The little known gold play

Consolidated Spire Ventures Ltd. (V.CZS) is a small gold exploration company on the rise. Their prime holding is the Prospect Valley gold property located in British Columbia. The company recently released a National Instrument 43-101 compliant technical report on the property, and the news looks great. The estimates are between 220 000 oz. to 3.7 millions oz. of gold. Take a look at this article, Dow Jones' Brian Truscott noted in an April 9th story, "What makes this event rather unusual is the kind of geology this Canadian gold and silver exploration junior is sitting on: a low-sulphidization stockwork system that could one day lend itself to a high-tonnage, low-cost, open-pit, low-grade gold operation devoid of the normal contaminants often found in BC mines, such as lead, zinc and copper." While Truscott pegged Consolidated Spire's attributes, the company drew crowds at the PDAC 2008 convention in Toronto where AXcess News' Alan Fein noted in a story earlier in March that "several major mining companies met with CZS executives to discuss the company's gold properties." Now I would expect CZS to pull back a little bit, but once they start drilling and then confirming the gold, this stock is going to fly, and at the moment picking this thing up in the teens wouldn't be such a bad idea. Talk about a diamond in the ruff, with gold most likely heading over $1500 an oz. in the near future, you can't go wrong with a promising play such as CZS.