Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, December 14, 2012

Article Excerpt

Stock Pickers Digest Hotline. Friday, December 14, 2012 Dear client, GABRIEL RESOURCES, $2.61, symbol GBU on Toronto, has won a referendum related to its bid to build a mine at its 80.46%-owned Rosia Montana gold and silver project in Romania. The proposed mine is near the site of ancient Roman mining tunnels. That has triggered protests from environmentalists, historians and other civic groups. Gabriel’s mining plan envisions four open-pit quarries. To build them, the company will need to remove four mountaintops. Three of Rosia Montana’s 16 villages will also need to be relocated. The plan would preserve the community’s historical centre. A regional referendum on the issue was held on December 9, 2012. Of the voters who participated, 62.45% supported the resolution to resume mining around the Apuseni Mountains and specifically at the Rosia Montana project. In the community of Rosia Montana itself, support was even higher, at over 78% in favour. Voter turnout was 43.2%, which was higher than average for national parliamentary elections but short…