| Canadian Penny Stocks
to Watch - December
29, 2008 to
January 2, 2009
New Millennium Capital Corp.
Symbol: NML
Exchange: TSX-Venture
Industry: Junior Natural
Resources
Products: Mining
Company Website:
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Company Info:
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Quote and News:
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Profiled Price $0.20 (December
24)
Company Snapshot:
New Millennium holds a 100% interest in the KeMag Property
(Quebec) and an 80% interest in the LabMag Property
(Newfoundland and Labrador). Both properties are located
within the Millennium Iron Range, the centre of which is
located approximately 230 km north of Labrador City, NL and 40
km northwest of Schefferville, QC. The Company also has a 100%
interest in 271 DSO claims and an 80% interest in 35 DSO
claims in Quebec and Labrador that contain, based on
historical estimates that are not in compliance with NI
43-101, in excess of 100 million tons of direct shipping
quality ore.
Candax Energy Inc.
Symbol: CAX
Exchange: TSX
Industry: Oil & Gas
Products: Oil & Gas Producers
Company Website:
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Company Info:
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Quote and News:
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Profiled Price: $0.10 (December
24)
Company Snapshot:
A Toronto-based oil and natural gas company engaged in the
exploration for, and the acquisition, development and
production of natural gas and crude oil, with emphasis on the
Middle East and North Africa.
Note:
The weekly stocks to watch are selected by a number of
criteria. The weekly stocks to watch should not be construed
as stock picks. Stocks to watch companies are companies that
should be watched because of significant happenings in the
company or their stock price. Momentum, important or
significant financials and news releases, strong technical
analysis indicators, unusual volume or stock price increases
as well as other criteria are some of the criteria we look at
when selecting our weekly stocks to watch.
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