Aussie geologist demystifies mining reports
for ordinary investors
Iron Ore Deposit
An
Australian resource geologist has launched a new educational tool
targeted at leveling the playing field for mum and dad investors
planning to profit from the nation�s mining boom.
Perth-based
geologist Jason Barnett has spent yesteryear decade employed in
underground and open-cut mines in Australia and Canada, producing
top-level resource estimates for various commodities including gold,
iron ore, copper and nickel.
His new books, �Understanding Gold
Announcements� and �Understanding Iron Ore Announcements� lay out the
key options that come with economically viable mineral deposits and let
inexperienced investors to confidently interpret company resource
reports.
�Mining companies release results constantly, as well as
the facts are, those results can have a real, material effect on share
price,� he explains.
�Unfortunately, their reports are often
difficult to understand if you�re not an engineer or perhaps an
experienced trader, and can be quite misleading for your ordinary
investor.
Having the capacity to interpret these results could mean
the difference between identifying a great potential investment and a
bad one.�
Barnett says he developed the educational books after
realising that perhaps the most elementary information regarding mining
exploration and iron ore bodies was over the budget for many
Australians.
�I couldn�t find any information that ordinary people
could access; it�s usually the kind of detail that�s circulated within
the upper echelons of resource companies or discussed behind board room
doors.�
His two books, on interpreting gold and iron ore bodies,
provide Barnett�s own mining and commodities experience, and a number of
interviews with top-level mining executives all over the world.
Many
of the interview subjects spoke to Barnett, on the basis of anonymity,
since they backed his vision of demystifying the resource exploration
process for ordinary Australians.
�A large amount of these guys are
sick and tired with companies issuing reports written purely to affect
their stock price, rather than as part of the regulatory reporting
process,� he stated.
�The books are unbiased, simple, and
straightforward to see, and will really give just about anyone an
awareness of basic mining and resource exploration principles in a
afternoon.�
He could be currently taking care of two more books, targeting copper and nickel commodities.
Barnett
warns, however, that focusing on how mining companies report their
resource results and being able to interpret their discoveries doesn�t
necessarily guarantee meals ticket at the table of Australia�s current
mining boom.
�There remain many factors which are into a profitable
trade, just like the company�s executive management, global conditions,
as well as other pressures in the marketplace day-to-day.�
Barnett�s books are available online at www.marketsensitive.com.au for $39.95.
Iron Ore Deposit
For more information, samples of the books, media interviews, or high-res images, call Jason Barnett on 0427 710 423.