Tuesday, June 1, 2010

Watch List for Tuesday - SRGL

New big pick is SRGL.

You might remember SRGL. I did my first initial alert on this company back in late Feb at $0.815. A few weeks later SRGL hit a high of $2.03 representing a gain of 149% from my initial alert!!!

SRGL is currently off from it's high and the overall trend still looks strong.

View chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=srgl&sid=0&o_symb=srgl&freq=1&time=8

The price of gold is still holding above $1,214 an oz and I think you will agree with me that SRGL could go higher as gold goes higher.

If SRGL tests old highs it may break it and go even further!

SRGL recently announced they acquired 100% ownership of a total of 21 claims. These claims provide a total of total of approximately 12,440 acres spanning the townships of Beardmore Area (Kitto Township), Dorothea and Sandra townships.

The President of SRGL has stated, "We are very excited with the results from our initial trenching. The high grade gold and copper assay suggests that we have multiple zones to target and to expand further on our KRK West Property."
SRGL's major property is their KRK West Property. They own 50% of this property. This zone is 15 squares miles.

Back in March, Rimini Investments Initiated Coverage on Source Gold Corp. With a $2.73 Long Term Target Price.

Start your research on SRGL, as this one doubled very fast in the past and it may happen again very soon. Start at:http://www.sourcegoldcorp.com/



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