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luckylindy
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Looking to diversity to protect your investment portfolio from inflation and a falling dollar? Unlike the dollar, the government cannot print more gold. Increased government spending and spiraling debt increases the potential for inflation. Analysts predict that gold could double in the next year. Affinity Gold is a NO BRAINER.

Investor Clueso alerted our investors last week to Affinity Gold (AFYG) where it was trading at $1.70. It's inching higher and we believe a major move higher could be coming soon.

Affinity Gold Corp is a mineral exploration and development company engaged in the acquisition, exploration and development of gold mineralization properties internationally. Affinity Gold Corp.'s current primary focus is gold exploration and production in Peru.

Through its 99.99% owned subsidiary AMR Project Peru, S.A.C., Affinity Gold Corp. is the owner of the mining concession title named "AMR Project" covering 500 hectares and the mining concession certificate as evidenced by Certificate No. 7996-2006-INACC-UADA granted to AMR by the Republic of Peru, National Institute of Concessions and Mining Cadastre on December 11, 2006 (the "Mining Concession Rights"), which Mining Concession Rights are located in the Inambari River Basin on the flat plains region at an altitude greater than 1500' and accessible by land and air, in the District of Ayapata, Province of Carabaya, Department of Puno, Peru.

The company recently released news of over inferred resource reserves of over 1,800,000 ounces of GOLD in Peru.!!!
http://www.affinitygold.com/present/NewsRelease%2020100202en.pdf

Investor Clueso has learned the cost to mine an ounce of Gold from their alluvial mining operation in Peru is expected to be about $135.00 an ounce. How many companies do you know that have the capacity of producing substantial revenue with 800% PROFIT!??? Affinity Gold has substantial reserves and a low cost production model to extract the gold which makes AFYG a huge BUY for Investor Clueso.

We invite you to go to the companies website at www.AffinityGold.com and carefully look over their N.I. 43-101 Report. Experience investors look for this report when investing in a legitimate gold mining and exploration company. It is the GOLD standard of credibility signifying the company is real, has the goods, and is on the right track. They already have ALL the permits needed. The next phase is PRODUCTION!!! Production means revenue and revenue means the stock will be going much higher!
This message was sent by: InvestorClueso.com, 1114 N. Court Street, #160, Medina, Ohio 44256

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snowgator
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Affinity Gold Corp. Announces CEO Appointment

MAPLE GROVE, Minn., Feb. 11 /PRNewswire-FirstCall/ --

Affinity Gold Corp. (OTC:AFYG) (BULLETIN BOARD: AFYG) ("Affinity" or the "Company") is pleased to announce the appointment of mining executive Paul Antoniazzi as Chief Executive Officer of the Company. Mr. Antoniazzi has been a Board member of Affinity Gold since January of 2009.

Mr. Antoniazzi brings with him over 25 years of extensive experience and a successful track record in senior management positions within international mining organizations. As a former senior project manager of North America for Lac Minerals Inc., (now Barrick Gold Corp.) (1983-1994), he was responsible for the engineering, construction, procurement, and commissioning of $473 million of projects at 8 different sites. As Vice president of Golder Paste Technologies (1994-2002) he built plants in Australia, Brazil, Turkey, Canada and USA valuing over $120 million. Since 2002, he has worked as an independent contractor specializing in environmental and mining projects. He currently sits on the board of three Canadian listed mining companies, Opawica Explorations Inc. (TSX: OPW), International Kirkland Minerals Inc., (IKI-TSXV), and RT Minerals Corp. (C.RTM: CNQ).

Mr. Antonio Rotundo, President, CFO and Director of the Company, stated, "The Board and I very much look forward to working with Mr. Antoniazzi in his new capacity and believes he brings significant mining experience to the Company particularly in the areas of project development and operations. Mr. Antoniazzi will work closely with the board and I to develop, evaluate and implement both operational and strategic initiatives of the Company."

