TFN Reader Grapevine Stock: Take a gander at Czech Republic Resource Corp. (CZHC)
Today's Financial News - Posted August 25, 2009
TFN Grapevine Maven has another one for the books: Central European resource and mining penny share Czech Republic Resource Corp. (PINK:CZHC)
by J. Christoph Amberger
Baltimore, MD — TFN: And one more TFN Reader Grapevine Pick from penny stock maven Charles D.:
“After a discussion today with Stock Charter Group (SCG), I believe that Czech Republic Resource Corp. (PINK:CZHC) is looking to make big changes in the direction of the company and those changes should make the share price on this one fly.
“CZHC is a low-float stock and I think this is a ‘bottom fishing’ opportunity. There are only 2.84 million shares outstanding! CZHC wants to ‘become the most important global player in the central European energy and valuable resources market.’
“Czech Republic is an investment and project management corporation using worldwide sources and experts for exploitation of valuable resources. It has highly experienced management, local sources for exploration, mining and is exploiting global business activities. The business concept is based on current oil and gas leases as well as numerous mines and resource opportunities in Central Europe.
“The company is operating worldwide on several projects. The focus of the projects is on oil and gas production and mining and separation of mineral fuels and metallic ores. I have personally begun accumulating shares in CZHC with a target of just over $1.00.”
The stock was up over 50% today… and goes for $0.109 a share. With an average volume of just over 13,000 shares, this is a true penny stock — with all the appropriate volatility and accompanying risk!
Next Article: Proxy Stock Earnings Alert: “Expect that one to explode when the sales are realized!”
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