Penny Stocks Finder Blog

A lot of users are writing in saying they're winning big on ARSC, which close just about at the high of the day today (0.10)! Nice! Glad, you guys were able to enjoy that one, which was mention on our blog last month around 0.04. That over a 100% and it's still roaring along! Good luck all of you ARSC'ers.




As far as GPTC goes, they are looking very oversold at this point. I am still personally holding a large quantity of shares and am expecting the trend to soon turn bullish once again.

Terry

Well, hopefully most of you where able to pick up a bit more on the dip. ARSC hit a high of .07 so far today. I currently have no position in this stock, but will continue to keep a close eye on it.

On another note, for those of you that are on the Web a lot. You should really check out AGLOCO, they are a new business starting up that is offering to pay you just for installing their toolbar and surfing the Web. Too cool, I've already had 25 people I know signup this past week. I would also recommend getting in now, before they launch so you can get all of your friends to sign up with your referral ID. Click Here To Find Out More

Finally, if you register through this site, be sure to leave a comment to this post with your AGLOCO referral ID so, you can rack up the referrals.

T

We had added ARSC to our bottom play watch back in December, and I just wanted to let everyone know it's on the move today. Currently up around 70% today! Go ARSC!

Terry

Uranium play, GPTC held strong above .20 for most of this past week, showing great strength.

Taking a Closer Look at Recent News

The recent news of, Golden Patriot, Corp. - Crews Initiate Down Hole Radiometric Survey mentions the following... "The survey is expected to take 7 to 10 days weather permitting." That would make the results come out late this coming week or early the following week. So, keep a very close eye on this micro cap uranium play. The fact that they are going to such an extent to research and confirm the richness of their newly acquired mining property shows great promise.

Educated View of GPTC's Current Flourescent Research

It takes up to months to get the results from drill samples that have been sent to a lab for analysis. So the company is using a portable X-ray fluorescent NITON analyzer to get a preliminary analysis of the drill sample. This will give them an excellent idea on the drill results and give them a head start in deciding where to drill next, although they can't use these preliminary results to calculate an NI 43-101 resource.

They are also going to test previous drilled holes by lowering a device that bombards the wall of the hole with gamma rays and then using the resultant readouts to determine the percent of uranium present along the length of the holes. This will give them information on this area that was drilled 40 years ago and help them decide where to drill next on this area and also give them a good idea on the uranium values present in this area.

X-ray fluorescence technology provides one of the simplest, most accurate and most economic analytical methods for the determination of the chemical composition of many types of materials. It is non-destructive and reliable, requires no, or very little, sample preparation and is suitable for solid, liquid and powdered samples. It can be used for a wide range of elements, from beryllium (4) to uranium (92), and provides detection limits at the ppm level; it can also precisely measure concentrations of up to 100%.

X-ray fluorescence spectroscopy (XRF) is universally recognized as a very accurate method of measuring the atomic composition of a material by irradiating a sample with high energy photons such as x-rays or gamma rays and observing the resulting x-ray fluorescence emitted by the sample.

The gamma portion of the downhole logging tool is calibrated by uranium-industry standard values located in mines at Grants, N.M. In situ uranium grades, expressed as equivalent U3O8 (eU3O8) are calculated using the digital gamma ray values acquired by the downhole logging tool and uranium industry standard techniques for gamma log interpretation. Downhole gamma log interpretation has historically been found to be an accurate representation of in situ grades for uranium mineralization.

Related Companies To Take a Look At

Cameco Corporation (NYSE: CCJ) @ 38.47
UEX Corporation (TSE:UEX) @ 5.06
Calfrac Well Services Ltd. (TSE: CFW)@ 20.92
Denison Mines Corp. (TSE: DML) @ 10.97
SXR Uranium One Inc. (TSE: SXR) @ 14.21
Barrick Gold Corp. (TSE: ABX) @ 34.06
Barrick Gold Corporation (USA) (NYSE: ABX)
29.01JNR Resources Inc. (CVE: JNN) @ 2.60
Anaconda Gold Corporation (CVE: ANX) @ 0.42


Don't take GPTC off your radar, the future looks very promising.

T

Okay, as promised, some more information about one of the picks from Monday that we liked the most, OTC:GPTC .


GPTC : Stock Stats

Outstanding Shares: 78.16m
Float: 51.98m
Market Cap: 15.63m

Golden Patriot Corp : The Company

Golden Patriot has interests in mineral properties involving uranium and gold mining. The primary focus of Golden Patriot is the development of the past producing Lucky Boy Uranium mine in Gila County, Arizona which recently achieved a major milestone of receiving Government and State approval of the 'Plan of Operations'. As it stands now Golden Patriot is one of, if not the smallest capitalized company, that is exploring a past producing uranium mine. Golden Patriot also has recently been approached by a New York Stock Exchange listed gold company on a potential joint venture on one of the gold prospects Golden Patriot holds.

One of the first uranium properties to go into production in Arizona, the Lucky Boy property has demonstrated open-pittable and heap-leachable characteristics. The property appears to be located in a non-environmentally sensitive area. Exploration and development potential is considered very high. The development program is now underway and a full scale drill program is scheduled to commence in the next few months. Golden Patriot has more than sufficient funds on hand to fund this drill program going forward.

