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Hot Penny Stock Pick

A hot penny stock pick holds the potential to provide huge returns for the investor. The hot penny stock pick tends to focus on shares in the 0.05 to $0.25 range. These are penny stocks that can generate multiple returns. The key to maximizing returns on a penny stock is to get in before other investors recognize the company's value. Once interest in a stock builds, the penny stock share price can quickly accelerate.

The hot penny stock pick is usually based on positive business fundamentals. These corporations tend to have a competitive product, an efficient business model and a management plan to turn the company into a major competitor. The key to success in pennystock investing is uncovering the hidden gem before others.

FEATURED COMPANY
Star Navigation Systems Group, Inc. (SNA : TSX-V)

Star Navigation Signs Agreement with Esterline CMC Electronics

TORONTO, ONTARIO--(Marketwire - Jan. 26, 2011) -- Star Navigation Systems Group, Inc. is pleased to announce that it has entered into a Memorandum of Agreement ("MOA") with Esterline CMC Electronics Inc. ("CMC") of Montreal, Quebec. This agreement was principally agreed at the NBAA 2010, and completed recently. With this MOA, Star and CMC have plans to cooperate in the establishment of an integrated turn-key solution for Original Equipment Manufacturers ("OEM") based on Star's STAR-ISMS(TM) In-Flight Safety Monitoring System software coupled with CMC's PilotView® EFB System, applications and aircraft integration services. CMC will then promote the resulting solution to OEM's and select customers within the Air Transport and Business Jet Markets as part of its cockpit systems offerings. This agreement also provides for cooperation for a wider range of avionics integration and avionics equipment solutions to meet the customers' requirements.  

FEATURED COMPANY
Pele Mountain Resources, Inc. (GEM : TSX-V)

Pele Mountain Announces Total Rare Earth Oxide Resources of 52-Million Pounds Indicated Plus 96-Million Pounds Inferred

TORONTO, Feb. 24,2011 /CNW/- Pele Mountain Resources Inc. (TSX Venture: GEM) today announced the completion of a NI 43-101 Resource Estimate ( the "Resource Estimate") which for the first time includes both uranium oxide and rare earth oxides ("REO") at its Eco Ridge Mine Uranium and Rare Earths Project in Elliot Lake, Ontario. Eco Ridge is owned 100-percent by First Canadian Uranium, a wholly owned subsidiary of Pele. The Resource Estimate was prepared by Roscoe Postle Associates ("RPA"). The Resource Estimate includes 51.9-million pounds of "Indicated" total rare earth oxides ("TREO") plus an additional 96.3-million pounds of "Inferred" TREO. These resources are in addition to 15.2-million pounds of Indicated uranium oxide ("U3O8") plus an additional 31.4-million pounds of Inferred U3O8, which was announced in Pele's press release dated January 24, 2011.  

SMALL CAP NEWS MARKET NEWS
Uranium Mining Companies Best Policy is to Benefit Local Community?
Pele Mountain Resources is focused on the development of the Eco Ridge Mine in Ontario. The company is also developing a reliable mining and processing operation to deliver benefits to Elliot Lake community and its shareholders. Read full details.
3 Small-Cap Stocks the Pros Like
When the market is struggling, investors favor size and stability. So it's curious that small companies are currently faring better than their larger brethren.
Quick Prototyping Firm Manufacturing Architectural Model for ACURA
Axis Prototypes will be working with the Association of Canadian Universities for Research in Astronomy (ACURA) for the realization of a 1:144 scale model 30m telescope. Axis will be using rapid manufacturing technology including selective laser sintering (SLS prototype) and stereolithography (SLA model) to realize the project. Read the complete story on the TMT project.

CRA Changes Scientific Research and Experimental Development (SR&ED)The federal government announced dramatic changes to the R&D filing requirements that will come into effect for the fiscal year of 2009. Also known as Recherche Scientifique et Développement Experimental RSDE in Quebec. You can read the full press release here.

The Next Million-Dollar Penny Stock?The promise of outrageous returns is why some of the world's best stock pickers are, at times, penny-stock investors.

Canadian stocks a good bet for 2011

Financial Post, February 28, 2011 - A new report from CIBC World Markets finds that Canadian stocks are likely to produce the best returns in light of what looks to be a longer-term bear market in bonds, and ongoing fiscal belt tightening in the U.S. and Europe.

“Relative to the U.S. or east Asia, Canada’s equity market carries more insurance against a worsening geopolitical climate in the Middle East, in the form of a larger basket of energy stocks and safe havens like gold shares,” said Avery Shenfeld, chief economist at CIBC, in his latest Economic Insights report.

In addition, Canada presents a good option given the ongoing spectre of inflation haunting emerging market economies.

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