Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, July 22, 2011

Article Excerpt

GABRIEL RESOURCES, $7.69, symbol GBU on Toronto, has been granted a new archaeological discharge certificate for its 80.46%-owned Rosia Montana gold and silver project in Romania. The previous certificate, granted in 2004, was cancelled by an appeal court, which ruled that mining in the area would affect protected archeological remains. The proposed mine is near the site of ancient Roman mining tunnels, and had been the subject of protests from a group called the Rosia Montana Cultural Foundation. To get the archaeological discharge certificate, Gabriel has agreed to spend $70 million to preserve and develop local archeological and historic sites. The archaeological discharge certificate will help Gabriel get the other permits and approvals it needs to advance the Rosia Montana project. Rosia Montana contains an estimated 10 million ounces of gold, and could produce 500,000 ounces a year. That could make it Europe’s largest producing gold mine. Gabriel Resources is a buy for aggressive investors. CHIPOTLE MEXICAN GRILL, $335.52, symbol CMG on…