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Stock Ideas Wall Street Stock Ideas Stock Alert VIPR [Itigi Manyoni ] 
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| Stock Alert VIPR [Itigi Manyoni ] |
| Monday, 03 November 2008 | ||||||||
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With VIPR so far off from its high the potential for gains is very high compared to its downside risk. VIPR not only helps protect our environment but could make a nice profit while doing so! Uranium is one of the more common elements in the Earth's crust. An important fact about uranium is that it's clean. Contrary to fossil fuel, nuclear electricity does not contribute to air pollution or carbon dioxide emissions. Increasing carbon dioxide emissions cause about 50-60% of the global warming! VIPR realizes that countries will need more and more uranium as they turn to nuclear power for their power needs. Countries such as France have been using Nuclear Power for 80% of its power needs. More and more countries such as Germany have mandated nuclear as its first clean choice for its power needs! VIPR's Itigi/Manyoni Uranium Property in Tanzania could quickly supply the heavy demand for uranium all around the world. VIPR has a great advantage in Tanzania as Tanzania's secure and just British style judicial system enables them to have the designation of a low political risk country in mining. VIPR President and CEO, Mr. Mike Gerstner stated, "We are pleased to be moving forward on Itigi Manyoni as demand for Uranium is expected to increase as the world's energy needs and concerns for the environment continues to be a priority for many governments around the globe."
The level of erosion in the granitic rocks in VIPR's Itigi/Manyoni uranium property may have played a great role in the economic potential of uranium deposit. The deeper the level of erosion and stripping off of any high level granite differentiates; the result is the accumulation of an economical uranium deposit. The radiometric surveys in the area have identified a total of 14 u- zones in qds 141 and assigned priority for a follow-up. VIPR is in the right industry considering that over the past 10 years, nuclear has been the fastest growing source of electricity generation worldwide! But let's not forget that VIPR's other property is gold! Gold has already increased 120% in the last 5 years!! Even Jim Cramer has projected that gold will go to $1,600 per ounce! VIPR has reported that grab samples taken from its Singida Gold Property have returned positive assay results of up to 4.86 grams of gold per ton. VIPR President and CEO Mike Gerstner commented, "These positive sampling results are the latest of several highly promising indicators of our Singida Gold Property's potential to host an economically significant resource base. Our concessions lie directly adjacent to and along strike from Shanta Gold Limited's Singida Project where initial exploration drilling has identified an indicated resource of 543,000 ounces of gold worth an estimated $500 million." VIPR's gold property has many advantages being located in Tanzania also. Tanzania has become one of the fastest emerging gold producers in Africa, and is now the continent's third largest gold-producing country after South Africa and Ghana! Tanzania hosts several world class mines including Anglogold Ashanti's 27 million ounce Geita Mine which produced 327,000 ounces in 2007. VIPR could quickly become the next huge gold mine in Tanzania! VIPR has signed an agreement to purchase two mining licenses and concessions in the rich Geita region of Tanzania. VIPR's project is called the Geita North Project, located in the renowned Geita region of Tanzania. This region in Tanzania is known for possessing significant mines and discoveries owned and operated by several multi-national mining companies. More information on VIPR is available at their website: From Hototc.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
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