North Springs Resources Corp. (NSRS)

[zomniac]

– Pump And Dump Alerts –
January 27, 2012

That said, welcome to Pump and Dump Friday, where every week we highlight a few of the “bogus” promotions that are going on in penny stocks.

If you don’t know how these scams work, be sure to check out this free report that exposes the whole thing.

Now without further ado, here are this week’s disasters waiting to happen:
North Springs Resources (NSRS)

I’ll admit it… I’ve become obsessed with exposing the paid promotion of NSRS shares. But what you need to know is the pumpers are being paid over $600,000 to hype shares of this gold exploration company.

It’ll take just as much repetition on my end to keep you from buying into the endless hype these pumpers are dishing out.

So here’s the latest news on NSRS…

A drill has shown up in Arizona to create 15 test holes on the Goldstar property. (Yep, they’re still just exploring.)

Of course, the pumpers wasted no time and fired off headlines like…

NSRS is on the verge of a pop!
NSRS could surprise us all!
NSRS is making big moves!
NSRS is Hot Right Now After New $3.00 Price Target!

While they’re all entertaining, the headline that caught my attention was the $3.00 price target. I had to look into it some more.

As it turns out, a financial analyst over at Advent Financial created the “price target”. The only problem is, Advent Financial was paid $20,000 to specifically write up a report on NSRS! Sounds more like another puff piece to me…

And I’m not far off in my assessment. Right in the disclaimer at the bottom of Advent’s report, they reveal no one verified any data for accuracy… and the data was supplied by NSRS! What kind of “research report” is that?

Bottom line…

The hype machine is still running strong. The pumpers are trying to suck you into buying shares of North Springs Resources.

Remember, no matter how attractive NSRS sounds, everyone’s getting paid off in the process… including the supposed “analysts”.
http://www.pennystockresearch.com/nsrs-gpls-taxs-pump-and-dump-alerts-january-27-2012/