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Hot New Penny Stocks for Feb 6-12!

PennyStockWatch — Wed, 08 Feb 2012 21:30:10 +0000

Looking for penny stocks to pick in February 2012? Here is some exciting news likely to drive up these penny stocks and turn you a profit. Small gold and minerals companies are doing very well lately, with new drills successfully locating large, profit-inciting reserves. Since commodities like minerals are a safer investment than tech stock, it can’t hurt to beef up your portfolio with some of today’s picks.

Sychronica (0.20) and Intertainment Media (0.75) – Synchronica offers next-generation messaging (Mobile Gateway) that allows any phone to communicate like a smartphone. They have just announced a partnership with Intertainment Media, which is supported by Gene Simmons, to combine fledgling technologies offered by both companies. These tech stocks have huge potential to turn out profits if the ingenuity of both companies combines to offer hot new products and services.

Synchronica: SYN-X (0.20)

Intertainment: INT-X (0.75)

Freegold Ventures – Freegold ventures lost some value this week, but don’t let that scare you off. Consider this stock to be “on sale.” After all, they have just announced the results of their three latest drills, and one of them has very promising results. With the price of gold what it is right now, finding a good gold deposit is just what freegold needs to recover from Monday’s fall, and more.

Freegold: FVL-T (0.75)

Freegold is far from the only small gold company that looks good in the coming days. Scorpio Gold Corporation is currently trading at just over a dollar, and things are looking up with recent positive announcements regarding 2011 performance and profits.

Scorpio: SGN-X

Manitou is another small gold company to watch. With over 20 new claims to explore, most of them in mineral-rich Western Ontario, it’s likely that Manitou is going places. The current stock price is pleasantly low, which means you’ll get more bang for your buck when the news breaks that they’ve hit a new find!

Manitou: MTU-X

NuLegacy Gold Corporation

Another gold penny stock to watch, Nulegacy has had a successful drill in Nevada which will be very profitable for the company. Again, with gold trading so high, successful news from a small gold corporation is a likely sign that a small penny stock will be increasing in value over the next year or so.

Nulegacy: NUG-X

Rio Verde Minerals

Sticking with the solid mining and minerals section of your portfolio; Rio Verde Minerals has announced that a drill has confirmed large volumes of potash, which is used in great quantities all over the world and is likely to improve Rio Verde’s fortunes.

Rio Verde Minerals: RVD-T

Novus Energy

With the price of oil lately, there is plenty of room for small energy companies to increase their stock prices. Novus is currently trading at just over a dollar, and they’ve just announced that their reserves are 83% higher than last year. With a lot of liquidity, they have options and room to expand operations when opportunities present themselves.

Novus: NVS-X

Sprylogics International

Sprylogics is on its way up; shares are trading faster than ever, prompting a rise in prices for this attractively priced penny stock. Sprylogics develops advanced search and analytic technology, perfect for large companies that need to sift through huge mounds of private data. Keep your eye on this one!

Sprylogics: SPY-X

Mint Technologies

Mint Technologies is on a fairly fast rise, and is up over 300% from its 52wk low. If you’re into tech stocks, this one is hot right now.

Mint Technologies: MIT-X

Whether you’re into tech or minerals, now is a good time to make a profit on these penny stocks!

Canadian Penny Stocks to Watch in 2012

Canadian Penny Stocks — Mon, 09 Jan 2012 18:34:35 +0000

I found a great resource for penny stocks to watch and thought I would share it with my readers. The original article was for small cap stocks, however since my blog is for penny stocks I removed anything trading over $1 and compiled a nice list of 2012 Canadian penny stocks to watch

Yukon-Nevada Gold Corp. (YNG-T 0.280 ), which has been trading near a year low 23 cents, has announced a revised mineral resource estimate for its wholly-owned Jerritt Canyon operating gold mine in Elko County, Nevada, USA. It said Jerritt Canyon’s measured and indicated mineral resource has increased by 428.8K ounces of gold, representing a 21 per cent increase over year-end 2007 levels.

