August 12, 2020 (Viz Release) - - Palayan Resources, Stock Symbol: PLYN is pleased to announce the appointment of Original Shark Tank Investor and Global Infomercial Inventor Kevin Harrington as an Advisor to the Board and Consultant for PLYN
Savvy Investors Seek Gold in Times of Turmoil; Microcap Gold Miner Palayan Resources (PLYN) Could be Just the Right Opportunity at the Right Time
PLYN Palayan Resources is an Active Mining Company Focused on World Class Gold Deposits; New Acquisition Brings Mineral Rights to a Promising Property in Kazakhstan
Throughout his corporate ventures, he has launched more than 500 products, driving over $5 billion in sales. As a board member, Kevin co-founded the Entrepreneur"s Organization and his legendary work behind-the-scenes of business ventures with his entrepreneurs has produced dozens of millionaires.
Twenty of the companies with which Kevin has been involved have each topped $100 million in revenue. Could PLYN be next?
"I can think of no better way to serve," said Harrington. "I am very excited to join Palayan to help advance its Kokkus Project! I will share my vast knowledge and resources with the Board and help the Company during this period of growth as it comes out of obscurity and turns into a first-class gold company!"
The Coronavirus pandemic has dominated the investment arena from the beginning of 2020 and will undeniably continue to do so for the balance of the year, if not longer. As a result, investors have been seeking safe havens which can protect their vital capital and even prosper during this unprecedentedly difficult time.
Not surprisingly, one clear answer can be found in the bedrock of commerce which has persisted, survived and brought increasing wealth to its owners for centuries. This answer is as attractive as its name; gold. The precious metals, gold in particular, have always served as a dependable shield against market chaos and also inflation. Gold is a life saver in times of trouble which we clearly have plenty of today.
The argument for being invested in gold, or the gold mining business remains resolutely strong, perhaps stronger than it has ever been in history.
Gold mining stocks are the simplest way for most investors to participate in the gold sector and can offer some of the highest payouts. Warren Buffett once said, "Bullion produces no income," so it may be wise to favor the upside potential of companies actively in the business of maximizing profits for their shareholders such as gold miners.
- Palayan Resources Presents a Timely and High Potential Opportunity
As a microcap play in the gold and other precious metals sector with a potentially high payoff, take a look at Palayan Resources (OTC: PLYN) currently hovering around an affordable $1.70 per share entry price.
And speaking of super high net worth names, PLYN has an association with Kevin Harrington, via the company"s agreement with Cicero Transact Group, Inc. (more on this below) Kevin Harrington is well known as an original "shark" on the hit TV show Shark Tank, the creator of the infomercial, pioneer of the As Seen on TV brand, and co-founding board member of the Entrepreneur"s Organization. His legendary work behind-the-scenes of business ventures has produced well over $5 billion in global sales, the launch of more than 500 products, and the making dozens of millionaires. Twenty of his companies have each topped $100 million in revenue.
PLYN is an exploration and development stage company seeking world-class gold deposits. PLYN has chosen to focus on opportunities in the Republic of Kazakhstan, the former Soviet republic, and recently acquired land rights and underground mineral rights to the Kokkus Project, a gold and copper deposit in the country of Kazakhstan. The PLYN team going to work has extensive experience in mining and in-country government and business connections.
Kazakhstan is the world"s leading producer of uranium, a top ten producer of copper and a major producer of gold plus other minerals. The country has not had significant modern mineral exploration for 30 years, and PLYN management believes there is significant potential for large mineral discoveries in the near future.
On June 19th PLYN and Scythian Mining Group Ltd. ("SMG") announced the closing of a Share Exchange Agreement pursuant to which PLYN acquired all of the issued and outstanding shares in the capital of SMG"s wholly owned subsidiary, SMG-Gold B.V., a Netherlands incorporated company. The parties are working diligently to satisfy all requirements of the Transaction, including the transfer of shares of SMG-Gold B.V. to the PLYN.
The Kokkus Project is a gold deposit located in the Karaganda Orblast, about 400 kilometers from the regional mining center of Karaganda. It consists of a Subsoil Resource Contract under Kazakhstan law covering approximately 16 square kilometers.
- Current PLYN Operations - Kokkus Gold Project, Kazakhstan
(For more project details, including drilling results and further in-depth analysis, visit: https://palayanresourcesinc.com/projects/)
Location: Kokkus, Kazakhstan is located a 4-hour drive from the region.
Oblast Center of Karaganda, in central Kazakhstan, see map below.
- Market Timing Could be a Perfect Storm in 2020
Timing could be near ideal on PLYN at this moment with the company"s new acquisition and operations coming together complemented by the surge in golf prices we are seeing from the global precious metals markets due to the Coronavirus crisis and all its related economic pressures, both short and long term. This is what investment security looks like.
For more information on PLYN visit visit http://palayanresourcesinc.com