Pan American Goldfields Ltd. (fka MXOM)

[LumberDoktor]

?#?Gold? Penny stock with HUGE upside potential - ?#?Breakout? ALERT Jr. Gold Explorer To Become Producer
Canarc Resource Corp $CRCUF, the sister of $EXK nearing end of Private Placement and transaction with Pan American -$MXOM
Buying this gem for .08 a share and float of 133M - You BET WE ARE! This could easily take out the 52 week high near term.
Buying $CRCUF at these levels is a no brainier.

This is exactly like $EXK with the same Management and business model.

EXK for example took a company in 2003 from a .10 stock and $300,000 of working capital to a high grade discovery miner in 6 months.

EXK's market cap has reached over $1 Billion and currently sits at $551M with a PPS of $5.45 and a high of roughly $15.50 in 2011.

An interesting fact to point out is that EXK who is the same management and board members of Canarc has operated in Mexico for over a decade now in Silver mining operations.

I want to emphasize the parallel of EXK and CRCUF for one very important reason. They are essentially the same people. They share the same office in Vancouver BC and Brad Cooke has a track record that is something to behold.

By buying up under performing gold mines in Mexico like EXK did with Silver, and following a business model which is hard to duplicate unless you are Brad Cookes' team, I think this is the beginning of the end of a .10 CRCUF stock and the introduction of the rise of a their second beast of a company - this time in the precious yellow metal.