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Canadian Penny Stocks to Watch - April 14 to April 18, 2008

 

Helio Resource Corp.
Symbol: HRC
Exchange: TSX Venture
Industry: Junior Natural Resources
Products: Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price $0.96 (April 11)

Company Snapshot:

Helio Resource Corp. is a dynamic, technically-driven mineral exploration company, focused on high-quality project generation in southern Africa. Helio is actively exploring 27 prospective gold, base-metal and diamond properties in Namibia, Botswana, Mozambique and Tanzania. The main focus for the Company is the development of the SMP gold project in Tanzania. As part of its strategic approach to project development, Helio has optioned 17 of its Namibian licences to Desert Minerals (UK) Ltd. (nine licences) and TransAfrican Minerals Limited (eight licences). Helio continues to pursue joint venture partners for its other projects in Namibia, Botswana and Mozambique.



Hudson Resources Inc.
Symbol: HUD
Exchange: TSX Venture
Industry: Junior Natural Resources
Products: Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.47 (April 11)

Company Snapshot:

Hudson Resources is focused on diamond exploration in West Greenland. The company has a direct 100% interest in over 1,000 sq. km. in the Sarfartoq region, near Kangerlussuaq, Greenland. It has a further 80% interest in an additional 750 sq. km. via a joint venture with New Millennium Resources NL.


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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