It’s now one week since our initial alert on Punchline Resources (PUNL), fka Punchline Entertainment, and the penny stock has gained 31.25%. The daily percentage gains on PUNL stock may not be something that changes the color of the sky for many, but all indications are pointing to a massive public awareness campaign after the Company announced signing an LOI for advanced gold exploration after their $1 million financing deal.
If you just woke up waiting for the hibernation period to end, the summer, get PUNL stock on your list of penny stocks immediately.
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PUNL Stock Chart
Close: 1.26, up 0.05 (4.13%)
Volume: 1,241,181
High: 1.29
Trades: 237
Average Trade Size: 5,237
5 Day Percent Change: 31.25%
5 Day Moving Average: 1.13
5 Day Average Volume: 1,544,943
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Earlier today, the Company announced the signing of a Letter of Intent to acquire an interest in a Nevada based advanced gold exploration and development project which is situated roughly 3 miles west of Goldfield, Nevada. The penny stock swami, Ramzan Savji, CEO and President of Punchline, stated that the advanced project meets all of the criteria Punchline is looking for in a potential acquisition, including an initial calculated gold resource estimate and well defined exploration targets.
To further support the fact that we are looking at another Independence Energy (IDNG) type promo, emails we issued earlier today booking September 7th as the date when the rest of the world is about to find out what Company is going to experience a similar run that IDNG had, from the $1.71 official release to over $4.82 in less than 60 days.
So, wake up, pick up your skirt, and grab your balls – put PUNL on the list of penny stocks that have the liquidity to make a dent in your capital gains taxes you’re gonna be paying come April 15, 2013.
About PUNL Stock
Punchline Entertainment Inc., soon to be Punchline Resources Ltd., is an emerging mineral resources company focused on both domestic and international exploration and development projects.
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