It's funny where money is made sometimes.
I have a friend who decided a decade ago to buy a bankrupt
motel in the middle of the swamp in northern Alberta. Most of the
passers-by here were forestry workers, dropouts looking for a
place to disappear, or migratory birds.
At the time, it seemed crazy.
I saw the same friend a few years after the purchase. The
hotel, he told me,
was booked solid for the next five years
-- upward of 300 rooms at $250 per night.
#-ad_banner-#The modest investment paid him millions over the
course of the next several months.
This incredible turnaround was spurred by some big changes in
the area that were driven by natural resources development.
My friend bought the hotel just as the oil industry in that
part of the world was on the cusp of commercializing vast
deposits of unconventional petroleum lying just below the swamps.
Those billion-barrel fields would quickly become such a big story
in the petroleum business that the formerly unknown town became a
household name on the tongues of politicians, industrialists and
That place was Fort McMurray -- ground zero for the
development of the Canadian oil sands.
The accelerating development of the oil sands over the past
decade created a nearly unparalleled cascade of capital
investment into this remote wilderness, creating fortunes many
times over for those involved early.
It was similar for the investors in companies owning oil sands
leases. As these developments went from science projects to
mega-producers, stocks such as Canadian Oil Sands (
) soared by over 1,000%.
Being an early buyer in this sector, you could have bought
nearly any company with "oil sands" in its marketing material and
made triple-digit returns. It was one of the most remarkable
investable events of the past half-century.
I'm telling you this because of a site visit I took last month
to an equally out-of-the-way place -- a place where this
mega-investment pattern is starting to happen again.
That trip confirmed my suspicions that massive, natural
gas-driven investments here are going to blow the local economy
through the roof.
Here, I saw how super-major resource companies have already
started placing investments that are pegged in the tens of
billions over the coming decade. It reminds me of those early
days in the oil sands -- a time when no one really believed the
grandiose investment plans being plotted in corporate
More importantly, it reminds me of a time when investors who
ended up raking in triple-digit returns from those resource
discoveries were still just getting involved.
And while this new natural resource hotspot may remind me of
other tiny towns I've seen explode with the wealth that follows
natural discoveries, it actually holds major advantages over the
other boomtowns I've seen.
It's not just oil
This area is promising both -- and even more...
On top of the unprecedented drilling for gas and oil, there's
a gold rush happening in this boomtown's mining industry.
The local geologists I talked to say the mining opportunities
in this boomtown are some of the best they've ever seen.
That's why copper and gold exploration companies there are
drilling like crazy.
For example, in the spring of 2013, Colorado Resources raved
about their findings in this region. They found previously
untapped deposits of copper ore and an estimated 1.19 million
ounces of gold.
After their initial discovery, Colorado's stock leapt from
$0.10 to $1.61 a share --
a gain of more than $1,500%
Not only is this town situated in the center of massive new
oil, gas and mineral deposits --it's also located on the edge of
a deep-water bay, giving cargo ships easy access to the
So why haven't you learned about this opportunity yet?
Because this location is so remote, I'd bet not 1 in 1,000
investors has ever heard of it.
That's because most commodity "experts" you see on CNBC or
The Wall Street Journal
rarely leave their offices. Most financial analysts spend all day
looking at computer screens.
And you won't find much on this remote location that way.
In fact, when I did a Google search on this town I found that
so far, not a single major media outlet has written about
So you won't read about it in
Forbes, Barron's, The New York Times
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