I was in attendance at the Vancouver Gold show today. I met a good trading friend of mine at around noon at one of the hotels, it was split between two hotels this year because of the Olympics, and i assume the size of the show. It was hard to judge but i think the boot count was higher thatn last year since EVERY square foot was utilized in both hotels. Booths were crammed into every available square foot.

There were men and women,young and old and everything in between..i think the word on gold is getting out there but we are still years off the mania and blowoff..

There wasnt anything groundbreaking as far as new info but it always behooves an investor to go look into the eyes of the people running the companies you invest in.. I spoke in depth with treasury metals and am very satisfied with the running of the company and its goliath project.

My personal observation was that most companies are cashed up and money seems to be fairly easy to raise right now. This coming year will certainly be a great one for the venture exchange and the junior gold and silvers. The insiders have personally put up money and have stakes in their companies successes (the good ones anyhow) and I’m betting the savvy junior investor has positioned himself for a big run up in the coming months as the rest of the world discovers the incredible returns that can be had in the canadian gold markets.

Mexico seems to have the attention of a lot of companies right now. I did some digging into the Morelos area where Gleichen and Newstrike both have ground, neither were in attendance with all that is going on with Morelos and the ROFR right now but i spoke with several knowledgeable people familiar with the area and the geology is very very encouraging.

Gleichen has a new Investor Presentation available

I hope everyone that attended got something out of the show

It continues tomorrow for those that didnt attend today

January 17th, 2010
Categories: General . Author: admin