Sunday, March 21, 2010

BKTK could bounce big next week!

I probably follow more gold and silver stocks than just about anybody else in the world. There is one gold and silver stock that has been beaten down big as of late and I believe it has the potential to bounce big next week... Black Tusk Minerals (BKTK).
I only recently discovered BKTK and I never mentioned it to you before, but once you find out what properties are surrounding them, I believe you will see astronomical upside potential for the stock from its current beaten down price!
BKTK closed this past week at only $0.095, down from a high earlier this month of $0.21!BKTK's market cap right now is only around $5 million!
BKTK is a mineral exploration company focused on the exploration and development of mineral prospects worldwide. Most notably, BKTK owns a 100% interest in 19 mineral claims, known as the Altococha concessions, in the District of Huanza, Province of Huarochiri, Department of Lima, Peru.
Check out this map below of BKTK's property! Barrick Gold (ABX), the largest gold mining company in the world, holds claims that are touching BKTK's property!
Pan American Silver (PAAS), one of the largest silver producers in the world, also holds claims that are touching BKTK's property!
When it comes to gold and silver exploration companies like BKTK, location is everything, andBKTK being surrounded by some of the world's largest gold and silver producers certainly bodes well for their future exploration potential!
Take a look at BKTK's one month chart. In my opinion, this stock could potentially be way oversold and ready to bounce big:
As always, do your own research and don't make investment decisions based on anything I say! There is always a chance I could be wrong and BKTK could crash next week to zero!

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