Trulan Resources, Inc. (PINK:TRLR) Doubles on Resumed Promotion
The stock of Trulan Resources, Inc. (PINK:TRLR) this time responded positively to promotions, and it did not fail pumpers on Thursday, running up more thatn 80% to reach 2 cents per share. Added to this, the company released a preliminary estimation of its gold reserves, and this helped the noise. 
So far, TRLR has moved paradoxically, being mentioned day in, day out by paid promoters, but sliding from around 12 cents since the beginning of March. The press releases did not help either, although they coincided with the paid emails and increased the visibility of TRLR. The last drop to 2 cents may finally be seen as a price low enough and enticing enough to invite a record number of buyers. 
Nearly 75 million shares were mopped up from the market at what is rock-bottom price for now, and the next few days will show if TRLR is capable of taking a direction. So far, the company has tumbled significantly, while waiting to one day start finding and selling gold. But TRLR is somehow limited in its financial resources, which place the outlook in a dubious perspective. The filings with the OTC show:
- $1,000 cash
- $134,000 total liabilities
- Zero revenues
- $38,000 net loss
If we look closer at the announcements of TRLR, all one sees are tentative stories, preliminary agreements and educated guesses as to how much gold lies hidden in the ground. So far, there were no real agreements or transfers of funds, just preliminary talks, but that was enough to ignite interest in the stock.
We expect this to keep for a while, given that TRLR is down in the dumps and even revisiting the 10-cent level would have a significant impact for shareholders. This should be the hope of promoters, too, which received $410,000 for 39 paid promotions since the beginning of April. The latest email came from The Stock Psycho, a subsidiary paid by Stock Mister. Those two names should raise a bright red flag, since they contributed to some of the wildest promotions on our record.
Sadly, the outcome of such pumps is often sad, with the chosen tickers shedding most of their values within days of stopping the emails. A recent pick of Stock Psycho, IceWeb, Inc. (OTC:IWEB) spiked at the beginning of April when the emails were sent out, but went on to correct by 30%.
Be aware that pink sheet companies will ride the gold mining claim, promising certain revenues, but the disproportionate swing in stocks would happen way before those revenues are realized. Plan your losses accordingly and do not rely too much on the promises of Stock Mister and other pumpers.
