Due diligence has started to pay huge dividends for CEO Harry Lappa and hot penny stock North Springs Resources Corp. (OTC: NSRS) as the junior gold mining company traded over $55 million in stock today and toping $1 Billion in Market Cap.
Not bad for a company that was trading less than $0.01 in September, 2011, $0.07 in November, 2011, and had a whopping $16.00 cash in the bank which led many to think NSRS was a scam on another gold stock.
If you bought penny stock NSRS prior to 2012 or you bought it in today’s trading session, you’re probably itching to know what the future holds for this stock. One thing for sure is you can expect tomorrow’s video release of the Goldstar/One Arm Joe Gold Project to be attractive since CEO Harry Lappa surely would like to get a higher price for his massive share ownership before the company follows the footsteps of his prior stock trading companies.
Float: 196.00 Million
NSRS is based in Nevada which has been one of the largest and most mined states in the U.S. for decades. It has been considered to be one of the most successful areas in the world for gold mining. Gold reserve estimates have remained at 10-12 years of projected production for over 20 years now meaning Nevada has very low risk of running out of gold to be mined.
The big news will be when NSRS starts reporting developments and exploration of the most exciting property it has rights to, the Guyana property which sits next to the Omai mine property. The Omai property was re-discovered as a large scale commercial mine with over 4 million ounces of gold produced.
This could be the “Gold Mine” for NSRS.
“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett
If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.
AimHighProfits.com strives to provide you with the hottest stock alerts in the market in Real-Time. We focus on stocks that trade for $5 per share or less, some as little as a few pennies with upside potential.
Our goal is committed to producing and publishing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions and to inform you of the best stocks in the market before they move. Our focus is primarily on OTC stocks in the stock market today which have traditionally been ignored by Wall Street.
We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average day trader is made aware of them.
Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.
Listed below are a few of the many points each and every penny stock investor needs to discover.
- Do your own research.
- Trade Responsibly.
- Verify everything.
- Move Fast or Get Left Behind.
- Do not use market orders to enter a position, use limit orders.
- Have a System That fits You.
- If a Stock Gaps Open, Look for Pullbacks to Enter.
- Plan a Trade and Trade a Plan.
- Always use stop loss orders to protect yourself.
- Positive Self- Belief.
- Keep trading as Part of a Balanced life.
- If a stock breaks below our alert price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
- Always take your profits whenever you can. Do Not Be Greedy.
- Work Hard at Learning How to Trade Properly and Keep Working.
- Do something to make someone else’s life better today.
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