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Canadian Stock Alerts - Network Exploration Limited

Canadian Stock Alerts - Network Exploration Limited 

I first blogged about Network Exploration on Canadian Stock Alerts on Aug 19, 2009 when NET was .05 . I did so based purely on what looked like unusual higher trading volume. And I have continued to marvel at the strength of the trading volume. 

Mining MarketWatch did a detailed review on NET recently and quite franking it became a very compelling story.   

Here are a few points from the public record for due diligence purposes: 

- NET has about 50 million shares outstanding

- They have properties in both Chile and the Yukon

- The Chile property is very close to the gold rich Barrick property

- The Yukon property is very close to the Underworld Resources property

- Brien Lundin of the Gold Newsletter, says hold Underworld Resources

- NETWORK Directors are former Teck & Noranda executives

- The same senior executives are in Chile presently reviewing the property

- 34 underground wall samples have been sent for processing, results pending

- This past week house #88 has been accumulating millions of shares 

Mining MarketWatch Review of Network Exploration:

Network Exploration Ltd – Recent News

Site visit for phase two evaluation; Stock Options granted
Network to commence work program in Yukon
Update to Caldera drift program
Network amends private placement
Network announces closing of acquisition
Network announces private placement
Network acquires mineral claims near Underworld's new gold discovery

CBC Video on Underworld Resources Yukon Discovery

About The Author: Mike Perras is a former media executive and faculty of business professor. Today he is a freelance writer and also manages the Canadian Stock Alerts blog. It is updated weekdays in real time, and the primary focus is to find stocks with higher than usual trading volume. Mr. Perras doesn't advocate buying the stocks he mentions. Nothing in this article is either designed to meet readers personal financial situations, or intended or taken to be investment advice.