|Stocks covered:||Compensation:||Avg $ Volume for Period:|
|Max Profit: 17.41 %||Gain at close: 0.00 %|
|*We think that this promoter is a part of a group of promoters.|
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LRDR - Our New Gold Pick with Monster Upside gets Bullish Coverage from Goldman
LRDR is our New Exclusive pick with Mega upside potential for Monday morning so make sure to act fast. This gold mining pick and gem could really breakout to the upside here short term. The company and stock look very Bullish right now and Goldman Small Cap Research just Initiated Strong Bullish Coverage of LRDR on Friday...
Goldman Small Cap Research Initiates Research Coverage of Laredo Resources Corp.
In the Goldman Opportunity Research report on LRDR, analyst Rob Goldman outlines his investment thesis.
"Leveraging the historical mining successes in the region and on the site itself, Laredo Resources Corp. appears poised to take advantage of one of the most attractive mining opportunities in the Northwest region of the United States. The Pony Mountain Gold site is located in the Mineral Hills District in southwestern Montana and is a proven producer of gold dating back to the 1800s. With approximately 100,000 tons of dump material on the site that could produce gold, the size of the near term opportunity is simply huge."
LRDR is the mining gem we told you about in our main report, and this exciting company is getting ready to dig for gold. This fact alone is a potent catalyst for action because gold is beginning to march north again.
The analysts can’t help but show their bullishness for the yellow metal and many are extremely optimistic that the prices could shoot past the $2,000/oz - $3,500/oz mark in the very near future. The BofA Merrill Lynch commodities team, led by metals strategist Michael Widmer have issued a strong forecast for gold in the coming years. BofA said gold could hit the $2,000 mark in the next couple of years.
Big-time metals expert Peter Krauth takes is even more optimistic and recently said in an article that “Anyone who cautions you to let go of your gold is missing an unfathomably huge capital undercurrent - one that's forming right now. What we're seeing is the unstoppable chain-reaction of conditions that's about to unfold in the gold market. Krauth punctuated his optimism with predicting that gold may hit $3,500/oz in the coming months.
We’ve pointed out this Extremely Bullish stance on gold to make it very clear that the short term opportunity for trading profits with LRDR is absolutely huge. How can it not be, when the company has just released news to coincide with the verbal bullish sentiment towards gold?
On Wednesday LRDR released a news item which we felt was the clearest opportunity for traders. The company issued an update on its Pony Mountain Gold property, highlighting the fact that its resident geologist is set to undergo tests to determine exact grades of gold in the stock piles to assist in monitoring the material before any shipment.
The big insight from that news announcement is of course the fact that LRDR is getting ready to bring its gold to surface. Given the bullish sentiment towards gold at the moment, we expect nothing less than LRDR to deliver exceptional spikes in market valuation.
- LRDR is bursting with short-term potential
- Conservative analyst estimates indicate gold rallying to at least an average of $2,000 - $2,500/oz (Potential Gains of 85%)
- Goldman Small Cap Research is now covering LRDR
- LRDR has a bullish breakout technical chart developing
- All of this at a steep discount for LRDR shares today....
Don’t hesitate on this one folks; the upside potential could be off the charts.
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Until Next time...
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