Miranda Gold
Toronto symbol MAD, is a gold exploration company focused mostly in Nevada.
Long-time readers know that we are constantly reevaluating our stock picks. Here are 12 stocks that have only limited growth prospects for the foreseeable future. We now see them all as sells.
TETHYS PETROLEUM $1.42 (Toronto symbol TPL) produces and explores for oil and gas in Central Asia. Operating in that region adds significant political and legal risk to the …read more »
These three penny mines have promising mineral properties, substantial cash holdings, plus connections with major companies than can play a key part in helping them achieve financial success.
MIRANDA GOLD $0.43 (Toronto symbol MAD; SI Rating: Start-up) (604-689-1659; www.mirandagold.com; Shares outstanding: 51.2 million; Market cap: $22.0 million; No dividends paid) explores for gold, mainly in the Cortez Trend and Battle Mountain-Eureka …read more »
Many junior resource stocks have rebounded lately, along with commodity prices. As well, it’s getting easier for many juniors to raise funds for exploration and development.
Here are four penny stocks that have promising prospects and cash to sustain themselves, whichever way commodity prices go. We think they have a better-than-average chance of long-term success.
MIRANDA GOLD $0.40 (Toronto symbol MAD; SI …read more »
MIRANDA GOLD $0.23 (Toronto symbol MAD; SI Rating: Start up) (604-689-1659; www.mirandagold.com; Shares outstanding: 44.9 million; Market cap: $10.1 million) is a gold exploration company focused mostly in Nevada.
Miranda holds $12 million in cash. That’s enough for four to five years of exploration. The company also has joint ventures with Barrick Gold, Teck Corp, Piedmont Mining, White Bear Resources and …read more »
Junior resources stocks have been particularly hard hit lately, not just by falling commodity prices, but also by investor fears that they won’t be able to continue to raise financing for exploration and development.
Here are four penny stocks that all have promising prospects, as well as cash to sustain their operations. We think they have a better-than-average chance of long-term …read more »
RDM CORPORATION $1.39 (Toronto symbol RC; SI Rating: Speculative) (519-746-8483; www.rdmcorp.com; Shares outstanding: 21.5 million; Market cap: $28.8 million) provides software and hardware products for electronic payment processing, mainly in the United States. RDM’s Image & Transaction Management System lets banks scan all types of checks, and then route them to any location for immediate electronic processing.
RDM is introducing a …read more »
MIRANDA GOLD $0.93 (Toronto symbol MAD; SI Rating: Start up) (604-689-1659; www.mirandagold.com; Shares outstanding: 44.8 million; Market cap: $41.7 million) is a gold exploration company focused in Nevada. Miranda has concentrated its exploration efforts on the Cortez Trend and Battle Mountain-Eureka Trend regions in Nevada, where it now has 15 properties in various stages of exploration. The regions are two …read more »
CANALASKA VENTURES $0.69 (Toronto symbol CVV; SI Rating: Start-up) (1-800-667-1870; www.canalaska.com; Shares outstanding: 107.5 million; Market cap: $74.2 million) holds seventeen 100%-owned uranium projects in the Athabasca Basin region of Saskatchewan. Since September 2004, the company has acquired one of the largest land positions in the region, totaling over 2.3 million acres.
Drilling is now underway on five targets. Early results …read more »
AMERICAN WOODMARK $41.52 (Nasdaq symbol AMWD; SI Rating: Speculative) (540-665-9100; www.americanwoodmark.com; Shares outstanding: 15.7 million; Market cap: $650.2 million) is the third-largest maker of kitchen and bath cabinets in the U.S.
The company offers more than 230 cabinet lines in a wide variety of designs, materials and finishes. It sells its products through a network of dealers and distributors and directly …read more »
