Dhanoa - Small Cap, Penny Stock or Zero Job

As many readers of this blog know, we beat up the Dhanoa Minerals story pretty well on this blog over the past few weeks. Mr. Balak, Company's CEO made this statement back in 2004 after resigning as CEO of Power Technology Inc.

Click Image to Enlarge
For those of you who may unfortunately not be able to read the image, Mr. Balak said:

It is time for the company to be led by a CEO with the experience to profitably commercialize

Today, Power Technology trades at $0.015. From a man who in his own words did not have the experience to profitably commercialize, look at how much progress we made:

Dhanoa Minerals Announces Expansion Plans to Acquire Adjoining Gold Producing Properties

Dhanoa Minerals President and CEO Increases Personal Investment in Company's Latest Round of Financing

Dhanoa Minerals Modernization Effort Producing Additional Revenues of $5,500,000 From ''Tailings''

Modernization Project for Dhanoa Minerals Shows Immediate Results

and it goes on and on and on. My, what progress Mr. Balak has made in just 3 short years.

Dhanoa Minerals Ltd. - (DHNA:OTCBB)

Dhanoa Minerals is still being pushed by many touts across the Internet. That's the positive. The negative is that the stock has taken a big hit recently. The company announced that the workforce increased to 180 miners to increase the production of gold and silver. Here's a 90 day chart to see how much this stock has fallen.


Stock Chart Courtesy of BigCharts.com

Will the Real President of Dhanoa Minerals Please Stand Up?

Let's play, 'Google your CEO', a game specifically targeted for investing adults throughout the world. It is the work of a braintrust that was created to assist lazy investors in doing the least amount of research possible to potentially avoid a disaster.

Using a public company that leads the league in stock promoters, we decided to play the inaugural game of 'Google your CEO', a new game brought to you by your friends at Small Cap Stocks Blog.

In this case, we visited Google and decided to Google (sorry, it's a noun and a verb) Lee Andrew Balak, President of Dhanoa Minerals. Here are the results.

We also Googled Lee Balak. Here are the results.

Lee Andrew Balak is not a common name so, "Would the Real Lee Andrew Balak Please Stand UP?"

Hint on Playing Google your CEO

When you Google your CEO and the biography states no specific job titles for 10-30 years although the research tells you that he was a wonderful businessman with high level positions in no named companies, YOU ARE WINNING