TFN readers up 20% on Stillwater Mining (SWC)

Stillwater Mining has jumped 10% today bringing more than 20% gains in less than 1 month(!) to TFN readers that acted on our free recommendation!

By Laura Cadden, TodaysFinancialNews.com

Baltimore (TFN): One of companies named in our Dec. 10 report, Top Precious Metal Stocks, is up over 20% for those that got in under our recommended entry price of $10.

Stillwater Mining Company (NYSE:SWC) has seen its share price rise over 10% just today on news of a successful restructuring program and potential sales to the recovering auto industry.

It’s definitely possible this upward trend will continue, but I’m reluctant to risk what we’ve made.

I recommend you sell your shares of SWC and enjoy those gains!Similar Posts:

• Top Precious Metal Stocks – December 10, 2009
• TFN Reader Grapevine Stock: Take a gander at Czech Republic Resource Corp. (CZHC) – August 25, 2009
• Silver prices up, so are HSC miners Coeur d’Alene Mines (CDE) and Silver Wheaton Corp. (SLW) – August 29, 2009
• Best Gold Stock: Buy this junior gold miner under $2 – December 4, 2009
• TFN eNews 8/14/2009: The 3 Best Chinese Stocks Under $5! – August 14, 2009

Article first published on Today's Financial News

TFN readers up 20% on Stillwater Mining (SWC)

Top Precious Metal Stocks

The TFN Team has uncovered 3 precious metal stocks that they believe have the best potential for gains in 2010. Get in on these FREE recommendations today!

by Laura Cadden, TodaysFinancialNews.com

Baltimore, MD (TFN): Which precious metals will be the big winners of 2010?

The weakening of the U.S. dollar has given goldbugs the ride of their lives… and from what we can tell, it’s nowhere near finished. As uncertainty continues to plague markets, gold’s a keeper.

Then we have the slowly-but-seemingly-surely recovering industrial sector pushing up silver demand. You’ll want a silver play in your portfolio.

And the final precious mineral you should own in 2010?

Platinum.

Like silver, the industrial uses for platinum are many and varied: Everything from creating jewelry, to producing medical equipment, to controlling carbon emissions, to being an active ingredient in chemotherapy treatments. (In fact, carboplatin is one of the drugs I’m receiving to keep breast cancer at bay.)

The metal took a hit in 2008 and 2009 largely due to a slump in jewelry and auto sales (auto equipment is responsible for much of the industrial demand for platinum). Yet both of these markets are clearly picking up in China… and predicted to do so globally.

Experts reckon platinum could trade up to $1.900/oz in 2010.

Strike now to maximize your gains.

Here at TodaysFinancialNews.com, we have selected one stock that we think will capitalize on the run up of each metal. But you’ll need act fast to see top gains…

Best Precious Metal Stock #1:
Many TFN readers have heard our positive outlook for Great Basin Gold Ltd. (AMEX:GBG). In case your new to us, this gold stock trades on the Toronto Stock Exchange under the symbol TSE:GBG. (The slightly higher price reflects the exchange rate of the U.S. vs. the Canadian dollar. If you can buy it without higher transaction cost, we’re all for buying it in Canada. As a U.S. investor, you automatically benefit from any appreciation of the Canadian dollar.)

For ease of tracking sake, we will be following the U.S.-traded shares at Great Basin Gold Ltd. (USA) (AMEX:GBG). Buy under $2 with a profit horizon of 20-30% by April 2010.

Best Precious Metal Stock #2:
Silver Wheaton Corp. (NYSE:SLW) is a silver and gold mining company that generates 100% of its revenue from the sale of precious metals. Its 2008 silver sales totaled 1.7 million ounces and its forecast for 2009 was up to 4.6 million silver equivalent ounces.

Better even, its acquired a “streaming” company with a lock on some of the most productive and reliable silver mines in Mexico, Sweden, Peru, Greece, Arizona, and Canada.

That means they are well-positioned to ride out any regional production shortfalls due to political unrest or environmental crackdowns in any particular country… while leveraging local differentials in the cost of labor to the maximum!

Buy Silver Wheaton Corp. (NYSE:SLW) below $16.25. We’re looking for 20% gains in the next 6 months.

Best Precious Metal Stock #3:
Stillwater Mining Company (NYSE:SWC) is the only U.S. PGM miner. With increasingly higher platinum prices, the company has done better than anticipated with an expected cash flow of close to $200 million as 2009 comes to a close.

Its continued solidity, location, and a mechanized-focus to combat labor issues – and most importantly, demand pressure – should make this miner a winner in 2010.

Buy Stillwater Mining Company (NYSE:SWC) under $10 and hold for double-digit gains.

*** J. Christoph Amberger has just issued a buy on another super-cheap platinum miner to Members of our premium investment research service, Hot Stock Confidential. Maybe it will be double-digit gainer #74(!) in 2009! Read more about HSC and our latest Special Report right here!Similar Posts:

• Cup half full: Silver Wheaton (NYSE:SLW) packs on gains as gold prices rocket – November 11, 2009
• Silver prices up, so are HSC miners Coeur d’Alene Mines (CDE) and Silver Wheaton Corp. (SLW) – August 29, 2009
• Midas touch: Rising gold prices guide Coeur d’Alene Mines (CDE), Silver Wheaton (SLW), Hecla Mining (HL) to strong gains – September 3, 2009
• Sell Great Basin Gold Ltd. (GBG) for 19.2% gains: HSC cashes in on record gold prices – December 3, 2009
• HSC double-digit gainer #70: 32% on Silvercorp. (SVM) – November 18, 2009

Article first published on Today's Financial News

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