TTD: Blog Members Pick

I receive several stock picks from blog members and occasionally like to shed some light on the ones I agree have potential for strong growth.

Golden Goliath Resources Ltd GNG  

Submitted by: Frank Tabbert

This company in my opinion will be a multi-bagger this year and should make a dramatic spike upwards by month end. Never having been professionally promoted, HOWEVER, it has not gone unnoticed by the big guys like Sprott 18% or Agnico Eagle 8%, in fact Marc Legault Agnico’s VP Explorations sits on the board.An independent report early into the drill program about a year and a half ago suggested a potential 114 million oz silver resource. Agnico Eagle who have struck a deal on Las Bolas have not released any resource  figures but from all the discoveries since that independent estimate my guess and I REITERATE I AM NOT A PROFESSIONAL, is probably double that figure. Ian Gordon of the Longwave Group has been a supporter forever.After announcing great drill results in January the stock did not react until James Dines took a look and made a recommendation propelling the stock upward. I must make the point that this was not a paid  promotion and GNG President Paul Sorbara confirmed that no remuneration was paid to Dines, which is another thing I like about management. They keep a close I on expenses. No trinkets, pens, keychains and giveaways at trade shows. Just hard facts.Video Link Of particular interest and huge potential in my opinion is another of the many in the camp the Nopalera property just a few kms. uphill from Fresnillo’s Orysvo mine with almost 3million possibly more oz gold and silver. The geology is identical to that of GNG and I believe GNG’s resource can match or be even better but hey, I am not a geologist..GNG has many potential targets in the camp and best of all they own the camp outright... Funding  a drill program is not a problem and this is why I think the stock will POP.  GNG’s warrants from the private placement are in the money and contain an acceleration clause  in which the company can give 30 days notice that they must be exercised if the stock remains over 20 day above 40 cents. The 20 days are up February 18th. Sprott, astute investors as they are took advantage of the lower prices before the recent price increase to own 19% up from 14% and are a big holder possibly the biggest holder  of the warrants.. The other big holder of the warrants is none other than Agnico Eagle. With Silver again over $30.00 and  shares tightly held  this looks to me like a winner. These are the facts as I see them. I am an individual investor and not a licenced professional but I believe I have done my homework and investors should do their own research as well as consult a professional .

TTD:
CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.