Resource Stock
Update: NET, KAM, MYA & New Stock Pick: V:MXR Max Resources
Network Exploration (NET:TSX Venture, 0.06) continues to trade in a very tight range, maintaining high liquidity with 20 million shares traded this month. As two cheap private placements have recently come free trading, the liquidity was expected. To see NET maintain the 0.06 level in spite of a glut of new supply is highly encouraging. [...]
Updates & Winners: MYA (+42%), CCE (+300%), NET (+???%)
Greetings,
Maya Gold & Silver (MYA : TSX Venture, 0.54), We initiated coverage on Maya on August 19th where the stock traded at 0.38/share. As of today’s close we are up 42%! Since then the company’s Amizmiz gold project in Morocco continues to develop nicely, as recent channeling samples returned 19.55 meters of 9.46 g/t Au, [...]
Network Exploration Issues Update on La Blanca gold exploration
Network Exploration (NET : TSX Venture Exchange) has released the following update on it’s 2009 work program on the Caldera gold-copper property in Chile. Early channelling uncovered 5.82 g/t gold over 12 meters from the surface. The recent drifting program is intended to tunnel through the discovery zone, connecting adits from previous mining operations.
It should [...]
Salazar (SRL-TSX Venture) Letter from the President
Salazar Resources (SRL : TSX Venture Exchange), a junior mining and exploration company named after its president Fredy Salazar, is an early and very successful entrant into the developing Ecuador gold scene. SRL was able to quickly assemble a veteran management and geologist team, raise $12 million dollars, acquire an impressive property, and still have [...]
NET:TSX Venture - Chronology of Success
Greetings,
Below is a summarized chronology of the events leading to today’s winning package found in Network Exploration (NET). This junior resource penny stock, with a $3.6 million market cap, is well positioned to deliver extraordinary gains to investors positioning at current levels.
NET has a veteran management and exploration team (including ex-President of Teck), and a [...]
SRL Update: The heat is on in Ecuador gold hunt
Greetings,
We initiated coverage on Salazar Resources (SRL, TSX Venture Exchange, $1.08) on July 16th when the stock was trading at 0.51. We are up over 100% on todays trading, however we feel this story has just begun.
SRL traded only 512,000 shares in the past three months! That’s hardly enough to justify a claim that the [...]
RBR Initiating Coverage on Network Exploration (NET : TSX Venture)
Network Exploration (NET), a junior mining and exploration penny stock, is moving forward on their flagship Caldera gold-copper property in Chile, located in the middle of “elephant country” - a stretch of land populated by large gold, copper and silver discoveries and mining operations. The company has just raised $600,000 to push this exciting project forward.
The stock [...]
Junior Mining & Exploration Updates: EC, EAG
Greetings,
Our favorite Ecuadorian play, EcoMetals (EC:TSX Venture), continues to churn and consolidate in a tight range as investors await drilling permits from the Ecuador government. Our strategy remains to add to our position on dips, as we feel EC is sitting on a property that could host between two and five million ounces of gold. [...]
GeoMinerals (GM:TSX Venture) Lifting off, drilling about to start
Greetings,
Canadian penny stock GeoMinerals is active in the prolific coal region of Saskatchewan. After a few false starts, pertaining to permitting and drill preparation, the company looks ready to go.
Buyers are stepping into the stock more aggressively today, with bids outweighing offers 3 to 1.
Consider this an official ALERT as we feel the stock may [...]
Penny Stock KAM trading higher, exploration continues on Yukon gold properties
Greetings,
As we head toward market closing, shares in KAM (Kaminak Gold) are trading higher at 0.44. It’s interesting to note most of todays volume has been purchased on the offer. Not many investors are hitting bids here. What is more interesting is the fact that the public discussion boards are quiet, therefore the trading (buying) [...]
