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Canadian Penny Stocks to Watch - July 23 to July 27, 2007

 

Trelawney Resources Inc.
Symbol: TRR
Exchange: TSX Venture
Industry: Junior Natural Resources
Products: Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Interesting Details: N/A
Profiled Price $0.115 (July 20)

Company Snapshot:

Trelawney Resources Inc, formerly Terex Resources Inc., is focusing its gold exploration efforts in the mining friendly Province of Ontario in Canada. The company is the largest land holder in the entire mining camp with approximately 21,000 acres now under its control. The Company’s neighbour, gold producing Wesdome Gold Mines Ltd (WDO-TSX) holds approximately 16,000 acres. Trelawney has assembled the largest land package in this area since the Hemlo staking rush in the 1980s. The consolidated property contains over 48 known gold occurrences attesting to the potential of the Mishibishu greenstone belt.



Murgor Resources Inc.
Symbol: MUG
Exchange: TSX Venture
Industry: Junior Natural Resources
Products: Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Interesting Details: N/A
Profiled Price: $0.22 (July 20)

Company Snapshot:

Murgor Resources Inc. is a Canadian mineral exploration and development company engaged in the exploration for economic precious and base metal deposits. Murgor’s management team is dedicated to increasing shareholder value by acquiring low cost prospective gold and base metal properties in favourable geologic environments and progressively moving them to advanced exploration levels and beyond. This value-added progression is achieved through the innovative use of proven and cost efficient exploration technologies. Murgor is actively exploring several highly prospective gold and Cu-Ni-PGE properties at various stages of exploration in Quebec, Ontario and New Brunswick. Murgor’s main assets include a 100% stake in the Barry Gold Deposit (Inferred Resources of 610,000 tons @ 0.2 oz/t Au) and a 50% stake in the Pusticamica Gold Deposit (Inferred Reserves of 531,000 tons @ 0.16 oz/t Au and 0.27% Cu). With existing high-potential exploration projects, a sound project acquisition strategy and a management team with a proven track record of discoveries, Murgor Resources is poised to become one of Canada’s emerging junior mining exploration and development companies.


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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