|
July 20, 2002 Home l Broadcast l 2007 Experts l About Us l Contact Us |
|
Topic:
The Fundamentals on Gold |
|
|
|
|
Tan Range established its presence in Tanzania in 1993. Today, it holds over 70 prospecting and reconnaissance licenses totaling some 3800 square kilometers. Over the past decade, the Lake Victoria greenstone belts of Tanzania have evolved as one of the best regions in the world to host gold deposits greater than 3 to 4 million ounces (considered the minimum threshold to attract the senior gold producers). Tan Range is well focused and well positioned in this gold-rich region of East Africa. Mr. Sinclair provides Tan Range with the strategy for its corporate growth and is primarily responsible for providing the leadership necessary for the Company to complete its evolution into a gold royalty company. Mr. Sinclair became Chairman of Tan Range following a Special Meeting of Shareholders held in April 2002 in which shareholders voted 98% in favor to approve a transaction for Tan Range to acquire Tanzania American International Development Corporation 2000 Limited, a Tanzanian gold exploration company controlled by the Sinclair family. Mr. Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader. His past experience includes that of founder of the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles. The companies, which operated branches in New York, Kansas City, Toronto, Chicago, London and Geneva, were sold in 1983. Mr. Sinclair served as a Precious Metal Advisor to Hunt Oil and the Hunt family from 1981 to 1984 for the liquidation of their silver position as a prerequisite for the $1 billion loan arranged by the Chairman of the Federal Reserve, Paul Volcker. Mr. Sinclair was a general partner and member of the executive committee of two New York Stock Exchange firms and also President of Sinclair Global Clearing Corporation (Commodity clearing firm) and Global Arbitrage (derivative dealer in metals and currencies). Mr. Sinclair was President of James Sinclair Financial Research SARL in Luxembourg. Mr. Sinclair held the position of Chairman of Sutton Resources from 1989 to 1995. Jim Sinclair is the author of numerous magazine articles and three books, which deal with a variety of investment subjects, including precious metals, trading strategies and geopolitical events and their relationship to world economics and the markets. Expert
Contact Information |
|
Financial Sense Newshour Home l Broadcast l 2002 Experts l About Us l Contact Us |
Copyright ©
James J. Puplava Financial Sense ® is a Registered Trademark
P. O. Box 503147 San Diego, CA 92150-3147 USA 858.487.3939
disclaimer