This stock could soar if James Bay has its day

In our morning report on April 16th for club members, we highlighted insider activity in a prospective emerging Canadian mining play. While the name is only for those who have high risk tolerance, it is already up more than 20% since our report. If things go right in its play area, I believe the stock has the potential to go a lot higher. It is a stock I personally hold via a modest position.

While this play remains off the radar screens of most investors, last week a big mining player made a nearly C$6 million investment in another junior in the area. Of course, there are no guarantees as drill results will ultimately determine the stock's fate. But if you are interested in junior mining or speculative situations, this is a report you will want to read.

Morning reports can really pay off. We featured insider buying in Cantex Mine Development (CD) on March 20th in the INK Morning report. The stock had a big move, up more 150% in the frist 23 days from report date.

Cantex is not the only shooting star we have had so far this year. Others from first mention to February 28th include:

Khiron Life Sciences (KHRN) Up 167.2% Kirkland Lake Gold (KL) Up 98.3% Great Bear Resources (GBR) Up 93.3%

While not every morning highlighted stock will turn out to be a quick win like those above, you can count on every INK Report to be based on information you can trust as INK does not accept payments from issuers or their promoters for stock coverage. If we hold a position in a stock that is in our reports, the stock is acquired through the public market and not through a private placement (which can often have sweetheart terms not available to most investors). Of course, we also disclose it.

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