AI
Saturday, June 12, 2010 2:04:04 AM
TTXP - trend reversal
officially broke the downtrend at 0.01. could run like KATX. will see.
From the Guru:
TTXP - Today's News Could Be The Event That Shifts This Stock Back In A Positive Direction
Devoid of positive news, TTXP has been stuck in a slow tailspin, one that has seen its stock fall from over $2 a share to $.01. Investors have shunned the stock in favor of more popular ones, and with a lack of interest TTXP has languished... until today.
Near the market close TTXP revealed, via press release, that they have signed an agreement to acquire a Mexican gold and silver operation. For a stock that has been forgotten for quite some time, this news should put TTXP back on the map. With Gold trading near all time highs this is the perfect time for a company like TTXP to be acquiring Gold and Silver operations.
KATX another mining stock which I have covered a lot had a chart just like TTXP before it embarked on its impressive rally. KATX started out as a $11 stock and then fell below $.01 just as TTXP has done briefly. KATX has gone on to post a 2,500% gain from $.01. Will TTXP post a 2,500%+ run from here? That I do not know, but what I do know is the potential is there.
Here is a chart of KATX. Notice the large drop and then the amazing run from the bottom:
TTXP has a 87 million shares outstanding, a very nice figure for a penny stock. Also this stock is fully reporting with the SEC, meaning transparency. That is always a positive.
I suspect it won't take much volume to get this stock back to $.05-$.10 a share. If TTXP mounts even half the run KATX has had, you are looking at a $.30 stock. I know I am getting a little ahead of myself, but my point is the potential is certainly there for big gains.
TTXP has been beaten down so far, the ride up could be fast and furious. Today's press could prove to be the turning point for the company and we'll find out soon if it is the turning point for the stock. I have a good feeling it will be.
Trilliant Exploration Signs Agreement to Acquire Mexican Gold and Silver Operation
Fairfields Gold S.A. to Mine High Grade Gold and Silver Deposits
NEW YORK, NY, Jun 10, 2010 (MARKETWIRE via COMTEX) -- Trilliant Exploration Inc. (OTCBB: TTXP) announced today that it has signed a Letter of Intent to acquire Fairfields Gold S.A. DE C.V. of Mexico. Fairfields Gold is currently in exploration stage on a large scale Gold and Silver deposit in central Mexico. "We are very excited about the signing of the Letter of Intent. The Fairfields project has solid proven returns and we look forward to developing the prospect in conjunction with Fairfields," commented Mr. Jeffrey Sternberg, President of Trilliant Exploration.
Forward-Looking Statements This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. THE TRANSACTION IS STILL SUBJECT TO FURTHER DUE DILIGENCE AND THE EXECUTION OF FINAL FORMALIZED AND EXECUTED DOCUMENTS.
Contact:
Jeffrey Sternberg
President
Phone: 786 323 1650
Posted by Robert Wilcox at 9:08 PM 0 comments
officially broke the downtrend at 0.01. could run like KATX. will see.
From the Guru:
TTXP - Today's News Could Be The Event That Shifts This Stock Back In A Positive Direction
Devoid of positive news, TTXP has been stuck in a slow tailspin, one that has seen its stock fall from over $2 a share to $.01. Investors have shunned the stock in favor of more popular ones, and with a lack of interest TTXP has languished... until today.
Near the market close TTXP revealed, via press release, that they have signed an agreement to acquire a Mexican gold and silver operation. For a stock that has been forgotten for quite some time, this news should put TTXP back on the map. With Gold trading near all time highs this is the perfect time for a company like TTXP to be acquiring Gold and Silver operations.
KATX another mining stock which I have covered a lot had a chart just like TTXP before it embarked on its impressive rally. KATX started out as a $11 stock and then fell below $.01 just as TTXP has done briefly. KATX has gone on to post a 2,500% gain from $.01. Will TTXP post a 2,500%+ run from here? That I do not know, but what I do know is the potential is there.
Here is a chart of KATX. Notice the large drop and then the amazing run from the bottom:
TTXP has a 87 million shares outstanding, a very nice figure for a penny stock. Also this stock is fully reporting with the SEC, meaning transparency. That is always a positive.
I suspect it won't take much volume to get this stock back to $.05-$.10 a share. If TTXP mounts even half the run KATX has had, you are looking at a $.30 stock. I know I am getting a little ahead of myself, but my point is the potential is certainly there for big gains.
TTXP has been beaten down so far, the ride up could be fast and furious. Today's press could prove to be the turning point for the company and we'll find out soon if it is the turning point for the stock. I have a good feeling it will be.
Trilliant Exploration Signs Agreement to Acquire Mexican Gold and Silver Operation
Fairfields Gold S.A. to Mine High Grade Gold and Silver Deposits
NEW YORK, NY, Jun 10, 2010 (MARKETWIRE via COMTEX) -- Trilliant Exploration Inc. (OTCBB: TTXP) announced today that it has signed a Letter of Intent to acquire Fairfields Gold S.A. DE C.V. of Mexico. Fairfields Gold is currently in exploration stage on a large scale Gold and Silver deposit in central Mexico. "We are very excited about the signing of the Letter of Intent. The Fairfields project has solid proven returns and we look forward to developing the prospect in conjunction with Fairfields," commented Mr. Jeffrey Sternberg, President of Trilliant Exploration.
Forward-Looking Statements This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. THE TRANSACTION IS STILL SUBJECT TO FURTHER DUE DILIGENCE AND THE EXECUTION OF FINAL FORMALIZED AND EXECUTED DOCUMENTS.
Contact:
Jeffrey Sternberg
President
Phone: 786 323 1650
Posted by Robert Wilcox at 9:08 PM 0 comments
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