Petroamerica Oil Corp. (PTA-X 0.10 ), which has been trading near a year low 8 cents, announced preliminary results from the Balay-3 appraisal well that was drilled to evaluate the northern extension of the Balay field in the Balay Block of the Llanos Basin, Colombia.

Sea Dragon Energy Inc. (SDX-X 0.09 ) announced that it has entered into an arm’s length share purchase agreement with Golden Crescent Investments Ltd. whereby an indirect wholly-owned subsidiary of Sea Dragon will acquire all of the issued and outstanding shares of National Petroleum Company Egypt Limited for consideration of $60-million (U.S.) in cash and the issuance of 350,000,000 common shares of Sea Dragon to be issued to Golden Crescent at the closing of the Acquisition, at a deemed price of $0.25 (U.S.) per share, subject to any adjustments made in accordance with the terms of the Purchase Agreement.

Nevada Exploration Inc. (NGE-X 0.07 ) reported that AuRico Gold Inc. (AUQ-T 8.750 ) has received the final drill results from AuRico’s 2011 drilling program and that AuRico has elected to terminate the Exploration and Option to Enter Joint Venture Agreement for the Awakening Gold Project.

Hunter Bay Minerals plc (HBY-X 0.21 ) announced it has identified gold mineralization in soil anomalies at the Sela Creek Project. Over the weekend it announced that it has completed a bulk sampling program of the alluvial tailings located within 14 medium scale prospecting and mining permits in the Mazaruni and Puruni Mining Districts of Guyana.

Score Media Inc. (SCR-T 0.90 ) announced today its financial results for the first quarter ended Nov. 30, 2011. The media company said revenue for the quarter increased by $1.6-million or 14 per cent to $13.4-million compared to the previous year’s $11.8-million. EBITDA, however, fell to $1.9-million from last year’s $2.7-million as a result of a planned increase in expenditures on personnel and technology to support the significant growth in the audience of the company’s digital media platforms.

Management company CVTech Group Inc. (CVT-T 0.970 ) announced today that its energy segment subsidiaries have won contracts with a total value in excess of $38-million. Andre Laramee, CVTech President and Chief Executive Officer, said: “These contracts highlight the expertise of our subsidiaries and their strong relationships with the main players in their target markets.”

Bellhaven Copper & Gold Inc. (BHV-X 0.440 ) today announced the appointment of Mr. Patrick Highsmith to the position of Chief Executive Officer and Director. Mr. Highsmith’s appointment will become effective on Feb. 1, 2012.

Thanks to the globe and mail for this great resource

Technorati Tags: canadian penny stock picks, canadian penny stock to watch, cve, cve stock picks, January 2012 penny stocks to watch, penny stocks picks, tse, tse penny stock picks, tse stock picks

Victory Ventures Inc – Canadian Penny Stock to watch CVE:VVN

Canadian Penny Stocks — Mon, 19 Dec 2011 20:53:59 +0000

Victory Ventures Inc. (Google Finance CVE:VVN – VVN)- Commencement of trading August 2, 2011 – Gross proceeds received by the Company for its IPO (initial public offering) were $1,050,000 consisting of 7,000,000 units priced at $0.15 per unit, with each unit consisting of one common share and one transferrable common share purchase warrant.

Interesting Points about Victory Ventures

A New company, low shares issued & outsatnding (15.7M)
a low trading price 0.06-0.07
New property next to a massive copper / gold mine.

VVN Announced the commencement of exploration on its Gold, Silver & Copper Blustry Mountain Property in BC. (Sept 12, 2011) – Announced official trading on the Frankfurt Stock Exchange. (Oct 11, 2011) – The Blustry Mountain property is a 43-101 compliant epithermal gold-silver prospect, with vein or replacement style mineralization, situated approximately 10 kilometers east of the town of Lillooet, BC. The property comprises 22 mineral claims covering 9,404 hectares, and includes a known epithermal gold-silver target called the Top Hat Showing. – Past exploration on the Blustery Mtn. included soil and rock geochemistry, and an Induced Polarization (IP) survey in the Top Hat Showing area.

