If there ever was a proclaimed “second” oldest profession in the world one may suggest that it exists in the long history of mining. Since the beginning of time man has utilized the physical earth and its geological provisions for the advancement of civilizations around the world. From the basic flint in sparking a fire to the refining of rare metals producing space age gizmos, mining has evolved in partnership with technology. Today’s mines, with the advancement of technology, operate deeper, faster, and with fewer people. So while miners are cutting new faces deep below the earth is it any surprise that mining promoters are working on a new face of their own. Facebook.
In the information age, filled with rapidly advancing technologies, a popular social networking site known as Facebook has become the latest tool for mining promoters to reach investors around the world. Promotion has always been about getting the word to the street and top end investment relations personnel appear to have not missed a beat. It seems only yesterday that bullboards and costly private investment forums were cutting edge developments for investors to seek information and discuss updates regarding their prized resource stocks. Today it is the world of Facebook that is making its mark as a free and easy to access reference for info hungry investors.
Cypress Development Corp. (CYP.V), a Vancouver based junior mining company has become one of the pathfinder companies to take advantage of a free social networking site in order to get information to the investor. The group consists of approximately 130 members from around the world including places such as Canada, Bulgaria and China. More importantly, the group can be viewed by anyone with access to Facebook and not just the groups active members. Information is readily available in a convenient format covering the basics of company information and recent updates. Investor relations personnel have gone as far as to post updates on current drill project status inclusive of depths and targets in near real time. Furthermore the social networking capabilities of facebook make it possible for individual investors from far away to not only converse but understand who each other are.
So if you’re looking for up to date information or further resources on your favourite company, log on and search a little because you may be surprised at not only what but who you find. Cypress Development Corp. closed yesterday up $0.075 or 30% on 1,584,780 shares traded.
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