Gold Stocks update (Astur Gold)
An update on a junior gold stock.
First of all I have purchased shares of Astur Gold (AST.V). The stock has lost momentum since the proposed merger with Gold-Ore did not go through. The good news is that Gold-Ore had to pay a $2.5 million dollar break free.
The stock has a low float with only 37 million shares outstanding fully diluted with $2.9 million in cash.
Here is the link to the Astur PDAC presentation.
http://asturgold.com/data/2012/03/AST-Presentation-PDAC-2012-FINAL.pdf
Here is the 3 month chart. The stock should be bottoming at these levels and could be a quick bounce back to the upside with the thin float.
P.S. I am not a registered financial advisor. Always do your own due diligence before purchasing any stock talked about on pennyminingstocks.com.
Categories: Stock Tips Tags: ast.vn, astur gold, gold junior, pdac
PDAC 2012
PDAC 2012 begins at the end of this week and goes from Sunday March 4th – Wednesday March 7th. PDAC is the largest mining conference in the world and is expected to break all time attendance records this year. You will find many different things going on in the mineral industry here from technical sessions to investor sessions and more. I highly recommend going if you have the chance. Unfortunately I will be unable to attend.
For more on PDAC 2012 please check the official site at http://www.pdac.ca/pdac/conv/
Categories: Stock Tips Tags: pdac, pdac 2012
Cambridge House – Vancouver Resource Investment Conference Jan 22,23
The Cambridge House – Vancouver Resource Investment conference is coming up Jan 22nd/23rd in Vancouver. I will be attending the show and highly recommend it if you have the chance.
This is the 2nd biggest Resource conference in the world after PDAC.
I believe they are expecting over 10,000 people with over 60 speakers and 600 exhibitors. The exhibitors are pretty much all junior mining companies. Investors get the opportunity to meet management and ask questions face to face. Also the speakers put on talks on various issues that deal with the mining industry.
For more info and schedule see http://cambridgehouse.com/conference-details/vancouver-resource-investment-conference-2012/54
Cheers
Categories: Stock Tips Tags: cambridge house, junior mining companies, pdac, vancouver resource investment conference