EmergingResourceStocks.com, a website launched to focused solely on undervalued and overlooked public and private companies in the resource sector, has chosen Pengram Corp. $PNGM as its first profiled company.
EmergingResourceStocks.com was looking at a NYSE company that announced a discovery of high-grade gold occurrences on its property. As it happened, the trendline was down-dip of its current resource. "As part of our research we extrapolated the trendline down dip, and it led us to a property that was owned by Pengram Corp. Now normally a junior company might have shouted this news from the rooftops, but PNGM has yet to make a comment on it. We expect they may, but our readers can read about it on our website first," stated Albert Hyman, Editor of EmergingResourceStocks.com, clearly happy with his scoop.
"We intend on differentiating ourselves from others in the business of profiling smaller companies in several ways," continued Mr. Hyman. "We're not looking to just parrot publicly available information or regurgitate news. We like to peel back the onion a little."As such, don't expect EmergingResourceStocks.com to come up with frequent short lived profiles. "Good things sometimes take time," states Mr. Hyman.
"We chose to lead with Pengram because we honestly think its undervalued, and overlooked in the resource sector. It's a company most investors who like the sector can investigate easily - they are a junior exploration company, a well understood business model. PNGM has a dedicated IR line to answer questions and doesn't have a float of hundreds of millions of shares. And it has fantastic properties, and experienced management. But what drew us to the company in the first place was our investigation on that NYSE listed company."
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