Some positive PRPicksThatMove.com Announces Investment Opinion on High River Gold Mines Ltd., Canadian Imperial Bank of Commerce, AMBAC Financial Group, Tianyin Pharmaceuticals Company Inc. and Hawk Systems, Inc.
12/3/2009 12:36 PM - Business Wire
ALBERTA, Calgary, Dec 03, 2009 (BUSINESS WIRE) --
PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.
At PicksThatMove, our team scours the technical and financials of hundreds of companies to identify those stocks showing the greatest potential for growth.
The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com
High River Gold Mines Ltd. (TSX: HRG),
.56, +0.065, 13.13%, is a Canadian based mining company dealing with acquisitions, exploration, development and mining of gold properties with its main focus in Russian Federation and Burkina Faso, West Africa. The company is making gains this morning with the heaviest volume on the TSX with gains of over 13%, trading slightly below the day's high of
.58. High River announced that it closed its private placement of 150,000,000 common shares, priced at CDN
.38 for total aggregate gross proceeds of CDN$57 million. The proceeds will be put towards repaying $27 million of a credit agreement with the remainder of the funds going toward general corporate purposes.