Ummm...I'm intersted in a 20-bagger.

It's Pediment Exploration!

I'm interested - bring it on!

I'll bet it's Roxmark (RMK), yes?

And I thought the newsletter editors were the worst teases....
whatchagot 10bagger?

Anybody start their due diligence yet? I bet you most expected some stock others have talked about. Well that's not where you make the most money. Often people buy when the stock has had a good rise or has risen too much and you buy the stock and it slides.

The last time management of a company told me they thought their stock would be worth 10$ a share within a couple of years or so was Gold Eagle before its name change and its merger with Exall. I bought both and made a huge profit. Last year when GPG bought its first property, the Merry Widow, I bought the shares at 15 ¢ and sold them all a few months later at 60¢. It went to 80¢. I kept hoping they would go down. It took a while. I feel the worse that can happen now is you double your money within a couple of months or so unless of course the markets crash along with commodities.Of course I expect it to do a lot better than that or I wouldn't have bought it. November is a month where funds dump a lot of their juniors. Others of course buy. You might get the stock below .23 but I doubt it because a lot of people swipe it up when it gets down there. I've been trying for a couple of weeks and never could get any so I bought 25 thousand yesterday at .255 cents. What difference does a cent or two make if you are counting on doubling or more. I will keep a bid for the whole month of November at .20 or so just in case some funds or brokers unload.But I have a sneaking feeling that we'll see some action and a price rise in the next week or so. Timing is everything. Last week I bought Astral at 40 cents.(AST.V) This week it rose to 60 cents. It's going to a buck in the near future. I wish I could buy a hell of a lot more and would in the 50 cent area if it corrects on a down day. But the stock is fairly tight.

I don't know how or when people decide to buy such and such a stock. To make a lot of money you have to buy early, before the crowd gets in. And then sell a bit on a good rise and keep the rest for a few years. Eventually you'll get very wealthy. In any case, buying is not the real problem, selling is. How much do you sell and when. There are a lot of good companies out there. There are a lot I like. IMake sure they have money in the till for at least a year so they can get on with their exploration. If we get a crash companies with money will continue to show results and that will keep them afloat or help them rise.
Bootom line: I like GPG but don't think I 'm pushing it on you. DO your own research and decide for yourself. Don't let anyone decide for you. I've bought a couple of other oil companies with huge potential and I bought this week a small position in NGX (Northgate) because of the mine and the company they just bought. And started to accumulate ATW because it too bought a miine and a company in Australia like NGX. I paid .74 cents. just to get some and will accumulate more if it doesn't rise too fast in the weeks to come. Nobody seems to be aware of the story so I guess some Investor Relations company will write it up in the not too distant future.

And if you would be satisfied with a 60% to 100% on a stock within the next 2-3 weeks (I'm supposing all the news will be out by then) and don't want to spend a lot of money try CPV. (Copper CReek) They drilled 2 natural gas wells, will come out with the results shortly, they plan on doing some more immediately after these are finished. They can do up to 24 wells in their field. The stock trades around .10 cents. I expect it to go to .18-.19 cents. Downside is limited...and with all the wells planned, they will eventually have a nice play.
I do hope some of you make some money off of the stuff I'm giving you. I plan to have my own website sometime down the road and it won't be free.

Hmmm... nice! The first thing I looked at was their financials just to get a rough idea of where they stood. From their qtr June 2007 interim filings I see $6,461,127.00 CASH on hand with total weighted assets amounting to $11,775,310.00. Their liabilities amount to $311,000.00 leaving a net of $11,464,009.00. What is solid at very first glance for me about this is that WORKING CAPITAL ALONE their shares would trade at $0.19 roughly. That does NOT factor in their potential resources. Basically if you can buy a stock on working capital alone you are getting a companies assets for FREE!

How did you find this 10bagger??? I don't expect you to give away your trade secrets but this is a NICE find. I will do more digging later, but the financial position alone of this company with MINIMAL if any debt is hard to find among junior companies! WOW!

By the way Simmons, on which of the above companies mentioned have you done your research so far?

