
Good Evening Profit Seekers,
Investors and Traders, going back to basics...Timing and Pricing are the two components that separates average traders from great traders. Let us take advantage of both market tools right now towards our new pick for Wednesday shall we.
We are experiencing intense volatility and wild swings in this market. As we draw closer to the end of the trading year, it seems likely Gold will achieve its' 12th annual gain, driven by increased central bank purchases, as well as investors, looking for safe havens.
The Gold Bull Market has shown no signs of ending and is still widely regarded as undervalued and highly bullish. Have we got a shiny beauty for you!

Company: Pengram Corporation
Current Price Tag: $.06 Catalyst: Technical Fib Trigger
Company Website: http://www.pengramgold.com/
When the Trillion Dollar Gold Market announces they are facing a Mine Discovery Challenge - We look to find the undervalued mines before they can be snatched up for a premium!
Technical Analysis:
Pull up the following chart right now: Compression Lift Chart...Ready For Takeoff
With a red-hot gold sector on the move, PNGM looks for breakout moves ahead.
Co-Pilots...Let us now reflect on why we consistently book profits.
Since the Captain is always studying charts and looking closely at multiple times frames, experience speaks volumes. With Gold witnessing a wild ride in recent months, this is necessary course of action.
Our first class passengers who are the beneficiary of my years of experience of studying charts and the captain's log will see why I love this chart.
Going back to the beginning of the chart, we can see a pronounced move off the 200 day Moving Average. This is a period of long term support. That move generated a 400% return, as the stock appreciated from $0.02 to 0.08. After a subsequent pullback, the stock yet again bounced off the 200 day MA. That move was good for over 100% as the stock surged off the $0.035 base and printed well over $0.07.
Since then, the stock has pulled back and is lifting off a base. Which base is that? You guessed it - the 200 day MA. This is the third time it's successfully bouncing off that MA. For that reason, we are looking at a bounce and a measured move off the base.
Who says lightning never strikes twice? We are looking for a 3rd time here, as history repeats itself. Since the 200 day MA represents a solid level of support; that is our stop. Any buys for the breakout should be in the range just above the moving average, and stops just below it.
Currently, stops should be placed just above the 0.04 MA. The current move has created a highly tradable channel between $0.045 and $0.06. This is a 33% intra-channel move.
As per the norm, remember tight stops but give the stock room to breathe. This flight appears to make several stops. However, with such an established trading history, there appears to be strong support at current levels.
About Pengram Corporation:
Pengram Corporation - PNGM engages in the acquisition, exploration, and development of natural resource properties, primarily gold. It holds 216 claims covering an area of approximately 4350 acres in 3 properties in Nevada, including the Fish project in Esmeralda County, the CPG project in Mineral County, and the Golden Snow property in Eureka County.
The company also has interest in the Clisbako property, which consists of mineral claims covering an area of 8,372 acres in the Cariboo Mining District of British Columbia.
Visit the company website here: http://www.pengramgold.com/
PNGM: What Are The Catalysts Creating The Buzz?
- PNGM searches the globe for outstanding gold properties. Their strategy is to evaluate and acquire properties where previous work has been conducted and have yielded positive results for the presence of gold. The primary objective is to explore these properties either directly or through joint venture with other exploration companies. The Company is led by a management team with an exceptional track record of mineral discovery and property development.
- PNGM Clisbako property was first staked in 1989.Historical expenditures total in excess of $2.2 million adjusted to current rates. To date a total of 1997 soil samples, 644 rock samples, approximately 25 backhoe trenches, 42 line kilometers of IP geophysical surveys and 34 NQ diamond drill holes totaling 5083 meters have been completed on the property.
- PNGM - The Golden Snow Project is located in the Battle Mountain-Eureka Trend, approximately eight miles south of the East Archimedes gold deposit where Barrick Gold Corporation is currently mining a Carlin-type sediment hosted gold deposit (approximately 2 million ounces gold produced and discovered). The Eureka district is at the south end of a northerly trending series of intrusives. Within the district a prominent north-south alignment of gold deposits trends towards the Golden Snow Project.
These are localized along the Ratto Ridge Fault Zone, which projects south onto the Golden Snow Project.
Microcap Gold Stocks Have Been Soaring Recently...
Let Us Have A Deeper Look Into Pengram Corporation!
PNGM recently provided updates on the "Golden Snow" Project which is a Joint Venture with Terrace Venture Inc. Terrace is earning up to a 75% interest in the Golden Snow Property from Pengram. And now to the stuffing...Once Terrace has completed earning its interest, the parties will form a 75/25 joint venture.
PNGM recently completed a work program on the Golden Snow property that consisted of soil sampling and rock sampling. Fourteen rock samples were collected in the area of a previously identified large 2,800 ft. diameter magnetic anomaly. Seventy-two soil samples were collected to help delineate the extension of the collapse breccia zones on the Golden Snow Project.
Based on the successful completion of the program, Terrace's geological consultant has recommended that a program consisting of 3,000 feet of reverse circulation drilling to test locations for gold bearing collapse breccias and to test a probable intrusive indicated by ground magnetic data. The program has an estimated cost of $175,000.
PNGM recently announced the Initial Exploration results on its Clisbako Property in British Columbia, Canada. Manado Gold Corp. has extended its option to earn 75% on the Company's 8,372 acre Clisbako property in the Cariboo Mining Division of British Columbia by issuing 200,000 shares to the Company as required by the option agreement.
Approximately 2,000m was recently drilled by Manado to test the shallow mineralized zones of epithermal silica stockworks and breccias, and quartz veined volcanic rock identified on the "South Zone" and the "Bari 1 and Bari 2 Zones". These three zones were selected for drilling as they were determined to be the nearest to the surface. Manado is completing a detailed analysis of the results to determine what additional work and what other zones should be tested.
Manado is required to incur an additional $250,000.00 on exploration of the Clisbako property by September 15, 2013 to earn its 75% interest in the property.
"The Company is pleased that Manado has met the requirements to extend its option to earn in on the property and that progress has been made in determining the geological structures within the property," commented Richard Donaldson, CEO of Pengram.
WE'VE PUT PENGRAM CORPORATION IN-FRONT OF YOU, NOW IT'S UP TO YOU TO TAKE ACTION COME WEDNESDAY MORNING!
StockRunway urges all of our members to conduct their own internal research on every company that is profiled.
Start your due diligence right now at the company's website: http://www.pengramgold.com/
The Runway Summary:
Fundamental Growth + Technical Trigger = A Windfall Wednesday !
The StockRunway Editor
info@StockRunway.com
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