posted
SBGX is @ the hod of .42. I am watching this stock. Looks to be some momentum coming in
BullzeBob
posted
I gotta think that after holding up so nicely yesterday, and through today, that we will see a resumption of momentum next week.
Check the chart! - an UPTREND is forming.
I see this stock to run well as a SWING-PLAY, and I do expect that after being PROFILED yesterday - we can expect something further to come out for this company.
They have been in the process of putting together ACQUISITIONS, and indeed - that is their stated business objective. The stated DRILLING RESULTS certainly don't hurt either!
BE ON WATCH....and take advantage of next news release.
Stonebridge Signs LOI to Acquire 50% Interest in Mining Claims of 6070205 Canada Inc. Friday April 29, 4:01 pm ET
CARSON CITY, Nev.--(BUSINESS WIRE)--April 29, 2005--Stonebridge Resources Explorations Ltd. (NQB:SBGX - News), has entered into a letter of intent with 6070205 Canada Inc. to Acquire 50% interest in the mining claims of their property in Northern Ontario, 15 km N.W. of Kirkland Lake. The property was explored previously by a number of companies and previous drilling indicated geology finds that are favorable for a potential large sulphite deposit.
The initial drilling done in 1998 indicated zinc mineralization in a number of drill holes, varying from 0.6 meters of 4.4% zinc and 1.76% zinc over 4.6 meters, 1.33% zinc over 4 meters.
In the year 2002 a megatem airborne survey was conducted over the property identifying several areas of interest. A confirmation of the geophysical result from the airborne survey was obtained by a ground geophysical survey that identified the down plunge extension of the previous drilling. It was recommended that a 3 drill hole program for a total of 500 meters be undertaken.
Harold Pizel, Stonebridge Resources President, said; "This agreement signed once again shows our strong belief and commitment to the mineral rich Northern Ontario region, we are excited about the opportunities ahead."
Stonebridge Resources Explorations Ltd. is a junior resource and exploration company concentrating on acquiring and consolidating large advanced exploration-stage companies with near term production potential and future growth potential and acquiring this growth initiative in a profitable and socially responsible manner.
Safe Harbor
The foregoing contains forward looking statements. For this purpose any statements contained in this document that are not statements of historical fact may be deemed to be forward looking statements. Without limiting the foregoing, such words a "may", "will", "believes", "estimates", "continue", or comparable terminology intends to identify forward looking statements. These statements by their nature involve substantial risks and uncertainties and actual results may differ materially depending upon a variety of factors stated in the Company's filings with the Securities and Exchange Commission.
posted
SBGX,These guys are on the PR ball lately.2 acquisiton news releases and a recent profile.This float is icredibly low.3 Million!.I tell ya,If we get some momo this week,especially after fridays news after the bell,it could get interesting in a hurry.Stock has been holding well in this area.Looks like a nice support area.Has had a little uptrend going also.Not a pop and drop.
BullzeBob
posted
Like how SBGX is holding up with little trading. Former .40 resist. is now SUPPORT...tried to shake holders earlier on .37, didn't work. Bid back to .40 now....lol
That was GREAT news after-hours Friday for Stonebridge...they're acquisition-crazy, and positioning themselves very well for to make some healthy profits.
My guess is all are holding, as increased REVs are anticipated soon upon FINALIZATION of acquisition!
Good buy at this level 4 both short and long-term, and with the low float listed for this stock, I'm anticipating strong movement when further news comes soon.
pennystock31
posted
SBGX buys are coming in. hod of .45 now
BullzeBob
posted SBGX - holding the .40 line well the last several days- uptrend to resume soon. .47 Ask now, next target .50, and should move easily past with volume. Great entry here before next move, imo.
Keep news alerts active for this stock..... I have a feeling more acquisition news likely.
hometrader
posted
SBGX is moving now big buys are coming in it is back up to the hod of .48
mosbyone
posted
SBGX having a very nice day when volume kicks in as i said YeeeeHaaaaw
mosbyone
posted
SBGX almost .50 what a great day for it, super volume also.
pennystock31
posted
SBGX is starting to bounce back it is @ the hod of .44
BullzeBob
posted GREAT NEWS for SBGX After-Hours! - The DEAL is now SEALED!....Watch for revenues to come soon - READ ON:
Stonebridge Resources to Begin Drilling Immediately on New Property Acquired in Northern Ontario Wednesday May 11, 4:15 pm ET
CARSON CITY, Nev.--(BUSINESS WIRE)--May 11, 2005--Stonebridge Resources Explorations Ltd. (NQB:SBGX - News), today announced that the Company has consummated its agreement with 6070205 Canada Inc. to acquire 50% interest in the mining claims of their property in Northern Ontario, 15 kilometers northwest of Kirkland Lake. The drilling equipment has been moved to the site in Northern Ontario and the first phase of the drilling program will commence immediately. The property was explored previously by a number of companies and previous drilling indicated geology findings that are favorable for a potential large sulphite deposit.
Initial drilling and testing performed in 1998 indicated zinc mineralization in a number of drill holes, varying from 0.6 meters of 4.4% zinc and 1.76% zinc over 4.6 meters, 1.33% zinc over 4 meters.
Stonebridge Resources Explorations Ltd. is a junior resource and exploration company concentrating on acquiring and consolidating large advanced exploration-stage companies with near term production potential and future growth potential and acquiring this growth initiative in a profitable and socially responsible manner.
posted