WhisperFromWallStreet Alert AUMY
June 24, 2010 by staff
Filed under Todays Watchlist
Hello All,
Lets go mining for profits with my new alert. I think we can strike riches as this company strikes diamonds and gold.
My new alert is Auric Mining Corp., AUMY, and it closed today at 29 cents.
Please begin your research here: http://www.auricminingcorp.com and
here: http://finance.yahoo.com/q?s=AUMY.PK
AUMY is focused the mining and natural resources projects.
AUMY is developing its properties in the Wawa area of Ontario Canada.
This area has a prolific history for gold mining.
Wawa also has favorable geological formations for diamonds.
Canada continues to emerge as a dominant player in the world’s diamond production, and now accounts for 15% of the world’s supply, which ranks the country third in the world. Canada’s diamond industry has grown quickly and has become a $1.7 billion industry with all indicators pointing to the potential for future growth. It is currently estimated that over 45% of world diamond exploration is now being conducted in Canada.
AUMY has a number of claims strategically located in this historic mining district.
AUMY is planning an extensive exploration program for this summer, which will include prospecting, sampling, some ground geophysics and an assaying program to be conducted over a period of approximately 2 months.
The volume in AUMY has just started to pick up. Something could be happening here.
When AUMY tells us they are going to have a busy summer what that means to me is LOTS OF PRESS.
Many times the best time to own an exploration company is when they begin the process. This is when everyone is full of excitement and prices can go crazy as people bid up the stock based on what they think they may find.
AUMY told us in today’s press release that they have extensive exploration and testing going on this summer. Sounds like it could be the right time to take a real close look at AUMY.
As always, do your own research, always use stop loss orders, and book your profits when in a position to do so.
Good Investing,
Mark
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