Monday, April 11, 2011

Watchlist for Tuesday

EXRG (Ecologix Resources) .0012 this commodity stock is a great opportunity as it deals with "Timber" great hedge over inflation, the stock has seen volume but impatient selling has created a new 52 week low at .0006 but managed to close at .0012 the stock with volume and buying at the ask has opportunity for impressive gains, the company filed a 15 day extension on April 1 2011 and is awaiting its 10k financial. With a weak dollar and commodities getting attention this stock may be a great buying opportunity.

BRZL (Brazos Int'l Exploration) .0064 the stock is awaiting merger with RENFRO , this is an oil stock that took quite the dip and is now getting ready to pull off a nice comeback, the stock traded from .0085 to .0167 not too long ago and seems like there are rumors that acquisition may be finalized soon . Oil is a great commodity that will do well in weak markets


BONZ (Bonanza Goldfields) .0098 this gold stock announced news after hours the stock has held support and looks like news may drive this stock up, with gold and silver stocks doing well this may be a great trade in weeks to come:

Bonanza Goldfields Corp. (Pink Sheets: BONZ) ("Bonanza" or the "Company"), an exploration and mining company headquartered in Phoenix, Arizona - Management met its bulk sampling team with investment groups and reviewed the results from the sluice and backhoe operations. 21/30 in 150' by 150' grid sections have tested positive for levels of gold justifying further investigation and investment. "The results were we what expected and we have begun discussions with 43-101 certified geologists and equipment suppliers to get to the next level, production," stated Bonanza's President and CEO, David Janney. Management has since been in extensive discussions with finance groups so as to attain best terms for equipment and expertise in order to maximize shareholder returns. The Company is also accepting offers for advance purchases of 10kg gold bars deliverable 90 days from date of deposit, currently at a discount to market although no assurances can be made that such purchases will be consummated.
(Logo: http://photos.prnewswire.com/prnh/20101209/LA15018LOGO)
Gold samples have been attained, weighed and are being further analyzed at a nuclear lab in Canada for detailed information on the gold and dense black sands found.
Management has selected a Dakota Fabricators wash plant, designed for fine gold extraction, that can process up to 20 tons an hour. Until further safety certification, we are permitting currently to let operate 10 hours a day, six days a week, equaling a possible 4,800 tons a month. At .5 grams a ton, this equals 2,400 grams per month, which at today's record prices of $47.23 per gram, represents over $230,000 dollars a month gross income. No assurances can be provided as to gross income as other factors, such as breakdowns and other complications may arise.
 

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