Sunday, October 28, 2012

Some stocks to consider this week

Ginguro Exploration (GEG in CAD, GNGXF in US) and Endurance Gold (EDG in CAD, ENDGF in US): Ginguro owns 55% of the Pardo project in Canada with Endurance 45%. They have been drilling since September. They are comparing the geology to the worlds largest gold deposits - Witswatersrand in South Africa. Watch the 10 minute video on the Ginguro website. What's the catalyst? - Strong buying volume on Ginguro by the institutions who participated in the last private placement - may be a sign of a leak?................................ Artha Resources (AHC in CAD - ATHCF in US). Should announce financing soon for their first ever drill program 100 meters from where Silver Standard is hitting high grade silver over significant widths just north of their operating Pirquitas Mine - one of the largest silver mines in the world............................ Oando Energy (OER in CAD - ONDOF in US) is a "mini" Mart Resources with exploration and production assets in Nigeria. 100 million shares out but only 5 million in the float as their parent company owns 94% of the stock. Once more investors catch on to this story, the stock will be trading at twice these levels...................... Birch Lake Energy (BLK in CAD only). Will start drilling their first well soon in the Lochend area. Tri Oil is their neighbor and have hit significant wells. Acreage at land sale going for over $2,000/acre this month. Stock seeing volume - I profiled Birch Lake several months ago in an Under The Rocks report. I was early............... Aguila American (AGL in CAD, AGLAF in US) - Profiled last week in an update send out to all of my contacts. Stock hasn't moved even though drilling announced. In my seven years of following this sector day in and day out, this is as close to a gold discovery pre-drill results I have ever seen. Obviously no one agrees with me hence the dead stock price. That's ok - check back in 4-6 weeks............................ For those along the East Coast - head for high land and be safe.................. stateside

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