%20a%20development%20stage%20company,%20focuses%20on%20the%20acquisition,%20exploration,%20and%20development%20of%20mineral%20resource%20properties%20in%20North%20America.%20SILA%20primarily%20explores%20for%20silver%20and%20gold%20deposits.%20SILA){kind=link}
Watch This Video - A Can't Miss From Pennytobuck.com - Gold American Mining Corp, Sila.ob
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Gold American Mining Corp. (OTCBB:SILA.OB) a development stage company, focuses on the acquisition, exploration, and development of mineral resource properties in North America. SILA primarily explores for silver and gold deposits. SILA"s properties include Keeno Strike project, which is located in the Clark County, Nevada; and Guadalupe project that is located in Zacatecas State, Mexico. SILA was formerly known as Silver America, Inc. and changed its name to Gold American Mining Corp. on June 23, 2010.
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I think we all know what's going on with the worlds economy, it doesn't look very good, especially as governments globally are selling their sovereign debts to salvage them self and their banking systems. But there appears to be one staple that investors feel comfortable with, and more and more they are returning to this value standard, Gold! Yes Gold is scarce in comparison to the world of paper finance, even the IMF understands the real value of Gold, which by the way on Friday closed at $1,244.50 per ounce. Gold has become even more valuable because it has a separate value, an intrinsic value. a value apart from its currency relationship to money.
We know as paper currency increases, which is known as inflation---so does the value of gold, which investors look at as a hedge against paper inflation.
One company is in the process of developing Gold mines in Nevada and Mexico, ---Gold American Mining Corp. ---they are an over the counter Bulletin Board company with the trading symbol SILA.OB--they are a precious metals exploration company focused on the aggressive, ongoing acquisitions and exploration of holdings with rich gold and silver production potential.
Gold American is Based in Reno, Nevada,-- they have developed a promising portfolio of international properties that are in regions marked by stable politics, sound economies and friendly business relations. New uses for silver are being discovered daily, adding to demand which is fueled by electronics consumption across the middle class and in emerging economies such as China and India, as well as through new markets such as RFIDs, solar, medical applications and food hygiene; meanwhile, growing investor interest in silver is reflected in the significant rise in demand for physical silver, especially via ETFs.
Demand for gold stems from the precious metal being a desired investment asset as well as its versatility and usefulness in jewelry and the arts, electrical and electronics applications, and dental and other applications.
Last Trade: 0.72
Change: 0.56%
--- For more information about the Company and its projects, visit Gold American's website at www.gold-american.com .
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