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awesomepennystocks.com Picks FWIW

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Post  lukera Thu Oct 21, 2010 11:03 am

Here is a website i signed up with because they had some flashy advertising. for what it's worth, take a look!

All of you have been asking us to find a company that operates in the gold mining sector since the beginning of the year. We were however unable to find a company worth featuring on our newsletter until now.

Our first gold mining pick this year is: CPMCF

CPMCF is set to profit from the current ridiculously high price of gold. Upwards of $1300 an ounce and counting.

CPMCF is a great way for everyone who wants to invest in gold, but does not want to get into the hurdles of owning physical bullion. Owning gold through stock has proven over time to be one of the best, easiest and most convenient ways of 'buying gold'

CPMCF also mines silver which is also at all time highs! Near $24 an ounce and counting!

This pick has all the components needed to run very high!

Coastal Pacific Mining activities are to explore, develop and mine gold and silver resources in North and South America. As its primary focus, the Company will joint venture with companies offering reserves to develop and produce. Currently the company is in joint venture agreements in Ontario, Canada.

CPMCF's philosophy is to participate with Companies who are in the later stage of exploration and are ready for development. Gold and silver have been used as money for over 3,000 years. History has shown that in periods of market downturns gold and silver have proven to be a dependable hedge for investors against both inflation and any monetary crisis.

Coastal's impressive website can be found at CoastalPacificMiningCorp dot com

We will be sending you full reports on CPMCF in the coming days.

Watch it very closely in the meantime. This is the type of company we really think stands a chance of hitting 0.25 in a very short period of time.

At that point we are looking at 500% gains from current levels. You can buy it at a cheap 4 cents at the moment!

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Post  Fred Thu Oct 21, 2010 6:25 pm

Be careful!! Notice that before the news release that there were hardly any shares exchanged... then all of a sudden almost 40 million in one day. Considering that there are only about 90 million, this is a lot. It's not huge money though because the share price is so low, but still enough. Since the volume is so high and the price so low, this could be a lot of fun to play around with if you are a gambler. Also, they haven't actually found or aquired anything of any real value yet. This will need to be achieved before you get anything real... everything you saw today is purely speculation.... which is what makes the open market what it is.

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