Today`s Alert is Panex Resources Inc. - DBGFHello Traders, I have spent the past couple of days researching the OTC Markets for a stock that has a similar set-up to some of my recent Winning Plays. After a lot of searching I have found DBGF! This play has a low float, a tiny market cap of $532,177 according to www.otcmarkets.com and it closed yesterday at $.0045! This play appears to hold insane profit potential and I am urging readers to start their research immediately. DBGF looks like it could easily provide Triple Digit if not Quadruple Digit Gains! Lets get into the details.About DBGF- Panex Resources Inc.Panex Resources Inc. (Panex), an exploration stage company, engages in the acquisition and exploration of mineral properties. The company intends to explore for commercially viable deposits of base and precious minerals, such as gold, silver, lead, barium, mercury, copper, and zinc minerals, as well as bulk commodity minerals, such as coal, iron, and potash.As we have seen time and time again exploration companies equates to one main prospect... Finding GOLD! DBGF recently announced exciting news that could quickly put this company on the radar of many potential investors! Panex signs MOU to Acquire 55% Interest in Giro Goldfields and Announces Capital RaisingPanex Resources Inc. (the "Company," or "Panex") (DBGF), is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Amani Consulting SPRL currently in Joint Venture with state entity La Socit Minire de Kilo Moto (Sokimo) to acquire a 55% interest in Giro Goldfields SPRL (Giro). Amani has a 65% interest and Sokimo has a 35% free carried interest in Giro which is comprised of two exploitation permits, PE`s 5046 and 5049, covering a surface area of 610sqkm. The permits lie within 20 - 30km west of Randgold/Ashanti`s 20Moz Kibali gold deposits. The Company also intends to raise capital via the issuance of approximately 500,000,000 shares at $0.001 cents per share. Preference will be given to loyal shareholders who wish to take part in the fund raising. The Giro Project is located within twenty-thirty kilometers to the west of Randgold Resources` multi-million ounce Kibali Gold deposits. Randgold and partners Ashanti commenced first production in September 2013 at a cost of US$1.7b and are expecting to produce 550,000oz of gold in 2014. Both projects occur within the Kilo-Moto Belt, one of the world`s principal greenstone belts which hosts Anglogold Ashanti`s deposits to the east, Loncore and Kilogold deposits to the south and 50Moz of gold discovered in Tanzania since 1994. The Giro Project area is underlain by highly prospective volcano-sedimentary lithologies in a similar structural and lithological setting as the Kibali gold deposits. Both primary and alluvial gold was mined from two main areas, the Giro and Tora areas, during Belgian rule and today these areas are mined extensively by artisanal miners. At Giro, a wide quartz vein with an average grade of 16g/t Au was mined within a shear potentially 2km long and 100m wide. Channel samples from the base of artisanal workings within the shear returned significant grades including 3.5m @ 36.6g/t Au and 8m @ 3.6g/t Au confirming the potential for significant grade and widths within the shear. Two Belgian pits located along a 4km west-east trending structure were mined at Tora. Historic focus was on high grade quartz veins which returned grades of 0.8m @ 21.6g/t Au, 0.6m @ 37g/t Au and 0.35m @ 485g/t Au from Belgian drilling. The area has not been explored for over 50 years (since the Belgian colonial era) and has never been subjected to modern exploration.The Company is targeting broad mineralised shear structures with excellent potential to host multi-million ounce gold resources from surface from at least 5 target areas within the project.Carefully Read The Full Release Here: http://finance.yahoo.com/news/panex-signs-mou-acquire-55-130706782.htmlMarket OutlookThe price of gold has increased significantly since 2002 and many experts claim that golds dramatic increase in price is still unfinished.The price of gold has reached record levels, surpassing $1,900.00 per ounce in the fall of 2011. Prices are expected to remain high; driven by increasing demand and overall limited supply of commercially viable producing mines.Globally, the ongoing political strife in many regions combined with increasing doubt of the major currencies (USD and Euro) has further fueled the worlds appetite for gold. Specifically, accelerating demand from India and China, increasing global uncertainty over economic recovery and an increase in electronics demand are keeping prices high. Supply has been falling as previous under-investment when prices were lower left no room for development of future sources. As the gap between demand and supply grows larger, the opportunity for investors in new sources becomes increasingly viable. DBGF released their recent release on 10/22nd and it does not appear that anyone is paying any attention to it. Trading on DBGF is virtually nonexistent, the 3 month average is 1,500 shares and the level 2 box looks very thin. With increased awareness to the company we could see a lot of momentum quickly develop as potential investors become interested in DBGF! This play could be an extremely fast mover so make sure you are prepared! You can continue your research at the company website here: http://panexresources.com/ ***Please sign up for my FREE Text Message list*** Emails tend to take too long to be received and my alerts immediately start gaining momentum when the market opens. By signing up to my text messages you will receive my alerts at 9:30am EST every time! 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