A Likely 10 Bagger Mining Penny Stock
Tuesday 08th of March 2011 02:02:18 AM
I have identified what I believe will be the next 10 Bagger potential mining penny stock. Of course this is not guaranteed at all, it is all about probabilities. But I know a good penny stock chart when I see one ( I have followed penny stocks and technical analysis for at least 10 years) and you just have to look at some previous posts here to see some penny stock picks I have identified. I have picked some mining penny stocks that have returned between 500 to 1000%. In the past I have traded a mere $600 to 70K entirely with penny stocks only and most of the gains were achieved with the use of mining penny stocks.
A good penny stock setup is all about the technical analysis and being in the right sector. Right now the mining penny stock sector is superb and probably one of the best sectors any penny stock trader can focus on.
This mining penny stock in my opinion is deal for accumulating going forward and as indicated in the first paragraph has high odds of being a multi bagger mover, maybe 10 fold or more.
But again this mining penny stock pick is absolutely NOT guaranteed to work out in any way. It all comes down to the ability to read a price chart properly and then make a decision if it is the best penny play out there or not. If it is, then go with it and sit on it for a while and let it evolve. If the analysis was correct then it will evolve correctly, and there will be signs of that. If the analysis was incorrect then one has to know where it turns into a ‘wrong pick’.
I will tell you that I am currently long this penny mining stock and plan to keep adding more as the year progresses.
I was not and am not paid or compensated in any way with regards to this penny mining stock.
Unfortunately I am not going to reveal this penny stock setup in this post. I have some bills to pay and the costs associated with running this site are starting to add up.
However, I am willing to offer the following details on this high potential 10 Bagger Penny Mining stock for $57 with the following details:
- The penny stock symbol
- A two page PDF report (or some more pages, not quite sure of the full length yet) with some charts and textual content explaining my rational for WHY I feel I have found a 10 Bagger Penny Mining Stock.
- One or two more PDF updated reports in the future depending on how things evolve. There will be a special members only section of the site here where you will be able to access these additional reports.
I am hoping I can figure out how to configure this site properly before the end of this week, maybe sooner, so that I can easily offer the above named options for you.
I am working on some technical aspects of the site and need to be sure it is working properly before I can offer this…
Stay tuned…
P.S. Again, this is what I consider to be a high confidence penny mining stock setup. It is not guaranteed and past performance of my picks is not indicative of the same future performance. Do own responsible due diligence.

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