Top 3 Gold Stocks

Creso Exploration(CXT.V)
SP.............. $0.70
Added @....$0.31
Gain............$0.39 +125.80%

They are drilling the Minto project which is estimated to contain 205,000 tons @ 0.2 oz/t up to 200 meter depth. Last year drilled 2 holes totaling 560 meters with the 2nd hole returning 65.7 meters grading 18.2 g/t gold and 79.6 meters grading 4.6 g/t gold. 2010's 5,000m drill program started with the deepening of the first 2 holes and recently announced wide zones of mineralization including 4 separate sections of VISIBLE GOLD. What is most exciting about this discovery is that the mineralization appears below the known resource level, meaning that it is an entirely new gold zone.


Premium Exploration(PEM.V)
SP.............. $0.49
Added @....$0.38
Gain............$0.11 +28.95%

Premium Exploration announced results from the first 3 drill holes of 2010 program that was initially designed to follow up last years late season discovery of the 'Lower Block'. Results included 1.84 g/t gold over 274.9 meters and 2.23 g/t gold over 157.9 meters. Premium has significantly increased the strike length of the 'Lower Block' which has the potential to be much more significant than the 500,000 oz upper block. With 10,000 meters of drilling to come this summer it is PEM's time to shine in the spotlight. A successful summer drill program will almost certainly bring about a buyout for Premium Exploration.

Fire River Gold(FAU.V)
SP.............. $0.65
Added @....$0.37
Gain............$0.28 +75.68%

Fire River Gold's Fort Nixon project is truly one of the last high grade deposits in the world. At over an ounce a ton, and $100M of infrastructure, the Fort Nixon mine is a turn key operation waiting for the i's to be dotted and t's to be crossed. Once a resource is delineated and the mine is cleaned up, it is ready to be fast-tracked into production. FAU released some amazing results from a drill program of a previous operator that caused a real stir in the market that doubled FAU's share price. So much so that the PP they offered was oversubscribed... double!!! They increased the PP from 5.5M shares to 11M and bumped the drill program up from 12,000 meters to an aggressive 28,000 meter drill program to delineate a high grade multi-million ounce mine. Results from Fort Nixon include...

• 67 g/t au over 6.3 meters
• 498 g/t au over 3.0 meters
• 27 g/t au over 24 meters

Premium Exploration... A Must Have Gold Stock

It seems fitting as a tribute to the sudden passing of Premium Exploration's CEO Wilf Struck in a motorcycle accident that the news a week ago announcing stellar results from the first 3 holes of 2010 as a company maker and confirmation of a discovery of what could be a multi-million oz gold deposit and new zone called teh 'Lower Block'. There was no bigger believer in Friday-Petsite than Wilf Struck and after a somewhat disappointing 2009 campaign there were some doubters in this highly touted Gold property in Idaho, but not now as Wilf and his claims about Friday-Petsite are vindicated.

It is just too bad he won't be around to enjoy the success that will come as PEM implements a 10,000 meter drill program to delineate new high grade zone which has the potential to more than triple the known resource of 531k oz of gold.

So far this campaign has increased the the strike length of the newly discovered lower block from 100m to 300m. The total strike length of the upper block is 350m.

Now when you compare intervals of last years results of the Upper Block of...

1.20 g/t gold over 76.05 meters, including 3.76 g/t gold over 10.52 meters as well as 1.13 g/t gold over 42.67 meters, including 7.73 g/t gold over 4.57 meters.

compared with results of 5.74 g/t over 76 meters and 2.23 g/t over 158 meters that is a rating of 140 vs. 352 and 436... Now so far both blocks are approximately the same strike length so with values like that it is easy to see how a 531k oz gold deposit becomes a 2M oz gold deposit over night. This deposit is still open along strike and down dip and with 10,000 meters of drill core to come I am expecting some more exciting results from Premium Exploration and a steady increase in share price with continued success, almost certainly a takeout as there are not too many made in 'America' deposits around. They are few and far between, certainly outside of Nevada, and even in Nevada the miners are refining the lower grade material.

Premium Exploration is a must have stock.

The Next LSG?

Creso Exploration, continues to be in short demand as the share price has moved up another .10 today in the first hour to a peak of .79. If the trading yesterday and today is any indication of what is to come, CXT shares looks to be on the move in a big way and looks like CXT will be the next penny stock to shoot to gold mining stardom in the Timmins area.

I am excited about Creso because they have discovered an entirely new gold zone underneath the exciting discovery they already made this year.

