Good Morning Members,
Today we are picking Santo Mining Corp (SANP) as our StockGuru Spotlight for Monday, October 15, 2012.
Our Rationale:
First, the news is strong coming out of SANP:
| 10/12/12 | Santo Mining Corp. Modular Field Office Deployed Near Pueblo Viejo | |
| 10/10/12 | Santo Mining Corp. Continues Its Fast-Track Acquisition of Dominican Gold Claims by Snapping Up Its Fifth Claim “Francesca” | |
| 10/9/12 | Santo Mining Corp Confirms Evidence of Colonial Smelter on Walter Claim | |
| 10/8/12 | Santo Mining Corp Acquires 42.75 Square Kilometer Property in the Heart of Dominican Republic Mining Country | |
| 10/5/12 | Santo Mining Corp Announces Favorable Preliminary Exploration Report for Walter Claim | |
| 10/4/12 | Francisco Vasquez Joins Santo Mining Corp. as Lead Exploration Scout | |
| 10/3/12 | Mendez Joins Santo Mining Corp. as Director |
Second, there is so much buzz among traders in every live chat and on Ihub. They are following this one much more than normal. There is promotion activity that we see as continuing. I see it as a great technical play, but do watch the downside.
Third, gold is slightly down, but should recover. This will likely be a great thing for SANP.
Keep in mind, this is a shorter term play. When you see a reasonable profit take it.
About Santo Mining Corp:
Santo Mining Corporation is an aggressive junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploring of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. A detailed description of the Company’s activities is available at www.SantoMining.com.
Do We Have a Conflict of Interest:
We hold no position.
About The StockGuru Spotlight:
The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement. If you think a company should be featued in the StockGuru Spotlight, please let us know. If you are a key person for a publicly traded company, we can consider your company for either a StockGuru Spotlight or a StockGuru Profile. Please contact our Publisher John Pentony at the [email protected]. You may also telephone John Pentony at (469) 252-3031. Stockguru.com (“SG”) provides its members with the latest news, press releases, and research reports for all the companies highlighted on the site. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed onhttp://www.Stockguru.com or mentioned herein.