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Hello All,
We have something you need to put on your watch list right away !!
Our new alert is in the Gold mining industry.
These stocks have been hot as the price of Gold continues to rise.
(nearly at $1,500 an ounce!).
This company has shown tremendous growth over the past few months,
and the share price is beginning to reflect this.
This stock looks like it may be in position to make a move to the
next level.
Here's what the indicators at BarChart.com are saying about this
alert:
7 Day Average Directional Indicator Buy
20 - 50 Day MACD Oscillator Buy
20 - 100 Day MACD Oscillator Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Our alert for Wednesday is Pengram Corp., PNGM, and the
stock closed Tuesday at 20.5 cents.
Please begin your research here www.pengramgold.com and here
http://finance.yahoo.com/q?s=PNGM.PK
Here's some information to get you started:
PNGM is a gold exploration company.
PNGM's strategy is to evaluate and acquire properties where
previous work has been conducted and yielded positive results for
the presence of gold.
PNGM's portfolio currently consists of four properties -- three in
Nevada and one in British Columbia -- under active evaluation for
development, in addition to the Long Canyon Gold Trend Mineral
Claims under due diligence and negotiation for acquisition.
PNGM recently announced it has executed new, separate option
agreements on three of its key Nevada portfolio of properties
Golden Snow, CPG and Fish.
PNGM also has successfully completed a joint venture agreement for
Golden Snow which provides for the JV partner to pay PNGM $175,000
in staged payments, and spend $1.75 million in exploration
expenditures, over 39 months to earn up to 75 percent of the
project.
PNGM's story is in a stage where it still shows very high potential
to investors. Which is good for you as a trader.
PNGM has recently seen an increase in trading volume.
More investors are finding out about PNGM.
Look one more time at what the indicators at BarChart.com are
saying about PNGM:
7 Day Average Directional Indicator Buy
20 - 50 Day MACD Oscillator Buy
20 - 100 Day MACD Oscillator Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
PNGM softened a bit today which may lure investors looking for a
cheaper entry back into the stock sending it higher.
PNGM belongs on your watch list for Wednesday.
As always, do your own research, always use stop loss orders to
protect yourself, and book your profits when in a position to do so.
Good Trading,
OTCStockExchange
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WFWS Consulting Inc. is an information and marketing firm and is
not a financial analyst, investment advisor or broker/dealer. We
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