Victory Ventures Acquires New Gold & Copper Properties (Dec 14, 2011)

The Copau Gold & Copper properties are approximately 11 kilometers to the south of Imperial Metals Corporation’s Red Chris copper deposit. Imperial Metals is working towards development of a 30,000 ton per day open pit mine.

Red Chris Mine – Imperial Metals Corp. http://www.imperialmetals.com

Reserves of over 300 million tonnes grading 0.359% copper and 0.274 g/t gold provide for a 28 year project life at a milling rate of 30,000 tonnes per day.
The Red Chris ore body is exposed at surface resulting in a comparatively limited pre production phase.
Recovered metal in concentrate would total 2.08 billion lbs copper and 1.324 million oz gold.

Quick Facts about Victory Ventures

Victory’s Copau properties are crossed by a main gravel road extending eastward toward the old BC rail line.

Mapping by the BC Geological Survey in 1994 led to the discovery of the B31 copper showing, in which magnetite, chalcopyrite and lesser pyrite occur in proximity to fractures and cataclastic microstructures within a small syenitic stock.

A magnetometer survey outlined a prominent magnetic anomaly trending northwestward from the showing.

The property, which has not been drilled, is prospective for: Alakalic copper gold porphyry, or Skarn hosted copper gold mineralization.

An exploration and drilling program is expected in spring of 2012.

Shares I/O -15,760,000

52 wk Hi – Lo 0.17 – 0.06

Symbol: VVN.V

Website: http://www.victoryventures.ca

Technorati Tags: canadian copper penny stocks, canadian penny stock, copper penny stock, victory ventures, vvn

Gold Stocks Continue to Make Gains – PMV appears strong

Canadian Penny Stocks — Wed, 02 Nov 2011 14:41:07 +0000

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 GOLD – PMV – 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.

B2GOLD – BTO – 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.

Technorati Tags: b2gold, bto, canadian gold penny stocks, canadian gold stocks, canadian penny stocks gold, gold penny stocks canada, PMV, small cap gold stocks canada

Ucore Rare Metals CVE:UCU is spiking unexpectedly today

Canadian Penny Stocks — Fri, 28 Oct 2011 20:23:15 +0000

To the surprise of many penny stock investors the stock UCU or Ucore Rare metals is spiking, going from 50 cents to 56 cents in just a few hours. That is a one day gain of 13% so far.

Recent news from Market Watch suggests that Ucore was in the Chinese spotlight as they clamped down on the production of rare earth metals (essential to the production of electronics)

“NEW YORK, NY, Oct 12, 2011 (MARKETWIRE via COMTEX) — Demand for rare earth elements continues to skyrocket as the metals play an integral role in modern technology. It is estimated that China holds about 30 percent of the world’s rare earth deposits, but accounts for over 95 percent of global production. With prices for the elements surging higher, explorers worldwide are finally trying to cash in on this lucrative sector. The Paragon Report examines investing opportunities in the Rare Earth Industry and provides equity research on Lynas Corporation Limited (pinksheets:LYSCF) (asx:LYC) and Ucore Rare Metals, Inc. CA:UCU +9.09% (pinksheets:UURAF). Access to the full company reports can be found at:

http://www.paragonreport.com/LYSCF www.paragonreport.com/UCU

Ucore Rare Metals Description

Ucore Rare Metals Inc. (Ucore), formerly Ucore Uranium Inc., is a junior exploration company. The Company focuses its exploration activities on its Bokan Mountain/Dotson Ridge property in Alaska. Ucore owns a 100% interest in 422 claims at Bokan Mountain/Dotson Ridge. The Lost Pond uranium and rare earth element (REE) property is located near the province’s west coast. Ucore holds a 100% interest in the Sandybeach Lake property, located in southwestern Nunavut. In addition to the Lost Pond property, Ucore holds a portfolio of uranium properties. Its wholly owned subsidiaries include Ucore Resources LP (NS) Inc., Rare Earth One LLC (AK), Mineral Solutions LLC (AK), Landmark Alaska Limited Partnership (AK), Landmark Minerals Inc., 5621 N.W.T. Ltd. and Landmark Minerals US.

