I'm new to this forum,. just discovered this morning, and now successfully logged in. I'm trying to start a new topic but cannot see where to post. Maybe after my first post here, then I will see the link to log in a new topic. Anyway hope to find a few winners here from you guys but also to post a few hopeful winners. I have found a few in the past, but am only 2 yrs into trading. So like a minor league batter going to the majors, I just sat there and watched as the 3 strikes went by. I COULD NOT PULL THE TRIGGER TO BUY. I could be very wealthy had I bought into Canwest at 22 cents, now trading at $6-$7, 16 months later. I missed 3 or 4 others like that. Anyway hope to post here as often as I can.
Lets see we are on mining stocks. I picked Firestone Ventures FE.V for my fathers account, went from 25 Can Cents to now at 70 cents Can in 1 month. Has very low potential to go further for awhile.
How about Nayarit NYG.V we bought i at 67 Can cents now is at $1.50 Can. Has potential.
Now as to a penny mining stock about to go....have none at the moment.
I see Plexmar was mentioned here. That one looks pretty good. Also take a look at ATLAS mining, sells for $180 american. We found it 2 yrs ago at 11 cents, went to $1.10, we sold 6 months ago, we bought in Jan at $1.10, sold a week later, I got nervous as it was going down 5 cents, now we bought back in at $1.80. I've learned to hold. They have some unique things going on with the NANO Clay + a very rich gold property just announced. Should see $5+ easily this yr.
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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May 10, 2006 (M2 PRESSWIRE via COMTEX News Network) -- Streetinvesting.com is the author of this release. Our goal is to educate, inform and initiate a creative philosophy of investment tactics. This release is a result of GOLDEN DYNASTY RESOURCES (TSX-V:GLY) latest corporate developments and their recent trading activity with over 6 million shares traded and up over 27% before market close on Tuesday. Streetinvesting.com strives to help investors seek a diversified portfolio by introducing techniques to help grasp a better understanding and concept of the market and the daily activities that a company experiences. To learn more and become part of the acclaimed online financial newsletter community, visit www.streetinvesting.com for a complimentary subscription.
Golden Dynasty Resources Limited is a public company listed on the TSX Venture Exchange in Toronto, Canada (ticker code: GLY). The Company's core business is oil and gas exploration and development. In September 2004 an option agreement was entered into with Australian Stock Exchange Listed Kimberly Oil NL (now called European Gas Limited) to earn-in up to 80% of one of its subsidiary companies Terratek Drilling Tools Pty Ltd.
The strategic focus of European Gas Limited for the future was changing to exploration and development of Coal Bed and Coal Mine Methane projects. Therefore, it had made the decision to initiate a programme of oil and gas asset divestment.
Terratek has oil drilling licenses and production permits in the Canning Basin, near Broome in North Western Australia and has further involvement in an oil spill remediation process known as the Kolacsai Oil Spill Solidification Process.
The intention of the Directors of Golden Dynasty Resources Limited is to further develop the exploration and production assets to maximise their potential. This will be implemented by funding further exploration in EP129, L6 and L8 together with the provision of research and development capital for the intellectual property and the commercialisation of the oil spill remediation division of the business.
The directors of Golden Dynasty Resources Limited announced on May 2nd, 2006 that the Spud date for Boundary Southest-1 will be Monday the 15th of May 2006. Could the latest upsurge in share value be due to the anticipation of the Spud date? This is the first well in the previously announced three hole drill program scheduled for EP129, L6 and L8 within the Canning Basin north west Western Australia.
Drilling contractor Australian Drilling Services Pty Ltd (ADS) have advised the company that the rig will be mobilised this week and will arrive on site on or about the 10th May.
Earthworks are presently being conducted on a second site Rock Ridges-1. Upon completion of this site the earthmoving contractor will prepare Backreef-1, this hole will be drilled to a depth of 1800 meters at shotpoint 430 on line BV93-17 to target the sands of the Clanmyer Formation. Backreef-1 will be 100% funded by Back Reef Oil Limited for a 70% interest in a portion of EP129 and L6 announced recently.
Upon completion of this present program, towards the end of June, Golden Dynasty will have earned its 80% interest in Terratek Drilling Tools Pty Ltd the registered owner of EP129 and the producing Blina Oil Field.
The rig is given a final set up in the Perth yard in preparation for mobilisation to the Canning Basin.
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Posts: 7 | Registered: Apr 2006
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NEWS RELEASE June 19th 2006 Rig Relocating to Drill Scrubby-1
Golden Dynasty would like to advise that the rig is currently being moved to the Scrubby-1 location, about two kilometres south-southwest of the Boundary Southeast-1 well. Scrubby-1, with a projected TD of 1,250 metres, is testing a stratigraphic trap formed by drape of the Winifred Shale over an erosional high of the Betty Sandstone, a formation of the Grant Group. The West Terrace oilfield, two kilometres to the east, has the same trap mechanism. Scrubby-1 is expected to spud later this week.
The Scrubby Prospect is very similar to the Rock Ridges Prospect, which is three kilometres east of the West Terrace Oilfield. Golden Dynasty has chosen to drill Scrubby-1 ahead of Rock Ridges-1 as the Scrubby Prospect is on the migration pathway to the West Terrace Oilfield, and thus has a higher chance of being sourced than the Rock Ridges Prospect.
Golden Dynasty is in the final stages of its earn-in agreement with European Gas Ltd which will see the company earn 80% of all Terratek’s (EGL’s subsidiary company and owner of EP129 and L6 &L8) operational assets in the Canning Basin, after the recent completion of drilling of Boundary Southeast-1. The companies commitment to expend $3m AUD on exploration is nearly complete, with a continued drilling program scheduled.
The TSX venture exchange has neither approved nor disapproved the contents of this news release.
Golden Dynasty Resources Limited David Archibald, Phone +1 604 684 7619 Director Of Exploration
Posts: 7 | Registered: Apr 2006
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