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...