Todays Alert is SUBB We have something on our radar for tomorrows trading. Hurry and put SUBB on your radar. We went out on this one a little over a month ago and it roared out of the gate after closing the session before at .20. We saw a slow and steady move north as the session moved on. This one peaked out at almost .27 for a solid gain of 33%. Congrats if you were a participant. If you didnt, heres another perfect opportunity to check out SUBB. This one has been getting some MASSIVE coverage and come tomorrow at 9:30 all eyes are going to be on SUBB. We have no doubt that we are going to see another extremely heavy trading day for SUBB. This one just started trading after the first of the year and is coming off a recent high of .30. It has already started a reversal after bottoming out at .15. We think that a possible retracement is in effect and SUBB has the ability to move back towards .30. SUBB is a development company focused on the evaluation, acquisition, and exploration of highly prospective mineral properties. The Company uses state-of-the-art extraction and production technologies for the potential expansion, exploration, and exploitation of these properties. Do not underestimate SUBB, this Company is a mover and shaker – they have an option to acquire a 100% interest in a Chilean Maritime concession located in the area known as Bahia de Lota, Chile. SUBB also recently announced the signing of a letter of intent to acquire a producing Diamond Mine in the Central African Republic. Lota Bay (Bahia de Lota) Project: Lota Bay is located in the Gulf of Arauco, in the Municipality of Lota, Concepcion Province, Chile, South America. The project is a bituminous thermal coal deposit that lies on the sea floor to a depth of 10 meters and is directly adjacent to the shoreline of the bay, and is easily accessible by local industrial infrastructure, including a major dock and processing plant facilities. The concession is under exclusive option to SUBB, which has the right to acquire 100% of the project. The initial reserve calculations in zone 1 of the concession are 275,000 proven, and 90,000 probable, tonnes of recoverable bituminous thermal coal having the following characteristics: 6700 Kcal/Kg, has less than 1% sulfur, and contains 14% ash. Zone 1 of the concession encompasses 660,000 square meters of sea floor, where the coal rests in stratum, as well as two hectares of industrial land at the foot of the dock adjacent to the resource, where the land based coal preparation work will take place. All necessary infrastructure is in place on the site; grid power, water, sewage disposal, highway and rail access, as well as a ready labor force from the nearby city of Lota, population 52,000. The Lota Bay Coal Project has the support of the Chilean Government and the local community, which will benefit significantly from job creation as well as from environmental remediation and cleanup. Financial modeling shows conclusively that the recovery operation is economically viable and profitable at prevailing market coal prices and at the current proven resource level. On January 15 SUBB announced that management is moving forward with the acquisition of the Diamond Mine in the Central African Republic. According to the company, legal representatives of both organizations are working diligently on completing the acquisition agreement. We are glad to announce to our shareholders that we are now finalizing the acquisition agreement after long beneficial negotiations, said Tim Sperling, President and CEO of Suburban Minerals Corp. We want to assure our shareholders of our transparency and our hope is to continually provide updates on our progress, and or any delays which can occur with such a substantial acquisition. SUBB is in the right Sector; Precious Metals started 2014 with a Bang – Gold up big. Gold futures recently jumped by nearly $23 an ounce while silver prices led percentage gains among the precious metals following reports of physical buyers looking for bargains after the metals suffered their worst year of trading in decades. From a technical standpoint SUBB looks fantastic! The stock is just now starting to make an explosive move up running 10% on Mondays trade alone! Start your research and look for more before the bell.
Posted on: Tue, 04 Mar 2014 02:05:08 +0000
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