Good morning faithful,
We are back from a small break, and now we’re back into it, starting with an old favorite that is showing a very nice chart right now.
Check out Graystone Company Inc (GYST) for tomorrow.
It’s pulled back recently, right at multi-month support. It’s set up perfectly here for the "dip buy" in anticipation of a bounce.
We love GYST because it’s an active trader, and the last few times we’ve alerted it, we have seen some very nice gains of 48%, 16% and 35% on strong volume – and all of our alerts came at around these same levels.
GYST has a history of running well, giving dip buyers some substantial gains
… and we think tomorrow will be no different.
For those of you who don’t know much about GYST, let me fill you in…
The Graystone Company Inc (GYST), is a mining corporation dedicated to building and
maintaining continuous, sustainable economic growth while providing meaningful
employment to the community we’re a part of. We strive to increase shareholder
value through our diverse business model to generate equitable results for all
GYST is focused on acquiring and developing gold and other
mineral properties. The Company’s strategy is to build value for shareholders
by the identification, acquisition and exploration of early-stage properties
that show significant potential for the discovery of gold.
You can read more about the Company’s projects on their website.
GYST has recently commenced operations at its new Suriname Project joint venture, that is expected to bring significant new revenues to the Company.
Just last month, they announced the Company’s retail sale of gold and silver exceeded $33,000 in December 2012 alone.
Selling gold and silver through its retail division allows the
company to increases its margins by 15-20%. Junior mining
companies typically sell its ore to refineries for 5-7% below spot
However, by selling it retail the Company can sell the
gold and other precious metals for 10-15% over spot (for an
increase of up to 20%). For example, the increase in margins
could generate an additional $300 per ounce of gold.
Keep GYST at the top of your watchlist tomorrow folks, we think it could be a good one.
Penny Stock General
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