Thursday, August 20, 2009

Canadian Stock Alerts - August 20, 2009

Canadian Stock Alerts Update:

NETWORK EXPLORATION - NET.V @ .055 on 6.4 million shares traded

I first mentioned Network Exploration yesterday morning at 10:30am based on their unusually higher than normal trading volume. This may be one to watch closely today. Mining MarketWatch did a review on NET and I wanted to share some of what they said, which may be driving this volume.

As always, do your own due diligence.


Notes from the Editor on Featured Article:

Undervalued Opinion: Network Exploration Ltd. (TSX-V: NET) possesses a stretch of highly mineralized gold bearing hills surrounding a copper-gold porphyry caldera in Chile, aptly named their 'Caldera' project. The hills host several abandoned mines that stand testimony to gold bearing breccia that exists within; the abandoned La Blanca mine site alone is situated within a 300m x 100m silica breccia consisting of ancient stockwork with quartz-sericite alteration. La Blanca sampled well with gold values upwards of 9.24 g/t over 2m and is now the target of a 2009 drift program to better establish the geometry and volume of the gold systems ore body. Network Exploration is confident that modern exploration techniques will provide a detailed analysis of the underlying gold system on which to base possible exploitation of the mining concessions. La Blanca could conceivably host a world class deposit similar to Barrick's achievement at the nearby Pascua-Lama gold and copper project. The NET.V Caldera project shares similar stratigraphy to the Pascua-Lama gold and copper project (which contains proven and probable reserves of 17.8 million ounces of gold, 717.6 million ounces of silver, 649.5 million pounds of copper) located ~60km to the SE and also Barrick's Veladero gold mine currently in production with 12.2 million ounces of gold. Technical leadership at Network Exploration is exceptional and merits investor attention -- the former President of Teck Exploration and the former South American Exploration Manager for Noranda & former GM responsible for Latin America for Teck Peru SA; Mining MarketWatch has interviewed the Senior Geologist in charge and we are very impressed with plans and the level of confidence that exists in the La Blanca project.

The risk-reward characteristics are highly advantageous for investors establishing a long position in NET.V now, as their planned exploration campaign progresses. Mining MarketWatch has confirmed NET.V is well capitalized to meet exploration goals and near-term obligations. The current market cap of NET.V relative to the inherent value of their Caldera project seems highly disproportionate. In light of the aforementioned and the fact near term catalysts exist to facilitate justified share price revaluation, NET.V appears undervalued with only ~51M shares outstanding and trading under CDN$0.06.

Yukon Gold Claims: "Network acquires mineral claims near Underworld's new gold discovery" (June 25, 2009)

The 100% owned claims of Network Exploration are positioned lie east of Underworld Resources Inc.'s Golden Saddle zone on its White gold property where gold assay values of 4.8 g/t and 3.59 g/t have been intercepted over 10.5 and 98.3 meters. The inherent value of NET.V increases with each announcement of further high grade gold discovery results by its neighbour, Underworld Resources.

Full Article @


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