Pennystockdd Newsletter Stock Pick This Week Is a **Gold Stock** CDY :AMEX Exchange
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California (I-Newswire) November 28, 2010 - www.pennystockdd.com
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Our stock Pick for this weekend is CDY on the Amex Exchange. We released this stock Pick to our members this morning. Mining stocks have been explosive recently and we feel this stock has good potential.
Cardero Resource Corp. (Cardero) is a Canada-based, junior mineral exploration company. The Company is engaged in assessing, acquiring interests in and exploring of mineral exploration properties, primarily those it considers to be prospective for gold, copper and iron. During the fiscal year ended October 31, 2009 (fiscal 2009), the Company is primarily focused on consummating the sale of the Pampa de Pongo Iron deposit, promoting the Pampa el Toro Iron Sands program for the production of iron ore concentrate to serve the needs of the People’s Republic of China, and formulating and commencing the drilling programs for the Baja IOCG, Longnose and TiTac properties and the Phase I exploration program on the Organullo property. During fiscal 2009, the Company completed the sale of Pampa de Pongo Iron deposit to Nanjinzhao Group Co. Ltd. In June 2010, it acquired 49.5% interest in Coalhunter Mining Corporation.
Pennystockdd has not been compensated for this Stock Pick.
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Published On:November 28, 2010
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