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I'm thinking a bit if a shake., baiting some shorts as well. Lets see how well it recovers.
That's usually what happens during a paid pump. Doesn't mean it's not a good play, just don't be holding when the music stops.
SUSA has a paid pump in process and the CEO is selling stock?
MERCHANT CHARLES H
2. Issuer Name and Ticker or Trading Symbol
SOUTHERN USA RESOURCES INC. [ SUSA ]
5. Relationship of Reporting Person(s) to Issuer
Chief Executive Officer
(Last) (First) (Middle)
765 MOUNTAIN VIEW ROAD 3. Date of Earliest Transaction
1/22/2013
(Street)
ASHLAND, AL 36251
4. If Amendment, Date Original Filed
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock 1/22/2013 S 2974664 D $0.0001 26025336 D
Common stock 1/22/2013 S 500000 D $0.0001 25525336 D
Common stock 1/22/2013 S 141818 D $0.0001 25383518 D
Common stock 1/22/2013 S 141818 D $0.0001 25241700 D
I also received the same brochure in the mail today. Says profits could hit $285,800 a day and gold is heading to $5,000!
Great write another article please
From Aim High Profits~SUSA | Traders Striking It Rich With Southern USA Resources
The penny stock of Southern USA Resources Inc. (SUSA) ended another solid week of nothing but “green” closes as it is slowly making its way to the top 10 traded list. Shares of the Alabama based gold miner set another year-to-date high on Friday after SUSA stock again closed at its HOD. With mining equipment on site and being tested, making modifications to prepare for its gold production for 2013, the entry level positions off our initial coverage have provided gains thus far of 33.87%.
Our Next Pick Is Coming Soon! Click HERE To Make Sure You Don’t Miss Any Of Our Breaking Alerts!
SUSA Stock Chart
Market Cap: 49.43M
Last: 1.66 ? 0.10 (6.41%)
Volume: 391,784
Dollar Volume: $538,352
Open: 1.57
High: 1.66
Low: 1.57
Trades: 229
14-Day Rel Strength: 48.61%
14-Day Stochastic: 37.78%
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Volume was significantly affected on Thursday when the Company updated investors publicly about their primary processing equipment. As we detailed in our initial alert, part of contribution Charles H. Merchant, Sr. Southern USA Resources CEO and President, made was processing equipment that has the potential to process up to 75 tons of material per hour for approximately 10 hours a day, for 5 days a week. No other gold mining stock in play can say the same.
To reiterate the sexiness of SUSA stock, the float is amazingly small — less than 1 million by our accounts. Therefore, as a PR release has greatly affected the trading pattern, so shall the exposure as Southern USA Resources ended Friday as the 32nd most traded stock on the OTC. Funny how one week ago, Echo Automotive Inc. (ECAU) was at the same position and it too closed at $1.66 but as the top traded penny stock today.
About SUSA Stock
Southern U.S.A. Resources Inc. is a natural resource exploration and development company with an initial focus on the commercial development of historic gold properties in the “Alabama Gold Belt.” Click here to view the SEC filings for SUSA.
Last 5 Trading Sessions:
Date Last Change % Change Volume
01/25/13 1.6600 +0.1000 +6.41% 334,584
01/24/13 1.5600 +0.1100 +7.59% 436,400
01/23/13 1.4500 +0.0600 +4.32% 193,900
01/22/13 1.3900 +0.0700 +5.30% 211,400
01/18/13 1.3200 +0.0400 +3.13% 126,200
Bottom Line: Just like ECAU, now up 124% since our alert, SUSA is slowly becoming a very hot penny stock and should be in your portfolio already. With the share structure, assets, and cash on hand to get to work quick in somewhat shallow mines, SUSA stock could soon test the $2 level without breaking 300,000 in share volume simply because there are no shares available.
Recently published a report on why SUSA.OB's undervalued. I have a $4 price target out on just the SUSAR No. 1 project, which is in-line with Caprock's analysis. The stock has been up a bit since my report and, while I think there could be some volatility, the long-run prospects look sound based on data suggested from press releases, esp. with a joint investment in ABX.
Hope some of you might find the report helpful in making an informed investment decision.
]http://seekingalpha.com/article/1127831-freeport-jumps-buy-these-2-gold-stocks-instead
I'm with ya brother
A nickel a day keeps the the debt away!!
Southern USA Resources, Inc. (the “Company”) (OTC BB: SUSA), a natural resource exploration and development company, today reports on its mining equipment that has been established on the Company’s flagship property, SUSAR No. 1. The Company has been running its equipment and making modifications to prepare for its gold production for 2013.
The Company’s primary processing equipment includes a Gator 42” X 16” portable jaw crushing plant with a 16 ft. grizzly feeder and a 42” discharge conveyor, Gardner Denver 18” X 18” pulverizer, Tyler 4’ X 8’ multi deck wet screen, and Oro Industries custom mobile wash plant with custom rougher spiral gold separator machine. Combined, the processing equipment has the potential to process up to 75 tons of material per hour for approximately 10 hours a day, for 5 days a week.