Learn more about Ucore Metals on their Google Finance page – Ucore Metals

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Hot Penny Stock CB Gold Inc – October 2011

Canadian Penny Stocks — Fri, 28 Oct 2011 14:30:56 +0000

Over the last 5 days CB gold, or CBJ on the TSX is up 104% CB Gold Inc. is engaged in the business of mineral exploration in Colombia, South America. For those of you who like Penny stock investing this is a very interesting play. The most recent news from CB Gold is positive

CB Gold Announces $11 Million Non-Brokered Private Placement

CB Gold Inc. (TSX-V: CBJ) (“CB Gold” or the “Company”) announces that it has arranged for a non-brokered private placement of 10,000,000 units (the “Units”) at a price of Cdn$1.10 per Unit

The Company has agreed to pay a finders’ fee of Cdn$330,000, payable in common shares of the Company to be issued at market price at the date of closing of the private placement.

CB Gold intends to use the proceeds from the private placement to fund exploration and development at the Company’s Colombian properties, working capital and general corporate purposes.

“We are very pleased to announce this financing and strengthen our relationship with Lumina, a group with a very successful track-record, such as their investment in near-by Ventana Gold. This transaction is extremely positive for the Company moving forward, and will allow us to continue expanding the newly discovered high-grade zone at Real Minera” commented Fabio Capponi, CB Gold’s CEO.

CB Gold Company Description

CB Gold Inc. is engaged in the business of mineral exploration in Colombia, South America. CB Gold has one wholly owned subsidiary, Cedar Business Investment Ltd. (Cedar), and Cedar has one wholly owned subsidiary, Leyhat Corporation (Leyhat). Both Cedar and Leyhat were acquired by CB Gold on July 20, 2009. Leyhat has one branch in Colombia, Leyhat Colombia Sucursal, which holds its interest in the Norte de Santander Gold Project and the Vetas Gold Project. The Norte de Santander Gold Project and the Vetas Gold Project are referred to as the Colombia Projects. As of December 31, 2010, it held the rights to explore and develop two exploration properties in Colombia totalling approximately 62,000 hectares. On October 28, 2010, CB Gold and First Source Resources Inc. completed the Amalgamation. In connection with the Amalgamation, CB Gold Inc., the predecessor company (Private CB Gold), and First Source ceased to exist and the amalgamated company continued under the name CB Gold Inc.

Learn more about CB Gold on the Google Finance page

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TSX Penny Stocks on the rise

Canadian Penny Stocks — Thu, 27 Oct 2011 17:24:52 +0000

I have noticed a few of the penny stocks that I have been watching are making big moves. Now that the threat of the European banks is being addressed I think more investors are putting more confidence in penny stocks and taking some bigger gambles. I have seen GREAT returns in a lot of the investments I made on some large cap stocks but I will share that in my new Canadian high Dividend stocks section. Lets get to those hot penny stocks

TSX Penny Stocks to watch October and November 2011

Yellow Media

YLO – This stock has been soaring lately and I nearly picked it right at the bottom! If you don’t know Yellow Media here is a bit of information about them “is a media and marketing solutions company through its network of companies that include Yellow Pages Group (YPG), Trader Corporation (Trader) and Canpages Inc. (Canpages). YPG is Canada’s media and marketing solutions company, serving Canadian businesses and consumers nationwide”

Current price: $0.54
Where I bought: $0.18
Amount purchased: $300

When it comes to investing in penny stocks I don’t like to put in more than $300 because of the risk, ESPECIALLY with a company like Yellow Media. This is a stock that went from $6 to under 15 cents in less than a year and I truly believed they were going to ZERO. I put in $300 and it’s just about up to $1000 now.

If you are going long on this stock do your research, there could still be some money to be made on the short side though.

Uranium One

UUU – This is a Uranium stock that was getting hit because of the low markets, and the commodities / metals getting beat up. I always like to buy when a stock is down in a double whammy situation, but they are still a good company. I didn’t buy any UUU but I picked up some copper stocks at $20 and they are already up to $30. UUU is up 22% in the last month! I think there is still lots of room for them to go up.

