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Canada Business News and Press Releases
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(EMAILWIRE.COM, March 23, 2011 ) Montreal, Canada -- Beacon stocks International (http://www.beaconstocks.com) first spotted Great Panther Silver Limited (TSX: GPR Amex: GPL) in the .50 to .80 band. Today the stock is an institutional favorite. Anyone who bought in early has made 300 percent returns in just over a year. See GPR website at http://www.greatpanther.com/s/Home.asp/.
GPR`s success can be attributed to sound management as well as a defined and well executed business plan. These guys went to Mexico with the intent of becoming a major player in silver and they succeeded by assembling a package of quality projects. Rome was definitely not built in a day but it might have been if GPRÂ’s management had been involved. These guys know how to execute and it has made everyone serious cash.
Beacon Stocks believes that Excel Gold Mining Inc. (TSXV:EGM.V) is poised to be the next GPR. They have sound management just like GPR plus they have solid projects; again just like GPR. The market is expecting news on EGM any day now based on their drill program at Montauban. Based on recent news, EGM is past due: http://www.tradingmarkets.com/news/stock-alert/egmxf_egm_excel-gold-mining-publishes-preliminary-results-from-drilling-campaign-on-the-montauban-property-in-770448.html.
The property at Montauban has all the earmarks of a trophy property. Big money is available for junior mining stocks. Even ETF are in the game. This story gives a pretty good handle on the changing landscape as reported on this article:
http://seekingalpha.com/article/258930-tsxv-new-junior-miners-and-energy-etf
Now could be the time to take a look at EGM. If this stock repeats the success of GPR, it will be a monstrous end of year for EGM. For more information on EGM, go to http://www.excelgoldmining.com/.
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