StockGuru Spotlights June 28, 2010
StockGuru Spotlight June 28, 2010
PPWE, JDOG, RGUS, MGOI, SNGX, DTRO GEVI
Dear Members,
When you trade the StockGuru way you look for news that moves a Company’s share value upward. That’s what we bring you every day. Some of these stocks make astounding moves in a very short period of time.
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We have had some incredible movers recently and many of these have newer highs to make. Some will be made today.
StockGuru Spotlight Pick Closer Look RBYC
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| StockGuru Pick Date | Press Release | Announcement | Us As Much As |
| June 2, 2010 | USMN | USMN | 196% |
| June 22, 2010 | PROP | PROP | 56% |
| May 27, 2010 | TOVC | TOVC | 60% |
| June 8, 2010 | SITO | SITO | 73% |
| June 8, 2010 | CABN | CABN | 44% |
| June 15, 2010 | ABHD | ABHD | 42% |
| June 16, 2010 | EENI | EENI | 37% |
| June 3, 2010 | CPAH | CPAH | 37% |
| June 15, 2010 | VCSY | VCSY | 31% |
| June 11, 2010 | VLCO | VLCO | 22% |
| May 26, 2010 | AHOM | AHOM | 27% |
| June 16, 2010 |
WNDG | WNDT | 42% |
| June 7, 2010 | SFES | SFES | 30% |
| June 9, 2010 | BNLB | BNLB | 21% |
| June 22, 2010 | PROP | PROP | 56% |
| May 26. 2010 |
FSWS | FSWA | 100% |
| June 7, 2010 | NVNC | NVNC | 100% |
| June 23, 2010 | SKGP | SKGP | 50% |
| June 23, 2010 | SPIN | SPIN | 27% |
| June 1, 2010 | CTIG | CTIG | 33% |
| June 23, 2010 | VIZS | VIZS | 16% |
| June 11, 2010 | VLCO | VLCO | 40% |
StockGuru Closer Look RBYC
Tanzania : Douglas Lake Signs Agreement For The Entire Mkuvia Gold Project
Hear June 22, 2010 Conference Call
Jun 18, 2010 An additional Purchase Agreement was signed with Ruby Creek Resources, Inc for the remaining 255 square kilometers of the Mkuvia Alluvial Gold Project in Tanzania.You may hear a conference call discussing this project:
Robert Slavik, President and CEO of Ruby Creek Resources and Myron Landin, Chief Financial Officer can be heard on a Conference Call: by dialing 877-660-6853 from the U.S. or 201-612-7415 for international callers, Acct# 273; Replay ID# 352617 for a period of two weeks after the call made on July 22, 2010.
The Mkuvia Alluvial Gold Project is located in the Liwale and Nachingwea Districts, Lindi Region of the United Republic of Tanzania. The Project is the subject of a report titled the “Technical & Resource Report on the Mkuvia Gold Project”, prepared by Laurence Stephenson, P.Eng. of British Columbia, Canada and Ross McMaster, MAusIMM of Queensland, Australia. Mr. Stephenson and Mr. McMaster are independent and Qualified Persons (“Q.P.s”) in accordance with JORC and NI 43-101.
This new agreement, along with the November 7, 2009 agreement with Ruby Creek, covers the entire 380 square kilometer area held by the Company. Under the terms of the new agreement, Ruby Creek will make payments totaling $6 million in a combination of cash and common shares over the next three years for the exclusive mineral and mining rights of the remaining 255 square kilometers. Along with the payments due under the November 9, 2009 agreement, this will bring a total commitment of $9 million due to the Company from Ruby Creek for the exclusive rights to the entire Mkuvia Project. This source of financing continues to solidify our working relationship with Ruby Creek and has the added bonus of being non-dilutive to our shareholders.
The Mkuvia Project will be operating through Ruby Creek Resources (Tanzania) Limited, the joint venture company established by the Company and its joint venture partners. The Company owns 25% of this newly established company, with Ruby Creek and Mr. Mkuvia Maita holding the remaining 70% and 5%, respectively. The Joint Venture Company has been registered with the Tanzanian Ministry of Energy and Minerals, and we proceeding with filings for governmental approvals and permits, as well as environmental and mining licenses, to commence full scale mining operations.
Harp Sangha, CEO of Douglas Lake Minerals Inc., stated “This agreement with Ruby Creek represents a positive step forward in developing the Mkuvia Project in its entirety. We are very pleased to have such a strong and dedicated team from Ruby Creek working on this project with us. This allows us to allocate our time and resources on our hard rock properties in the Morogoro Region and the Handeni District. We have been extremely encouraged with the grades recovered by Canaco Resources /quotes/comstock/11v!can (CA:CAN 0.95, +0.07, +7.95%) from their diamond drill results in the Handeni District given two of our 100% owned properties are contiguous to the north and to the west of Canaco’s New Killindi property.”
StockGuru Press Release – RBYC StockGuru Announcement – RBYC
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We do not yet send out Spotlight Alerts by email, in an attempt to give your email box a break. Spotlights occur several times weekly, and are released ONLY when we see a valid reason. Occasionally, our Spotlights are compensated picks, but an editorial decision is made as to whether the situation qualifies as a market sensitive pick.
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