Immediately prior to the appointment of Mr. Antoniazzi as CEO, Mr. Antonio Rotundo stepped down as CEO but remains as the President, CFO and a Director of the Board for Affinity Gold.

Mr. Antoniazzi said, "After spending the better part of the last year as an active board member of Affinity Gold and understanding the true potential of our find, it is extremely exciting to be in a position to lead our Company to the next level."

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AFYG: ("Affinity" or the "Company") is pleased to announce it has obtained financing of $500,000 through two separate loan agreements to the Company. The Company plans to use the proceeds to acquire the appropriate equipment necessary for setting up operations to extract gold from its Peruvian property. The Company expects to be extracting gold and become revenue-producing once production operations are set up.

Over the last 9 months the Company has made great strides in execution of its objectives with this initial $500,000 financing and completion of the NI-43-101 Technical Report.

In a press release dated November 5, 2009, the Company released its NI-43-101 Report which included the following highlights:

-- Combined mineral resource of 2,092,132 ounces of gold -- 61,720,000 tonnes of total mineable material of which 7,720,000 tonnes are of Measured Reserve and Indicated Resource mineable material -- The above 7,720,000 tonnes of mineable material would produce between 60 - 80 ounces per day at a production rate of 2000 TPD

The technical report is available to view in its entirety on the Company's website at http://www.affinitygold.com/.

Antonio Rotundo, President and CEO of Affinity Gold Corp. commented, "We are excited that we now have the financing to begin the initial mining of our property. We are very thrilled now that we can begin to realize what our technical report has stated. We are very pleased to have been able to do this financing on a debt basis and not have to cause our shareholders any dilution."

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AFYG bouncing back nicely today!!! 1.85 up 5.71%
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AFYG bouncing back nicely today!!! 1.85 up 5.71%
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AFYG N.I.43-101 report for those that would like to review it.

Link:
http://www.affinitygold.com/present/Affinity_Technical_Report_Nov_2009_FINAL.pdf

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VISION
Our Company's vision is to become a world class leader within the mining exploration industry known for its successful track record of being environmentally conscience and socially responsible while with local government and residents of the communities in which our Company has operations.

MISSION
Our Company’s mission is to successfully explore, acquire and develop small and medium-sized gold mining projects within Latin America that are environmentally low-impact and economically viable using industry best-practices, ethical standards and sound fiscal management.

CORE VALUES
Affinity Gold Corp. strongly believes having a set of corporate values to guide and govern the company's board, employees, vendors and partners in the decisions and activities.

Higher Standards
Operating ethically and with integrity

Development of our People
Taking a sincere interest in the success and development of those we employ and work with

Community Engagement & Investment
Demonstrate commitment to the communities within we work by investing time, energy and money in the local communities.

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2009 Accomplishments
1. Became an SEC fully-reporting and compliant public company in Q1 „09
2. Performed PCAOB-Compliant audit for 2 years of financials of AMR Project Peru, S.A.C. (“AMR”), conducted due diligence of AMR?s mining concession rights and closed the Share Exchange Agreement representing acquisition of AMR and the mining concession rights
3. Negotiated the cancellation of 26.5 million control block shares
4. Raised in excess of $900K
5. Reduced our Authorized shares to 260,000,000 from 2.7Billion
6. Published the first release of our N.I. 43-101 Report

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There flagship project located in southeastern Peru east of the Andean Mountains and situated in the heart of the Inambari River Basin , an area historically known for containing high concentrations of gold.
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luckylindy
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AFYG NEWS: - Current report filing (8-K)
Date : 02/16/2010 @ 4:59PM
Source : Edgar (US Regulatory)
Stock : (AFYG)
Quote : 1.82 -0.06 (-3.19%) @ 8:05AM


- Current report filing (8-K)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 10, 2010
AFFINITY GOLD CORP.
(Exact name of registrant as specified in its charter)

Commission File Number 333-142890


Nevada 26-4152475
(State or other jurisdiction
of incorporation) (I.R.S. Employer
Identification No.)

