Signals Stuck in the mud

Signals

Stuck in the mud is the current stage of market.

Every time it tries to rally it gets pulled back in range. Every time it attempts breakdown , it gets pulled back in range.

The breadth on either up or down attempt is also low. So no major breadth thrusts on either side.

The large cap stocks are holding up well compared to the small cap stocks.

The Fed day did not produce any spark. The ECB also opted for no change in policy.

The market needs a catalyst for big move in either direction. Till then stuck in mud.

Oil BBDA - One of My Best Alerts Ever Forming Cup and Handle?

Oil

BBDA was an alert to my subscribers at $.0003/.0004 a share.  The stock recently hit almost $.02 a share.  Today the stock is still holding to gains and is looking very strong.

http://thepennystockgurus.com/articles/bbda-stock-soars-from-0003-0004-to-0144/

BBDA continues to maintain strong bid support, and could have formed a cup and handle.  This means this stock is poised to break to new highs?  We will soon find out.

Earn SRGE Continues It Strong Move Out Of Triple Zero's

Earn

Southridge Announces Record Mineral Production and Revenues for Fourth Quarter of 2012
DALLAS, TX, Sep 05, 2012 (MARKETWIRE via COMTEX) -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ('Southridge' or the 'Company') is pleased to announce that it has recorded milestone mineral production and revenues for the fourth quarter and year ending August 31, 2012, from its 60 ton per day (tpd) mill site at Cinco Minas in Jalisco, Mexico. In fiscal 2012, the Company processed over 9,000 tons of ore and recorded revenues of $3.14 Million.

Cinco Minas is the Company's flagship mineral property with a 60 tpd mill and 2 year supply of ore production currently on surface. In 2012, the Company confirmed the surface stockpile grades cited in the 2007 Behre Dolbear Report and released the planned expansion to increase the mill capacity to 500 tpd. Additionally, the Cinco Minas property has a world-class confirmed gold and silver resource of 235,000 oz. gold, and 23.3 million oz. silver with 80% of the known vein system at Cinco Minas has yet to be tested. Today's market value of the confirmed resource at Cinco Minas is well over $1 Billion USD, prior to the completion of further planned exploration to expand the resource.

'We are excited to announce our initial mineral production and revenues. It has been a challenging couple of years for both management and shareholders, since we first began our new Mexican gold and silver exploration and production initiative. Today's announcement of our record revenues clearly shows our undeniable success in making the Company's goals a reality,' expressed Southridge President & CEO, Michael Davies.

In other recent Company developments, the anticipated and long-awaited public update at the Mexican Mining Registry of the Cinco Minas mineral concession ownership being duly reflected in Southridge's name is now complete. Also, the Company had now engaged the necessary professional services to migrate and up-list the Company's reporting status back to the Over-The-Counter Bulletin Board. It is anticipated that this process will be complete before the end of 2012.

Additionally, Mathers Research has initiated research coverage of Southridge, with a 'Speculative BUY' Opinion and a near term price target of $0.20 cents per share. The Mathers Research report is available as a free download on the Mathers Research Website @http://mathersresearch.com/srge-report

For further information on the Company's Gold and Silver projects, visit our website, http://www.southridgeminerals.com

Southridge Investors can access the following Southridge Minerals social media channels:

YouTube Cinco Minas Mexico Project: (http://youtu.be/R6P8oght4Ik)

(http://youtu.be/o2LfLaSu8ww)

(http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466 ) (http://twitter.com/SouthridgeSRGE)

About Southridge Minerals, Inc. (PINKSHEETS: SRGE) Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.

What sets Southridge apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.

Forward-Looking Statements Although the Company believes that the forward-looking statement of beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's published current and periodic reports.

Signals Swing trading opportunities

Signals

Several stocks are breaking out and there are some nice setups showing up in our scans. Many stocks are going sideways during market consolidation and are now breaking out. 

Oil SAGD - Chart Looks Promising

Oil

Even with SAGD's 80%+ gain today, I think the stock has more room to rally.  With continued buying pressire the stock should break $.01 tomorrow and head into the weekend with some strong momentum.


South American Gold Expands Baltimore Silver Project
RICHMOND, IN, Aug 23, 2012 (MARKETWIRE via COMTEX) -- South American Gold (OTCQB: SAGD) is pleased to announce it has acquired two unpatented mining claims which expands its Baltimore Silver Mine project by forty acres.

