Commodity based Penny Stocks a *must* in our portfolio. Here’s why.
Greetings,
North American stocks rallied today, with the Dow gaining 256 points (or 3%) and the TSX tacking on 229 points.
Not to be overlooked, Canada’s junior stock index, the TSX Venture Exchange (TSX-V) gained 2.5%. The TSX-V is heavily weighted in junior commodity stocks, specifically mining and exploration penny stocks. This is a world unto itself, one which editors of Penny Stock Rockets have two decades of experience in.
Junior mining and exploration stocks play an important role in our portfolio, for very good reason.
Canadian mining penny stocks offer unprecedented capital gains potential with limited risk. It’s difficult to analyse fundamentals of most typical penny stocks due to the early stage of their development. There are countless factors which come into play to determine their failure or success. To name a few: Competition, competency of management, ability to raise cash in difficult times, public acceptance of products and/or services offered, etc.
With junior mining and exploration stocks, we can approach our analysis from several angles to eliminate as much risk as possible, while focusing on those stocks with “blue sky potential” - the potential for massive gains in a very short period of time.
To start, We drill down through the following factors as a “first line of defense” against risky resource based penny stocks:
- Management’s experience in sourcing and financing strong projects
- Investor Relations strategy (getting the story out to the public)
- Political stability of region(s) being explored
- Geological trends in the area surrounding the project(s)
- Level of public interest (liquidity)
- Technical trading analysis
Once our selected penny stock passes the initial “stress test”, we dig even deeper. We examine the share structure, the shareholder quality & base, past financings, plans for future financings, planned exploration program, etc.
The final result of our intensive due diligence is a finely tuned list of resource based penny stocks with a very strong potential of delivering short term gains of 100%, 500% even 1000%.
Not convinced? Check out the following stock charts. These are Canadian exploratio penny stocks, all of which we have talked about in the past.
Shares in UW soar over 500% from gold discovery in the Yukon
More recently, shares in Evolving Gold (EVG:TSX Venture) recently shot up over 100% overnight after releasing drill results from their flagship Rattlesnake project in Nevada. Penny Stock Rockets were on top of this project long before the public was onto it! We knew it was a matter of time before “the” drill hole would place this stock into the stratosphere - and we believe there is much more to come:
EVG drill results result in overnight gain of 100%
We are noticing a considerable amount of speculative money flowing back into resource based penny stocks, and we are ready to go.
Our newsletter is completely free, no catch, no strings attached. We are excited about the future of mining and exploration stocks, and we are ready to go. We have already alerted our subscribers to a few which have generated short term gains of between 50% and 100%!
Subscribe now, do not miss another issue.
See you on board,
Penny Stock Rockets