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Thepennytrade.com Reports its Top Stock of the day to Watch (OTC: OCOL , MRGP )

(EMAILWIRE.COM, November 15, 2010 ) Montréal, Québec - thepennytrade.com
(http://www.thepennytrade.com), a premier source for Hot Otc Stocks issues stock alert for the following companies: (OTC: OCOL , MRGP ).

Bering Exploration Inc. (OTC: OCOL) is on high alert. Oil and Gas plays have been sprouting up everywhere and turning green. (OCOL) is definitely not lacking attention as shares have been on a bullish move. The momentum is slowly building since their last PR and the breakout factor is now written all over (OCOL). The TNS Investment Community is on high alert.

In their latest PR, Bering Bering Exploration, Inc., formerly Oncolin Therapeutics, Inc., (OTC Bulletin Board: OCOL) recently announced that "it has begun drilling on its South Texas oil and gas prospect that has potential gross reserves of 5,000,000 barrels of oil and 46BCF of natural gas. The initial well will be drilled to approximately 10,000 feet to test the Oligocene Frio trend in South Chambers County, Texas. Bering's interest is a 5% working interest after pay out in this prospect.

Based upon the estimates by the originating geologist, it is estimated that this prospect could have potential reserves of 5,000,000 barrels of oil and 46 BCF of gas, which equates to a total of $558,000,000 in future gross revenue at today's prices of $76.00 per barrel of oil and $3.88 per Mcf of gas. There is no guarantee that this prospect will be successful or that these numbers will be achieved due to production and/or price fluctuations. Bering's net revenue interest would equate to approximately 4% of the gross revenue and production figures discussed in this release, or approximately $22M."

With the combination of the Oil & Gas sector being extremely hot and the possibility of (OCOL)'s first drilling being successful, the results may help take(OCOL) back up toward their 52-week high of $.62. The management of (OCOL)seems to be taking the right steps in growing a brand new oil and gas company. "We are very excited that our first oil & gas acquisition is one that has a tremendous amount of upside for our company with very low risk to our shareholders," stated Steven Plumb, VP of Finance of Bering. "We look forward to continuing to grow Bering through acquisitions of drilling and production opportunities."

(OCOL) also recently announced that its "board and majority shareholders have approved a name change to Bering Exploration, Inc. and that the company expects the name change to occur within the next 45 days." For full reference to their recent PR, Click here.

More about Bering Exploration, Inc. (Formerly Oncolin Therapeutics, Inc.)

Headquartered in Houston, Texas, Bering Exploration, Inc. is an independent oil and natural gas company that focuses on identifying, evaluating, developing and acquiring potential natural gas and oil wells in the Gulf Coast onshore region. Additional information about Oncolin can be found on the web at www.beringexplore.com


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Mercer Gold Corp (OTC: MRGP) announces that it has reached a depth of 242 meters on its third drill hole, MGDH-03 at its Guayabales Gold Project in Colombia and plans are to extend the drilling to a target depth of approximately 600 meters.
Mercer Gold Corp. geological team has stated that the Company is seeking to define targets across the current drill zone, which is one of three areas on the site with potential targets for gold, silver and copper mineralization.

This program is on time and continues to fall within the budget established for drilling, despite some challenging conditions caused by heavy rains in the area.
Mercer Gold Corp.'s in-country team has been very successful working with their experienced localized driller who is familiar with the topography and the varied conditions. They have met each target drill date over the previous zones on the Guayabales site and are on track for completion of this stage of drilling as planned.

A number of landslides have occurred on access routes over the past couple of weeks. Mercer has assigned a work force to the task of clearing roads to assist the community in overcoming the hardships related to the current weather situation. Additionally, Company crews are repairing small local water pipelines to restore water service where it has been cut.
Rahim Jivraj, Mercer Gold's CEO and President states, "Mercer's camp is on track with our drilling and we are confident about our timing as mapped out by our team. We are aware however that it's important for us to contribute by aiding the communities near Marmato.

Therefore, we are lending workforce assistance to vital services and infrastructure such as roads. We plan to be a part of Guayabales and the Marmato area for a very long time. We are glad to contribute."
About Mercer Gold Corporation

Mercer Gold Corporation is focused on gold exploration and resource definition in Colombia. The Company acquired the prospective Guayabales Project, located in the Marmato Gold District, Department of Caldas, in early 2010. Mercer is exploring the Guayabales property and is seeking to acquire additional prospective gold properties in Colombia.




About The Penny Trade

Thepennytrade.com reports its Hot Otc Picks Daily Briefing is one of the leading penny stocks web sites; it presents daily stocks to watch (Midday Movers) everyday. Its new and innovative penny stocks alerts newsletters allows investors to receive stocks alerts, and it has become the most trusted penny stocks alerts on the web.

Thepennytrade.com also provides a wide-ranging due diligence and insight on stocks all over the market. The Stock Alarm Investment Stock Reports primary focus is to alert Hot Penny Stocks valued subscribers to small cap and micro cap companies poised for explosive movement in the market. Timing in the market is critical! To receive thepennytrade.com free comprehensive newsletter, please visit http://www.thepennytrade.com


Follow Thepennytrade.com on Twitter: http://twitter.co/STOCKSWAGER


The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

Hotpennystocks.co
Walid Moudjed
18667959663
info@thepennytrade.com


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