July 13, 2020 (Viz Release) - - The Coronavirus pandemic has dominated the investment arena from the beginning of 2020 and will undeniably continue to do so for the balance of the year, if not longer. As a result, investors have been seeking safe havens which can protect their vital capital and even prosper during this unprecedentedly difficult time.
Not surprisingly, one clear answer can be found in the bedrock of commerce which has persisted, survived and brought increasing wealth to its owners for centuries. This answer is as attractive as its name; gold. The precious metals, gold in particular, have always served as a dependable shield against market chaos and also inflation. Gold is a life saver in times of trouble which we clearly have plenty of today.
The argument for being invested in gold, or the gold mining business remains resolutely strong, perhaps stronger than it has ever been in history.
Gold mining stocks are the simplest way for most investors to participate in the gold sector and can offer some of the highest payouts. Warren Buffett once said, "Bullion produces no income," so it may be wise to favor the upside potential of companies actively in the business of maximizing profits for their shareholders such as gold miners.
- Palayan Resources (PLYN) Presents a Timely and High Potential Opportunity
As a microcap play in the gold and other precious metals sector with a potentially high payoff, take a look at Palayan Resources (OTC: PLYN) currently hovering around an affordable $1.70 per share entry price.
And speaking of super high net worth names, PLYN has an association with Cicero Transact Group, Inc. (more on this below) whose Co- Founder is well known as an original "Shark" on the hit TV show Shark Tank, the creator of the infomercial, pioneer of the As Seen on TV brand, and co-founding board member of the Entrepreneur’s Organization. His legendary work behind-the-scenes of business ventures has produced well over $5 billion in global sales, the launch of more than 500 products, and the making dozens of millionaires. Twenty of his companies have each topped $100 million in revenue.
PLYN is an exploration and development stage company seeking world-class gold deposits. PLYN has chosen to focus on opportunities in the Republic of Kazakhstan, the former Soviet republic, and recently acquired land rights and underground mineral rights to the Kokkus Project, a gold and copper deposit in the country of Kazakhstan. The PLYN team going to work has extensive experience in mining and in-country government and business connections.
Kazakhstan is the world's leading producer of uranium, a top ten producer of copper and a major producer of gold plus other minerals. The country has not had significant modern mineral exploration for 30 years, and PLYN management believes there is significant potential for large mineral discoveries in the near future.
On June 19th PLYN and Scythian Mining Group Ltd. ("SMG") announced the closing of a Share Exchange Agreement pursuant to which PLYN acquired all of the issued and outstanding shares in the capital of SMG's wholly owned subsidiary, SMG-Gold B.V., a Netherlands incorporated company. The parties are working diligently to satisfy all requirements of the Transaction, including the transfer of shares of SMG-Gold B.V. to the PLYN.
SMG-Gold B.V., a private company incorporated under the laws of the Netherlands, holds certain mineral rights through Altyn Kokkus LLP, a Kazakhstan limited liability partnership organized and existing under the laws of Kazakhstan, identified by a Subsoil Resources Use Contract No 2068 for land rights and underground mineral rights to the Kokkus Project, a gold and copper deposit in Kazakhstan (the "Kokkus Project").
The Kokkus Project is a gold deposit located in the Karaganda Orblast, about 400 kilometers from the regional mining center of Karaganda. It consists of a Subsoil Resource Contract under Kazakhstan law covering approximately 16 square kilometers.
On June 29th PLYN announced a business development and data management services agreements with Cicero Transact Group, Inc. ("Cicero"). Cicero will supply targeted data to PLYN to assist the company with its marketing strategy within its industry verticals. Cicero will also assist in gold mining industry research and develop online and offline brand awareness content for the Company. The Cicero data management platform and network of company designated websites will target gold mining industry professionals, gold mining stock investors, family offices, and also multiple industry-related groups on social media. Those awareness efforts will provide a significant benefit to the company and help expand its brand recognition, including that of the recently acquired SMG-Gold B.V. ("SMG"). Cicero will not only provide PLYN access to direct industry targeted data, but it will also advise PLYN and its subsidiaries on how such targeted data can help execute their business strategy. Cicero will work closely with PLYN to help establish and assist with their core business objectives and lead generation campaigns.
On July 6th PLYN announced it had filed a Super 8-K on EDGAR with the Securities & Exchange Commission, which includes a change to non-shell status. The transition to non-shell status is a significant step in the company's ongoing progress and underscores its ability to build a strong gold exploration and mining presence in Central Asia. "Our entire team has worked diligently to move Palayan Resources rapidly beyond its shell status with our recent acquisition of SMG-Gold B.V.," said James Jenkins, President of Palayan Resources, Inc. "I am enthusiastic about our prospects as we push forward to expand our Kokkus Project in Kazakhstan and future exploration and mining opportunities. It is extremely validating to have achieved this important milestone for the company."
- Current PLYN Operations - Kokkus Gold Project, Kazakhstan
(For more project details, including drilling results and further in-depth analysis, visit:Â https://palayanresourcesinc.com/projects/)
Location: Kokkus, Kazakhstan is located a 4-hour drive from the region
(For more project details, including drilling results and further in-depth analysis, visit: https://palayanresourcesinc.com/projects/)
Location: Kokkus, Kazakhstan is located a 4-hour drive from the region.
Oblast Center of Karaganda, in central Kazakhstan, see map below.
Market Timing could be near ideal on PLYN at this moment with the company's new acquisition and operations coming together complemented by the surge in golf prices we are seeing from the global precious metals markets due to the Coronavirus crisis and all its related economic pressures, both short and long term. This is what investment security looks like.
For more information on PLYN visit visit www.goldrushstock.com
