Buy Pengram Corp

In: Tips

18 May 2011

Hello All,

We have something you need to put on your watch list right away !!

Our new alert is in the Gold mining industry.

These stocks have been hot as the price of Gold continues to rise (nearly at $1,500 an ounce!).

This company has shown tremendous growth over the past few months, and the share price is beginning to reflect this.

This stock looks like it may be in position to make a move to the next level.

Here’s what the indicators are saying about this alert:

7 Day Average Directional Indicator   Buy
20 – 50 Day MACD Oscillator            Buy
20 – 100 Day MACD Oscillator          Buy
100 Day Moving Average vs Price      Buy
50 – 100 Day MACD Oscillator          Buy

Our alert is Pengram Corp., PNGM.

 

Here’s some information to get you started:

PNGM is a gold exploration company.

PNGM’s strategy is to evaluate and acquire properties where previous work has been conducted and yielded positive results for the presence of gold.

PNGM’s portfolio currently consists of four properties — three in Nevada and one in British Columbia — under active evaluation for development, in addition to the Long Canyon Gold Trend Mineral Claims under due diligence and negotiation for acquisition.

PNGM recently announced it has executed new, separate option agreements on three of its key Nevada portfolio of properties Golden Snow, CPG and Fish.

PNGM also has successfully completed a joint venture agreement for Golden Snow which provides for the JV partner to pay PNGM $175,000 in staged payments, and spend $1.75 million in exploration expenditures, over 39 months to earn up to 75 percent of the project.

PNGM’s story is in a stage where it still shows very high potential to investors.  Which is good for you as a trader.

PNGM has recently seen an increase in trading volume.

More investors are finding out about PNGM.

 

PNGM belongs on your watch list.

As always, do your own research, always use stop loss orders to protect yourself, and book your profits when in a position to do so.

Good Trading

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