{"id":3293,"date":"2013-11-28T15:13:22","date_gmt":"2013-11-28T15:13:22","guid":{"rendered":"\/?p=3293"},"modified":"2013-11-28T15:13:42","modified_gmt":"2013-11-28T15:13:42","slug":"trio-resources-inc-otcmktstrii-sold-off-despite-damn-good-penny-picks-email","status":"publish","type":"post","link":"\/articles\/trio-resources-inc-otcmktstrii-sold-off-despite-damn-good-penny-picks-email\/","title":{"rendered":"Trio Resources, Inc. (OTCMKTS:TRII) Sold Off Despite Damn Good Penny Picks Email"},"content":{"rendered":"

Trio Resources, Inc. (OTCMKTS:TRII<\/a>) would not have arrived to our attention, if it was not for the $117,000 email campaign, with the latest reminder from Penny Stock Newsletters and Damn Good Penny Picks. But the activity created by the promoters ended up dragging the shares down. TRII<\/a> lost more than 32% to $0.0665, on dollar volumes of above $214,000. Now, TRII<\/a> faces the long weekend on a downward note. \"TRII1128.png\" <\/p>\n

TRII<\/a> was also active in the past month with a series of PR messages explaining its plans and efforts to find precious metals, mineral water and other resources. In this, TRII<\/a> recalls many other penny stock companies that give themselves an air of legitimacy by promising mining operations. \"NVGC1128.png\"<\/p>\n

But with 44 emails already, starting back in October, the gold and minerals mining may not be the main news around TRII<\/a>. And despite the promotion, this ticker slid down from touching the 40-cent levels to the current range around 7 cents that it has kept for a while. We may safely assume that the promoters have little more to offer. Yet TRII<\/a> is underpriced enough to invite more buying- without any promise of a recovery.<\/p>\n

Just one look at the balance sheet is quite enough, to see that despite the plans and reforms, TRII<\/a> only has:<\/p>\n