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Santo Mining Corp SANP
Posted On: 10/25/2012 11:00:45 AM
Post# of 612
Posted By: Barbershop

Postive Information for SANP:


The article from the Dominican Today discusses the struggles of many South African mining companies in comparison to operators in the Dominican Republic's Hispaniola Arc, which are thriving. The author believes that the South African mining disruptions will increase demand for gold production from the Dominican Republic. Some of the more interesting quotes from the article include:



"The Dominican Republic is one example of a region that could benefit from South Africa's persistent labor issues. The country has a pro-mining policy and is a full member of the DR-CAFTA Treaty, under which foreign investors from the U.S. and the other member countries are covered by a wide spectrum of protective provisions. The Hispaniola Gold-Copper Back-Arc, a volcanic belt running the width of the island, contains significant reserves of gold and silver as well as industrial metals."



And



"Companies here in the Dominican include a who's who of mining leaders such as Goldcorp, Perilya Gold, Goldquest, Newmont Mining, Eurasian, Everton, Brigus (BRD), Unigold, and Xstrata. But investors seeking an up-and-comer might want to consider taking a closer look at a junior gold exploration firm, Santo Mining Corp. (SANP).




The company has moved decisively to acquire six high-potential claims within the gold region, alongside many of the best-known names in the business—and could very easily be on the path to much bigger things."















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