Tag: PHOT

HEMP, MJNA, GRNH & Extended Watchlist

It seems every time we mention our medical marijuana plays, they go on to fare extremely well. HEMP and MJNA landed us us on the Penny Stock Rumble yesterday after each stock had a heck of a day. In fact several of our cannabis stocks continued to run on Monday. It would seem they are all up significantly, so we’d surely urge caution for those just showing up to the party. Perhaps waiting on consolidation and some potentially lower buy-in prices would be most prudent in this instance. That said, take a look at what Monday’s coverage brought to us:

Hemp, Inc. HEMP

HEMP closed at its high of day offering an intraday move of 72% from .047-.081. That represents a gain of 265% from last months low of .0222.

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Medical Marijuana, Inc. MJNA

MJNA gave people a chance at 53% intraday gains on Monday, if you were able to get in at the open of .34 and out at the high of day of .50. The stock has provided us with the chance at 604% in total gains since we have first began covering it.

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GreenGro Technologies, Inc. GRNH

Yesterday, GRNH day’s range was between .0629 and .122 closing out the day at .12, offering up a 94% move intraday.

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 PHOT, MWIP and ERBB also deserved an honorable mention following Monday’s session, each giving us a chance for profits between 15-30% Here is a link to an article that states pretty much what we’ve been shouting from the rooftops for the past several months: Marijuana stocks are here to stay, and have begun to increase in popularity at a rate never before observed… and it’s only going to get better.

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Scout Exploration, Inc. SCXN

Moving along from cannabis stocks, we’d like to once again mention SCXN. We first mentioned this play back on December 17th, and it has been inching its way up. We wanted to re-enter the stock into our morning discussions on the heels of this morning’s PR. It would seem the company completed its acquisition of the IDS Oil Spill System that we’ve mentioned in previous reports from it’s developers.

ST. JOHN’S, NEWFOUNDLAND, Feb 05, 2013 (MARKETWIRE via COMTEX) — Scout Exploration Inc. (OTCBB: SCXN) has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John’s, Newfoundland.

Faster and more effective oil spill response represents a challenge and opportunity for the oil exploration, production and transportation industries.

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On the chart, we can see accumulation has begun to pick back up, and the RSI looks ready to pass up through the 50DMA. The PPO is crossing over, and the Slow STO crossed over its own 50MA into the power zone. Our previous high of .39, you can see, is acting as our major resistance hurdle, the breaching of which would send us into blue sky breakout mode.

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Extended Watchlist:
KWBT, COIN, ACLP, TELK, OPXA, DCTH, BCOM

HEMP, MJNA, CBIS, XCHC & Extended Watchlist

We’re continuing our medical marijuana coverage this morning, after the cannabis related stocks we mentioned on Friday each turned in a fine performance. We had a sizable influx of new subscribers over the weekend, so we’d like to take this opportunity to welcome all of our new friends and thank you for your support. You made a great choice when you signed up, and we will do our best to ensure that you are able to reap the rewards.
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Each of the following stocks appeared on Friday’s report, and subsequently had a good session on Friday, but our coverage of these plays began way back in the fall, and in that time, have been very impressed with the results. Just look at the gains we’ve made from these cannabis stocks:

Medical Marijuana, Inc. MJNA

MJNA has traded in a range from .071 to .35 since we began following the stock, giving us the chance to rake in over 390% in profits.
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Hemp, Inc. HEMP

HEMP took a mere four sessions following our original call to run from .027-.09 this fall, and more recently saw a low of .0222 (Jan. 7th) before hitting a high of .051 on Friday, for an opportunity at another 130%
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Cannabis Science, Inc. CBIS

In the time since we first talked about CBIS, we’ve observed a range of .04-.099 (+148%).  Last week, CBIS was as low as .048 before hitting a high of .0749 on Friday for an added 56% in gains.
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X-Change Corporation XCHC

XCHC is the newest among these to appear in our reports, and also had a killer week. It promptly gained 178% from .0521-.145 after we added it to our list of marijuana stocks last Monday.
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Other stocks we’ve recently covered in this rapidly expanding field which have also made tremendous gains for us include: GRNH, ERBB, MWIP & PHOT. We’ve definitely gone over many of the most popular hemp plays on the OTC Markets, however, we’ve managed to root out a couple new ones to add to the mix. Allow us to also submit LATF and TRTC for your consideration. That brings our tracking list up to 10 stocks in one of the hottest, most cutting-edge market sectors of our time. For those of you who are indeed new to our mailing lists, you showed up during one of the most exciting periods in our more than ten years reporting on hot penny stocks.  
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Extended Watchlist:
PPHM, KERX, RMTI, SONS, PEIX, BIOF, MOBI, ETRM