When the began trading at the beginning of June they announced they discovered 65.7 meters grading 18.2 g/t au and 79.6 meters grading 4.61 g/t au. IN ONE HOLE!!!

65.7 meters grading 18.2 g/t au is the best intersection any gold explorer has pulled from the ground this year!!! You add the 2 intersections together from surface to 212 meters and you have a massive intersection with a value of over 1500 points on the rating scale.

With this high grade discovery being near surface it is a no brainer, and now they have hit an entirely NEW ZONE about 100m wide underneath it all which should assay at least 3 -5 g/t and not only that but in 4 separate sections they encountered VISIBLE GOLD. Creso is sitting on a huge deposit in Minto that is just waiting to be drilled out.

CXT has already paid out big with a 141% return since adding it the portfolio.

Good Luck!

Creso Exploration Breaking Out to Close at all time Highs

I have talked about Creso Exploration since they first day it came on the market and from the way its trading today on high volume it looks like the results from the first couple holes should be very intriguing. Creso is one of my top picks for gold explorers this summer along side PEM and FAU and and all early indications is that Creso could be the next LSG, WTM, or SAS in the Timmins minings district.

The last nr indicated that upcoming assays should be very long and continuous intervals of mineralization around 3 - 5 g/t au. If this is the case and assays do not disappoint this represents a significant discovery of a large and entirely new zone.

I am anxiously awaiting results and Creso looks like it is about to explode to the upside. Imminent material revaluation is about to happen to Creso.

CRESO IS A HUGE BUY!!! Since LSG huge discovery the theory is to just drill deeper and it seems that all that are... are coming up with significant economical amounts of gold.

Happy Trading :)

NTR grabs samples as high as 140oz/t!!!

Yes I said 140oz's not grams!!!

Northern Tiger made headlines today offering up some unreal grab samples. Samples like this are unheard of averaging 51 oz/t. Averaging!!! Highest grade sample graded 140oz/t!!!

NTR is certainly worth a look as they will be following up on this exciting discovery vein. It certainly generated a lot of excitement in the market as NTR closed up 33% to .26 on 3M+ volume and will be breaking out at all time highs above .30. Could be a great momentum play for now but being grab samples, as well as the course nature of the gold making the nugget effect obvious, only drilling will tell what really is underneath. But where there is lots gold on surface, it bodes well for what is underneath.

It is still headline grabbing nonetheless as I rarely drool over grab samples. Northern Tiger is in the right place in mining friendly Yukon where others have made big discoveries such as Underworld and now it appears Kaminak. So the attention and spotlight is strongly focused on this area. I wouldn't bet the farm on grab samples but definitely worth the risk.

Stay tuned to this story...

Read news and results from grab samples here

Embry and Sprott give SAS a vote of confidence.

SAS is the next LSG in the Timmins mining district. Hands down. I think so,and so does Embry, or he wouldn't be putting $6M of his clients money into it...

Click here for News Release

John Embry and Sprott Asset Management have bought $6M in SAS.TO at $1.25. This is a huge vote of confidence for Saint Andrews Goldfields as Sprott is reknown for sniffing out quality gold stocks early. What is great about this is that current market price for SAS is $1.20 so the retail guy can get in on SAS at the same levels as major institutions and funds.

In my opinion SAS is a must have for the portfolio at these prices and if Embry is in it. I have no problem closing me eyes and jumping in headfirst! Also with Sprott buying big it will only bode well for others drilling in the district like CXT.V.

SAS drilled last year but didn't make the major discovery until this year hitting an interval of 80.3 meters grading 5.83 g/t gold and 101.7 meters grading 4.4 g/t au which is excellent with overall values of the holes similar to discoveries such as PEM, DEC, CXT and FAU.

This are holes from the first phase of drilling...

Hole Number	From	To	Metres	(g/t) au
550-652	238.5	244.5	6.0	3.75
550-653	354.9	356.5	1.6	4.70
550-654	244.0	324.3	80.3	5.83
including	293.0	324.3	31.3	8.84
550-655	400.5	407.9	7.4	2.89
550-656	417.7	425.5	7.8	2.62
550-657	339.7	346.1	6.4	5.18
including	342.1	344.2	2.1	11.07

Click here to view all of SAS news releases.

