SOURCE: Maybach Financial Group

Maybach Financial Group

October 12, 2007 14:21 ET

Big Buy Outs and Further Results: A Focus on Miramar Mining Inc, Eldorado Gold Corp. and Newmont Mining

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Maybach

GRANDE BAY, MAURITIUS--(Marketwire - October 12, 2007) - Comments made in this release are those of Maybach Financial Group and any questions or comments should be directed to the contact information located at the bottom of this release.

Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the markets, we are focusing on Miramar Mining Inc. (TSX: MAE), Eldorado Gold Corp. (TSX: ELD) and Newmont Mining (NYSE: NEM). For the full report, visit www.maybachfinancial.com

The Maybach Financial Group www.maybachfinancial.com will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit www.maybachfinancial.com for a complimentary subscription to the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.

The absolute best time to buy a mining stock is just prior to the drilling of a "discovery" hole. Although discovery holes are few and far between, you've probably seen at least one of these geysers on CNN or TNT. They provide spectacular images for television, and spectacular returns for investors.

Miramar Mining Inc, (TSX: MAE), a Canadian gold company that controls the Hope Bay Project, is one of the largest undeveloped gold projects in North America. The Hope Bay Project extends over 1,000 square kilometers and encompasses one of the most prospective undeveloped greenstone belts in North America. This week the Company was acquired by Newmont Mining (NYSE: NEM) for 1.5 billion dollars.

The offer represents a premium of approximately 29% over Miramar's 20-day volume weighted average trading price on the TSX through October 5, 2007.

Eldorado Gold Corp. (TSX: ELD) was pleased to announce further results from their ongoing drill program at the Efemcukuru Project in Western Turkey. These results are primarily from the backlog of pending holes that tested the South and Middle Ore Shoots of the Kestane Beleni vein this summer. Initial results from drilling on peripheral targets as well as the North Ore Shoot are also disclosed. These data will be used to update the Efemcukuru mineral resources and reserves at year end.

When it comes to the mining sector, the fact is these companies give investors massive leverage to the price of the underlying commodity, whether it be gold, silver or copper.

You see, most of the companies don't actually mine these metals. Instead, they actively explore for the ore around the world, often selling their discoveries for huge sums. So what happens when a discovery hasn't been made for ages? What happens if the price of commodities fall?

Simple. Look into investing in areas where the volatility of the economy and commodity prices don't affect the share value of a company.

Visit www.maybachfinancial.com to receive our Special Report #1 with information on how to combat the markets.

For a limited time only, gain access to Maybach and our reports free of charge with no credit card or payment information required. Visit www.maybachfinancial.com for your free subscription.

Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. There is no financial relationship that exists between the issuer of this release and the company whose stock is mentioned in the release. Please view the disclaimer at http://www.maybachfinancial.com/terms.php

Statements made in this release may include forward-looking statements and projections, made in reliance on the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Maybach has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. Maybach makes these statements and projections in good faith, neither Maybach nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. All material herein was based upon information believed to be reliable. The information contained herein is not guaranteed by Maybach to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Maybach assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Maybach, whether as a result of new information, future events, or otherwise.

Contact Information

  • CONTACT:
    The Maybach Financial Group
    Toll Free: 1-800-344-4888
    Email: Email Contact