Spartan Gold Limited (OTC BB: SPAG), a U.S.-based junior gold mining company engaged in the exploration, development, and production of minerals properties has had a research report by Grass Roots Research and Distribution Inc.released on its operations.
The report states that, ‘the Company’s current focus is to aggressively advance each of its three projects to the drilling stage and at the same time look to raise equity financing that will allow it to determine the presence of gold, silver or other precious mineral resources. ‘
Adding further, ‘We expect revenues of $35.0 million for FYE 2011 and more than $413.4 million by 2015 should the Company raise additional capital to fund its master budget. The Company is also forecasted to efficiently manage operations and command significantly higher operating margins and net profit margins’
Grass Routes Research set a price target of $1.97, which represents a potential upward swing of SPAG stock price of 126% from its current $0.87 and was positive in general about the companies future and clever leveraging strategies for the current gold price.
http://www.grassrootsrd.com/CompanyDetails.aspx?cid=126&rid=197
Stocks to Watch: SPARTAN GOLD LTD (OTCBB:SPAG), Volcom Inc. (NASDAQ:VLCM), Spectrum Pharmaceuticals Inc. (NASDAQ:SPPI), Lithium Exploration Group Inc (OTC:LEXG), Lithium Corporation. (OTC:LTUM), Jammin Java Corp. (OTC:JAMN), KURRANT MOBILE CTRNG INC (OTC:KRMC)
Todays Focus Stock: OTCBB:SPAG
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Featured Stock:
SPARTAN GOLD LTD
(OTCBB:SPAG)
Other Stocks to Watch:
Volcom Inc. (NASDAQ:VLCM)
Volcom, Inc. is a designer, marketer and distributor of young men and young women clothing, footwear, accessories and related products under the Volcom brand name
Spectrum Pharmaceuticals Inc. (NASDAQ:SPPI)
Spectrum Pharmaceuticals, Inc. ( Spectrum) is a commercial stage biopharmaceutical company, engaged in developing and commercializing therapies with a focus primarily in the areas of hematology-oncology and urology
Lithium Exploration Group Inc (OTC:LEXG)
The Company is engaged in the acquisition, exploration, and development of resource properties.
Lithium Corporation. (OTC:LTUM)
Lithium Corporation, formerly Utalk Communications Inc., is an exploration stage mining company engaged in the identification, acquisition, and exploration of metals and minerals with a focus on lithium mineralization on properties located in Nevada.
Jammin Java Corp. (OTC:JAMN)
Jammin Java Corp. (Jammin Java), formerly Marley Coffee Inc., is a development-stage company. The Company is engaged in coffee distribution business
KURRANT MOBILE CTRNG INC (OTC:KRMC)
Transit Publishing Inc. publishes fiction and non-fiction books. It offers biographies, mysteries, thrillers, commercial fiction, literary fiction, and health-wellness books in English and French.
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