Canadian Penny Stocks to Watch:
King's Bay Gold Corp. (TSX-Venture: KBG)
King's Bay Gold is unique in the industry in that it owns most of the equipment required to carry out the various phases of exploration. The Corporation is a very active Canadian mineral exploration company with mineral projects located in Canada's main gold camp - Red Lake, ON. Strategic properties include - (1) The Headway, a property located in Red Lake, ON (exploring for gold); (2) The Bobjo Mine, a past producing gold mine (exploring for gold and rare earth elements); (3) The Fort Frances property (exploring for PGEs and diamonds); and; (4) the relatively new Phyllis Lake property (exploring for rare earth elements).
Thallion Pharmaceuticals Inc. (TSX: TLN)
Thallion Pharmaceuticals Inc. is a biotechnology company developing pharmaceutical products in the areas of oncology and infectious disease. Thallion has three clinical programs at the Phase II stage of development. The two oncology product candidates include TLN-4601, a novel anti-cancer therapy targeting the RAS-MAPK pathway, and TLN-232. TLN-4601 is currently recruiting patients in a multi-centre, Phase II trials in Canada and the United States. Thallion's third product candidate, Shigamabs(R), is a dual antibody product for the treatment of Shigatoxin producing E. coli bacterial infections.
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