TickerTrax pick, GeoMegA Resources (V.GMA), soars 144% in a month

Chris Parry Chris Parry, Stockhouse.com
4 Comments| February 21, 2014


Stockhouse TickerTrax analyst Danny Deadlock has made a habit of picking doubles over the last few months, with picks on LX Ventures, Primary Petroleum, Empire Industries, Volta Resources, and PMI Gold having paid strong returns for his newsletter subscribers.
 
But recent pick GeoMegA Resources (TSX:V.GMA, Stock Forum) is shooting the moon.
 
The microcap rare earth explorer that Deadlock pointed out at $0.25 in late January is now trading at $0.61, with consistent gains throughout the last 30 days.
 
The late January phase II results of its drill program at the Montviel property in Quebec contained the following highlights:
 
·  HREE-S Zone extended over 200 m (East-West) by 100 m vertical and still open at depth
·  Preliminary interpretation of a 2nd enrichment zone in the North-west wall rock of the Core Zone
·  Dysprosium enrichment of over 400% compared to the Core Zone
·  Heavy rare earth enrichment in fluoro-carbonate minerals

There has been no news published since, but as Deadlock pointed out when he began coverage on the company, “they have several very important develops unfolding in Q1 and Q2 so the potential growth remains significant” despite the upward movement seen recently.
 
Deadlock pointed out, “the next major event we are looking for is whether or not they are able to separate Heavy REE’s with their new technology. If this is proven, the upside potential may be very significant – and the stock could be difficult to buy on that news.”
 
The company has been working with one of the world's leading engineering and research schools, Polytechnique Montreal, on what has beeng called Pearse Technology.
 
The feasibility of the technology has been demonstrated via prototype.

Deadlock: “On the surface this has the potential to be a MAJOR technological development in the world of Rare Earths (REE's). IF I am right, then there is huge upside left. If I am wrong - a person could risk losing half their money over the next 12 to 18 months.”
 
Deadlock’s speculation is that this technology “has explosive Biotech style potential” that, if commercialized, “has the potential to dramatically lower capital and operating costs for the rare earth industry plus significantly reduce the environmental footprint.”
 
Obviously someone agrees, as the stock is being gobbled up at every resistance point, leading to the 144% 30-day jump.

Deadlock has been killing it over the last year, even as resources have taken a beating industry-wide. Consider these gains:

MEI.V - Bought $1.20 - Sold $2.70 for a 125% Gain

BKX.T - Bought $0.79 - Sold $0.1.42 for an 80% Increase

VCA.V - Bought $0.17 - Sold $0.55 for a 224% Profit
 
Get the inside scoop on Deadlock’s next Vulture Capital picks for $16.25 a month, by clicking here.
 


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JimmyBC
Hey Shawshank , Well I am a DD subscriber and he has a couple Of picks that are not up much recently ..... But not much I mean 5-10% gains , But next time I am in Calgary , I am buying him the biggest steak in Alberta, This guy is great - I made over 10k on LX ventures and Am up 10k on Geomega in just under a week , My only issue is not pulling the trigger on all the reconditions - like paying an extra .10 cents today for another 10,000 Gma , when I could have...
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February 21, 2014
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cparry
Shawshank: A few things. 1) I wrote this piece, not Danny. Deadlock doesn't 'sell' himself. He just picks great stocks. 2) Deadlock does discuss the picks that don't turn out - often, in fact. 3) If you sit on every stock you own for 3-5 years, might I suggest, as an alternate strategy, doing what Deadlock does and setting an exit point a little earlier, when you've got a nice profit, rather than sitting waiting for a 36-bagger.
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February 21, 2014
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kasking
We always hear about the ones that run up, funny never hear about the ones that go south, been in this business over 30 yrs, same pattern.
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February 24, 2014
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shawshank
YTeah Danny-but tell us about the ones you didn't make ANY MONEY ON HUH? VS Lauding about your investment expertise in a self written web piece-like a self censored auto-biography...go on and put up EVERY stock you recommended and their long term return on investment over the last 3 to 5yrs...I dare you.
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February 21, 2014
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