Good Morning Subscribers, After working feverishly over the weekend, I came across a Small Cap company that I felt absolutely needed to be put in-front of your desks hence there is no time to waste at the moment.
Immediately pull up HNDI (Handeni Gold, Inc.) on your trading screen. HNDI is an emerging gold exploration company focused on exploring and developing gold mining opportunities in the Republic of Tanzania.
► Our Brand New Momentum Pick:
► Handeni Gold, Inc. – Ticker: HNDI The company announced that its application to acquire an additional area of 33.62 km2 and an area of 12.32 km2 in addition to the 4 renewed PLs as announced in January 2014 has been approved. This increases HNDI`s high potential land holding in the Handeni district to 405.74 km2 and allows the practical exploration of previously identified areas of interest.
At the same time, HNDI is currently investigating the further reduction of its lower potential land area in the Handeni region following the first year of exploration on its renewed PL areas to only include land on which defined drill targets are located. This process will be completed in early September 2014.
Continued exploration on HNDI`s target 5 yielded gold values of up to 1.63 g/t in grab samples, supporting the previously announced clearly identified geophysical and geochemical anomaly.
Follow-up exploration is currently being conducted to investigate the 3D extent of the gold anomaly.
A Look Inside Handeni Gold, Inc:
The company`s principle area of focus is the 800 square kilometer Handeni Gold Project located in the Handeni district, within the Tanga region of the Republic of Tanzania. Although gold mineralization was described in the area since the early 1950s, it was only recently that artisanal miners focused on the Handeni area following the successful exploration for gold in the Lake Victoria district.
These efforts led to the discovery of the Magambazi Hill gold mine.
The attention of the exploration community came to focus on the Handeni district by successful drilling projects conducted on Magambazi Hill and its surroundings.
HNDI recently provided an extensive update on its prospecting licenses, exploration activities and its unsecured term loan facility agreement in Tanzania, East Africa.
HNDI: These Gold Catalysts Equate to Smart Business HNDI commenced its 2014/2015 exploration program during June 2014 on Target 8 situated on PL6743/2010 with a mapping and grab sampling program to be followed directly by a pitting and trenching program.
Simultaneously detailed structural work, ground geophysics and ground geochemistry is continuing on the Mjembe target to define drill positions. The company is also including Target 10 (situated on PL10 000/2014) in its exploration program, a target containing all the basic geological necessities for gold mineralization in the Handeni district.
Additionally, HNDI and IPP Ltd. have amended the Unsecured Term Loan Facility Agreement entered on December 7, 2012 and the loan repayment due date has been further extended to June 30, 2015 (the original loan agreement was Incorporated by reference to the Quarterly Report on Form 10-Q for the quarterly period ended November 30, 2012 filed on January 9, 2013).
Finally, HNDI is pleased to announce that on June 18, 2014, Handeni Gold Inc. and Consultancy & Finance Company Associates Ltd. have amended the Unsecured Term Loan Facility Agreement entered on October 9, 2013 and the loan repayment due date has been extended to June 30, 2015 (the original loan agreement was incorporated by reference to Quarterly Report on Form 10-Q for the quarterly period ended August 31, 2013 filed on October 11, 2013).
In October 2013, HNDI moved from $0.003 to $0.024 per share for a +700% gain.
In April 2014, HNDI moved from $0.0035 to $0.025 per share for +614.29% in profit.
We have been keeping our eye on this company HNDI since then, and have been waiting for the perfect time to jump on this profit monster once again.
Like physical gold itself, HNDI has just dropped to a new all-time low price of $0.0017 per share. The float is super tight at just 155.8M, and we know for a fact that HNDI moves like crazy on sudden increases in trading volume.
With several big time financial newsletters covering HNDI today, we are expecting this company to be the #1 intraday gainer on all of Wall Street.
Traders who pick up shares of HNDI could see a return run to and through to its 52-week high price of $0.025 per share for atleast +1,370.59% in profit.
This would be enough to make HNDI one of our biggest winners of 2014.
Don`t delay another second, act now, and pull up HNDI on your trading screen.
The Crew Chief www.StockRunway.com info@StockRunway.com Copyright 2010 StockRunway.com All Rights Reserved. Protected by copyright laws of the United States and international treaties.
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