Penny gold mining stocks can return tremendous profits as the price of gold moves higher. Bonanza Goldfields, BONZ, is one stock to invest in here. The company's new C.E.O. was a director at the
U.S. Mint. Gold production is expected to begin soon at the company's Tarantula site.
Dr. Madan Singh is one of the world's top mining engineers. He was the recent head of Arizona's Department of Mining and Mineral Resources and is now in charge of setting up gold production at the company's Tarantula site.
The announcement that gold production has started could move the share price to the .25 range. Read the recent Yahoo news.