Recent News

Significant Uranium Mineralization Confirmed by Golden Patriot Corp's Successful Drill Program

Golden Patriot, Corp. ("Golden Patriot") (OTCBB: GPTC) (Frankfurt Stock Exchange: GPU: 784832-WKN)) is extremely pleased to announce that the assay results of the recently completed drill program on the Lucky Boy Uranium Property has been received by the operator and the following positive results has been ascertained. The recent reverse circulation drill program, totaling 3,430 feet in 23 holes, testing geological and anomalous areas of the Lucky Boy Uranium Property in Gila County, Arizona has been successful in delineating significant mineralization over a strike length of approximately 396 feet. Bradley Rudman, president of Golden Patriot stated, "It is great news that this phase of our drill program produced significant mineralization over sufficient lengths. We have been told that economic grade uranium has been found and that a trend of mineralization has been ascertained. The next phase will now focus on the area of mineralization to prove out the potential tonnage and grades available to take us to the next phase of the program and ultimately to the goal of putting the Lucky Boy Prospect into production. 2007 could prove be a watershed year in the short and long term growth of the company. Golden Patriot is one of the smallest capitalized junior uranium companies that has achieved successful uranium drilling results, and we feel that as this prospect is ultimately developed, Golden Patriot might provide tremendous future leverage within the uranium segment of the market."

Drilling also suggests a NE/SW trend to the mineralization which is open along strike. Intercepts of interest included hole #2 returning 10 ft of (.12% ) 2.4 lbs per ton U from a depth of 60 to 70 feet, hole #21 returning 5 ft of (.13%) 2.6 lbs per ton or 10ft of (.092%) 1.84 lbs per ton U from a depth of 85 - 95 ft, and hole #9 yielding 5ft of (.12%) 2.4 pounds per ton from a depth of 150 - 155ft.

Systematic sampling of the adit, centered within the presently drill indicated zone of mineralization, has defined a potential core area of higher grade mineralization. Analysis with a portable, X- Ray fluorescence analyzer (NITON) has returned readings ranging from (.42 % to .71% ) 8.4 lbs per ton to 14.2 lbs per ton U. Readings taken from the back of the adit and adjacent to a production stope returned extremely anomalous readings and samples have been sent to IPL laboratories of Richmond B.C. for verification analysis.

Historically, the Lucky Boy property has seen two periods of production. In the early 1950's, 2,500 tons grading (.16%) 3.2 pounds per ton was shipped to a government buying station. During the 1970's, and following delineation of two blocks of ore by shallow air-track drilling, a .5 acre leach pad and complete on-site, yellow cake recovery plant was put into production. Open pit mining of material from near surface to a depth of about 25 feet, and grading between (.1 to .2%) 2 lbs per ton to 4 lbs per ton U, is reported to have produced roughly 5,000 lbs of refined yellow cake. During the time it was determined that torbernite, a secondary uranium copper phosphate mineral developed along fracture faces, was the dominant uranium mineral present.

Recent drilling and geologic interpretation strongly suggests that untested mineralization shallows in depth along a northeasterly trend. Planning is currently underway to test this high priority target. Recent work has confirmed that at least 10 cased, air track holes drilled in the 1970's are open and are within this new zone of interest. Results of this work will help guide a second phase of drilling consisting of close spaced core-drilling holes. With respect to potential open pit mining, confirmation of relatively shallow mineralization lying roughly parallel to slope would be highly favorable.

Related Companies To Take a Look At

Cameco Corporation (NYSE: CCJ) @ 38.47

UEX Corporation (TSE:UEX) @ 5.06

Calfrac Well Services Ltd. (TSE: CFW)@ 20.92

Denison Mines Corp. (TSE: DML) @ 10.97

SXR Uranium One Inc. (TSE: SXR) @ 14.21

Barrick Gold Corp. (TSE: ABX) @ 34.06

Barrick Gold Corporation (USA) (NYSE: ABX) 29.01

JNR Resources Inc. (CVE: JNN) @ 2.60

Anaconda Gold Corporation (CVE: ANX) @ 0.42

Caught up on my penny stock scanning this long weekend and there are 4 stocks that are on watch for me this week. A couple look very nice where they stand, I plan to do further research and post my findings later this week. Until then, allow me to post their charts.

GPTC - Golden Patriot Corp (OTC:GPTC)




MLHP - Millenia Hope Inc. (OTC:MLHP)



NWWM - New Wave Mobile, Inc. (OTC:NWWM)



(The following stock is an honorable mention... volume not quite their yet)

TRDY - Trudy Corp (OTC:TRDY)

RHWC will soon be publishing their revenues which are rumored to be quite hefty. After taking a closer look at similar stocks such as Accredited Home Lenders (NASDAQ: LEND) you can see what the potential of RHWC. Other similars companies such as New Century Financial Corporation (NYSE: NEW) and Countrywide Financial Corporation (NYSE: CFC) offer more insight upon RHWC's future.

What needs to be looked at today with RHWC is the stocks movement technically. The chart is showing a strength keeping a price channel between 0.16 and 0.25. Volume is still higher than normal for RHWC which is a bullish sign of accumulation. Also, taking a look at the Stochastic indicator it would appear that RHWC is ready to soon travel back up toward the higher part of it's price channel, which is around 0.25.

I will be keeping a close eye on RHWC this week and accumulate here at the current price.

Terry

Well, one of the stocks that has floated around my portfolio, APPI, may have yet another day in the spotlight. APPI released news yesterday after market close in regards to their merger with World Health Energy, Inc.. There has also been a spike on the stock boards and the stock newsletters raving about this one. Today should see, at the very least, a hefty morning spike.

Terry

AAPM is on my list for very high risk / very high return. The volume has spiked heavily today, around about 1/2 billion currently. AAPM has released great news regarding their earnings which make this a bottom play that you must keep an eye on.

News seems to be spreading about RHWC and the company's soon-to-be-released earnings. Today's volume spike was a great sign for future momentum in RHWC. This stock needs to break through the resistance level of around 0.30 to really take a run for 1.00. Should be a fun one to watch. I'll be sure to keep everyone up to date!