Thursday, June 14, 2012

Penny Stock Titan Resources Skyrockets +220%

Titan Resources International Corp. (PINK: TNRI) shares are seeing a huge rally in today�s trading. The penny stock reached a high of $0.05 in early trading, and at last check, it was up 207.69% to $0.0400, with volume up from daily average of 75,736 to 3.72 million. Titan Resources shares gained 300% in the last three trading sessions. The stock is currently trading above its 50-day and 200-day moving averages.

Titan Resources shares are soaring after the company reported the engagement of MPH Consulting Limited to further continue the exploration on its silver bearing Dinty Moore Property, which is located just outside of New Denver in British Columbia, Canada. Recently the company completed the preliminary analysis of the airborne survey conducted on the property. The airborne survey data will be further reviewed by MPH Consulting.

Commenting on the development, Bill Akrivos, CEO of Titan Resources International, said that the company is very excited to have the opportunity to work with Jeremy Brett of MPH Consulting. Akrivos further said that the company deliberately chose MPH for its solid reputation in the global exploration and mining community and is excited with its participation in the project.

Titan Resources International is engaged in the acquisition, exploration and development of small to medium size precious metals properties of exceptional merit. The company is based in Ontario, Canada.

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