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Big Mover; Gold Dynamics Corp. (GLDN)

By Warren Paige

Shares of Gold Dynamics Corp. (OTC: GLDN) have risen sharply in early trading today. At last check, the stock was trading 27.09% higher at $0.0380 on above average volume of 2.76 million. The stock has gained nearly 90% in the last three trading sessions.

Gold Dynamics shares are gaining momentum after the company reported on Monday that its President and CEO, Gary Kirk, recently performed a five-day site visit on the Hoyle North property. GLDN had recently acquired the property by option.

Kirk visited the property to commence a soil, rock and outcrop sampling, as well as geochemical analysis work.

According to Kirk, the Hoyle North property appears typical of the glacial moraine commonly found in the South Porcupine area, often low and very flat with many areas hosting muskeg at surface. Kirk said that the property, which is approximately 12 square kilometers, is contiguous to the Goldcorp property to the south.

 

 

May 22nd, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.