Stock of the Month...

May Stock of the Month...

Western Pacific is a gold explorer whose primary focus is advancing the Mineral Gulch gold project in Idaho. Formerly called Black Pine Mine, the property produced over 500,000 ounces of gold between 1991-1997 at an average headgrade of 1.5 g/t Au. The WRP.V team, led by CEO Warwick Smith and President Eric Saderholm, set this micro cap apart from other Canadian junior resource companies...

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Today's Penny Stocks in Play...

4:21 PM EST - : Lake Shore Gold Corp. : announced that a technical report entitled "Prefeasibility and Mineral Reserve Estimate for Timmins West Mine, Timmins, Ontario, Canada," has been filed on SEDAR. The report includes a previously announced reserve estimate for Timmins West Mine totaling 823,848 ounces (4,922,180 tonnes grading 5.21 grams per tonne) in the probable reserve category. The reserve estimate supports the initial five year production plan for Timmins West Mine and is consistent with the company's objective of establishing and maintaining three to five years of reserves ahead of production.

Companies mentioned in this penny stock in play include:
Lake Shore Gold Corp. (LSG:CA) is trading up $0.04 at $0.90.

4:20 PM EST - : Petro Vista Energy Corp. : announced that further to its news release of May 6, 2012 it has completed the sale of all of the shares of its wholly owned Petro Vista Energy Colombia (Barbados) Corp. to Deep Core Inc. As a result of this sale, the Company has now disposed of its interests and extinguished all liabilities associated with its operations in Colombia.

Companies mentioned in this penny stock in play include:
Petro Vista Energy Corp. (PTV:CA) is trading down $0.03 at $0.68.

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4:26 PM EST - : First China Pharmaceutical Group, Inc. : announced its unaudited financial results for the three-month period ended March 31, 2012. The company reported a new record high for first quarter sales. Sales for the first quarter of 2012 were $12.2 million compared to $7.4 million in 2011. While sales were at a record high this quarter, gross profit was down $238,000 from the same period in 2011. The reduction in the company's profit margin is primarily due to higher costs of pharmaceutical inventory, increased sales and marketing costs. The company posted a loss before tax of $968,569 but this is primarily attributed to a Derivative Loss of $1.242 million.

Companies mentioned in this penny stock in play include:
First China Pharmaceutical Group, Inc. (FCPG) is trading up $0.011 at $0.31.

4:25 PM EST - : Sino Agro Food, Inc. : announced financial results for the 1st Quarter of 2012. Highlights included revenue jumping 411 percent to $15.98 million as compared to the 2011 quarter. Gross profit surged 315 percent to $8.01 million from $1.93 million for the same quarter last year. Net income increased to $5.63 million from $910k, a change of 518%.

Companies mentioned in this penny stock in play include:
Sino Agro Food, Inc. (SIAF) is trading down $0.03 at $0.68.

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