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.
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 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.
Investor Inquiries: 1-765-356-9726 1-765-356-9737 (FAX) Web Site: www.sagoldcorp.com Email: email@example.comSOURCE: South American Gold