Lex Corp Newsletter
posted on
Nov 04, 2010 08:42PM
Edit this title from the Fast Facts Section
Gold and Oil are up big today and Uranium is trending higher. All my readers should be seeing some big gains. Yesterday, I took a position again in Husky Energy-HSE.to. The stock is cheap and pays a nice dividend-.30cent every quarter. I believe it's under appreciated. Earnings came out today and TD gave the stock a buy rating yesterday with 12mth target of $32.00. My entry was $25.28. I have also been increasing my position in the uranium plays that have mentioned last week. Uranium is a longer term play,..but better being early than late. My wife boughtStrateco Resources-RSC yesterday. They have a high grade uranium deposit. I have also been looking at Kiska Metals-KSK. This reminds me of International Tower Hil Mines-ITH.to. KSK is another Alaska gold play which has the Whistler Project that is a multi-million oz. gold deposit and growing. I haven't taken a position yet in KSK. Gammon Gold-GAM was a great buy yesterday at $6.67. This stock has been shorted and shorters are going to have to cover. Watch for news. XRC-Exeter Resources- not much to say, the stock is cheap and it won't be around in 6-12mths from now. Bayfield Ventures-BYV - recovered after the carnage we saw last week. Weak hands must be crying now. BYV is Rainy Rivers-RR.to twin brother. The drilling program will prove it. BYV will the the stock everyone will be talking about in 2011. Alexis Minerals-AMC is firing on all cylinders. The stock could be ready to breakout. Volume has picked up again. Yesterdays news release was positive. Visit the website to read it. Avion Gold-AVR- I mentioned that I had a feeling a breakout is coming. $1.00 is coming soon. The news releases keep impressing me. Oceana Gold-OGC- we saw a buying opportunity yesterday. Under $3.50 was a gift. Should test $4.00 soon. Rio Novo Gold-RN.to - stock has been on fire. I recommended it around $1.55. It hit $2.54 today.
November 4th 2010 "Great Basin Gold-GBG.to -Breaking Out Today" * Gold Shining - Update*