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  • Stocks Trading With Unusual Volume on News OTC TAON

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    Penny Stock Alerts With News TAON

    Oct 12, 2010 Boca Raton, FL–TheStockwizards.net a free very hot penny stock picks alert blog publication offers you up to the minute real-time comprehensive financial info with quotes and chart updates on the OTC-OTCBB, NYSE, and NASDAQ. TSW is hunting for hot penny stocks uncovered stocks  such as taon on the move showing unusual movement that might end up becoming a well-known top performing HOT OTC small cap penny stock picks.

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    MEDELLIN, COLOMBIA, Oct 12, 2010 — Tao Minerals Ltd. (Tao) (OTCBB:TAON) is pleased to report that it is has presented a letter of intent to acquire the Mutata property, a prospective gold and platinum property in Colombia. Minera Primecap Geological Services (MPGS) has been performing the due diligence on this potential acquisition and General Manager, Mr. Juan Restrepo has acted on behalf of Tao in the negotiation process. MPGS are currently assessing the property. Tao has been allowed 90 days for this assessment period with extension clauses if deemed necessary. This potential gold and platinum property presents an excellent low cost opportunity for Tao to continue our corporate goal of assembling a high quality portfolio of Colombian mineral properties to compliment the El Colmillo Gold Project.

    Tao Minerals Ltd. is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich, yet highly underdeveloped gold deposits of Colombia doing so in a socially and environmentally responsible manner.

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    Penny Stocks Forward-Looking Statement: This press release includes “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

    Penny Stock News Alerts TAON

    October 12, 2010 @ 9:03 pm Trackback URL Posted in Industry News and tagged with , , , , , .