Markets

Watch List for Tuesday 2-22-2005

Keep an eye on PDVN, SPRL, CYAD, I believe the momentum is still strong and will continue. CYAD up 40% just on Friday will continue to see more strength early in the week. The last time I profiled a company at .46 it went to $1.76. Many of you may remember MBEU, if not this chart should refresh your memory: http://finance.yahoo.com/q/bc?s=MBEU.OB&t=6m
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Take a look at GAXY currently trading at .46. GAXY has just started experiencing some increasing volume. The 6 month chart shows a possible breakout from a trading range: http://finance.yahoo.com/q/bc?s=GAXY.OB&t=6m&l=on&z=m&q=l&c= Oil and Mineral stocks have been very hot lately. One of my previous profiles, SPRL from the other week has already doubled in less than 2 weeks.
GAXY just released some huge news Saturday, which I believe could fuel momentum into this week: GAXY Announces Independent Gold Resource Figures on the Yellow Jacket Mine in Santa Cruz County, Arizona http://biz.yahoo.com/prnews/050219/nysa016_1.html
Keep in mind Gold set record highs in 2004.
GAXY. has spent several years acquiring the rights to a number of Gold producing properties with well-established reserves. Headed up by a talented management team with many years of mining engineering experience, the company is ready to begin production on two of these properties in Q1 of 2005. The gold reserves are extensive and the cost of production is highly profitable.
GAXY has acquired certain mineral rights which include the following projects... Yellow Jacket - Santa Cruz, Arizona Cullebrillas - Peru Oatman United Oatman, Arizona Oatman Southern - Oatman, Arizona Oatman Victoria Oatman, Arizona Copper Mountain - Arizona Yaba - Yavapai County, Arizona Treasure King - Arizona Lexington - Lexington, Arizona Tom-Reed Junior - Mohave County, Arizona
Recent News:
Galaxy Minerals Announces Independent Gold Resource Figures on the Yellow Jacket Mine in Santa Cruz County, Arizona PR Newswire (Sat, Feb 19) Galaxy Minerals Enters Phase II of Exploration on the Phoenix Gold Project in the Oro Blanco Mining District, Arizona PR Newswire (Thu, Feb 17) Galaxy Minerals Enters Negotiations on the Cleopatra Gold Project Located in Mohave County, Arizona PR Newswire (Mon, Jan 31) Galaxy Minerals Receives Independent Results Confirming Economic Gold Grades at Its Yellow Jacket Mine PR Newswire (Wed, Jan 19)

posted by Juan Dosil @ 11:14 PM