Petaquilla Minerals Ltd. (OTCBB:PTQMF) reached up 49.45% in morning trading to $.544 with 400K shares traded. Petaquilla is a growing, diversified gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates a surface gold processing plant at its Molejon Gold Project, located in the south central area of its 100% owned 842 square kilometer concession lands in Panama - a region known historically for gold content. In addition, the Company has exploration operations at its wholly-owned Lomero-Poyatos project located in the northeast part of the Spanish/Portuguese (Iberian) Pyrite Belt and several other exploration licenses in Iberia. Petaquilla Minerals Ltd. (PTQMF) yesterday reported that a resource and reserve estimate has been completed by Behre Dolbear & Company (USA) Inc. ("Behre Dolbear") for the Botija Abajo deposit, associated with its Molejon gold operations.
Southridge Enterprises Inc. (PINK:SRGE) reached up 37.50% in morning trading to $.0033 with 70M shares traded. 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. Southridge Enterprises Inc. (SRGE) yesterday announced 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.
Radian Group Inc. (NYSE:RDN) reached up 15.15% in morning trading to $3.81 with 4M shares traded. Radian Group Inc. headquartered in Philadelphia, provides private mortgage insurance and related risk mitigation products and services to mortgage lenders nationwide through its principal operating subsidiary, Radian Guaranty Inc. These services help promote and preserve homeownership opportunities for homebuyers, while protecting lenders from default-related losses on residential first mortgages and facilitating the sale of low-downpayment mortgages in the secondary market. Radian Group Inc. (RDN) yesterday announced that S.A. Ibrahim, chief executive officer, will be presenting at the Barclays Global Financial Services Conference, which is being held at the Sheraton Hotel in New York, on Tuesday, September 11, 2012 at 9:45 a.m. Eastern time.
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