Mississauga, ON -- (SBWIRE) -- 12/09/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Medgold Resources and Centerra Gold Strike Deal for Interest in Portugal Gold Project."
Companies mentioned in this article include Medgold Resources Corp. (TSX-Venture:MED), Centerra Gold Inc. (TSX:CG) and Klondike Gold Corp. (TSX-Venture:KG).
To some, the mention of gold in Portugal sparks a debate about monetary bailout for a country mired in debt, or World War II, so-called Nazi gold and stockpiles of bullion said to be locked in vaults at the Bank of Portugal on the aptly-named Gold Road in Lisbon estimated in 2011 to be in excess of $18 billion, as discussed in the Wall Street Journal and Time.
To others, it has nothing to do with wolfram and gold swapping; it means actual gold mining in Spain's neighbor.
Portugal is a focal point for Vancouver-based Medgold Resources Corp. (TSX-Venture:MED), with two advanced exploration projects in the northern part of the country and two other grass roots projects. Medgold also has one early-stage project just north of Portugal in Spain. Following a $1.65 million capital raise in February, the company has been advancing its Lagares, Vila de Rei and Ponte da Barca exploration projects, which cover over 1,000 square kilometers in Portugal.
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