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PicksThatMove.com Announces Investment Opinion on Dyax Corporation, Goldcorp Inc., Gold Wheaton Corporation, Great Basin Gold Ltd. and Fresh Harvest Products Inc.

Business Wire
posted: 69 DAYS 13 HOURS AGO
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PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.
At PicksThatMove, our team scours the technical and financials of hundreds of companies to identify those stocks showing the greatest potential for growth.
The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com
Dyax Corporation (NASDAQ : DYAX), $4.29, +0.79, 22.57%, is a biopharmaceutical company focusing on the discovery, development and commercialization of novel biotherapeutics for medical needs with an emphasis on inflammatory and oncology indications. DYAX reached a high today of $4.69 and is heavily trading today with gains of over 22%. The company announced that it received approval from the U.S. Food and Drug Administration for Kalbitor® which aids in the treatment of acute attacks of hereditary angioedema (HAE) in patients 16 years of age and older. Gustav A. Christensen, President and CEO stated “The approval of KALBITOR represents an important milestone in our ongoing commitment to the HAE community.”
Goldcorp Inc. (TSX: G), $47.78, +0.88, 1.88%, is making gains today on 2 million shares traded. The stock reached a high today of $48.31 hitting a low of $47.11. Goldcorp announced that its subsidiary company entered into an agreement with Newstrike Capital Inc. to sell its 21.2% interest in the Morelos gold project in Mexico for approximate value of $52 million. Goldcorp is a Canadian based company with operations in Canada, the United States, Mexico and Central and South America. The company’s gold production is 100% unhedged.
Gold Wheaton Corporation (TSXV: GLW), $0.385, +0.005, 1.32%, is the heaviest traded security on the TSX Venture today with slight gains of over 1%, trading at its day’s high hitting a low of $0.38. Two days ago the company announced the closing of its second draw down for CAD$50 million of the aggregate CAD$100 million debt financing. GLW has issued an additional 62.5 million warrants exercisable at CAD$0.50 per share for five years from the date of closing. The net proceeds of the financing are to be used for general corporate purposes. Gold Wheaton operates from the sale of gold and previous metals produced by others.
Great Basin Gold Ltd. (AMEX: GBG), $1.76, +0.08, 4.76%, is a mining company doing acquisitions, exploration and development of precious metal deposits. GBG is trading slightly under its high of $1.78 today, reaching a low of $1.69. Last month the company announced that it had closed its bought deal offering for estimated proceeds of $126.5 million. Recently GBG received the 2009 Environmental Excellence Award from the Northwest Mining Association for its Hollister Project in Nevada, USA.
Fresh Harvest Products Inc. (OTCBB: FRHV), $0.028, +0.008, 40.00%, is continuing to make gains today of over 40% with a spike in volume. FRHV operating as an organic food business distributing and marketing a line of organic food products, completed a Letter of Intent to acquire the assets of a privately held purveyor of organic and natural frozen foods. The company has over $1 million in revenues and its products are distributed to retailers across the USA.
About Picksthatmove.com
PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value. Please follow us on Twitter and Facebook for further investment updates. We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.
Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366
Copyright Business Wire 2009
2009-12-02 11:52:00
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