No penny stock portfolio would be complete without a few mining stocks to round out the list. Sarissa Resources has made a large move over the last few days and may hold it’s current level. As with any mining stock the risks and rewards are great if you are willing to take the ride. Although this stock has not necessarily formed a new base, today’s intraday dip was enough for Quazimoto to add this to the watchlist.
According to the website propaganda, Sarissa Resources Inc. (Symbol SRSR) is an American junior exploration company that identifies and explores mineral properties in North America. Currently, Sarissa has interests in properties with base metal, precious metal, and uranium prospects in Northern Ontario, Canada.
Quazi reminds me that the majority of penny stocks are for trading, not investing. The $1 a share talk is always there but I would gladly walk away at .05 or .06 per share.