7950 Main Street, Suite #217
Maple Grove, MN 55369
(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: 763-424-4754


N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On February 10, 2010, Mr. Antonio Rotundo resigned as our Chief Executive Officer and Mr. Paul F. Antoniazzi was appointed as our Chief Executive Officer. Mr. Rotundo remains the President, Chief Financial Officer and a director of Affinity Gold Corp. (the “Company”).


Mr. Paul F. Antoniazzi (age 62) has been a director of our Company since January 29, 2009. Mr. Antoniazzi has been active in the mining industry since 1983. Since 2002, Mr. Antoniazzi has worked as an independent contractor as the President of Antoniazzi Consulting Ltd. specializing in environmental and mining projects including: contaminated soils clean up; asbestos clean up; surface drill projects; and mine decommissioning. Mr. Antoniazzi is currently on the board of directors of two Canadian listed mining companies: Opawica Explorations Inc. (TSX: OPW) (since December 2, 1996); and RT Minerals Corp. (CNSX: C.RTM) (since March 9, 2007). Mr. Antoniazzi was a dirctor of International Kirkland Minerals Inc. (TSXV: IKI) from November 19, 1997 to February 15, 2010.


Item 8.01. Other Events


Pursuant to Form 8-K, General Instructions F, registrant hereby incorporates by reference the press release attached hereto as Exhibit 99.1.


Item 9.01. Financial Statements and Exhibits.


(d) Exhibits


Exhibit No. Description of Exhibit

99.1 News release dated February 11, 2010.


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


Date: February 16, 2010


AFFINITY GOLD CORP.

By: /s/ Corey Sandberg
Name: Corey Sandberg
Title: Secretary and Director

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luckylindy
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AFYG NEWS: Soros Fund Buys Citigroup, Bank of America, Ford and Loads Up on Gold
When billionaire George Soros speculates and predicts, we listen When George Soros buys and sells, we do the same Explore related topics
Affinity Gold Corp Story Quotes Comments Screener Alert Email Print Share

LAS VEGAS, NEVADA, Feb 17, 2010 (Marketwire via COMTEX) -- George Soros is buying Citigroup Inc. (C), Ford Motor Company (F), Bank of America (BAC), and Spider Gold Shares (GLD). And we all know, George Soros speculations and predictions have a history of coming true. With a proven track record, as one example, look at his Quantum Fund returns in 2007 that netted him over $2.9billion. In our research here at www.PowerPennyStocks.com, we investigated what the Soros Fund is buying and selling and found some interesting insights and correlations. At PowerPennyStocks we provide deep, due diligence on companies and track stocks all over the market. Our primary focus is to provide investors with winning micro cap and penny stock picks. We provide our subscribers with comprehensive due diligence on little known micro cap stocks that look poised for explosive movement. Our free newsletter, "Power Picks", focuses on stocks that fly under the radar of your average Wall Street investor and have tremendous upside potential.

Billionaire investor George Soros reported his 4th quarter portfolio yesterday and here are a few key observations.

Soros initiated holdings in Citigroup Inc. (C) which is now one of his top 5 holdings, with an estimated average price purchase of $4.00. Soros increased his holdings in Bank Of America Corp. (BAC) by over 24% and added to his holdings in Ford Motor Company (F) by over 48%.

It appears the golden place to be is, well, gold.

Almost 10% of Soros portfolio is in Spider Gold Shares (GLD). Soros added to his holdings by over 150% in GLD and increased his holdings in Yamana Gold (AUY) by over 240%. Additionally, over 30% of Soros portfolio is in the energy, oil and gas sector.

So who else is buying gold?

