With the gold stocks continuing to show strength it may be a good time to look at some junior positions in small cap gold stocks. If you are a penny stock investor I am sure you know that the gold mines are a dime a dozen, but also some of the most exciting stocks to own. Take Centerra Gold for example CG ,during the recession it traded as low as $1.27 per stock but is currently trading at $21.25. You don’t want to miss opportunities like that!.

PMI GOLDPMV – PMI Gold made big news just a few weeks ago surging 60% in one day when they announced that they had found more gold than expected.

“TORONTO (SHfn) – PMI Gold (TSX: V.PMV, ) shares powered 60% higher to 93 cents on Friday after the gold junior announced a 270% increase in the NI 43-101 gold resources for its flagship Obotan Gold Project in Ghana, West Africa, to 1.22 million ounces Measured, 2.00 million ounces Indicated, and 1.29 million ounces Inferred. The company added that this paves the way for completion of a Pre-Feasibility Study on a gold mine development by the end of this year.”

Looking at their chart they have had a continuous rise (with a few spikes) over the last year.

B2GOLDBTO  – While not quite a penny stock this one is trading around $3.85 and looks like a great investment for anyone who reads charts. Check the trend for the last few years and it is NOTHING but up with this stock going from .35 to $3.85 in a couple of years.

shares of Kilo Goldmines (TSX: V.KGL,) rose 19% to 19 cents as the micro cap explorer reported results from four diamond drill holes and four trenches on its Canal Prospect, Somituri Project in Democratic Republic of Congo, which included 7.71 grams per tonne (g/t) gold over 12.6 metres.

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