TRLR (Trulan Resources, Inc.) has broken out quickly among other top penny stock investment choices today, seeing
gains of 47.50% early on in the trading day today. Interest in this fast moving penny stock play has increased significantly today, as the stock has seen over 49.6 million shares traded already by 12:15 pm. This sort of dollar volume is incredibly significant for any penny stock, especially considering that this is not a sub penny play. The bulk of the reason for the sudden increase in interest among those most interested in buying penny stocks, came in that the company released a major news announcement early on this morning, well before the market open at 7 am. According to the release "Trulan Reports 1,764,112 Ounces Of Gold Present On Its IGP Iron-Gold-Platinum Project In Chile."
"The IGP Project has a delineated Indicated Resource of 247 million metric tons contained in four ore bodies. Tonnage and grade indicate that there are 1,764,112 ounces of recoverable gold contained in the areas of the IGP that have been tested and sampled thus far. Using a cut-off market value of $1,500.00 per oz, the Indicated in-situ Gold Resource is currently valued at USD $2,646,168,000.The Company recently reported that magnetite in the four deposits of the IGP contains 62% iron ore. Based on recent (January, 2013) spot market value for iron ore and calculating grade, tonnage, mine life, production costs and recovery rate, the iron ore contained in the known deposits has a present market value of USD $2,912,090,850. Including the newly released gold numbers, the resulting aggregate mineral value confirmed to date is USD $5,558,258,850."Clearly these are absolutely monstrous dollar amounts for any penny stock to be quoting in valuations, so it comes as no surprise to see that TRLR (Trulan Resources, Inc.) has surged forward the way that it has. We are expecting far more to come from this company as further developments are announced. This is currently what
Penny Stock Dream, feels to be one of the strongest plays available within the penny stock exchange. The news that this company has released is major even for a large scale corporation, so we certainly urge all subscribers and followers of our penny stock alerts platform, to keep a very close eye on TRLR as things progress. This is a very big play.
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