{"id":3301,"date":"2013-11-29T14:12:03","date_gmt":"2013-11-29T14:12:03","guid":{"rendered":"\/?p=3301"},"modified":"2013-11-29T14:12:05","modified_gmt":"2013-11-29T14:12:05","slug":"titan-ore-corp-otcbbtfer-loses-fifth-but-seen-as-buying-opportunity","status":"publish","type":"post","link":"\/articles\/titan-ore-corp-otcbbtfer-loses-fifth-but-seen-as-buying-opportunity\/","title":{"rendered":"Titan Ore, Corp. (OTCBB:TFER) Loses Fifth, but Seen as Buying Opportunity"},"content":{"rendered":"<p> Titan Ore, Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a>), a long-defunct pump, made something of a return in the short trading week leading up to the holidays. Still, just ahead of the long weekend, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a> was sold off on dollar volumes of above $134,000, losing 20% to $0.004. The rise toward the penny levels happens after <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a> was wiped out in the aftermath of paid promotions, sliding down more than 95%. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TFER1129.png\" border=\"0\" alt=\"TFER1129.png\" title=\"TFER1129.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>The company released its new financial data on November 27th, but so far nothing interesting is to be seen. The same basic deficits remain: <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/NVGC1129.png\" border=\"0\" alt=\"NVGC1129.png\" title=\"NVGC1129.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>$12,870 cash<\/li>\n<\/ul>\n<ul>\n<li>$1.7 million total assets, incl. Mining asset valuations<\/li>\n<\/ul>\n<ul>\n<li>$1.85 million total liabilities<\/li>\n<\/ul>\n<ul>\n<li>Zero revenues<\/li>\n<\/ul>\n<ul>\n<li>$637,027 net loss, $6.1 million accumulated net loss<\/li>\n<\/ul>\n<p>True, the market value of the company shrank to a miniscule $244,000, but even this is too much for a miner that still has not achieved any mining. Still, there may be an overselling opportunity, and double-zero tickers are attractive for their fast growth due to accessibility. After the long weekend, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a> may yet make a move.<\/p>\n<p>Investors&#8217; forums remain cautious, yet allow the opportunity for a recovery, and see <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a> as something of a wary buying opportunity. And in the past, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a> has shown fast reaction to paid promoters. At those prices, an email could explode the price upward- but this would not add any more substance to the company.<\/p>\n<p>Mining stocks are always to be found among the most actively traded OTC offers. A recent mover with a rich promotion was First Titan Ore, Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FTTN\">FTTN<\/a>), which was exploited mostly for the stock&#8217;s momentum, and now is in a selling downward spiral.<\/p>\n<p>Nevada Gold Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NVGC\">NVGC<\/a>) also has a facade of solidity and promises of mining gold and silver, but despite the higher tier remains shaky. The promoted stock is currently stagnating around the 41-cent levels.<\/p>\n<p>We have not visited <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a> for a while, and in the lower price range, the ticker has turned into a whole new game. If you still see the tiny market cap as a buying indicator, keep in mind that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TFER\">TFER<\/a> is a risky position which could wipe out value easily, a 20% slashed off at the drop of a hat.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Titan Ore, Corp. (OTCBB:TFER), a long-defunct pump, made something of a return in the short trading week leading up to the holidays. Still, just ahead of the long weekend, TFER was sold off on&#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":[293,1112,371],"class_list":["post-3301","post","type-post","status-publish","format-standard","hentry","category-news","tag-fttn","tag-nvgc","tag-tfer"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3301","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=3301"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3301\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}