Antioquia Gold: A Confluence of Events

Despite upheaval in the global economy, we continue to stand by our thesis concerning steady and growing commodity demand throughout the world – but particularly in the Emerging World. A recent example is Eike Batista, the Brazilian billionaire, announcing recently his company’s plans to sell thermal coal to other South American countries as well as on international markets. Majors like Xstrata, BHP Billiton, and Anglo American are producing and exporting coal in Colombia from Cerrejon (the world’s largest open pit coal mine) with plans for major expansion, Colombia remains firmly “on the map” regarding commodity resource development as we have suggested in the past.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]