Now, before one gets too carried away let's take a quick look back to the 1970's when gold did it's thing. Remember gold went from around $40 to over $800 in a few short years. There were people back then who bought some penny mining stocks and became millionairs. Below is just an example of what some stocks did back then.
| Name |
1975 Price |
1980 Price |
| Lion Mines |
$0.07 |
$380 |
| Bankeno |
$1.25 |
$430 |
| Wharf Resources |
$0.40 |
$560 |
| Steep Rock |
$0.93 |
$440 |
| Mineral Resources |
$0.60 |
$415 |
| Azure Resources |
$0.05 |
$109 |
And there is even more examples right here.
Now if you would like to find out how to pick stocks like these, I mean real winning penny mining stocks, then I would advise you to first get familiar with what penny mining stocks are all about. Getting your head into the terminology of mining is an absolute must. There is an old saying that goes, "the truth shall set your free". With the wrong play (false truth) you are going NOWHERE. Well, maybe down. But, with the right play, (whole truth) you have a great chance at becoming rich. In fact you can become very RICH.
But before you can do that you got to know the lingo, the terms, that sort of thing. To become familiar with these terms, understand assay results, drill records, core data etc. we have the newest lastest version of the Mining Stock Investor Guide that we offer for sale here. This book was just released in the last week of March 2010. This is the ONLY and I mean ONLY book available on the market today that is specific to mining and exploration stocks.
For the information about this website and to find out what's new and what's happening in the world of Pennyminingstocks.com...click here to find out.
If you have been thinking about checking out penny stocks, especially penny mining stocks, then now is a good time. Because right now we are in a bull market in metals. We are in year 8 of a commodity bull market and this year, 2009 marks what some say is the second leg or phase of this generational bull market. The first phase which started in 2001 has seen gold climb in price from a low of $270.00 to over $1000.00. That's like 25% plus per year. There are a lot that are predicting gold to go over the $1500 mark in 2010. Back in the 1970's everyday ordinary folks who bought penny mining stocks became multi-millionairs. Just look at some of the returns that were made back then. This is just one reason to own gold and why some of these mining and mineral stocks are going to be a screaming buy...more
Find out what we have on our hot list of hot penny mining stocks. We post a run down every few weeks of active penny stocks that are bullish. Some of these stocks become a featured penny miner...read more
Unlike other stock websites, Pennyminingstocks.com does not have a hot penny stock daily pick. We do not email or spam out hot stock tips to people on mailing lists or otherwise. We also ask that at this time you familiarize yourself with our disclaimer. We do however like to hear from anyone who has what they think is a hot penny stock. We love to get those posted and have them on a watch list.
Stock trading takes both skill and capital. In order to make money, you need money. So the object is to not loose any money. You can learn more by doing research on your won and also going online and chatting with other active traders.
Now, besides the possibilities of making a fortune with the penny mining stocks, you can also loose your shirt. And even your trousers. Timing is everything with these types of stocks. In our section of how to trade, we not only look at historical charts, but discuss some important do's and don'ts.
Have you ever thought about trading gold? I mean REAL gold bullion. Now you can trade gold 24/7 live. If your bullish on gold like us this is a no brainer.
