Back to Newsroom
Back to Newsroom

Balmoral Resources Ltd.'s Stock Volume and Shares Rise on Promising Gold Report

Wednesday, 15 October 2014 06:45 AM

Topic:

Balmoral Resources Ltd. (OTCQX: BALMF) experienced robust stock volume Oct. 14, with 44,801 shares changing hands, substantially higher than its 30-day average volume of 31,403.

The surge in volume is being triggered in part by the Canadian-based gold exploration company’s just released results from the first six holes of the summer 2014 drill program on the Company’s wholly owned Martiniere Property.

Promising Results

All six holes tested the southern extension of the Bug Lake Zone intersecting high-grade gold mineralization along the upper contact of the Bug Lake Porphyry.

The results further demonstrate the continuity of the Bug Lake system. Results were highlighted by intercepts of 12.50 g/t gold over 7.99 metres, including 132.50 g/t gold over 0.72 metres in drill hole MDE-14-147 and 5.23 g/t gold over 7.28 metres in drill hole MDE-14-149.

The southern extension of the Bug Lake Zone has been intersected for 650 metres along strike and remains open to the south and to depth.

In addition, the company has confirmed a new discovery -the HW Porphyry Zone -which occurs along the lower contact of a northeast striking, south-east dipping porphyry sill located east of the Bug Lake Zone.

This new zone appears to be open in all directions and features results of 5.11 metres grading 4.32 g/t gold in MDE-14-147 and 2.89 metres grading 12.30 g/t gold in MDE-14-149.

On Oct. 14, BALMF's shares closed at $1.07, up 2 cents from its closing price of $1.05 the previous day.

Find out what could be the best investor's move when it comes to BALMF by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

 

Sino Gas International Holdings' Shares Close 1 Cent Shy of Its 52-Week High

Sino Gas International Holdings Inc.'s (OTCQB: SGAS) share volume skyrocketed Oct. 14, with more than 40,300 shares changing hands, nearly 3 times higher than its 30-day average volume of 14,639 shares.

In addition, share value closed at $1.28 cents, 1 cent shy of it 52-week high, unchanged from its closing price of the previous day.

Although Sino Gas hasn't been in the news lately, or issued any major press releases, industry observers say the company's profile is indicative of a natural-gas company on the way up.

Current Operations

Sino Gas and its wholly-owned subsidiary Beijing Gas Co., owns and operates natural gas distribution systems in 30 small and medium size cities and serving approximately 190,500 residential and 7 industrial customers.

Facilities include approximately 1,525 kilometers of pipeline and delivery networks with a daily capacity of approximately 120,000 cubic meters of natural gas. Beijing Gas is organized as a holding company. We are one of the first and largest compressed natural gas suppliers in the People' Republic of China . The company utilizes its patented technologies to construct natural gas pipelines and transport CNG, LNG and LPG to satisfy its users' need for clean energy.

Find out what could be the best investor's move when it comes to SGAS by getting the complete report here or by cutting and pasting the following link in your Web browser:

www.sixfigurestockpicks.com


Liquefied Natural Gas Stock Volume Soars as Share Value Continues to Fall

Liquefied Natural Gas Limited's (OTCPink: LNGLF) stock volume soared Oct. 14, with 2.2 million shares changing hands, more than 3 times its 30-day average volume of 981,518 shares.

This comes on the heels of the Australian-based natural gas company's recent announcement that it appointed Michael R. Mott as its Chief Financial Officer.

Based in Houston, Texas, Mott took the CFO reigns Oct. 1, 2014. The former CF, Norman Marshall has been appointed Group Executive - Strategic Development, primarily focused on securing Project Finance for the Magnolia LNG Project to facilitate financial close in mid-2015

On Oct. 14, LNGLF's share value closed at $2.47 cents, down 13 cents, or 5% from its closing price of $2.60 the previous day.

Find out what could be the best investor's move when it comes to LNGLF by getting the complete report here or by cutting and pasting the following link in your Web browser:

www.sixfigurestockpicks.com

 

Axion Power International Inc. Stock Volume Low

Axion Power International Inc.'s (OTCQB: AXPW) stock volume was tepid Oct. 14, with just 10,668 shares changing hands, substantially less than its 30-day average volume of 15,391 shares.

It's difficult to say what's behind the sudden low volume, because Axion hasn't been in the news lately and hasn’t issued any recent updates.

However, we do know that the New Castle Penn.-based energy storage device manufacturer has, however, lost about one-third of its share value since Sept. 8.

On Oct. 14, AXPW's shares closed at $3.31, up 1 cent from its closing price of $3.30 the previous day.

Find out what could be the best investor's move when it comes to AXPW by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

 

ABOUT US:

www.sixfigurestockpicks.com issues momentum alerts on stocks that can provide gains to day traders.

www.sixfigurestockpicks.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more.

www.sixfigurestockpicks.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals www.pennypickalerts.com is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading Penny Stocks. Gain an Edge by joining the www.sixfigurestockpicks.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.

Simply sign up for free and start receiving exclusive alerts.

Subscribe Here: www.sixfigurestockpicks.com

Disclosure

www.sixfigurestockpicks.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always own due diligence with any potential investment.

Topic:
Back to newsroom
Back to Newsroom
Share by: