US Tungsten Corp (OTCMKTS:USTU, USTU message board) picked up the pace around Jan. 7 and has registered significant growth since then. Although multiple twenty plus percent jumps may seem like an impressive achievement at first glance, in fact they aren't.

As an elaboration to the previous statement, it should be made clear that USTU is presently on the receiving end of a rather expensive and extensive paid pump. The tout is led by the notorious promoter Pennystocks.com, who has received ample compensation for the promotion and will continue pumping the company for a month. Five e-mails have already been sent to potential buyers, and it is safe to assume that we'll be seeing more before long.

The pumps pretty much account for USTU's ascent from $0.14 to $0.271 in just three sessions. That much is obvious, since the 10-Q the company filed on Jan 21, certainly couldn't be the thing that's pushing the ticker up. The report covered the quarter ended Nov. 30, 2013 and contained the following figures:Long story short – net loss has increased more than 60 times YoY, cash on hand has dropped by a factor of four, while current liabilities have more than doubled. Not an appealing picture, especially if you consider the fact that the company has no operations, and is not likely to start generating revenues any time soon.

The slow progress of the geophysical survey they are conducting at the Calvert Project site in Montana certainly does seem to be delaying any commercial success they might eventually have. What kind of research USTU could be performing with just $31 thousand in hand is another question. Meanwhile the company's expenses and loss are getting stacked higher and higher.All of this information should clearly mark USTU as a clear “high risk investment”. Buyers are, once again, advised to do proper due diligence before committing to any stock or buying in on hyped-up emails landing in their inbox.

Another company that's on the rise is Creative Edge Nutrition Inc. (OTCMKTS:FITX), who made a 34.5% jump just yesterday.

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