Posted on 17 August 2012.
Mining penny stock alerts are a relatively new addition to the investment world. Of course, mining alerts of various types have been around for centuries. Coal miners in the 1800’s would lower a caged canary into each mine shaft before descending themselves. If the canary was pulled up dead, it meant that there were poisonous fumes in the shaft. If the canary was still singing, it meant that the shaft was safe for mining. While canaries certainly saved the lives of many coal miners, however, they did nothing to help the portfolios of mining investors.
Today, there are a number of ways to keep track of your mining investments. Many online trading platforms offer free alerts that are sent directly to your inbox or smart phone. Essentially, these alerts will tell you whatever you want them to tell you. You can program the alert to track new stocks that you believe to be promising or you can program it to track investments that you have already made. Although mining penny stock alerts do not buy, sell or trade stocks for you, they will alert you to changes in the market and in individual stocks. They will let you know when the figurative poison gas is settling over a certain part of the market and they will let you know when it is safe to invest.
The main reason to use mining penny stock alerts is that the mining industry is booming. While many businesses are struggling in the current economy, commodities such as copper, gold and coal are in high demand. An alert will let you keep up with the market with little effort. You will not have to devote hours to tracking individual mining companies because the alert system will do the work for you. In short, mining penny stock alerts survey the market so that you can mine its riches.
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