Wednesday, May 6, 2009

Canadian Stock Alerts - May 6, 2009

Canadian Stock Alerts Update:

CENTURY MINING CORP .. mining spec play

CMM.V @ .18 now .. news last week of conditional financing,
large gold property in Peru with $65 million of financing
to be announced in near term. The upside on this stock seems
from the here, to have very little risk based on the interested
parties wanting to finance this deal & reserves in Peru.

Again, it's a hold and wait .. should already be much higher,
when financing is complete and announced, the share price should
move rather quickly.

CONSTANTINE METAL RES LTD .. another mining spec play

CEM.V @ .20 and virtually illiquid, rarely trades at present,
they are rebranding the company. Of great interest is their Timmins,
Ontario property. Sitting where the old Hemlo property was, which in
it's day, was one of Canada's most prolific gold producers.
Management is extremely experienced in the mining sector.

Again, risk & reward on this one, the upside to both these mining
spec plays could be rather spectacular. But one has to be prepared
to buy, hold and wait .. that's the nature of real gold spec plays.

Due diligence always ...

Canadian Stock Alerts are updated throughout market hours

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