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Sumatra - the island of gold

A fabled Indonesian kingdom known for its gold treasures may have been discovered on Sumatra.

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Fishermen in Sumatra discovered a massive treasure trove. Among them was a jewel-studded life-size Buddha worth millions, as well as coins, rings, precious stones and monk bells. Accumulated all this was a mighty kingdom, the civilization of Srivijaya, which mysteriously perished some 700 years ago. With increasing maritime trade in the sixth and seventh centuries, a huge Chinese market opened up, a great deal was exported. The power of Srivijaya was based on the control of international maritime trade, which extended to China and India. Presumably, the empire controlled access to the sea from China. Srivijaya also had the necessary navy. By the end of the 12th century, power waned, treasures were taken, and Srivijaya shrank to a small kingdom.

Sumatra was called the island of gold in ancient times because it had rich gold deposits. Incidentally, there is also an island that is now called the island of black gold. It is called La Réunion, a French overseas outpost. The black gold refers to a spice, namely vanilla. Kingdoms and power are lost over centuries, gold, on the other hand, outlasts these times and retains its value and thus its purchasing power. In any case, investors never go wrong with gold and gold values. The gold price is still scratching the 1,800 US dollar mark. But when it goes up in price, gold companies with leverage to the gold price profit.

Take Skeena Resources - -, for example. The company is making good progress with the revival of its Eskay Creek and Snip gold-silver mines in British Columbia.

Tarachi Gold - - is also working vigorously on its projects in Mexico. In total, the Tarachi project covers an area of approximately 3,700 hectares.

Current corporate information and press releases from Skeena Resources (

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also

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