I am in Canada and I buy online. Maybe if you want to deal with Canadaina stocks, you should transfer some money to a Canadian bank and use their online brokerage department. I pay 6.95 per transaction and believe me that is a world of a difference from what I used to pay.
I know you were talking about GPG's finances. Nobody seems to look at this stuff. But I thought maybe you had time to look at some of the other stuff. Like CPV for example. I think there is a fast 80% profit here (within 2-3 weeks) (Then you can sell half and keep the rest almost free while they drill another 22 wells) I don't recall their financial reports being very good but I like their drilling deal. Phone Bing Young the CEO at 1(604) 662-3004 before 12 o'clock BC time ( 9 o'clock eastern standard time) (don't Email him-phone him) you'll get a charge out of him...a good laugh maybe and you' ll learn something from him.
There is also PSH. I bought more this week at .12 cents. I think the gamble is worth it. If they hit just half that they are hoping for we have a 50 cent stock. The stock was down yesterday and today around 10,5 cents and 11 cents. I might bid for more at these prices on Monday.
GPG is a short term double. The way I see it , it should be a 5 bagger within a few months, a 10bagger by next fall and a year after that a 20 bagger. Management seems to want to push ahead with their mine by partnering up with a major.
Lots of luck to you.

Good work simmonr and 10 B.. Thanks again.

Are you still thinking that GPG is a 20 bagger?

Do you expect better news than the one of this morning?

I got in at .235 and am holding for Long. I do not care if it droppes to 0.15 because I will by more for sure!

Good luck to all!

dchanko, don't get too excited here! :-) The volume on this stock over the OTC is VERY low. average 1,650 volume over the last 10 days. It looks like ONE trade went through on the pinksheets for this stock which pushed it to $0.11. Another trade could push it right back down if there is someone willing to sell and can make a gain selling $0.08. You get the point I hope. Thinly traded stocks can move large one way or the other on low volume. I suspect someone bought in on this stock based on 10baggers mention of it that is why the jump yesterday. I think only 10,000 in volume yesterday for copper creek.

If this stock made the same gains on say 1,000,000 Million volume, then that would be something to get excited about because MANY people are wanting the stock for some reason. Well you get the point. Actually on the TSX the stock was down -0.005 cents per share but volume is much larger the last I checked. Don't know what it closed at. I still have not had a chance to research this stock but I will.

Does this have a PK ticker?

I was looking for a Canadian broker and found TradeFreedom. It seems to have a flat $9.95 rate for trades. Does anyone use them or have a recommendation for a better online broker?
Thanks

Thanks Simmonr, was a well written explanation on the hazards of OTC , and no worries did not get excited enough to actaully open my wallet for that one , but certainly will be keeping an eye on CKVLF in the next few weeks/months.

10 Bagger, It looks like this is another good pick, nice catch on this stock. You obviously know how to find the diamonds in the rough. I've been tracking Montello for quite a while since you recommended it, and I am pretty amazed that it never took off. It had a lot of potential. But given this market and the inevitable bear on the horizon, I think too many people are steering clear of these microcap stocks when they should actually be focusing on them. Like Simonr said, this company has no debt, which is pretty amazing for their size. My only concern is that the same type of apathy that has affected Montello will affect this one. It's well worth buying a few thousand shares for the potential gains. Do you still feel this one will take off, even with people dumping all their other stocks in anticipation of the bear?

Simonr, thank you for the very detailed response. I agree with you on Grand Portage and will probably make a small investement. I think a few hundred bucks is a very minimal risk for the potential. It's good to have guys like you and 10bagger on here. I'm still learning how to poke though financials and look for the truly important stuff. So your opinions are great in helping me to know what to look for with my DD. Thanks, again.

Got an advice question - as you all probably have, I've tried a few of the hyped stocks that this forum busts. I figured out a few on my own in the past, bought in, should have sold, and am now left holding stocks that dropped big-time . . . :( Having been relatively unsuccessful on my own, I'm looking for some suggestions from the group. Just curious, what are the average gains u guys have made over a couple year period? And, any recommendations for a starter portfolio of say around $2,000? Would appreciate any advice, and am enjoying reading all of the knowledge shared on these forums. By the way, just out of curiosity, what is a 10 or 20 bagger?

Hi slorimer,

I am not too confortable giving specific investment advice given that I don't know your specfic circumstances and how confortable you are with risk.

If you are going to actively trade stocks, instead of buying index funds or ETF's, then my best advice is that you read and inform yourself. For instance read Buffets letters to his share holders or Marty Friedman's of Third Avenue Capital. For books read The Intelligent Investor by Benjamin Graham with commentary by Jason Zweig and Fire Your Stock Analyst! by Harry Domash. These 2 books should give you a solid foundation so that you can value companies yourself and decide weather the hype you read on the internet is justified.

