Thursday, May 20, 2010

*** TAON Has Excellent Gold Mining Prospects ***

#1. Positive Market Conditions for the Gold Market

The market is fragmented and composed of a fairly small number of large companies, but they tend to operate in several regions and have some diversification in their product portfolio; thereby minimizing competition. The high capital outlay and fixed costs in setting up and maintaining mining equipment and facilities serves to dissuade new entrants. Similarly, rivalry amongst incumbent players is increased by high exit costs.

Also, improving global economic conditions have benefited commodity prices; thereby improving the market and attracting new entrants and easing competition amongst incumbents.
Tao is poised to resume operations and move the project to the production stage. With security issue sorted out TAON could expect production to start in full swing in the coming quarters.
The Company is well poised with its mining properties, an experienced management team, and an aggressive business plan to take advantage of the rising gold prices.
With the improvements the Company has made with operations federal and local authorities and security, production to start in full swing could occur in the near term.

#2. TAON Retains Colombian Legal Firm

The Company has retained the highly respected Colombian legal firm of Gutierrez Marquez Asesores S.A. to represent Tao in all aspects of applicable Colombian law pertaining to its operations in Colombia. Gutierrez Marquez Asesores S.A. will play a crucial in Tao’s quest to acquire, explore, develop and commercialize its present gold properties and any new property acquisitions it makes in Colombia.
#3. Tao Minerals Announces Hiring of Evian IR Investor Relations

Tao Minerals Ltd. (TAO) OTCBB: TAON announced that it has entered into an agreement to hire Evian IR as its investor relations firm. Evian IR is a full service investor relations and public relations provider. Evian IR has extensive experience with emerging mining resource companies and TAO looks forward to working with Evian IR to facilitate the prompt and thorough dissemination of information regarding new corporate developments to shareholders and prospective investors. This could assist in increasing demand in shares... and, in turn, and increase in share prices.

#4. Strong Gold Exploration, Development and Mining Outlook

The global gold market generated total revenues of $73.5 billion in 2009, representing a compound annual growth rate (CAGR) of 20.1% for the period spanning 2005-2009. Market production volumes decreased with a compound annual rate of change (CARC) of -1.2% between 2005-2009, to reach a total of 2.4 million kg in 2009.

And there's even more...

The market's volume is expected to rise to 2.4 million kg by the end of 2014, representing a CAGR of 0.5% for the 2009-2014 period. The performance of the market is forecast to decelerate, with an anticipated CAGR of 0.2% for the five year period 2009-2014, which is expected to drive the market to a value of $74.3 billion by the end of 2014.
TAON Could Be a Very Popular Stock Going Forward...Watch it Trade!
TAON saw significant interest on May14th....
And, the volume was 5 times its three month average, which gives an indication that there is inherent strength in the stock’s chart.
Specifically, there are indicators suggesting it could rise to $0.35 in the coming week and test its all time high of $0.72 if gold prices keep rising.
Open your trading stations to TAON and watch it trade!



http://www.taominerals.com/



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