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The Markets: 19/03/2010 4:37 PM
Greek crisis, CPI weighs on markets
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Penny
Stocks In Play
(Updated 2 Times a Day)
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4:02 PM
EST -
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Mountain Boy Minerals Ltd.: provided investors and shareholders with clarification regarding BA project assay results for drill holes DDH-2008-39 through DDH-2008-63, released by the Company in news releases on January 21, 2010 and March 18. The Company has been made aware that investors are under the impression that this drilling data and assay information had previously been reported. The information released on January 21 and March 18 is for core drilled in 2008 but never logged, cut and assayed as a consequence of the severe downturn in market conditions in the fall of 2008. The core from 38 drill holes was stored in a secure facility until financing raised in the fall of 2009 enabled processing to begin. During the last four months, over 6,000 metres of core was processed by logging, geotechnical studies, cutting and assaying. At present, there are still 10 drill holes with assay results pending.
Companies mentioned in this penny stock in play include: Mountain Boy Minerals Ltd. (V.MTB) is trading down $0.005 at $0.175.
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4:00 PM
EST -
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Otish Energy Inc.: announced it is beginning exploration work on its 100% interest Noyelles Property comprising 66 mineral claims in the Noyelles and Bruneau Townships, Abitibi Area of Quebec. The Noyelles Property covers approximately 3,697 hectares and is located roughly 60 kilometres northwest of the town of Lebel-sur-Quevillon, Quebec. Several logging roads transect the Property providing an excellent access. The Property lies within the Casa Berardi-Cameron deformation corridor that hosts several orebodies and gold deposits, notably the Casa Berardi gold mine with over five Million ounces of gold and the Discovery deposit with more than 500,000 ounces of gold. The Property is located approximately 20 kilometres from the Discovery deposit. The Property geology consists of mafic volcanic rocks of the Taibi Group that is in contact with miscellaneous sedimentary rocks that include sandstones, conglomerates, siltstones, mudstones, tuf and iron formations.
Companies mentioned in this penny stock in play include: Otish Energy Inc. (V.OEI) is trading up $0.02 at $0.09.
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[click here for more stocks in play]
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Penny Stocks To Watch
March 22 to March 26, 2010
Wavefront Technology Solutions Inc.
Symbol:
WEE
Exchange:
TSX-Venture
Industry:
Basic Materials
Products:
Energy
[Click here for more details]
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Iteration Energy Ltd.
Symbol:
ITX
Exchange:
TSX
Industry:
Basic Materials
Products:
Energy
[Click here for more details]
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American
Petro-Hunter, Inc.
American Petro-Hunter
Inc. is a goal-oriented exploration and production (E&P)
Company aiming to become an intermediate level oil and gas
producer within 12 months. The Company believes that continued
industry growth through the development and exploration of
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the American vital financial system to prosperity.
[click here for details]

Latest
Company Spotlight
Crosshair Exploration &
Mining Corp.
Crosshair is a
dominant player in the exploration and development of uranium
and gold in the US and Canada. Its flagship Project, Bootheel,
is located in uranium mining friendly Wyoming and with its
in-situ mining potential; Bootheel is designed for near term
production. The CMB Uranium/Vanadium Project is located in
Labrador, Canada and has four currently defined resources - C
Zone, Area 1, Armstrong and Two Time Zone. The Crosshair team
is comprised of knowledgeable and experienced professionals
with both exploration and mining backgrounds.
Junior Miner Makes Significant Gold Discovery
By:
AllPennyStocks.com News
March 19, 2010
Gold mining companies continue to break from the gate like greyhounds after a mechanical rabbit. The competition to find what we still regard as a “precious metal” remains as fierce as ever – yet with all the discoveries going on, the price of gold continues its skyward journey. Such are the uncertain times in which we are living.
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