Thursday, May 21, 2009

Canadian Stock Alerts - May 21, 2009

Canadian Stock Alerts Update:

CENTURY MINING .. awaiting $65 mil financing news will restart a very successful mining project in Quebec

CMM.V closed @ .20 up .03 on 435,000 shares traded, shares have been under accumulation in anticipation of the $65 million dollar financing news, due anytime now.

NI43-101 news from 2008
- measured and indicated resources of 624,000 oz. and additional inferred resources totaling 2.8 million oz.


EXPLORATION OREX INC .. very positive news yesterday

OX.V mentioned @ .14 closed @ .185 on 1.4 mil traded

positive news released yesterday, still await their NI43-101 .. anticipated to be in at 2 to 3 mil oz. - OX shares are also under serious accumulation

Both companies have their major projects in Canada, CMM in Quebec and OREX in Nova Scotia .. mining friendly with no political interference.

Both are extremely undervalued compared to their peer group.

NOTE: As I write this Gold is at $938.00 US an oz. mainly do to a falling US dollar, tough economics & lack of confidence in the marketplace. The falling US dollar will lead many around the world to find safe harbor in GOLD. $1,000 per oz. GOLD looks to be very near and that will spark all juniors back to life through the summer, the fall and all of next year. That spells huge profits for the mining community just like it did for OIL the past few years.

Canadian Stock Alerts are updated throughout market hours

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