Re: Silverado Launches Chinese Website to Attract Asian Stock Investors
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Feb 28, 2008 01:05AM
Silverado Launches Chinese Website to Attract Asian Stock Market Investors
Thursday February 28, 5:00 am ET
This innovative, leading-edge initiative is market and demand driven. The opportunity to build awareness for Silverado in this burgeoning investor marketplace is huge. The prospect to enhance, diversify and expand the investor pool for Silverado is equally attractive.
- China's economy is producing 300,000 new millionaires every year. - China is expected to have 500,000,000 middle class within the next two years. This new middle class has a strong, proven appetite for investing in the stock market, particularly microcap stocks. - There is a $15-$18 billion outflow of capital from China. - There are over 75,000,000 registered individual stock market 'players' in China. - Dozens of new brokerage firms have been established in China. Major North American broker companies have also been building a strong presence in China as well. - The portals have been opening for investors from China to access North American stocks.
"This is an interesting test initiative for us," states Garry Anselmo, Silverado's President and CEO. "Silverado is in two of the hottest markets today, gold and energy. The stock is affordable, undervalued, and highly liquid. These are the kind of features that should appeal to Asian stock market players. Synergy will carefully monitor the program, and report back to our Board."
Contact Information - Silverado Gold Mines Ltd.
Silverado is an international company focused on gold exploration, and a new environmentally friendly Fuel Technology. Silverado has gold properties located throughout Alaska which include the 100% owned Nolan Placer Gold Mine. Trading Symbols, OTC BB - SLGLF, FRANKFURT - SLGL
Suite 1820 - 1111 West Georgia Street, Vancouver, British Columbia, Canada V6E 4M3, Telephone: (604) 689-1535, Facsimile: (604) 682-3519
To learn more about Silverado Green Fuel Inc. and watch the Green Fuel Video, visit: www.silveradogreenfuel.com
Silverado Gold Mines Ltd. www.silverado.com More Information? http://www.silverado.com/investors/request/
This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
CONTACT: Investor Relations: E-mail: ir@silverado.com; Public Relations: E-mail: pr@silverado.com, Toll Free: 1-800-665-4646 (Canada and USA only)