Hi Everyone,
SWVI had another stellar performance today closing in the green on more then 23 million shares. This is one the best volume day this pick has ever had showing continued accumulation from big buyers and investors.
We are confident more then ever that SWVI is about to soar through $1 and could start marching very rapidly toward the $10 target that analysts are giving.
Just earlier today a report came out stating that $14.1 billion USD in gold, copper and iron projects will be invested in Chile for the next 2 years. This will be the largest investments that the country has ever seen for its mining sector.
Positive news like that only confirms that SWVI is in the right place at the right time! Investors that see the opportunity could be sitting on a gold mine with SWVI.
Momentum investors are also jumping on SWVI as they believe a major breakout above $1 is coming very rapidly. We can see a ton of buyers on the bids and this continued pressure could soon drive up the price to a whole new set of highs.
On the fundamental side, SWVI just announced earlier today that they were able to test some initial sales of their copper samples. All of which turned out very positive. In addition, the company announced that they were able to find visible gold on their property!
Hundred of millions in gold and copper could be sitting on the Algarrobo property and early investors in SWVI could profit from huge potential discoveries!
Research Capital Investment analyst ,seeking alpha editors and a CFA analyst from Zacks.com all believe that SWVI could be trading over $1 and some even say over $7. If these analysts, who all agree, are correct, SWVI has the long term potential to more then quadruple your investment!
Big players are also coming to Chile. It shouldn't come as a surprise that Freeport McMoran Copper and Gold (NYSE:FCX), Barrick Gold (NYSE:ABX) and Rio Tinto (NYSE:RIO) are pouring billions of dollars in Chile. They all see the rich minerals and properties that this country hold!
An editor from seeking alpha also recently ventured to say that a buyout is looming for SWVI. Could one of the majors above be interested in SwingPlane Ventures Inc? We are not sure but all of the above makes us believe that shares could be very cheap at around 60 cents.
All signs seem to be pointing upwards and we are as excited as ever to see what happens to SWVI in the weeks to come. We will profile this company for the upcoming weeks and members should expect us to keep updating you about this exciting company very regularly!
Your AwesomePennyStocks Editor.
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