John Paulson, the investor who made billions by pegging the housing bust and credit crisis, invested $1.3 billion for an 11% stake of AngloGold (adding to his gold position with a significant stake in Kinross Gold). Hedge fund manager David Einhorn (the gentleman who predicted the collapse of Lehman Brothers), recently said he bought gold - for the first time.

What does this means for the Average Joe?

Take a look at penny stock companies like Affinity Gold Corp /quotes/comstock/11k!afyg (AFYG 1.80, -0.08, -4.26%) . Less than a month ago AFYG was sitting at $1.50 per share. We've watched this golden boy steadily rise with the release of their 43-101 technical report and other great news. It closed last Friday at over $1.88. That's a golden ROI story - a 25% increase in your money.

How does the normal investor see a 100% return on gold? Read the AFYG Inside Report

With some newsletters pointing to a $4.00 per share short term target, it looks like AFYG is heading there in a hurry. And they are not the only micro cap mining company that is showing some great investment opportunity in the OTCBB gold mining sector.

With more good news expected, AFYG will continue to generate significant investor interest in the company. Our recommendation is to keep AFYG on your radar and watch this week's reactions across the web as the stock continues to move north.

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luckylindy
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In 2010, we continue to be focused on executing against our plan of putting our flagship project into production by the end of Q2. Management believes the economic outlook will continue to improve and gold prices will continue to appreciate throughout the year which will only strengthening its ability to successfully raise capital.

2010 Planned Accomplishments

1. Raise $1 Million in Q1; and, up to another $3 Million in Q2 2. Put flagship project into production by end of Q2 3. Continue with the second phase of the Company's planned exploration program to attempt to quantify the fine gold available on the property as well as increase the Measured, Indicated and Inferred reserves published in first release of the Company's N.I. 43-101 Report 4. Secure additional concession rights to become the single largest contiguous concession rights holder in the area.

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luckylindy
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AFYG ("Affinity" or the "Company") is pleased to provide a corporate update to its shareholders recapping 2009 accomplishments and announcing its 2010 planned accomplishments.

In 2009, the Company made significant and noteworthy progress executing against its business plan successfully achieving major milestones in spite of global economic uncertainty and record rainfall and flooding in the region of southeastern Peru. The year presented great challenges that tested, and ultimately demonstrated, the strength and resolve of our management team.

2009 Accomplishments

1. Became an SEC fully-reporting and compliant public company in Q1 '09 2. Performed PCAOB-Compliant audit for 2 years of financials of AMR Project Peru, S.A.C. ("AMR"), conducted due diligence of AMR's mining concession rights and closed the Share Exchange Agreement representing acquisition of AMR and the mining concession rights 3. Negotiated the cancellation of 26.5 million control block shares 4. Raised in excess of $900K 5. Reduced our Authorized shares to 260,000,000 from 2.7Billion 6. Published the first release of our N.I. 43-101 Report.

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snowgator
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AFYG (Affinity Gold Corp.)

43-101 Technical Report on the Inambari River San Gaban project in Puno, Peru.:
Link:
http://www.affinitygold.com/present/Affinity_Technical_Report_Nov_2009_FINAL.pdf

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AFYG Way undervalued >> production to start Q2
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luckylindy
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Affinity Gold Corp. is a mineral exploration and development company engaged in the acquisition, exploration and development of gold mineralization properties internationally. Affinity Gold Corp.'s current primary focus is gold exploration in Peru.

Through its 99.99% owned subsidiary AMR Project Peru, S.A.C., Affinity Gold Corp. is the owner of the mining concession title named "AMR Project" covering 500 hectares and the mining concession certificate as evidenced by Certificate No. 7996-2006-INACC-UADA granted to AMR by the Republic of Peru, National Institute of Concessions and Mining Cadastre on December 11, 2006 (the "Mining Concession Rights"), which Mining Concession Rights are located in the Inambari River Basin on the flat plains region at an altitude greater than 1500' and accessible by land and air, in the District of Ayapata, Province of Carabaya, Department of Puno, Peru.

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