Money4Gold Holdings Inc. Rated ‘Speculative Buy,’ Target Price $1.17 By Beacon Equity Research
Money4Gold holdings Inc. (OTCBB: MFGD) has been rated Speculative Buy with a price target of $1.17 by Beacon Analyst, Victor Sula, Ph.D.
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In the report, the analyst writes, “The Company launched its business in a test phase in this year’s third quarter and achieved results exceeding expectations. Going forward, MFGD has begun print, TV and radio advertising. … MFGD’s business model allows the Company to capitalize on rising demand for recycled precious metals, avoid mining risk and minimize its overhead spending and cost structure.”
Other companies in the industrial metals & mineral industry include: BHP Billiton Ltd. (NYSE: BHP), Peabody Energy Corp. (NYSE: BTU), CONSOL Energy Inc. (NYSE: CNX) and Fording Canadian Coal Trust (NYSE: FDG).
Beacon Equity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts’ personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC, which has been compensated forty three thousand five hundred dollars from JMS Consulting as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our website, BeaconEquity.com, for complete disclosures.