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RVNG

Today’s Super SubPenny  Momentum Play is RVNG Raven Gold Corp. RVNG is a gold mining company, with dynamic exploration and development projects. RVNG’s mission is to initiate an aggressive acquisition policy that focuses on under-explored to advanced staged exploration gold deposits in North and South American Countries. I am urging all my members to take a close look at RVNG and to seriously consider putting their buy orders in ASAP as RVNG could make a huge jump immediately after the opening bell.

Let’s look at the stats…

Symbol: RVNG

Current PPS: $0.0023 (All Time Low) perfect time to pick up shares at a basement price!!!

10 Day Avg Vol: 10.2K

Outstanding Shares: 35.2M (Reduced From 75.2M) This stock could really take off with a increase of volume….

RVNG is determined to become a low cost gold producer. RVNG’s most notable current holding is its investment in the La Currita project in Chihuahua, Mexico. The La Currita mine was in steady production from 1983 until 1998. The existing mine holds the potential to increase tonnage through systematic exploration. The location sits amidst an area that is well known and explored geologically and has been actively mined. The grade expectations for the property are very reasonable and do not require “home run” numbers to be economic.

With the market going up and down like a yo-yo one fact remains the same. The price of gold just keeps on increasing.

  • Just Yesterday Gold Hit Another All Time High
  • Gold Is Already Up 50% This Year Already Not To Mention Up 15% In The Last 30 Days (In This Market That Is Almost Unheard Of)
  • Today Gold Almost Hit $1800 At This Pace $2000 Is Not Far Away
  • In The Past 3 Trading Sessions Gold Is Almost Up $100

The rising price of gold has a direct effect on the profits of gold mining companies. Let's go over the math so you can get a better understanding.

If gold were priced at $950/oz., and the cost of production was $400/oz. and two years later gold had risen to $1600/oz., and the cost of production had escalated by 20% to $480/oz. then the mining company's profit margin would have gone up from $550/oz. to $1120/0z. (I.e. from 57.9% to 70%).

With the cash flow of a gold mining company going up so dramatically, the size of the resource and value of a company going up dramatically and the profits going up dramatically as well, one could easily come to the conclusion that the price of the gold mining company's shares could go up just as dramatically.

That is why I feel RVNG could see some serious upward momentum today. With its low float a nice increase in volume could really get this stock off the ground and possibly lead to some serious profits for our members.

RVNG is trading at its all time low of $.0023 with an extremely low float. This is very similar to my last hot penny stock alert RCYT.

For all our new members let me remind you that my last subpenny play sent shockwaves through the penny stock market world. RCYT had a 5400% profit increase for members who got in early. I alerted RCYT at $0.02 and it hit a high of $0.11..... If today’s play can come anywhere near that you can rest assured that my inbox will be filled with emails from happy members. I look forward to reading them…

Don’t forget to show your support and follow me on facebook and twitter for up to the minute updates on today’s hot subpenny play. 

 

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