HEMP, CBIS, GGSM & Extended Watchlists

We are back to focusing on marijuana-related stocks this morning, as Washington state’s legalization measures took effect at midnight last night. Tens, perhaps hundreds of thousands of happy smokers gathered at locations throughout the state, in a New Year’s Eve-style countdown-to-cannabis! We observed positive moves from several “pot stocks” yesterday, and we expect to see the trends continue as the nation gets used to the idea that the beginning of the end for marijuana prohibition is underway out West.

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Hemp, Inc. HEMP

When we initially began covering HEMP, the stock was as low as .027. It made a solid run all the way up to .09 before consolidating to bounce off of .037, at which point we saw another jump to .065. Consolidation occurred yet again, until late last week the stock found support at .035. It has been bumping into the 50DMA, and yesterday it finally got above it, with the next patch of resistance to come at the 20DMA of a nickel.

We’ve seen what HEMP can do when momentum flows into the stock, and we wouldn’t be at all surprised to catch another breakout in coming weeks, on into next year, especially with all the hype and positive attention that the medical marijuana industry has been getting.

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Cannabis Science, Inc. CBIS

We notice a lot of similarities in the HEMP and CBIS charts. Both stocks had serious runs, only to consolidate and find a higher support level, and are now gearing up for further gains, breaching the 50DMA’s.

The next patch of resistance for CBIS figures to come at the 20DMA (.068) and 200DMA (.072). As you can see below, chart indicators appear to be turning toward the bullish side, so we definitely want to keep CBIS on our scanners.

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Other Marijuana-Related Stocks to Monitor:
ERBB, GRNH, MDBX, PHOT, MJNA, TRTC, SRER

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Gold and GemStone Mining Inc. GGSM

We wanted to relay this morning’s PR from GGSM as well:

Gold and GemStone Mining Inc. and Blue Orange Mining Ltd Sign a Joint Venture Agreement
DRAPER, UT, Dec 06, 2012 (MARKETWIRE via COMTEX) — Gold and GemStone Mining Inc. (OTCQB: GGSM), an alluvial gold and diamond exploration and development stage mining company, announced today a joint venture agreement with Blue Orange Mining Limited.

Charmaine King, CEO of Gold and Gemstone Mining Inc., has announced the signing of a joint venture with Blue Orange Mining Ltd, based in Ghana offering 15 gold concessions, in a 50/50 JV.

Each concession measures between eighteen (18) to twenty-five (25) acres thus producing a total area of about forty-eight (48) acres in Dunkwa-Offin, fifty(50) acres in Pokukrom, and a total of two hundred and seventy-one (271) acres in Bibiani.

Six concessions were chosen for extensive testing, to evaluate the reserves. Results from this program would dictate the safe projection of resource to cover the thirteen mineable concessions for this project.

The concessions were evaluated by conventional polygonal methods to define the potential resources of minerals. Prospected data for the concessions was proven by a close drilling program undertaken by Dunkwa Goldfields Limited, a dredging company that held rights to extensive alluvial terrains along the Offin, Oda and Ancobra Rivers. When the company was declared bankrupt, its concessions were assigned by government for small scale operations. Records from this evaluation reveal an average reserve of approximately 11,083,696 tonnes at a grade of 0.75g/t for the six concessions. This projected over all thirteen concessions confirming a total resource of approximately 258,556 ounces and concluding a net average cost of production $721.45 per ounce for the life span of the project.

Mrs. King goes on to comment on the findings of the geological report, “GGSM is extremely pleased to announce to our shareholders and the public the geological report on our newest JV project with Blue Orange Mining shows over 250,000 ounces of easily extractable gold from the 13 mineable concessions. Even if gold was to drop to $1,500.00 per ounce, this concession would be worth over $380,000,000.00 to GGSM and our JV partners Blue Orange. With an average production cost for GGSM of $721.45 per ounce we are looking at over $200,000,000.00 in gross operating revenue for GGSM and Blue Orange Mining. Furthermore, GGSM is starting negotiations with Blue Orange to locate and finance the heavy equipment needed to begin moving forward.”

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Extended Watchlist:
TAON – We alerted the bottom yesterday at .009, looks set to continue gains.