Hot Penny Stock North Springs Resources (OTC: NSRS) announced that it has received additional geochemical results, including silver values from the initial sampling program conducted during phase one exploration at the Imperial Gold Silver Property. CEO Harry Lappa must be pleased with his creation of this penny stock craze and 2,200% stock price increase since November. NSRS had some pre-market orders placed at $1.66.
Prepare for the Dump.
The history of CEO Harry Lappa indicates that having had $55 million in stock traded yesterday may just be enough for him to close up shop for this company.
As was circulated in other areas of the net, the promotion is ending and so could the run for NSRS
NSRS reports the following:
Results of surface and underground sampling indicate potentially two separate mineralizing events at the Imperial Property.
In one area of the property, a higher temperature mineralizing event is believed to be associated with the veins sampled underground at the Imperial Mine site. This mineralization has a close association between gold/silver and base metals.
In another area of the property, surface sampling indicates there was probably a separate lower temperature mineralizing event with gold associated with antimony.
This lower temperature event shows several key characteristics of a “Carlin-type” system which includes the presence of jasperoid and a thin-bedded calcareous host rock.
Carlin-type deposits represent some of the largest hydrothermal gold deposits in the world, including the Goldstrike Mine in Nevada, the largest Carlin-type deposit in the world, containing more than 35,000,000 ounces of gold.
NSRS Float: 196 Million
Be advised AimHighProfits.com holds no positions, nor has ever held any positions, in NSRS and has not been compensated by any parties to report on NSRS at any time.
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