PEM.V Time to Buy is Now

Today's sell-off at yesterday's gap was weak and anemic, with volume still under 1M and less than half hour to go. I would probably pick some up here at .45 and then again at .40 if it gets there early next week. All 3 holes were great and it bodes well for the rest of the 2010 drill campaign. With already 600k oz's inferred and now this new material discovery it looks like PEM may have a 3 - 5M oz deposit on hand which would put PEM at well above the current price which would make them a prime takeover target. Underworld got takeout was takeout by Kinross with holes nothing this good although it is early and they drilled over 100 holes in Golden Saddle in the Yukon.

This new discovery makes PEM a must have stock for the portfolio giving PEM a lot of momentum for the coming months. A buy between .40 and the current price of .45 will certainly reward the investor in the future. If they can continue to grow this deposit along strike and at depth at these grades and lengths... Premium SP will be at a premium in the future. I cannot stress how good these results.


Highlights Include:
PFR2010-1: 0.98 g/t gold over 203.0 meters including
2.61 g/t gold over 21.03 meters

PFR2010-2: 1.84 g/t gold over 274.9 meters including
5.74 g/t gold over 76.2 meters including
22.18 g/t gold over 14.94 meters

PFR2010-3: 2.23 g/t gold over 157.9 meters including
3.65 g/t gold over 74.37 meters

To give you an idea of how good this is...

my ratings...

198.94
505.82
352.12

for an average value of 352.29... Now on my excel spreadsheet I have all UW holes recorded and averaged out for Golden Saddle at about 90 per hole. I don't expect all holes to be this impressive but PEM is averaging 352 which is almost 4 times higher in value. Not than you can extrapolate average rating on Market Cap and SP because there are so many other factors that go into building a mine, but it gives you an overall idea of the potential of a project.


PEM is a strong buy. It is in my top 3 picks along with CXT.V and FAU.V.



P.S. Help change the way internet marketing pays for adspace. In any other advertising medium the client pays for the spot, not the interest generated. In internet advertising the person supply the adspace only generates revenue on a per click basis. Given that most information is relayed effectively without giving the audience incentive to click this is in my opinion a one sided pay stream towards the advertising provider collecting revenue from clients and giving very little to those providing the audience and the point of sale. If you like my blog, please support my cause to take a $$$million$$$ bucks from Google through having my readership click the adds on a daily basis. I am generating enough traffic to get significant revenue per click so feel free to scroll through the adds. Some are actually interesting and are promos for mining companies that are about to do a run.


Happy Trading :)

Prophecy Resources... a Coal Stock that is gonna ROCK!

I have been looking around for a good coal stock and thought Prophecy had left me by, but it has come back to a reasonable share price after its meteoric run. Everything about Prophecy say that this will be big winner in the future. Coal stocks are volatile and when they run they run huge, just look at stocks like GXS, WTN, GCE, and PCY's previous run last winter that went from .045 to $1.19. The run was definitely overheated and has sold off in a flag pattern to the 200MA where it is holding very strong. Prophecy holds coal properties in Mongolia and this is certainly going to be of interest to the Chinese as a prospective buyout being so close in Mongolia.

This company has a large following with Doug Casey, North Miner and Brien Lundin all giving them coverage and they also have the renowned Rob McEwen on the advisory board. At .50 the entry point is right and failure to hold the 200MA will provide a quick exit for those only around for the trade.

Don't get confused with the other properties, this stock is all about the coal in Mongolia. Follow the link below to find out more Prophecy.

Click here to find out more on prophecy at their website

Creso jumps 31% in last hour of trading

If the last hour of trading hasn't gotten you excited about Creso, I am not sure what will. This stock has the potential to fly in a moments notice. It was trading at .45 after yesterday's sell-off on the news that the majority of investors didn't understand all day today and spiked .17 to .62 before settling at .59, a 31% increase in an hour.

I couldn't stress yesterday that the partial assay was just partial and meant as a teaser that astute investors could extrapolate over the entire core, which may be as big as 100m grading around 5g/t gold. This represents an entirely new zone! Add that 4 different sections of visible gold and you really do have something to chirp about.

With a 5000m drill program underway there will be lots of impending excitement about CXT if these initial results deliver and I am confident they will. With this deposit type the gold is widely disseminated with the pyrite so if the pyrite is there consistently then the gold should be there as well.

Read the Creso NR here

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Premium Exploration hits huge at Friday-Petsite!!!

Premium Exploration PEM.V announced absolutely stellar results today from their Friday-Petsite project. (Note: Kinross drilled this awhile back and left it.)

