Las Vegas, NV -- (SBWIRE) -- 09/22/2014 -- Investors concerned that the U.S. Stock Market may be over-heated and who seek profit potential in both a rising or falling tide, may have found their mark with Graystone Company (GYST). Having forged unique relationships, Graystone has created a niche that allows them to buy unrefined copper ore at 30% below daily spot refinery value. This strategy makes Graystone non-correlated to the U.S. Stock Market and able to profit in both raising and falling mineral markets.
Scattered throughout the highlands of Peru, hundreds of villages are all but forgotten by the rest of the world. These villagers live without power, water service, paved roads, or communications and support themselves on small gardens, chickens, and for cash they handdig for copper ore. Rattling along the treacherous mountain roads, Chinese ore scouts call upon the villagers, buying their piles of copper ore for just 50% of the smelt value. Bypassing the local economy, the Chinese load the ore into containers to be shipped to China for smelting - eventually to end up in a newiPhone or laptop.
In a recent interview with Uptick Newswire, Paul Howarth, CEO of Graystone, described their unique profit niche. Graystone (GYST) is a Nevada based company with mining interest throughout South America. In Peru, they have created a winning scenario for local miners and a win for Graystone (GYST). Graystone has forged relationships with the mining villages, lending tools, fuel, and other supplies to help the villagers succeed. Graystone purchases copper ore from local miners at a 30% discount against daily spot price, then delivers the ore to Peruvian refiners, saving transportation costs and turn time, while maintaining positive relationships with the localeconomy minded Peruvian Government.
Since Graystone (GYST) buys ore at a discount of the daily spot price, their profit margin is non-correlated to rising or falling metals prices. Their core value propositions are their experience, relationships with the Peruvian mining villages, licensing, equipment, and good-will with the Peruvian government.
Pictures and videos of the copper campaigns can be found at www.graystone1.com
About The Graystone Company
The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.
Forward Looking Statement
Notice Regarding Forward-Looking Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
This press release may also contain or refer to forward-looking information under SEC securities legislation and may include statements regarding the estimation of mineral resources, exploration results, potential mineralization, and exploration and mine development plans, and is based on current expectations that involve a number of business risks and uncertainties. Forward- looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.
Uptick Newswire
Everett Jolly
Please note that this press release has been revised from its original content.