Keep up to date with the news. Barrons has quite a bit of its magazine now posted on thier web site for free. The WSJ is about to become free online as well. Keep a level head and don't let the hype sway you to much.

Hi Stock lord.
I haven't changed anything in my GPG, CPV and PSH holdings. GPG I will hold and buy more if it goes down. You saw there was a lot of interest in this stock after last announcement. We should be getting news for the other 2 soon. It doesn't mean I'm not shitting in my pants for the general market. If the markets decide to crash from now till end of Dec and beyond, we'll all lose money, at least on paper. I went against my good judgment and continued to buy stuff when I should have held off to see where this market is going. Like I said a few weeks back, there is a greater chance for the market to go down than go up. I also kept buying AZA which I feel (just a gut feeling based on where they are drilling) will hit oil. GPE, in which I have a big position seems to have come up empty on their first oil well in Argentina and lost 30% of its value in a week. I bought more but don't know if that is smart. Hoping their survey will be good for one of their wells on that property.

10-bagger
Looked thru Grande Portage. They seem to have gone thru a couple of rounds of broker-led financings, hence probably the cash on hand & low debt (simmonr comment). Good management, or dilution?
My question is : they are still in the exploration stage - how long does it take a typical mining company to get hope/aspiration into decent production (which is where your 20-bagger vision comes to fruition, or is it?) - 5 years? 10 years? From what I understand, this is why O&G plays have an advantage : guess - drill - hook up & away you go (collecting as you pass go). If it takes 5 - 10 years to get upto sizable production, arent you at the mercy of metal prices over the real long term?

10bagger, you know anything about Horizon, up almost 50% so far today on light volume? I can't find any evidence of why. Maybe someone got duped in a trade.

I contacted the CEO of GPG (Grand Portage) to find out why he thought the stock has been misbehaving in the past week or so. He says it is nothing else but tax-loss selling. He really believes the stock should be going back up in the days and weeks ahead. I bought a bit more today at these prices. This is not a suggestion to buy. I'm just stating a fact. Don't forget I bought most of my position around 25 and a half cents and if I liked it then, I should like it more at these prices. But that is just me. Some people never buy a stock that is going down.
Do your due diligence and don't buy just because I'm writing about it. Yesterday's post from Grandich was encouraging for a stock like GPG because he thinks copper will go down maybe to $2.50 a pound next year and then later he expects it to go to $4. after the correction and the slow-down is over. But even at $2.50 a pound, I can't see a company not making a handsome profit.
I will be posting something else on this company tomorrow probably after I get the CEO's approval. Stay tuned and don't get discouraged.

hey 10-bagger

great report back from the ceo. 1. timing lines up with what I have found from other sources, if the environmental work has already been started. 2. Typically, dont do env work, unless there is something to unearth - so company thinks it has something.3. ceo's last answer was very positive, "treasure - trove??"

so, imho, grin and bear it if you are already in the stoc, do your DD if not in.

On another note 10-bagger, boy you are touchy today (or whenever you penned the post). Nothing in life is a sure think - keep the ideas flowing - you are not holding a gun to anybody's head to buy (or seel)

Krishna

Thanks Krishna and dchanko for feedback.
I don't think I am being overly touchy. It's just that I always feel bad to know someone lost money on the markets and it's worse if it happens after I mention a stock. People have to remember that they don't have to put all their eggs or at least more than they should into any one stock no matter how good and promising it is. There will always be others, and eventually one of them is going to hit it big but no-one is sure which one or when. So one should diversify and invest small pockets here and others there and take some of the money off the table when their is a profit and not keep buying on the way up unless they are sure-very sure that more excellent news is on the way. And there is a time to lighten up before a stock tanks. One must use judgment. If things don't seem to be doing what they should lighten up. Better to make less but lose less than the opposite. So, in future, I'll simply mention a stock and give a reason or two for conducting a due diligence on it. This way, people will probably be more careful. Grandich just came out today with his opinion that the markets might lose 10-15% or more in the first quarter of 2008. I have a feeling he may be very right. So be careful all of you.
Season grettings to all and especially to the Gumshoe who has built such an interesting site and works steadily at sleuthing so many msyterious companies.