Having watched Premium Exploration for awhile and taken a wait and see attitude with this one because along with some promising results they have had some disappointments... but after today's announcement of extending the deposit strike length by 200m and significant results of 158 meters grading 2.23 g/t au and 76m grading 5.74 g/t au... PEM is looking more and more like a deposit waiting to just add the ounces with the drill bit. With this news I am sure you will get a runaway gap with this tomorrow and the sky is the limit.

I would jump on this for a good momo play in the morning.

Read the full news release here...

Creso hits visible gold!!!

Creso Exploration announced positive results today from the deepening of the first 2 holes drilled on their Minto project last year. They have received partial assay results of their discovery hole, (Hole #2 of 65.7 meters grading 18.2 g/t Au and 79.6 meters grading 4.61 g/t Au. Hole #2 was deepened by 382m and preliminary assay results of 82 meters of core so far analyzed is 5.82 g/t Au over 7.6 meters beginning at 423 meters depth. With excess of 300 meters of core remaining to be analysed from Hole #2.. this represents what may be the start of a new and large zone. The bottom zone is new and no true width has been determined yet.

They also deepened hole #1 which missed the zone and they have announced 4 sections of visible gold within a 100m mineralized zone with 2 -4% disseminated pyrite which may grade around 5 g/t au on average over the entire core. If this is correct then CXT.V is going to have a monster hitting an entirely new zone under the impressive initial discovery at shallower depths. Assays are pending from these holes, but if you read between the lines they are expecting some very good results.

I re-iterate that Creso remains a strong buy anywhere under .50 and have been calling it a strong buy between the recent price of .30 - .50 which has paid off doubling from its lows of .30 after the initial sell-off. It doubled on rumor of these excellent results and any astute investor will be using this pullback to buy more shares of Creso. 2 great stocks in Timmins are SAS.TO and LSG.TO which have made excellent discoveries by drilling deeper and Creso is using that exact same strategy to add value to their Minto project. CRESO will trade well north of $1 by the end of the summer if initial indications are any expectation of what is to come. Another hint that the company has something very good is that they hired a very reputable IR firm to tell the story of Minto.

Read the full news release here...

Decade Resources Uncovering Gold!!! Lots of it!!!

Decade Resources is dirt cheap at at $0.37 cents and is primed to make a big run this year similar to that of 2009.

After a successful drilling program at Red Cliff they have had some of the best grades and intercepts on the project to date with 5 of 27 holes being released so far with the best of that being 11.74g/t au over 7.93 meters which is very good. The drill is now being mobilized to test the Bonanza Gold bearing Zone 'Montrose' with a best result last summer of 9.64g/t au over 55.18 meters! This discovery last year generated a lot of excitement and drove the stock to heights of close to $2. So you can expect a steady release of results with Decade this summer to drive this stock and value as gold starts moving back above $1200 for good later this summer.

One problem that has dogged Decade this year is that yes they are drilling Montrose, but drilling is limited because they didn't get permission for a road cut. So they will get some exciting results but step out drilling will be limited this year to what they should be doing if the government had given them permission for the road cut and a more aggressive program could have been undertaken. Decade took a good run to .60 where it couldn't break through so the current price of 0.37 represents great value with 0.60 being a minimum target again with possibly this one getting to $1 again on great results that increase the potential of the projects.

In addition their 60% interest in Red Cliff and Montrose, Decade announced recently that they have discovered a significant Copper-Gold porphyry deposit at their 100% owned Wedeene property. It is very early but this so far looks great with 100m intercepts averaging 1 g/t au and .5% cu. If Decade can continue to deliver this type of results at Wedeene over a significant area the potential could be huge as this deposit would be prime open pit from surface. So far all holes have ended in mineralization with the stronger grades being at the end of the holes. This property looks very promising and if both properties continue to be developed to have significant reserves. Decade resources will be a very good take over target at much higher prices.

With 2 very good irons in the fire, you cannot ignore this tiny little company looking for gold in BC.

Ventanna Gold... Buying Value

Gold stocks have taken a pretty hard hit and should continue for another couple weeks but one that has really been hit hard is Ventanna Gold (VEN.TO). It has come off highs of $13 and as the selling abates on this one should prove to be a great time to come in a pick up value. Other stocks that remain on my buy list for an August rally would be East Asia Minerals (EAS.V) and Colossus Minerals(CSI.TO).

Ventanna to me represents the greatest value and anywhere under $6 should be a great buy for the long term. Ventanna has 10 drill rigs on the property and they are aggressively expanding the deposit and coming up with a resource number which will impress. This deposit remains one of the better ones being drilled up and evaluated and VEN could easily become a takeover target at lower prices. Anywhere under $6 will be great value.