The Baltimore Silver Mine is a former producing silver mine in a historic mining district located on private land in Jefferson County, Montana, at an elevation of approximately five thousand eight hundred feet above sea level. The company has signed a memorandum of Understanding to lease the mine with an option to purchase. The new unpatented mining claims acquired expand the project to a total of approximately one hundred acres, and an existing tunnel is on the property which will need rehabilitation.

--  The additional mining claims have been untested by modern drilling
    methods and technology, thus are considered an early-stage exploration
    prospect. Parallel structures have been identified to the south of the
    Baltimore Mine area according to initial evaluation.
--  Our initial exploration objective is to determine whether veins from
    the Baltimore Mine extend onto the newly-acquired claims.

Our recent site visit resulted in our consulting geologist identifying these unpatented mining claims for acquisition by location, and we have identified dumps from prior production activities that we intend to sample. For more information please consult our recently filed 8k on the project.

About South American Gold:

South American Gold Corp (OTCQB: SAGD) is an exploration mining company focused on the discovery, acquisition, exploration and development of gold and silver deposits in North and South America. Our strategy is to acquire a pipeline of mining prospects in historic mining districts to explore, develop or joint venture, with an objective of establishing commercial production. The company in the last ten months has acquired mining prospects in Arizona, Nevada, and Montana; and continues to consider projects in Colombia, Mexico and Southeastern Europe.

We have fewer than 80 million shares issued and outstanding, of which 2.5 million shares are held by current officers and directors.

Disclaimer

This release contains forward-looking statements that are based on beliefs of South American Gold Corp. management and reflect South American Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words 'estimate,' 'project,' 'believe,' 'anticipate,' 'intend,' 'expect,' 'plan,' 'predict,' 'may,' 'should,' 'will,' 'can,' the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of South American Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, South American Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10k, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. The company has limited financial capability to implement its business plan. The Baltimore Mine information is based on historic information, and the company has not conducted a preliminary economic assessment, nor has determined the costs of rehabilitation to gain access to historic production areas. There is no assurance of an economic deposit on the property, nor the capital required to be available for drilling, rehabilitation and infrastructure construction.

Investor Inquiries: 

1-765-356-9726
1-765-356-9737 (FAX)

Web Site: www.sagoldcorp.com

Email: info@sagoldcorp.com 

SOURCE: South American Gold

Oil SRGE Continues To Soar This Time On News

Oil

Southridge Announces Major Multi-Million Dollar Expansion of Cinco Minas Mill to 500 Ton per Day (tpd)

Marketwire   'Press Releases'
DALLAS, TX -- (Marketwire) -- 09/10/12 --
Southridge Enterprises Inc. (PINKSHEETS: SRGE) ('Southridge' or the 'Company') today announced it has begun a Multi-million Dollar expansion of its Cinco Minas Mill (CMM) located at Cinco Minas, Jalisco, Mexico. The new facility's high efficiency expansion will raise full production capacity to 500 ton per day (tpd), a more than 8 fold increase from the current 60 tpd production level, by the end of 2013.



The expanded CMM design and layout is complete and foundations are now under construction. All the major system components have been requisitioned and are confirmed for transfer and delivery to the Cinco Minas property. The required secondary facilities including buildings, electrical power, water and road access, are also nearing completion. Additionally, the CMM environmental permitting processes are moving forward rapidly and the Mexican Governmental Agencies have commented that they are satisfied with the progress and the diligent care demonstrated in the Company's environmental protocols and safety programs. The Company has taken a critical success factor approach in the planning of this major expansion of the Cinco Minas Mill by the commitment to maintaining current Gold and Silver production levels during the construction period. The CMM 500 ton per day (tpd) project, which will be developed and implemented in various phases over the following year, is scheduled for completion by November, 2013, at a total budgeted cost of $21-$23 million.



Southridge's recent $15.6 million financing, arranged within the European investment community through Duvernoi Capital Investments Inc. ('DCII'), has begun with the advance of the first tranche of $4.8 Million. The funds will be used exclusively for CMM 500 ton per day (tpd) Mill construction.



The CMM expansion is being led by Southridge's Engineering professionals and the Mill Assessment Committee (MAC). With Phase I already well underway, the project team has been carefully ensuring that quality, technology, safety and proficiency are incorporated into every aspect of the expansion. Southridge has already begun the hiring process to fulfill the construction manpower required with 18 new employees now in place. The Company expects to add another 35 employees, with a variety of skills and experience, to complete the construction workforce over the next year of the CMM expansion.



'We believe the factors driving long-term growth in Gold & Silver demand are unlikely to reverse,' said Company President and CEO, Michael Davies. 'The goal moving forward is to bring the Company's shareholders added value by increasing revenues, using economies of scale to reduce costs and expand our mineral resources through exploration.'



