Small cap oil and mining stocks Buyer Group International (PINK:
BYRG), American Graphite Technologies (OTC: AGIN) and
Double Crown Resources (PINK: DDCC) are getting some attention
from promoters, but one of these stocks is about to be profiled on TV – which is
bound to get it some attention. However, might there be something the emails in
your inbox or any TV segment about these small cap stocks that you have been
missing? Here is a quick look:
Buyer Group International (PINK: BYRG): Check the Financial
Small cap Buyer Group International is a spin-off of Curlew Lake Resources,
Inc., an oil, gas and mining producer in British Columbia. Operations in
California, Colorado and Texas were divested as Buyer Group International, Inc.
On Friday, the Buyer Group International rose 5% to $0.0105 for a market cap of
$288.76 million plus BYRG is down 99.5% over the past year and down 99.99% over
the past five years according to Google Finance.
What’s the Catch With Buyer Group International? According
to various disclosures, transactions of $2.5k, $10k, $15k, $35k and $37k have
occurred to mention Buyer Group International in various investment newsletters.
Last Monday, Buyer Group International released some old data about a property
in Wyoming and its CEO said they had spoken with drillers who agreed to re-drill
the site and re-specify cross sections in order to develop a comprehensive
report which will cost between $300,000 and $500,000 to complete. In addition,
Buyer Group International announced the hiring of a consultant who will focus
on the financing development of BYRG projects. A quick look at Buyer Group
International’s financials reveals a missing first quarter results and revenues
of $3k (most recent reported quarter) and $38k for the two reported quarters
after that; a net loss of $2k (most recent reported quarter) and net income of
$11k; and $403k in short-term investments to cover $13,110k in “Short/Current
Long Term Debt” at the end of September. The last figure is a bit scary and does
warrant a closer look at the financial filings by any investor actually
interested in a long-term position in a stock seeing heavy promotions.
American Graphite Technologies (OTC: AGIN) is Busy
Issuing Press Releases
Small cap American Graphite Technologies is focused on developing North American
graphite mining opportunities along with the commercialization of graphene
specific proprietary technology methods. On Friday, American Graphite
Technologies fell 12.38% to $0.715 for a market cap of $55.93 million plus AGIN
is down 15.9% since last August according to Google Finance.
What’s the Catch With American Graphite Technologies?
According to various disclosures, transactions of $15k, $20k, $30k and $55k have
occurred to mention American Graphite Technologies in various investment
newsletters. Last week, American Graphite Technologies issued a couple of press
releases, including one about purchasing several strategic pieces of equipment,
acquiring 100% interest in 100 prospective graphite mineral claims in Quebec and
the successful production of test samples of a graphene paper product by the
company’s development and manufacturing partner - CTI Nanotechnologies LLC.
However, American Graphite Technologies has reported no revenues; net losses of
$116k (most recent reported quarter), $138k, $16k and $20k for the past four
quarters; and had $315k in cash to cover $18k in accounts payable – which is not
Double Crown Resources (PINK: DDCC) Will Be on TV in
Small cap Double Crown Resources is a natural resource exploration and development
company holding a 100% interest in the McNab molybdenum property located in
Southwest, British Columbia, Canada and the Bateman gold & nickel prospect
near Thunder Bay, Ontario, Canada. On Friday, Double Crown Resources fell 1.02%
to $0.0291 for a market cap of $5.15 million plus DDCC is up 15% over the past
five trading days according to Google Finance.
What’s the Catch With Double Crown Resources? According to
various disclosures, transactions of $4k and 45k have occurred to mention Double
Crown Resources in various investment newsletters. Last Wednesday, Double Crown
Resources announced its anticipated company profile feature for the "Insights
with Terry Bradshaw" cable television show is complete and national broadcast
dates are expected to begin in April. In other words, Double Crown Resources is
about to get A LOT of attention. However, investors might want to take a step
back and notice that Double Crown Resources has produced no revenues; net losses
of $65k (most recent reported quarter), $188k, $795k and $462k for the past four
quarters; and had $3k in cash to cover $1,071k in current liabilities at the end
of September. In other words, don’t expect the financials to be a focus of
the "Insights with Terry Bradshaw" episode.