Volume Rumble: 6 penny stocks to watch

[eliteG]

check out the separate CGHI thread...there are some weird things going on with this one.. I'm just watchin and learnin 

[gmarc66]

NEWS OUT...there are other threads on CGHI as well

Negotiations Proceed for Buy-out of Centurion Gold with Higher Competing Bids
07/14/2005 06:00

Centurion Gold Holdings, Inc. (OTCBB: CGHI), the only South African junior gold mining company publicly listed in the U.S., announced today that the competition to purchase Centurion Gold Holdings has intensified with several companies submitting bids that have reached $1.00 a share. The Board of Directors is carefully reviewing all offers and anticipates reaching a final decision within the next ten days.

Centurion Gold Holdings CEO, Dale Paul, commented, "Our Company offers a unique opportunity as an acquisition candidate with it strong asset base of various minerals and properties and we intend to realize the maximum value possible."

About Centurion Gold Holdings, Inc.:

Centurion Gold Holdings is the only South African junior gold mining company publicly listed in the United States. The Company is executing a roll-up strategy acquiring proven mineral assets, "growth through acquisition"; these assets consist of near revenue stream and existing low cost production operations with turnaround opportunities. Based in South Africa, the Company is ideally suited to exploit new legislation implemented by the government in May 2004. This legislation enforces a "use it or lose it" strategy, whereby all mining claims must be prospected within a designated time frame, otherwise, such prospects revert to the state, thereby creating never before seen opportunities, particularly for smaller companies like Centurion. The Company has built a strong team of experienced management and operations mining professionals to exploit these opportunities, and is positioning itself to become a major producer by continually implementing its "growth through acquisition" strategy.

Forward-Looking Statements:

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release the Company will appropriately inform the public.

[setravis]

CGHI.... moving this morning

[matsie]

Anybody any thoughts about FNGC

[fanninac]

I bought into CRGO about a week ago and am adding to my holdings. You can read all their SEC Filings  on www.businessweek.com .. very interesting turn of events for this co.

I expect soon this will go to .10 and then .50 later on if/when the trucking revenues start coming in. 

They had been selling syrup (??) and then bagged that idea and bought into a trucking company.

Good potential if they don't run out of money.

Do your DD.

[runforthedoor]

  FNGC...almost bought into this two days ago...more news today..and may keep going up from here....

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2005%5C09%5C30%5C70891590.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=FNGC

[doyerdiligence]

other picks look ok. but i wouldn't touch apbi until their deal with cornell is done.