Mississauga, ON -- (SBWIRE) -- 10/21/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Highbank Resources Ready for First Aggregate Production at Swamp Point North.”
Companies mentioned in this article include Highbank Resources Ltd. (TSX-Venture:HBK).
Article Excerpt:
The Toronto Venture Composite Index has bounced about 50 points in the past four days after dropping in 20 of 22 trading days to levels not seen since the market collapse in late 2008. Safe to say, junior resource plays, which dominate the exchange, have faced significant headwinds throughout 2014 as the Venture index is off by about 12 percent this year, even with the rebound the past few days.
There have still been some bright spots on Venture-listed companies, including Highbank Resources Ltd. (TSX-Venture:HBK), which came off a double bottom technical chart pattern to hold its 200 day moving average around 8 cents in January to bust loose to as high as 38 cents in July. For those keeping score, that’s a move of 375 percent from bottom to top. The stock has continued to hold the vast majority of the gains, finding support around 25 cents and resistance at 31 cents as the stock has been trading sideways since August.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/458/highbank-resources-ready-for-first-aggregate-production-at-swamp-point-north.htm
About AllPennyStocks.com
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.
AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.
Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.
Contact:
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com
Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.