I bought this stock a week ago at $0.21 per share. I don't normally invest in small caps, but I had recognized some new developments coming out of a Joint Venture with Barrick. And in consideration of an upcoming drop in the Fed, I was to assume the GOLD market would take off again.
This is an EXPLORATION COMPANY, and has no income!
But as luck would have it, Yesterday they announced that they found gold 25 meters below the surface on one of there digs, and it was coming out of the ground in a profitable manner.
The stock is up 160% in the last 5 days.
$0.21 (10/30/08)
