My profile from last week, EDW - Edgewater Exploration has been performing stunningly!
hit a high of $0.74 yesterday representing an increase of 48% from the $0.50 level that I profiled it at.
We're seeing some profit taking today (and rightly so)... stock is back in the $0.63-67 range.
In my opinion, this thing is just getting started... pleeeease research this company:
www.edgewaterx.com
Friday, October 28, 2011
Thursday, October 20, 2011
NEW PICK! Edgewater Exploration (TSX.V - EDW) - Can you say UNDERVALUED??
I've been following Edgewater Exploration (TSX.V - EDW) for a while now and have been absolutely astonished by how low the stock has traded recently - $0.50 close today, down 60% from its year high of $1.40
View Stock info here
Why I like this deal:
1) $10,000,000 in cash
2) Resource Estimated M&I 325,000 oz of Gold and 1,149,000 Inferred* View Fact Sheet
3) Blue sky potential from Ghana property, with Kinross as a large player in the area already having a sizeable investment in EDW - View Detail
4) Drill program under way with results expected soon
5) Only approx 62,000,000 Net Shares Outstanding giving this a Market Cap of only $33million?!?
So with all this Cash, Resource and Blue sky upside, you'd expect this deal to be trading $1.00+ right?? WRONG...
In my opinion, this company is poised to be discovered by the masses at any point, and has all the makings of a huge winner.
As always, please do your own research, read my disclaimer at the bottom on the page, and let me know what you think!!!
Happy trading
View Stock info here
Why I like this deal:
1) $10,000,000 in cash
2) Resource Estimated M&I 325,000 oz of Gold and 1,149,000 Inferred* View Fact Sheet
3) Blue sky potential from Ghana property, with Kinross as a large player in the area already having a sizeable investment in EDW - View Detail
4) Drill program under way with results expected soon
5) Only approx 62,000,000 Net Shares Outstanding giving this a Market Cap of only $33million?!?
So with all this Cash, Resource and Blue sky upside, you'd expect this deal to be trading $1.00+ right?? WRONG...
In my opinion, this company is poised to be discovered by the masses at any point, and has all the makings of a huge winner.
As always, please do your own research, read my disclaimer at the bottom on the page, and let me know what you think!!!
Happy trading
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