Greetings!We will be sending out a new lightning pick alert tomorrow morning on a gold mining company. Last week's lightning pick jumped 20% the first day, and was almost 30% higher within 2 days of the alert. Tomorrow's pick will be very exciting.As you know, gold is the strongest section of the markets these days. With gold prices hitting new highs each day, demand for mininng stocks is especially strong. Tomorrow, we are teaming up with a few other very large newsletters and will all be notifying all of our subscribers that the stock looks excellent for a trade.We need to keep the idea a secret for now. We will send you an e-mail with the exact details right when the market opens, if for some reason you don't receive the e-mail by 9:30, we will also post the stock pick on this page: http://www.hotstocked.com/lightning-picks/.See you when the market opens. Hotstocked Team
Then this morning, the same reader sent this one in (IKN highlights in red):
Our lightning pick for today is Mercer Gold Corp. (OTC:MRGP), which closed last Friday at $0.50. They have just announced the first positive and even better than expected results on their newly acquired gold mining property in Colombia. The stock should now correspondingly move along with the next steps in the exploration program, which they are fully funded to carry out.
MRGP stock is currently excellent for trading as the technical indicators will attract many traders:
- Very good support at 50 cents, the next resistance at $0.67
- Accum/Dist has just reversed to point straight up
- MACD indicator is also highly bullish; the RSI shows high buying potentialThe fundamental support:
- Over $1.1 million in cash in the bank
- No long term-debt
- Positive exploration resultsIn April this year, MRGP signed an agreement about an exclusive 100% interest in the property known as the “Guayabales” property, located in Marmato, Colombia. In short, the company raised $2 million for the exploration through a private placement in May, which amount should be enough to follow strictly the exploration program on the “Guayabales” property over the next twelve months, meaning to complete Phase I and to start Phase II.
First results from the initial sampling have just been announced last week and they have been extremely positive. The Marmato district in Colombia is a prolific region with many mining companies having interests near the “Guayabales” property, some of those companies trading far above $1, and with much higher market caps.
Conclusion: Gold is hot, and MRGP is making fast progress. In the short term this stock can easily get to the $0.60 - $0.67 range, longer term more positive exploration results can take this stock much higher.
Happy Trading, Hotstocked Team
Hotstocked.com has been compensated two thousand five hundred dollars by Blue Wave Advisors for the distribution of this particular email. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Hotstocked.com does not own shares, but a third party may own shares and may intend to sell immediately following this advertisement.
"Beacon Equity Research, a Texas-based stock promotion firm, employs a stable of CFAs to write research reports for junior companies that trade on the dreadful OTC Bulletin Board and Pink Sheets in the United States. These reports routinely make "speculative buy" recommendations for companies that have no real hope of turning into real businesses.
"In many cases, these reports are served up in conjunction with aggressive spam campaigns designed to incite unsophisticated investors into investing in these nags, many of which have close connections to Vancouver.
"Beacon's research reports and attendant spam campaigns are financed by private third-party firms whose beneficial owners are never revealed, but are almost certainly closely connected to the companies' insiders. In some cases, these third parties pay up to $1 million for what are euphemistically called "investor awareness" programs."