Goff Corporation (PINK:GOFF) gets a new director after shares surge on paid promotions

by Darcie | Tuesday, Mar 19, 2013 | 469 views

Boston, MA, 03/18/2013 – Goff Corporation (“Goff” or “the Company”) (PINK:GOFF) shares surged more than 119% today to close at $0.285. More than 263M shares exchanged hands today after a paid promotion was launched by Victory Mark Corp. Ltd, Degroupa Tenner Morales Media Corp and TopSecretPennyStocks.com. Immediately after this promo, the company announced news after the market closed. According to the press release, Goff Corporation has appointed Manuel Hernando Vasquez Serna as a Director effective March 18, 2013.By appointing Mr. Manuel, the company believes that his experience on contract drilling and land development for a variety of mining companies, energy companies and consortiums carrying out large-scale contracts in his native Colombia through his company Explotarcol Ltda would be able to contribute considerably to the company’s progress.

Goff Corporation is a U.S.-based public company. Its wholly owned subsidiary, Golden Glory Resources S.A. is engaged in gold exploration with a view to developing highly prospective gold projects. The Company’s primary interest is the LGC15011 or “La Frontera” Gold Project in Aguadas, Dept. Of Caldas, Colombia. The project is being assessed for its potential as a low-grade, large bulk tonnage gold and silver prospect. Colombia is currently one of the leading gold mining areas in the world producing over 55,509 kilograms of gold (2011), primarily from the region where Goff’s subsidiary Golden Glory Resources holds leases on the La Frontera Property.

Shares of GOFF managed to close at its 52 week high of 0.36 within minutes of the announcement of the paid promotions. Earlier, on March 15th, the company had also announced that Goff Corporation (“Goff” or “the Company”) (OTCQB:GOFF) through its wholly owned subsidiary Golden Glory Resources S.A. (“Golden Glory”), has acquired 100% interest in mineral leases in the Aguadas, Department of Caldas, Colombia area – a region well known for multiple gold discoveries within the past several years as Colombia has opened its doors to global mining interest.

It would be interesting to see if GOFF holds on at these prices or goes south unlike any other major promo pumps.

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