In conjunction with the mill expansion project, the Company hosted a several day visit of two research and mining analysts at the Cinco Minas -- Gran Cabreara Gold and Silver Mines. At Cinco Minas, the analysts attended the ground-breaking ceremony that officially launched the commencement of the 500 tpd mill expansion construction.



Southridge recently announced that the 2012 4th Quarter Earnings and Production values at Cinco Minas. In fiscal 2012, the Company processed over 9,000 tons of ore and recorded revenues of $3.14 Million. Subsequent to the completion of the 500 tpd facility in 2013 and assuming full capacity operations and stable metal prices and grades, the Company has projected its 2014 production revenues to exceed $60 Million.



In other recent Company developments, the anticipated and long-awaited public update at the Mexican Mining Registry of the Cinco Minas mineral concession ownership being duly reflected in Southridge's name is now complete. Also, the Company had now engaged the necessary professional services to migrate and up-list the Company's reporting status back to the Over-The-Counter Bulletin Board. It is anticipated that this process will be complete before the end of 2012.



Additionally, Mathers Research has initiated research coverage of Southridge, with a 'Speculative BUY' Opinion and a near term price target of $0.20 cents per share.



The Mathers Research report is available as a free download on the Mathers Research Website @ http://mathersresearch.com/srge-report.



For further information on the Company's Gold and Silver projects, visit our website: http://www.southridgeminerals.com.



Southridge Investors can access the following Southridge Minerals social media channels:

YouTube Cinco Minas Mexico Project:

(http://youtu.be/R6P8oght4Ik)

(http://youtu.be/o2LfLaSu8ww)



Facebook:

(http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466)



Twitter: (http://twitter.com/SouthridgeSRGE)



About Southridge Minerals, Inc. (PINKSHEETS: SRGE)

Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.



What sets Southridge apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.



Forward-Looking Statements

Although the Company believes that the forward-looking statement of beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's published current and periodic reports.

Contact:
Southridge Enterprises Inc.
Investor Relations
Tel. (214) 699-6255
Email: info@southridgeminerals.com
http://www.southridgeminerals.com

Source: Southridge Enterprises Inc.

Signals Mexico says G20 to look at smoothing capital flows

Signals Mexico says G20 to look at smoothing capital flows Mexican Finance Minister Jose Antonio Meade speaks during an interview with Reuters in Mexico City February 14, 2012. REUTERS/Henry RomeroView Photo Mexican Finance Minister Jose Antonio Meade speaks during an interview with Reuters in Mexico City February 14, 2012. REUTERS/Henry Romero MONTEVIDEO (Reuters) - Mexico will include possible steps to blunt the impact of sharp capital flows on the Group of 20's policy agenda after discussions with Latin American neighbors, Finance Minister Jose Antonio Meade said on Sunday. Mexico, which holds the G20's rotating presidency this year, hosted a seminar about G20 priorities on the sidelines of meetings of Inter-American Development Bank. The bloc's only Latin American members are Brazil, Mexico and Argentina. Meade said via his Twitter account that suggestions from the region would help to enrich the work of the G20, including a push to ease the impact of capital inflows and outflows and tools to administer flows better. One suggestion Mexico would take on board was to 'develop a better capacity to absorb financial flows in domestic financial systems,' he said. Many delegates at the IADB meeting have expressed concern about a recent move toward protectionism, particularly by Brazil, which last week pushed Mexico to curb auto exports over the next three years to boost its industrial sector, hit by an appreciating currency. Brazil blames loose monetary policy in developed economies for the foreign cash flows that have pushed up the real and unleashed a flood of cheap imports, hurting the competitiveness of Brazilian industries. Officials present at the Montevideo meeting said Uruguay, Paraguay and other countries had pushed for Mexico to make sure the G20 addressed currencies and trade barriers. 'Mexico was asked to raise issues of protectionism, exchange rates and capital flows,' Paraguay Economy Minister Dionisio Borda said. Meade told Reuters the G20 remained committed to combating protectionism and there was no intention to change this. 'In every G20 meeting what we have done is reconfirm the promise to combat protectionism, recognizing that this is a measure which does not contribute to global growth,' he said. In the G20 leaders' November communiqué, the group said multilateral trade was important as a way to avoid protectionism and called for more exchange rate flexibility. Protectionism and capital flows were not specifically mentioned in the communiqué following the G20 finance ministers' meeting in Mexico City in March, but Mexico has said one of its G20 priorities is economic stabilization. (Reporting by Krista Hughes and Guido Nejamkis; Editing by Maureen Bavdek)