New York, NY – Wall Street Equities Research, a leading equities research firm, is pleased to announce it has initiated coverage on Pengram Corp (OTC:PNGM), placing a Speculative Buy rating on the stock.
Pengram Corp is an exploration-stage company engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States.
Wall Street Equities Research analyst Richard Donbrosky believes Pengram has strong near, and longer term, potential due to the proximity of its properties to gold occurrences and gold mines.
“The Company has a broad portfolio of high quality properties under its control. We believe there is significant potential to monetize these assets through the implementation of a divestiture program or through continued exploration” Donbrosky noted.
“Pengram has a balanced and diversified asset base of properties with great potential, excellent relationships with strong industry partners, an experienced management team, and an attractive capital structure, putting them in the enviable position of being one of the stronger junior miners around today”.
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About Pengram Corp (PNGM)
Pengram Corp. (PNGM) is an exploration-stage company. The Company is engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States. In Nevada, Pengram controls 116 claims covering approximately 3,456 acres. In Canada, PNGM controls 8,372 acres (3,388 hectares) in the Cariboo Mining District that has historically produced more than 3.8 million ounces of gold. For more information, visit www.pengramgold.com