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Stocks To Watch

Canadian Penny Stocks to Watch - February 06 to February 10, 2012


Featured Link: Hodgins Auctioneers Inc. (TSX-Venture:HA) is a provider of professional auction services and is renowned for its experienced auctioneers, award-winning promotions, dependable results and commitment to providing the ultimate marketplace for the sale of assets by auction. The auction industry is still thriving in today’s economic climate. Not only is there strong organic growth, but well-marketed web auction sites and national television shows are helping bolster growth through exposure. Hodgins’ system sales are holding a steady course of approximately $40 to $50 million with gross revenue between $3.5 and $4.2 million annually. Net profits are holding margins typically greater than 50 percent. Click here for more info on this exciting Company currently trading under a $1 Million market cap.



Cabo Drilling Corp.
Symbol: CBE
Exchange: TSX-Venture
Industry: Basic Materials
Products: Metals & Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.165 (February 03)

Company Snapshot:

Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining specialty drilling services through its Canadian divisions in Surrey, British Columbia; Montreal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling (Nevada) Inc. of the United States; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; Cabo Drilling Panama-Pacifico Corp. of Panama, Republic of Panama doing business as Cabo Drilling Colombia Corp.; Balkan States Drilling SH.P.K. of Tirana, Albania; and Cabo Drilling (International) Inc.



Encanto Potash Corp.
Symbol: EPO
Exchange: TSX-Venture
Industry: Basic Materials
Products: Metals & Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.305 (February 03)

Company Snapshot:

Encanto Potash Corp. is a TSX Venture Exchange and OTCQX listed Canadian resource company engaged in the exploration and development of potash properties in the Province of Saskatchewan, Canada, the largest producing region for potash in the world. Encanto's flagship Muskowekwan First Nation property has a recent NI 43-101 resource estimate containing 79.1 million tonnes of KCI grading 29.4% in the Indicated resources category along with 60.5 million tonnes grading 29.7% in the Inferred resource category. These resources, based on the solution mining method, may be increased substantially with the addition of the Treaty Land Entitlement acreage. A Preliminary Economic Assessment (PEA), based solely on the Indicated Resource estimate, was released in August of 2011 and a further release of an expanded NI 43-101 compliant resource estimate is scheduled in 2012.


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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