Purely Pennies to Watch: SHOM & NWGC on HIGH Alert
Thanks to Langlui for the quick DD, we really like these.
NOTE: These are not long term holders, We will be looking to scalp profits on these today.
1) SHOM - $0.0071 x $0.0074,SHOM moves on news, 75M Float.
2) NWGC $0.09 x $0.103. News came out before close today, BIG BIG BIG EARNINGS NEWS. SUPER LOW FLAOTER 20 Mil float. News link: http://finance.yahoo.com/news/New-World-Gold-Obtains-iw-3153098664.html?x=0&.v=1 - New World Gold Corporation (Pinksheets:NWGC - News) is pleased to announce its first quarter results for the period from January 1, 2011 to March 31, 2011. Net income in the first quarter was $889,327 versus Nil income for March 31, 2010. The Company had a gross operating income of $407,907 versus a Nil operating income for the first quarter last year. The Company had a net profit of $79,287 for the first quarter of 2011 versus a net loss of $86,109 last year.
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