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UBER STOCK PICK: NGHI
Here at UberStox we love money, don’t you? So naturally a company dealing with gold would catch our attention (I mean, come on, it’s shiny). We started watching it as it leveled out at $0.27 then we saw our opportunity, when it dropped to just $0.10 per share. Since then NGHI has gone up to $0.51 per share after they grabbed 3 Washington casinos and were named one of the top pink sheet movers. Based on what we’ve seen so far and their ambition to expand, not to mention the 2:1 stock split that happened May 13th that this stock is going to see some UBER gains this coming week, especially in the first half. So beyond the 400% gain we’ve already made, we’re expecting more, watch this stock!
Company Summary: Nevada Gold Holdings, Inc., formerly Nano Holdings International, Inc., is a development-stage company engaged in the business of exploring for gold. The Company holds a lease on one property in northern Nevada, on which it has the right to explore, and if warranted, mine for gold. In Nevada, there are five property categories that are available for exploration and eventual development and mining: public lands, private fee lands, unpatented mining claims, patented mining claims, and tribal lands. The Company has not commenced any initial exploration activities. Nevada Gold Enterprises, Inc. is the Company’s wholly owned subsidiary. On December 31, 2008, the Company merged with Nevada Gold Acquisition Corp., a wholly owned subsidiary of Nevada Gold Holdings, Inc.


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