Buy Siga Resources

In: Tips

17 Oct 2011

Hello All,

Our instincts were right about our last alert being a fast gainer.
The alert was up 100% at its high!

Our instincts are tingling again, as we have another great company to bring you.

It’s a gold company, if you’ve read our newsletter for a while you know we love gold companies; and you probably do too since we assume you’ve booked some profits on them.

If geologists are correct, this company could be pulling nearly a billion dollars worth of gold out of their mines in the future!

What else do you need to know?!

Our alert for Monday is Siga Resources, Inc., SGAE, and the stock closed Friday at $1.40.

Here’s some information to get you started:

SGAE is a small gold stock with large potential.

SGAE is small because of its relatively low market valuation and has large potential because they could be pulling around a billion dollars worth of gold out of their mines in the future if the geologists are right!

Here’s how investing and/ or trading in gold companies works. The companies themselves go through a few stages; exploration, testing, and eventually mining. Junior gold companies tend to move up in price before they reach peak production, because once the company is actually mining the gold the value of the property is depleting.  So what you look for are companies who show big potential resources in the testing phase. SGAE is a prime example of this.

SGAE has 3 properties right now with some huge potential resources, and is working on securing several more.

SGAE’s Lucky Thirteen is a big Canadian project. It could produce as much as 250,000 ounces of gold!

SGAE’s Big Bear property in California’s San Bernardino Mountains might hold 1 to 2 million ounces of gold!

SGAE also holds a claim in Fiji, in an area that produced a million ounces of gold over more than 45 years. The area hasn’t been actively mined since 2002 and SGAE is taking another look at it with new mining technology that can help get more gold out of these old mines.

SGAE has a great story that not many investors have been made aware of…until now. We expect investors to be excited by these potential resources, and that excitement could cause them to start loading up on SGAE shares in anticipation of more news on these mines.

Remember, junior gold companies move almost entirely based on potential; and are sold once that potential is realized.

Put SGAE on the top of your watchlist for Monday.

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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