“Uranium One Inc., along with its subsidiaries, is engaged in the acquisition, exploration and development of properties for the production of uranium in Kazakhstan, the United States, Australia and Canada. It owns a 70% interest in the Akdala and South Inkai Uranium Mines in Kazakhstan. It holds a 50% interest in the Karatau joint venture, which owns Karatau uranium mine in Kazakhstan, 49.67% interest in the Zarechnoye joint venture, which owns Zarechnoye uranium mine in Kazakhstan, and a 30% interest in Kyzylkum joint venture. It owns a 51% interest in the Honeymoon Uranium Project in Australia”

Current price: $2.90

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Should You Be Building A Portfolio Of Penny Stocks?

Canadian Penny Stocks — Tue, 20 Sep 2011 15:39:54 +0000

For most investors out there penny stocks are usually a long shot taking up a small percentage of their portfolios while there are others who are swinging for the fences and fully invested in the grandslam wealth creation approach. I’m not judging you on where you’re at; everyone has their own level of risk tolerance. But if you have any penny stocks at all, have you considered them as a portfolio?

The Portfolio Approach.
In a general investing sense you would be diversified, so why not do the same in penny stocks. It’s a great way to spread your risk across different industries, stages of companies, and timeframes.

All of the same rules for picking larger companies still apply to picking the smaller market cap ones too. There are a few more things to consider when you’re dealing with riskier decisions though, but a key investing tennet is diversification through portfolio building and as such it’s worth considering.

Need to learn more? Read about picking profitable penny stocks

Penny Stock To Watch: Silver Quest Resources

Canadian Penny Stocks — Tue, 21 Jun 2011 01:47:33 +0000

Silver Quest Resources (SQI.V) is a mineral exploration company with properties based in Canada. They focus on gold and silver in their British Columbia and Yukon properties. While there has recently been a lot of discovery going on in the Yukon lately, there has been some positive developments in British Columbia as well. Read more about New Gold and Silver Quest

Their plan is to move their projects forward and looking to possible acquisition opportunities along the way. Their Davidson project in British Columbia is the New Gold JV they are involved in that has people interested these days. The volumes have been steady and over the past 6 months the stock has moved consistently higher.

Here are a few more resources you might find interesting:
Investors Fact Sheet

An industry watch video on the company

List of news releases from the company.

As with any of the stocks featured on this website, they are not recommendations to buy or sell. Please conduct your own due diligence and consult investing professionals before making any investment decisions. Small cap stocks tend to have a higher risk profile. The higher the risk can also mean the higher the reward. Not too many other stocks will be able to move 100% or higher in under a year. If you’d like to learn more about the opportunities in penny stocks sign the form that is on this page.

Technorati Tags: canadian penny stocks, Gold, mining, small cap, yukon

Tech stock among the biggest movers

Canadian Penny Stocks — Fri, 17 Jun 2011 01:27:05 +0000

Today’s markets were shaky as they continue to figure out the value and fallout from the Greek bailout and the jobless situation in the US. There’s certainly a flight to safety going on right now that has seen money flow out of equities and into US $ and treasuries. This has also had an impact on the Canadian Dollar as well driving it ever closer to parity. The CAD/USD trade may only be a short term trend until the market figures out what is happening with America and Greece. When the appetite for risk returns it’s conceivable that we will see another rise in the Canadian dollar. Of course this isn’t a forex blog!

One of the small cap stocks we’ve followed this year continues to have market interest and is a big mover volume wise on the TSX-V. Intertainment (INT.V) had a significant run up at the beginning of the year and has since retreated to lower levels now trading in the $0.60 range. Their product Ortsbo is the one to watch.

Ortsbo announced that its world famous real time translation application is moving to cloud to support viral growth. Built on the Microsoft Windows Azure platform, Ortsboâ€™s new HTML alpha platform will allow the users to connect initially to Facebook, MSN and Google GTalk. Other social networks will be implemented quickly on the new platform, the company said in a press release. source: TMCnet

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