SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Buckey's Bottom Bounce Short Term Picks (CDN ONLY)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: 44881/12/2006 10:55:59 PM
   of 5887
 
Has anyone done any DD on Firstgrowth Capitol (FGC.p) TSX Venture? This one is way undervalued and ready to fly. They flew to 1.10 and then they have been down to 90 for the last little while but if I am not mistaken they should be way higher.
They have aquired all the outstanding shares of a company by the name of Kinitex Inc. a Calgary Alberta based integrated siesmic imaging services company to the Oil ,Gas and Mining Resource Sectors. Kinitex was formed in 1998. Apparently there are only two or three other companies in the world that use this particular kind of technology: VictorSeis Rcording System and "Digital 3C" and the one I know of is trading at 39.00 a share. I bought FGC.P at .35 and it is hovering at .95 and from their recent press releases, I would imagine they are set to fly. The deals they are making look to be very profitable. I was wondering if anyone else had done some D.D. on them?
The Candian geophysical market represents around $500 mollion to $700 million per annum and Kinitex presently has a market share of 1% and they are expecting a rapid increase in demand foe their Digital 3C imaging which should substantially increase their market share.
It has a low float around 400.000 shares.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext