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Hot Penny Stock Pick |
A hot penny stock pick holds the potential to provide huge returns for the investor. The hot penny stock pick tends to focus on shares in the 0.05 to $0.25 range. These are penny stocks that can generate multiple returns. The key to maximizing returns on a penny stock is to get in before other investors recognize the company's value. Once interest in a stock builds, the penny stock share price can quickly accelerate.
The hot penny stock pick is usually based on positive business fundamentals. These corporations tend to have a competitive product, an efficient business model and a management plan to turn the company into a major competitor. The key to success in pennystock investing is uncovering the hidden gem before others.
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Northern Gold Mining Inc.
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Northern Gold Mining Announces Additional High Grade Gold Assays 552.96 g/t (16.13 oz/t) on Its Kirana Property
TORONTO, ONTARIO, Aug 14, 2008 - Northern Gold Mining Inc. is pleased to announce additional high grade gold assays from its ongoing stripping, mapping and sampling program following-up on last month's high grade gold discovery in the Fidelity area of Northern Gold's Kirana property. Analytical results from the initial lot of 44 chip and channel samples, collected in the stripping and sampling program after the high grade gold discovery, have been returned confirming the presence of very high grade local gold with assays up to 552.96 g/t (16.13 oz/ton) Au. The Kirana property comprises 86 contiguous claim units, 4 patent blocks and an isolated block of 8 claim units just south of the main group. The claim group extends across 4 townships, 5 kms. To the northeast of the prolific Kirkland Lake gold camp, where to date more than 24 million ounces of gold have been produced......Read More | Northern Gold Mining Profile
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| SMALL CAP NEWS |
MARKET NEWS |
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Stocks That Will Do Wonders for Your Portfolio
I'll cut right to the chase: International stocks will do wonders for your portfolio. If you're anything like me -- a U.S.-based retail investor looking for stocks to help build a comfortable retirement nest egg -- you need to look abroad for stock investments. |
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Stock falls on weak jobs report, Wal-Mart sales
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Wall Street retreated Thursday after weekly unemployment claims jumped to a six-year high and Wal-Mart Stores Inc. and other retailers reported disappointing sales, touching off renewed fears that a pullback in consumer spending will damage the economy. The Dow Jones industrials fell about 120 points.
The Labor Department said the number of newly laid off people seeking jobless benefits increased by a seasonally adjusted 7,000 to 455,000 last week, the highest level since late March 2002. Wall Street had expected new claims to rise to around 430,000.
Wal-Mart, the world's largest retailer, said same-store sales, or stores open at least one year, rose 3 percent in July as consumers began using up their government stimulus checks.
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