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Author Topic: SBGX - Momo has Begun
BullzeBob
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SBGX issued 2 NEWS RELEASES - Last night issued ACQUISITION news, with DRILLING results:

http://biz.yahoo.com/bw/050427/276053.html?.v=1


ALSO - PROFILE beginning this morning for this company by PINKPICKS! - watch for CONTINUED MOMENTUM thru this week!

Broke thru .40 mark this a.m. - next stop is .50


Pinkpicks.com Announces Profile Launch of Stonebridge Resources Explorations Ltd.
Thursday April 28, 8:00 am ET


GRANGER, Ind., April 28, 2005 (PRIMEZONE) -- Ken Weiner, Publisher of Pinkpicks.com, today announced profile coverage of Stonebridge Resources Explorations Ltd. (Other OTC:SBGX.PK - News).The profile is a comprehensive look at the company's growth initiative . You can view the complete profile at http://www.pinkpicks.com/profiles/sbgx/index.php
About Stonebridge Resources Explorations Ltd.

Stonebridge has committed to an aggressive winter exploration program with systematic and targeted drilling to be formulated for on-shore drilling.

Stonebridge Resources Explorations Ltd. is a junior resource and exploration company concentrating in developing properties of merit in North America.

About Pinkpicks.com

Pinkpicks.com publishes profiles on up-and-coming publicly traded companies. Pinkpicks.com is owned by ************ Inc., one of the nation's top Internet destinations for small cap stock information. To feature your company, please call Ken Weiner, our publisher at (574) 273-8755 or email editor@pinkpicks.com.

Disclosure: Pinkpicks.com has been compensated by a third party fifty-thousand free trading shares for publication of this profile. Details can be found at http://www.pinkpicks.com

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mosbyone
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Bullzybob im in SBGX this morning, and like the action today charts pretty nice to boot.

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Anything I say about a stock is in my opinion only! Do your own DD before buying any stock.

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pennystock31
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SBGX recent high of .45 Looking for a nice breakout if we can break the .45 area
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mosbyone
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pennyprophet SBGX holding very well here mid day glade to see it stick in higher range

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Anything I say about a stock is in my opinion only! Do your own DD before buying any stock.

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BullzeBob
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Hey...I tracked down the SHARE STRUCTURE for SBGX.
Here's what they have listed - Tell me this thing won't have strong momentum, with this small a float!

Stonebridge Resources Exploration Ltd
(OTC pink: SBGX)
Equity Structure
Authorized 280,000,000 shares
Issued and Outstanding 160,000,000 shares
FreeTrading ~20,000,000 shares
Float 3,000,000 shares

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mosbyone
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3 Million float isn't anything to sneeze at

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Anything I say about a stock is in my opinion only! Do your own DD before buying any stock.

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mosbyone
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that float means volume should move this stock...and we got volume in the positive direction today so...2 + 2 = .......

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Anything I say about a stock is in my opinion only! Do your own DD before buying any stock.

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BullzeBob
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SBGX has eclipsed yesterdays' hod with a .43 print today on low
vol....holding strongly here, and would expect momentum to continue
for this stock.

Keep alerts on for any news over weekend, folks.

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BullzeBob
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I'm so prophetic!...NEWS JUST OUT A/H !

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.

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BullzeBob
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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.

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hometrader
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SBGX with all the nice news that has come out I think this stock could really move soon. It is on my radar.
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mosbyone
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keep it on your sceen cause volume will move it well

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Anything I say about a stock is in my opinion only! Do your own DD before buying any stock.

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pennystock31
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It has hit .45 this morning, if can break that this stock should take off. It is on my radar.
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BullzeBob
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SBGX Ask is now back to .46...
Hope everyone took advantage of the lunchtime dip!
This still should resume uptrend.
Looks likey they are keeping large spread now, to try and shake holders out.
You may want to try for entry between spread, before this stock really gets going.
Next stop .50 soon, imo.

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pennystock31
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SBGX has strong volume its @ the hod of .49.
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BullzeBob
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sbgx has added 4 mms now at bids of .41 or higher.

This stock had 1 mm before! Good things to come???

...and only 1 MM after yesterdays' .49 HOD - @ .55 - CLEAR SKIES AHEAD.

Looking at the lower bollinger band as it comes up higher, showing higher support levels. Nice! StochRSI getting ready to turn back up again after a drop and CCI looking to break 100!

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pennystock31
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SBGX has made some nice runs this week. Looking for the same today.
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BullzeBob
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Ask up on SBGX today - now @ .49, and a GREAT BUY here....fully expecting momo to resume, and should see it eat through the .50 area.
Once through, there is only 1 MM LEFT @ .55, then CLEAR SKIES AHEAD folks.
Opportunity be knockin'folks.

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hometrader
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SBGX is @ the hod of .49 with very low volume. When the volume picks up this stock is going to run. imo
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BullzeBob
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The DEAL is SEALED - NEWS OUT FOR SBGX After-Hours!

Press Release Source: Stonebridge Resources Explorations Ltd.

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.

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