Smng - gold play!

[goodlife]

Strategic Mining Corporation (Pink Sheets: SMNG) is engaged in the business of exploration and development of gold properties in U.S. ,Guinea, West Africa.

SMNG has been Trending Higher for a few weeks now something is brewing on this one!

This could be the start of a bigger rally.

SMNG has been getting a lot of attention lately.

If anyone has info please hit me back.

[Cosmic]

Thanks for the tip.

Things can get really popping in Guinea in the next few years. Gold is just one of the many resources that may be opening up for them.

Put your eyeballs on the posts I did for HDY. Is actually the key for a lot more of the development in the country.

Ignore the share price on HDY at this point, I think the PSC agreement is very, very close, too much riding on it for it not to get signed. Should pop out big.

I will have a good look at SMNG.

Lots of things can be connected together. Up to this point Guinea has not really had much of the progress required to develop. Part of this may have been the political situation in the past few years. Hopefully that is changing and it will be a democracy with the elections that are to come. The general region is already hot with investment, Guinea is a laggard.

Will get back to you on SMNG.

[Cosmic]

Ok, I looked at it.

What do you really think you got????

Hotstock promo is the name of the game. Word .... GOLD .....in them thar hills or maybe valleys, about as close as it might get to the the actual metal. (Chuckle)

Basically there is close to zero info of any stature out there on it. Name change from a bit back. Looks like your standard Pump / Dump mining stock.

Website is just about a joke. No knowledgeable mining type investor is going to be buying into that drivel. The belief system will not handle it.

Maybe it is another roaring Bre-X. Michael de Guzman may have survived the swan dive out of that helicopter and be back in the cool environs of the Nam instead of Borneo this time.

Please do not put any money into these type promo's. Least not until you can go thru all the DD steps to have a foggy idea what you might be buying. My gut is telling me it is so over priced at this point, way above the typcial $0.0001 that they normal sell for on any good day. Take time to learn an investing / trading strategy that has a prayer of working.

Also be careful in all these penny stocks.

Market may be changing into a bear mode. Game will be over quick if what you are messing with does not have real value. Be able to define your operating time frame for the play totally solid and know if your choices has a prayer of being able to run up in a down market, only true Value stocks will usually have that ability. Even those may tank initially. Beware we are in the Ides of March.

Good time to be sitting in cash if you don't know what you are doing. Get ready to play that QID on the way down.