Another Risky Pick on the Move - BFD
Beaufield Resources is on the move today. Up already 71% since I first recommended the stock last week. I really like the potential of BFD and its properties at these levels and still maintain my BUY rating. Perhaps news will be released shortly?
Petro Vista is also up 20% this morning as it seems to have found a new support level around $0.10 mark. I'm still holding on to all my shares at the moment. The company has released this week that it plans for a 4-well drill program on the La Maye Project located in the Magdelena Basin of Colombia. Two of which will be drilled in 2009. Now is a good time to accumulate some cheap shares before investors decide to jump back in at the last minute.
Yesterday both BMK and NOT had very good runs and have recommended that you take some off the table. I'm still monitoring both closely and plan to buy more if NOT falls back to the $1.00 level and BMK to the $0.10. I'm still holding half my BMK position at the moment. I recommended that you take a look at another promising player with some interest in the Ring of Fire called Temex - TME. TME is a very well diversified company and has many promising projects in the near term. I still like it at these levels and maintain my BUY rating.
As always, do your own DD and make sure these Risky picks are right for you. Have a good weekend,