Any Hidden Gems under 5$?

Question

Any Hidden Gems under 5$?

Answer 1

Vonage is a leading provider of VoIP internet broadband telephone services. VG  - Vonage Holdings Corp. (NYSE)

1.80

Answer 2

why do you care about the nominal share price?

unless you're dealing with penny stocks - companies which have fallen on such hard times that the actual stock certificate isn't worth the paper it's printed on - nominal price doesn't really tell you anything.

many multi-billion dollar companies trade for less than $5/share (Q and LVLT come to mind), but that really doesn't tell you anything about the companies.  and there are plenty of crappy companies that trade near $100, which doesn't mean anything, either.

companies can manipulate stock price through splits and the structure of dividends.  look outside of this meaningless box at the underlying companies - regardless of share price.  one share in a solid company might be trading anywhere from $1 to more than $100,000.  the price per share doesn't change this.

Answer 3

I totally concur with "what?" - share price is irrelevant in many ways - but since you asked:

Dia Bras Exploration

http://www.diabras.com/en/index.php

DBEXF on the US OTC, DIB on the TSX-V in Canada.

Around $0.35-$0.50 per share these days.  The company's worth as much just for its wholly-owned mill and drill rigs, and has two exceptional district-scale properties in Mexico, from just one of which (Bolivar) it is earning some ~$20 million in revenues annually (~$5-7 million net) from "pilot mining" of copper and zinc.  Both the Bolivar and Cusi (silver) properties are still largely unexplored.  Cusi historically yielded over 100 million ounces of silver from a number of old mines, but hasn't ever been systematically explored using modern methods.

Skygold

http://www.skygold.ca/

SKYVF on the US OTC, SKV on the TSX-V in Canada.

Around $0.65-$0.75 per share these days.  Has delineated a low-grade but economical gold deposit on its vast Spanish Mountain property in mining friendly British Columbia.  The deposit already has a confirmed 1.75 million ounces, with excellent prospects (in my opinion) for at least doubling that within a couple of years. The type of deposit - sediment-hosted gold - lends itself to large tonnage.

Disclaimer: I've held shares in both companies for several years.

Recent price background:  Both are down over 60% from their 2007 highs - not unusual for this entire sector. which has been hammered mercilessly over the last 7-8 months - yet have reported excellent exploration results at various points throughout that price slide.

Further cautionary advice: If you haven't ever bought a small ("junior") Canadian mining company's shares, I wouldn't advise this as your first under $5 purchase :-).  Even if you happen to be an experienced investor, you'll need to do your due diligence, only invest small amounts of money - that you'd be willing to lose outright - and only invest if you have a 3-5 year minimum time horizon.  If and when either company's shares might double in price, you're encouraged to sell half, to recoup your original investment, and hold only the rest. These aren't in the slightest a "get rich quick" investment.

Answer 4

avoid OTC unless they are moving to a new market.  Avoid pink sheets unless they are foreign blue chip stocks.

Maybe CDE or NINE