StockBrainiac.com Active Watch List: - Sefe, Inc. (OTCBB: SEFE), Mustang Alliances, Inc. (OTCBB: MSTG), American Energy Devel...
April 11 2012 - 08:20AM
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finding companies ripe for a profitable turnaround or a technical
breakout, and today announces four stocks to watch closely.
- Sefe, Inc. (OTCBB: SEFE)
- Mustang Alliances, Inc. (OTCBB: MSTG)
- American Energy Development Corp. (OTCBB: AEDC)
- Sunpeaks Ventures, Inc. (OTCBB: SNPK)
Breaking News Alert: Mustang Alliances,
Inc. (OTCBB: MSTG) To Expand Concessions. Mustang (OTCBB: MSTG)
announced that its Honduran affiliate has applied to the Honduran
Ministry of Mines (DEFOMIN), for nine new Concessions totaling
9,000 hectares, in the Southern Honduras area of the Nicaraguan
Trough Gold Belt. According to a 1997 report by the Entres-Mares
Joint Venture between Battle Mountain Gold and Mar-West Resources,
the new Concessions appears to contain "stacked epithermal quartz
zones with enhanced Au (Gold), Ag (Silver) and Cu (Copper)
mineralization." Previously completed surface samples in pits and
trenches returned in excess of 10g/t Au values. Upon final approval
from DEFOMIN, the company will incorporate the additional acreage
into its 2012 exploration and development plans.
"The addition of potential nearby ounces coupled with an
aggressive exploration program dovetails very well with our
production plans for the Company," Robert Faber, Mustang's (OTCBB:
MSTG) president commented: "This increases the scale potential of
our already significant targets and adds more highly prospective
ground to our portfolio. It also further positions us to be a
consolidator by extending coverage over the heart of the Choluteca
District which we believe has the potential to become one of
Honduras' major gold producing areas."
Breaking News Alert: American Energy
Development Corp. (OTCBB: AEDC) Confirms Spud Date for the New
Cremer 1-1 Well on the Dansville Prospect. American Energy
Development (OTCBB: AEDC) received notification of the arrival date
of the drilling rig and proposed spud date for the Cremer 1-1, on
the 1,343 acre Dansville Prospect in Southern Michigan.
With dirtwork on the site location underway in preparation for
the start of drilling, the drilling rig has been secured to arrive
on the 1,343 acre Dansville Prospect with a spud date for the week
commencing April 16th, targeting the Niagaran oil reef
structure.
Historical records of the Niagaran reef production in Michigan
confirm over 4,200 wells being drilled targeting reef formations,
and producing a total of 472 million barrels of oil and 2.8
trillion cubic feet of natural gas, with development of reef trends
driven by Royal Dutch Shell, BP and ExxonMobil. According to a
recent USGS report on the basin, the recoverable reserves are in
excess of 1.8 billion barrels of oil, and 17 trillion cubic feet of
natural gas.
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American Energy Development Corp. Please read our report and visit
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OTCBB:SEFE OTCBB:MSTG OTCBB:AEDC OTCBB:SNPK