CVRG has been one of the “Stocks We Love” since .02. In looking at this stock over the last several sessions we here at The OTC Times believe that the stock is getting serious about starting a new uptrend. Further confirming our thoughts about the uptrend is the fantastic after hours news the company released on Friday. Here are a couple of snippets from the full news release.

The Company acquired 100% of the Eagle Nest Mining Property, which is comprised of 25 lode type mining claims totaling approximately 256 hectares (633 acres) in the Buckskin Mountains, La Paz County, Arizona, a well known and historical mining district.

"The veins are consistent with the epithermal, detachment fault type of lode gold deposit commonly found within Arizona." Mr. Hawkins states. "Detailed prospecting of the remaining property area, staking additional claims and undertaking a diamond drill program is recommended to determine the extent of the economic potential."

"Laboratory analysis confirmed that the main and south zones at the Eagle Nest Mining Property are hosts to gold, silver and copper mineralization." Mr. Hawkins concludes, "Values are high enough to be of economic potential."

As always, investors are encouraged to perform your own due diligence. A few places we like to look to find worthwhile due diligence include:

• Company Website — http://www.convergeglobalinc.com/
• Recent Press Releases — http://finance.yahoo.com/q/h?s=CVRG.PK
• Public Filings/Information — http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=cvrg#getCompanyInfo 
• Public message boards (performing a Google search should yield several results)

In looking at the CVRG chart for the last 2 months, we notice that the .033 level has been tested at least 3 times. We think that if CVRG manages to break this resistance this week we should see a decent move higher. We think investors looking for near-term gains should give CVRG a close look right now!