Buy Trulan Resources

In: Tips

3 Apr 2013

Hi Everybody,

Tuesday’s alert was a little slow out of the gate.  It did trade up 8% but ran into resistance and traded sideways most of the day.  Keep an eye on it for that breakout.

Ready for another one?  We have one that looks sweet!!

Wednesday’s alert is a low priced stock without much of a trading history which means we could be in for some volatility and that is what we are looking for.

Because this stock is a cheapie, small up moves in price translate into big percentage gains.

Now for the kicker, its a mining play and the company says they are sitting on a potential $2.9 Billion worth of resources!

Whether they are or not, who knows, but what we do know is:

If you take a really cheap stock that doesn’t trade much, mix it with an exciting story, and tell millions of people about it you have the ingredients for some crazy trading.

That should be the end of the alert but for those of you that like to hear some of the fluff, here you go:

Our alert for Wednesday is Trulan Resources Inc., TRLR
The stock closed Tuesday at 2.3 cents.

TRLR is an exploration and mining development company.

TRLR’s main property is its Iron-Gold-Platinum (IGP) Project in Chile, South America which they own a 100% interest.

The project contains four ore bodies with an indicated reserve in excess of 247 million metric tons.

The combined value of the ore is reportedly worth $2.9 Billion!

TRLR is in the exploration phase, and for our purposes as traders this is good news.  That’s because there is still LOTS of news ahead.

Traders often bid up the prices of these mining deals in this stage because as we’ve said with mining companies in the past…it’s all about potential.

TRLR…a company holding a 100% interest in a property they say contains $2.9 billion worth of resources, sounds like some potential to me.

With the exposure TRLR will begin receiving Wednesday, things could get interesting.

Make sure TRLR is on top of your watchlist Wednesday morning.

Free Stock TipsAs always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading

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