Listed in Penny Stocks, Stock Picks, StockGuru.com, Day Trading, Best Stocks(EMAILWIRE.COM, May 02, 2011 ) Carson City, NV– Since 2002, gold prices have risen 308% and is breaking records this year. Gold has broken the $1500 barrier as rising inflation, currency devaluation and the spreading debt crisis spur gold’s demand as a safe haven investment. Spartan Gold Ltd. (OTCBB: SPAG) represents a shinning opportunity for investors to play the gold bull market. With concessions located in the world renown Carlin-Rain and Round Mountain-Northumberland Gold Trends in Northeast Nevada, the Company has secured contractual options for the ownership of exploration and mineral rights in two distinct regional concessions: The Poker Flats and Ziggurat Gold Properties. Both of which are located in close proximity to pre-existing mining operations, owned and operated by some of the industry’s most prolific Companies. Due to the active and successful mining operations in this region, an excellent infrastructure is in place, from both the standpoints of mining and transportation.
Stocks to Watch: Spartan Gold Ltd. (OTCBB: SPAG), Lifevantage Corporation (OCTBB: LFVN), NETGEAR, Inc. (NASDAQ: NTGR), Orofino Gold Corp. (PINKSHEETS: ORFG), Key Energy Services, Inc. (NYSE: KEG), Monolithic Power Systems, Inc. (NASDAQ: MPWR)
Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.
The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.