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Thursday, March 31, 2011

Did somebody say "double my money before lunch" BLUG.pk

http://pennytipster.com

Rio Grande Petroleum, Inc. (BLUG) had a great run this moring

That was a nice easy 50% profit before lunch time. Glad I sold when I did.
Stay tuned for tomorrow's pick.

-PennyTipster Team

Rio Grande Petroleum, Inc. (BLUG) is making moves were up 46.67%

 Hope everyone one caught this one when I sent out the alert this morning.

Rio Grande Petroleum, Inc. (BLUG) got a radical corporate makeover a month ago that instantly gave the stock an 80% boost. Since then, turnover is up 500%.
And the chart is filled with DOUBLE-digit swings.
Read the full alert and view its chart RIGHT NOW! Go to: My Daily Alert Page.
See you on the boards!
 
Mike
  ~ and the staff at PennyTipster

Wednesday, March 30, 2011

GOLD STNDRD MINING (OTC BB: GSTP.OB )

GSTP is up 10 cents from the opening bell, hope everybody caught this one in time

Todays alert is - GSTP -Gold Standard Mining Corp. (OTC:GSTP)

GSTP
Mar 30, 2011
Good Morning,


    Today our PennyTipster pick is Gold Standard Mining Corp. (OTC:GSTP), which closed at 50 cents last night. The company has a producing gold mine that extracted 71,000 ounces of gold extracted last year. The largest part of that production is still held in inventory because of the climbing gold price, thus the company is expected to report incredible growth in the sales this year. Furthermore, GSTP plans to boost up the gold extraction and to start exploration works on its other mining propertie. News and annual report could come out any time and could make the stock surge up.



Technically, GSTP could explode from the narrow trading channel any time:

  •     MACD lines reversed to point up, bullish crossover
  •     No hard resistances
  •     Expanding Bollinger bands



The fundamentals for the first two quarters of 2010:

  •     Over $17 million in revenues, $5.48 million in pre-tax income
  •     Produced gold held in inventory for potentially $70 million in revenue this year
  •     Estimated gold reserves on the other Russian properties of about 4.2 million ounces



    GSTP operating mine is located in Zeya on the border between Russia and China. From last year's production the company still has around 56,500 in inventory and with the current price of gold the potential revenue only from that past production could exceed $70 million this year. What is more, GSTP announced in January that it plans to boost up the gold  extraction by 40% this year, which could make the total revenues reach almost $200 million per year, and correspondingly increase the net income and the shareholder value.

    The other mining properties in Russia hold even more potential. The Snezhinka property is located in the Urka River Basin in Amur, Russia and the preliminary assessment shows possible reserves of 4.2 million ounces of gold, 105,000 ounces of platinum and 6.8 million ounces of silver. Drilling and sampling program should have already begun and amazing results could be on the way.



    Conclusion: If gold keeps increasing, GSTP share price could easily double or triple in the course of the year. Short-term, the stock could bounce off its trading range for at least a 20% profit.
Good Luck