Andes Gold Corp. AGCZWe’ve seen some newsletter coverage on AGCZ this weekend. We’ve been on this stock for around 6 weeks now, long before any of these other groups even thought about running a promotion. Once again, we show up to the party well in advance, and we’ve brought you along for the ride! Friday’s News: BOCA RATON, FL, Mar 25, 2012 (MARKETWIRE via COMTEX) — Andes Gold Corp (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, today discussed the Company’s current operations and projected what can be expected in the coming months. The Company is currently mining its gold concessions located in southern Ecuador. This consists of two mines having proven gold reserves of approximately 395,000 ounces of gold. At today’s prices, that represents a value of over $600 million in potential revenue based on an average price per ounce of $1650. The Company’s present mining efforts extract and process approximately 50 ounces per day with an immediate goal of increasing that to 100 ounces of gold per day. ___ Convergence Ethanol, Inc. CETHCETH is new to our radar this morning. Despite the name that suggests biofuel, this is in fact a gold play. In the past, we’ve done well with goldmining plays, and have added this stock to our watchlist after noticing increasing volume, and some explosive gains. As recently as Feb.6th the stock was trading between .001-.003, before hitting a high of .099 on Mar. 13th. (9800% gained!) Friday we saw an increase in volume, trading over 3X its 3mo average, up 95%, closing at .036. Should CETH reach previous highs, from the current price, that could mean an addition 175% in gains. More Info at http://indemiagold.com ___ American Fiber Green Products, Inc. AFBGThis is a stock that had news out last week, causing it to wake up, opening at .42, and touched .40 before reaching a high of .60, for an intraday gain of 50%, and closing out the day near to the HOD at .59 on record-high volume. This could figure to be a momentum play this morning, especially in light of recent news: TAMPA, FL, Mar 26, 2012 (MARKETWIRE via COMTEX) — American Fiber Green Products, Inc. (AFBG) (OTCQB: AFBG) (PINKSHEETS: AFBG) today announced that the company has signed Master Service Agreements with two Global Fortune 500 companies for its fiberglass recycling program. ___ Raptor Pharmaceutical Corp. RPTPRPTP is another new stock for us today, as a possible bottom-bounce play. The stock saw a new low since January on Thursday, with Friday being the first up day after that low was reached. Chartwise, the MACD is getting ready to cross, and the RSI is coming off of being oversold. Coupled with today’s news, and ripening chart, we could see some nice gains from RPTP early-on this week. ___ Catalyst Resource Group, Inc. CATAWe caught CATA late on Friday, the stock was trading at .0018, just prior to seeing gains of over 100% A rush of volume came in following our alert, as the stock traded nearly 6X the 3 mo. average. It will be interesting to see how much of that momentum spills over into this week. ___
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AGCZ | Andes Gold Corp. | News Update
Andes Gold Corp. AGCZ
We just wanted to alert our readers to the release of an afternoon PR on AGCZ. Thus far the stock has traded over 2X its 10 day average volume.
Along with a statement about the reasoning behind such a long period without an update, we received a pledge from the CEO to continue receiving company news on a more consistent basis moving forward.
The stock has been as low as .036 this past Tuesday, and has already stepped its way back up to the .0475 level, a 32% intraweek gain. The previous high of .051 figures to be the next area of resistance. We’ll be watching intently for a break past that level.
BOCA RATON, FL, Mar 23, 2012 (MARKETWIRE via COMTEX) — Andes Gold Corp. (OTCQB: AGCZ) (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, Chief Executive Officer Robert Talbot, today commented on the company’s goal to enhance shareholder communications as the company expands operations.
Mr. Talbot, commented, “The past several months have been critical in the development of a growing mining company such as Andes Gold. With skyrocketing gold prices, competition in our field has been intense. While we understand and appreciate the need to keep our investors up to date with our business, it has been more prudent to keep our operations and plans closely guarded. With that being said, we are now secure in our positions such that we believe it appropriate to implement a program that provides investors with greater insight into our operations. We appreciate the patience everyone has shown and are committed to a program of regular and consistent communication.”
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Extended Watchlist:
MSLP – Bounced off its low at .012, now at .015 (+25%)
CATA | Catalyst Resource Group, Inc. | Bottom-Bouncer
Catalyst Resource Group, Inc. CATA
It’s has been a little while since we fished around for bargain stocks, so we decided to go on a bottom-play hunt this morning. So far, our search has yielded a potential play that fits the bill. CATA is trending up from its 52wk. low of .0015, having already begun to bounce.
We want to monitor the situation with CATA going forward, as it seems the stock has just recently awakened, perhaps due largely in part to a recent agreement announced by the company earlier this month, as outlined in the following PR:
LOS ANGELES, CA and VIENTIANE, LAOS, Mar 04, 2012 (MARKETWIRE via COMTEX) — Catalyst Resource Group (OTCQB: CATA) (PINKSHEETS: CATA), a company engaged in innovative processing technologies to extract gold and platinum group metals, today announced that Company has signed a Definitive Agreement to acquire an 80% equity interest of Laos Minerals Mining, Inc.’s ownership in a 68-km2 gold concession known as the San 8 and San 60 areas of the Somsanouk Village, Sanakham District, Vientiane Province, Lao People’s Democratic Republic, in exchange for cash and monetary commitments to further explore and develop this project in the near future.
Exploratory activities on these concession areas previously carried out by Newmont (www.newmont.com), BRGM (www.brgm.fr) and more recently by Kingsgate Consolidated Ltd. (www.kingsgate.com.au) in 2011 have shown potential minable gold vein deposits aggregating several hundred thousand ounces. There also would be the possibility of finding up to one million or more ounces of minable gold and large bulk of base metal deposits. At today’s gold price, the total estimated value of these concession areas could range approximately from $US510 million to $US1.7 billion.
The closing of this transaction is scheduled to occur on April 16, 2012 but no later than May 30, 2012. The Company plans to carry out additional mapping, trenching, sampling and follow-up geophysics to define drill targets and then drilling of these targets in collaboration with a select regional mining contractor or a joint-operation partner.
MSLP, IDOI | Today’s Watchlist
Muscle Pharm Corp MSLP
MSLP had a slight dip yesterday, and found support at a previous level of resistance. Volume was notably lower on the pullback than on the previous run, so we are now just watching for more volume to flow back into the stock, which could fuel the next leg up.
IDO Security, Inc. IDOI
IDOI has been holding with a higher level of support over the past three trading sessions. Yesterday’s low appears to to be the support level here. (.50)
The next resistance level should come at .529, which was the high for Wednesday.
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MSLP, GMXS & Today’s Extended Watchlist
Muscle Pharm Corp MSLP
MSLP closed down 17% on the day yesterday, while still holding much of the gains it has made over the past week.
We are still most interested in this stock; with the 20dma of .009 rising toward the 50dma of .01, a golden cross could be in the cards very soon.
We are continuing to monitor MSLP, ensuring that it holds the support it found yesterday at .0125. We are also on the lookout for the stock to make higher lows heading into the end of this week.
Gemini Explorations, Inc. GMXS
This mining play is most likely going to be on our longer-term watchlist. The stock just woke up out of nowhere, and is one that we’ll have our eye on moving forward.
As you can see on the chart below, both the 20 and 50dma have recently surpassed the 200dma, and what little increase in volume we’ve seen over the past few weeks sent the stock from .02 on up to the .07-range.
Today’s Extended Watchlist:
IDOI, ASYI