DALLAS, July 1, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Greenwood Gold Resources Inc. (OTCBB:GGRI). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/GGRI
Greenwood Gold Resources Inc. (GGRI) is a junior exploration company focused on exploration for gold and other valuable minerals deposits in Canada and the United States. The Company is focused on acquiring, developing and joint venturing with other junior or major gold mining companies with properties within North America. GGRI has developed a set strategy to acquiring gold and other valuable mining properties following several key investment criteria. It intends to look for assets ranging from grass roots exploration to near production.
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In the report, the analyst notes:
"Shares of GGRI racked up a 347% gain in Monday's trading after the junior exploration company announced the purchase of a 100% working interest Option from Candorado Ltd. in Calgary, Alberta. The property is situated in the Quesnel Terrane and the exploration target is an alkalic copper-gold porphyry deposit."
"GGRI reported a net loss of $210,252 for the three-month period ended March 31, 2011, compared to a net loss of $6,629 reported for the three-month period ended March 31, 2010, an increase of $203,623."
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