienced directors both with substantial Mining experience at the highest level, the extension of our sampling program on the above-ground Dumps and Tailings and the extension of the exploration activities; coupled with the planned commencement of the initiation of our physical mining operations." The Investor Relations Firm will also be responsible for creating significant awareness for ASPA Gold Corp. and will serve to introduce the Company to investors over the coming weeks and months. Their initial focus will be to provide investors with an insight into the Company, its assets and its plans for production from the Gold Mines in order to extract maximum value for stockholders. This should also serve to bring substantial liquidity into the market. David King, President of Global Media and Corporate Relations, said, "We are extremely pleased to be working with an emerging gold mining company of the caliber of ASPA Gold Corp. We have reviewed the company's portfolio as well as the historical and geological data of which there is an abundance and we are very satisfied that ASPA Gold Corp. has the potential to become a first class junior mining company in a very short timeframe. Given the ascendance of the gold market, we truly feel that this company is in the right place at the right time. All the indications that we have point to an extremely undervalued stock that should provide investors with plenty of long term appreciation." ASPA Gold Corp. is planning to announce the release of its very detailed and informative website within days and this is to be immediately followed by the news of its corporate developments, the report from the Company's Consulting Geologist and the details of further and more intensive exploration, evaluations and the Company's mining plans. This information has been carefully evaluated and prepared over some months and will now be made public. Investors can reach Investor Relations for ASPA Gold Corp. at (407) 403-6670 Green Baron Conclusion Improved technologies, better equipment, and a much higher price of gold all make this junior mining company a standout. Veteran management has successfully grabbed one of the largest and most prolific mining sites in the United States. A similar attempt was made by a company 20 years ago, but as the price of gold dropped below $300 per ounce back then so its efforts proved fruitless due to low margins. Now that gold is over $1,400 /oz. and silver is riding high at over $37 /oz., there is a major window of opportunity for mining companies to lay claim to sites that have valuable tailings or mineable land that was proven to hold large amounts of precious minerals in the past. Aspa is positioned to profit substantially through its acquisition of these large, historic claims in Arizona. The management of Aspa Gold understands that mining new property costs money. In order to produce immediate cash flow and profits, they have identified a large stockpile of high grade tailings and a way to process them quickly. The Green Baron Report believes that this management team has the extensive experience to achieve profitability quickly and go after the bonanza type ore bodies that likely exist on these large claims.
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