{"id":3099,"date":"2013-11-05T15:13:19","date_gmt":"2013-11-05T15:13:19","guid":{"rendered":"\/?p=3099"},"modified":"2013-11-05T15:13:29","modified_gmt":"2013-11-05T15:13:29","slug":"first-liberty-power-corp-otcmktsflpc-continues-to-peak","status":"publish","type":"post","link":"\/articles\/first-liberty-power-corp-otcmktsflpc-continues-to-peak\/","title":{"rendered":"First Liberty Power Corp. (OTCMKTS:FLPC) Continues to Peak"},"content":{"rendered":"<p> First Liberty Power Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a>) is at the peak of its 2013 trading, currently at $0.047. Nearly 10 million shares were mopped up, as buying increased in the past four days. Of course, it&#8217;s no wonder <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> would be so active, given that the company is boosted by a small promotional campaign, plus a widespread PR effort, outlining a bright mining future. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/FLPC1105.png\" border=\"0\" alt=\"FLPC1105.png\" title=\"FLPC1105.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> is a call back to a penny stock fad from the past months, where small cap companies competed to present mining prospects of rare minerals- all on American soil. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> claims it has started antimony mining, by recovering a mine unused since the 80s. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/GRPH1105.png\" border=\"0\" alt=\"GRPH1105.png\" title=\"GRPH1105.png\" width=\"350\" height=\"156\" \/><\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> is also a Stock Aviator alert, with investors&#8217; message boards expecting more buying as the company is on an upward spree, and still accessible enough at those price levels. In addition to the general hype, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> was mentioned by SmallCap Specialists, among other tickers, as a noticeable mover in the past days. Lions of WallStreet sent off an email for a $2,500 compensation.<\/p>\n<p>For <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a>, the sharper the trend, the bigger the chance at a reversal. For now, the company has survived well for a few days without new updates, the general mood on forums is positive. Yet despite the first blast on the mine, the financials seem a bit underwhelming, and even deficient for a longer mining operation:<\/p>\n<ul>\n<li>cash: $7 thousand <\/li>\n<\/ul>\n<ul>\n<li>current assets: $19 thousand <\/li>\n<\/ul>\n<ul>\n<li>current liabilities: $1 million <\/li>\n<\/ul>\n<ul>\n<li>no revenue <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/FTTN1105.png\" border=\"0\" alt=\"FTTN1105.png\" title=\"FTTN1105.png\" width=\"350\" height=\"156\" \/><\/li>\n<\/ul>\n<ul>\n<li>quarterly net loss: $450 thousand <\/li>\n<\/ul>\n<p>With those strengths and weaknesses, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FLPC\">FLPC<\/a> promises to mine lithium, antimony, vanadium, uranium, and graphite. Those are in-demand metals used in batteries, mobile devices and others- and for some, the US is mostly an importer, since domestic mining has proven too expensive.&nbsp;<\/p>\n<p>Graphite was especially salient, pushing several penny stocks to peak, boosted by promotions. One of those was Graphite, Corp.(OTCMKTS:GPRH), bursting to activity at $1, only to start losing on the promotion, sliding to about 7 cents since the end of 2012.&nbsp;<\/p>\n<p>A few days ago, First Titan Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FTTN\">FTTN<\/a>) was all the hype, until it failed to scale the $2.50 levels, and slid back. The company promised great oil and natural gas returns, but it turned out it was only operating a small well with insufficient production, and all the stock momentum was due to speculative interest and disproportionate enthusiasm. The ticker almost touched $2, but in a few days slid back to $1.30.&nbsp;<\/p>\n<p>If you believe those companies more solid because of the mining prospects, think again- the shares usually move in disproportion to the company&#8217;s real achievement. It is best to stay away unless you can estimate how not to be hurt by the inevitable corrections that follow the periods of growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First Liberty Power Corp. (OTCMKTS:FLPC) is at the peak of its 2013 trading, currently at $0.047. Nearly 10 million shares were mopped up, as buying increased in the past four days. Of course, it&#8217;s&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[56,293,71],"class_list":["post-3099","post","type-post","status-publish","format-standard","hentry","category-news","tag-flpc","tag-fttn","tag-grph"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3099"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3099\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}