Undervalued
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 [...]
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 [...]
EcoMetals (EC:TSXv) Being Accumulated
Greetings,
Shares of Canadian junior mining penny stock EcoMetals (EC:TSX Venture) are being accumulated in the 0.18-0.21 range this week. Yesterday we saw heavy offers at 0.19, 0.195 and 0.20 being chewed through by impatient investors positioning for the anticipated drilling on their property in Ecuador.
For a little backgrounder on EC, Click Here for our initial [...]
White Gold Discovery Triggers Penny Stock Land Rush, Area Play
Underworld Resources (UW:TSX Venture Exchange) was a gold penny stock trading at under 0.40/share not too long ago. UW staked land in the Yukon Territories, and stumbled onto a gold discovery which is becoming more significant by the drill hole. The stock ran to as high as $2.50/share, for a return of over 500% for [...]
Another junior explorer joins the White Gold rush
Greetings,
Yesterday I mentioned the junior resource penny stock Arcus Development (ADG) - they just optioned a parcel of land adjoining Underworld (UW)’s gold discovery on the White Gold property in the Yukon. Shares of ADG are in their infancy, and I believe there is a whole lot of upside to come for early shareholders, as [...]
