Canadian Penny Stocks Blog » Stock Picks

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!

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.

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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

Technorati Tags: canadian uranium penny stock, CVE:UCU, rare earth metal penny stock, ucore metals, ucore metals inc, UCU, UCU tsx, uranium penny stock

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

Technorati Tags: canadian penny stock picks, penny stock picks, tsx penny stocks

Is This One To Watch?

Canadian Penny Stocks — Tue, 14 Jun 2011 01:47:11 +0000

Silverquest Resources is a company that’s had some buzz as of late. It’s time for me to get down to business and doing some research on this Canadian penny stock. They’re working in the Yukon and are the 4th largest landholder. Here’s a youtube video that you may find interesting on getting started.

SQI is a Canadian penny stock that is certainly tied to the price of silver and gold since that is their primary objective, but given that there is a new gold rush going on in the Yukon, they would be in a position to benefit from this if the source is found.

To learn more about this small cap stock, check out their website.

Technorati Tags: canadian penny stocks, Gold, Investing, mining, silver

Canadian Penny Stocks Blog Update

Canadian Penny Stocks — Sat, 28 May 2011 17:35:07 +0000

Yes! There’s been a shortage of penny stock updates in the past couple of weeks. Although for the most part I’ve not let other commitments interfere with the updates on this site, they did. With good reason though as all of the energy is being put towards a start up company that may some day result in a public offering? Although there shouldn’t be speculation that far down the line, sufficed to say that starting a business takes a lot of work and energy. But hopefully by putting all that energy will result in a plan for success. But enough about me…what have the Canadian Penny Stocks been up to in the past while.

In short, there hasn’t been a significant overall movement up or down in the overall stock market in the past couple of weeks. Oil, Gold, and the TSX in general flat for the 30 day period. So was it a lost month for investors? Not necessarily. Here are a few penny stocks that have had positive moves that will have made investors in them happy:

FER.X
RMS.X
BIO.X
NDQ.TO
MGP.V

Technorati Tags: canadian penny stocks

Canadian Penny Stocks Review

Canadian Penny Stocks — Sat, 05 Mar 2011 12:51:34 +0000

The TSX is still marching towards recording setting territory. With the close this week at 14,252 the top in 2008 is close to 15,000. This leaves me thinking that we’re going to be seeing a correction soon. Fundamentally speaking, the stock market was inflated when it reached that level initially and the bubble burst, so as we approach 15k again, are we really in a better position this time around? In a sense, yes we are better prepared to avoid a bubble like the previous one, however it doesn’t appear to me that a record setting stock market is justified given current market conditions. What do you think?

And now to the penny stocks of this past week and a few for next:
ARG.TO â€“ $1.43 – $1.31
CWY.V â€“ $0.07 – $0.08
SSL.V â€“ $0.91 – $0.90

Two losers and a winner does’t make for a profitable week, however everyone has different timelines, so it’s important to know where your timelines and investing based on those. Also, taking a look at the stock prices through the week and some swing trading opportunities can present themselves.

So now for three more penny stock ideas:
SLX.V – $0.98
WPX.TO – $1.46
BIO.V – $1.60

Technorati Tags: canadian penny stocks, penny stocks

Penny Stocks Review

Canadian Penny Stocks — Sun, 27 Feb 2011 13:40:52 +0000

Overall negative performing week on the Toronto Stock Exchange, based a lot of the political instability of the Arab world. There are many Canadian resource companies operating in Libya for example that have been hit hard by these events. But for now we just hope that the loss of lives ends and there can be a peaceful resolution. And we can see how the stocks performed this past week:

SFF.V $0.42 – $0.435
GUL.V $0.045 – $0.045
AAA.V $1.74 – $1.69

SFF was the only winner this week and it had performed even better if you were watching it mid-week. The others weren’t so successful, but considering the run AAA has had over the past several months, a stall in price movement is expected and may be forming a new base. Here are three to watch this week:

ARG.TO – $1.43
CWY.V – $0.07
SSL.V – $0.91

Technorati Tags: canadian penny stocks, penny stocks

2010 Penny Stocks In Review: Part Two

Canadian Penny Stocks — Mon, 03 Jan 2011 00:56:41 +0000

On the Penny Stocks To Watch blog, there was a list of stocks that were mentioned for one reason or another.Â As a yearend wrap-up letâ€™s take a look at the performance of these stocks and, if bought at that time what kind of return would have resulted from there to year end.

Symbol â€“ Open â€“ Close – %+/-

SSS.V â€“ $0.065 â€“ $0.135 â€“ 107.7%
CMM.V â€“ $0.45 – $0.445 â€“ -1.2%
MAA.TO â€“ $0.315 – $.235 â€“ -25%
MPE.V â€“ $0.14 – $0.12 â€“ -14%
SSU â€“ $0.05 – $0.35 â€“ 600%
ATK â€“ $0.09 – $0.07 â€“ -22%
BEL â€“ $0.20 – $0.29 â€“ 45%
SHH â€“ $0.10 – $0.09 â€“ Â -10%
CUE â€“ $0.075 – $0.18 â€“ 140%
GGC.TO â€“ $0.48 – $0.97 â€“ 102% (now SLX.TO)
PTA.V â€“ $0.41 – $0.61 â€“ 48.8%
EBY.V â€“ $0.045 – $0.045
AYX.TO â€“ $1.21 – $0.93 â€“ -23%
BKT.V â€“ $0.125 – $0.23 â€“ 84%
GFS.V â€“ $6.90 – $9.19 â€“ 33%

Total Return since October 19^th is 71%.Â If thisÂ doesn’tÂ prove the power of penny stock investing Iâ€™m not sure what would.Â The list from October is completely reflected here and hasnâ€™t changed from the time of original posting.Â The advancers and decliners are there and in our case the number of winners (8) outnumbers the losers (7). But even if that wasnâ€™t the case, there were 4 stocks that reached over 100% in the past three months.Â The poorest performing winner was 33%.Â The worst laggard was MAA down 25%.

Did you pick up on SHH?Â This one stock alone could have almost carried all of the losers on its back with a huge 600% return.Â That could have made for some nice Christmas presents.Â Maybe not every quarter will have a performance like this one, but itâ€™s certainly worth considering adding penny stocks to the mix when these are real returns on a set of stocks.

The final part of the year in review series will be the look forward to 2011; what to expect and where penny stocks may play a part in the investing landscape.Â Until then, happy investing.

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A 2000% Increase In This Penny Stock

Canadian Penny Stocks — Sat, 04 Sep 2010 16:30:41 +0000

If you’ve been following the Canadian Penny Stocks blog for some time now you’ve likely heard about Atac Resources. This company was initially featured a while back and was trading at $0.30. Well it’s always been a consistent performer and exemplifies the reason why penny stocks is so rewarding. When they hit, they hit big.

As of close of markets on Friday ATC closed at $6.00. This phenomenal increase is 1900% so not quite the 2000% as advertised but it rounds up nicely and I have confidence that it will make it to the 2000% level.

Does this mean it’s time to invest? Not necessarily because it’s already experience huge growth and does not mean it will continue at such explosive rates. It will always be up to yourself and your investment advisor to determine what is a good investment opportunity.

The most important thing to recognize from this story is the potential that lies in investing in penny stocks. Sure there will be many losses and significant ones at times, however the returns can truly be phenomenal. A $1000 investment in ATC could have been turned into $19,000 in this case. This is what keeps us coming back for more.

I’m looking forward to sharing more of these stunning success stories in the future. Happy penny stock trading.

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