Once the ore is mined from the land, the material is loaded to a hopper, which then drops the material into the grizzly feeder, then into the Gator crusher that has a maximum 180 ton running capacity. The crushed material then passes through the Tyler wet screening machine, pushing particles through a 30” centrifuge, a continuous slurry feed concentrator that “batches” the concentrate during the run process. The internal chambers of the centrifuge fill up with lighter material (less than ¼”), which form soft fluidized "beds". As the heavier concentrate enters the centrifuge, it displaces the lighter material and anything larger than ¼” in size will return to the pulverizer and back to the centrifuge and finally the material passed through the custom built finalizing plant, resulting in approximately 90-99% recovery of gold. Since no process other than crushing is involved in the recovery of gold, high-grade construction sand will be produced as a by-product and the Company intends to add a revenue stream from the sale of its graphite by-product.
The Company has also leased heavy equipment including a hydraulic excavator, L110 wheeled loader, and 1850L three-toothed ripper crawler bulldozer, a 6X6 30 yard Volvo articulating dump truck and a Tamagotchi skid steer.
“We have been taking the last few weeks and fine-tuning our processing equipment, so that we may recover gold as seamless as possible, as we go into full production. We are excited about the opportunity to potentially recover more gold than historically recorded in the area and place Alabama back on the map as a gold producing state here in the U.S.,” commented Charles H. Merchant, Sr., CEO of Southern U.S.A. Resources, Inc.
About Southern USA Resources, Inc.
Headquartered in Ashland, AL, Southern USA Resources, Inc. operates a gold mining operation and exploration group in the “Idaho District” of Northern Clay County Alabama. The Idaho District has numerous sites which have been producing mines and placer sites dating to the late 1800’s. Using modern mining techniques, the Company is revisiting prior producing sites where it plans to excavate to a minimum depth of 80 feet, projecting the life of this project to be in excess of 20+ years.
For more information, visit: http://www.susaresources.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Additional information on risks and other factors that may affect the business and financial results of Southern USA Resources, Inc. can be found in the filings of Southern USA Resources, Inc. with the U.S. Securities and Exchange Commission.
Just received a 15 page mailer from rising stock advisor. Core International Co. LTD. paid $900,000 to promote.
Great research report
http://www.susaresources.com/wp-content/uploads/2013/01/SUSAFinalJan2013Publish.pdf
Southern USA Resources Provides Details on its Alabama Prospect
ASHLAND, Ala.--(BUSINESS WIRE)-- Tue, Jan 22, 2013 8:30 AM EST
Southern USA Resources, Inc. (the “Company”) (OTC BB: SUSA), a natural resource exploration and development company, today provides an overview of its properties located in the Alabama Gold Belt.
The Company’s flagship property, SUSAR No. 1, is a 230 acre prospect located in Clay County, Alabama. The property is approximately 3½ miles north of the City of Ashland, commonly referred to as the Idaho Gold District. The Company owns 100% of the land and the mineral rights to this property.
In addition to the flagship property, the Company also acquired the mineral rights to an additional 230 acres southwest of the current flagship property with crossing privilege over to this addition which the Company leased the mineral rights for and 770 acres located approximately 5½ miles northeast of the SUSAR No. 1, known locally as the Short Property.
Based on the Geological Survey of Alabama, gold mineralization in Clay County lies in the Northern Piedmont and Brevard Fault zone. Gold mined in the area comes from a series of quartz-gold veins. The Company has recently discovered an old mine shaft, most likely abandoned in the 1800’s, and based on new essay results evaluated by the Company, gold is very much evident in the area.
Evidence on SUSAR No. 1 shows that the Company is dealing with a structured vein system that appears to carry gold values from mica/graphitic schist’s that lie on either side of the quartz structures dipping 60 degrees to the south southeast. Generally, where there is no quartz, there is no gold, however gold is not located in most quartz but rather follows the quartz and lies to the zone parallel to the quartz. So far preliminary indications are that the belt of gold bearing ore is approximately the length of the property and beyond and is approximately 6 ft. to 180 ft. wide/down, based on historical reports of elderly miners who have verbally confirmed this. This suggests that SUSAR No. 1 may potentially contain several hundred thousand ounces of gold when mined to depth.
“We are excited about the potential gold recovery on our flagship property and very encouraged to have visual confirmation coincide with historical reports from old-time miners. With current gold prices reaching historic all-time highs of nearly $1700 per ounce, we are looking forward to mining in the Alabama Gold Belt for many years to come,” commented Charles H. Merchant, Sr., CEO of Southern U.S.A. Resources, Inc.
Simma down! Just busting chops. I dunno what happened but somehow the pic literally 'went bad.' Don't sweat it. It's TMI anyways. We post it here it'll be on tlento's blog in 5 minutes anyways. Man sure likes his profit.ly advert click-thru $'s.
How about you post it yourself??
Tell me how i did that?It was scanned off the hard mail.
Who cares. Clearly promo play here legit or scam. Didn't buy this planning to hold long term. Up 10% since bought in and still looking good today. Hope to see some more block buys -- only one today so far.
I'd love to post that image, but can't. In a very strange turn of events the attachment parker sent me is corrupted. It's there, but it's just all characters now. Which is weird because when he sent it it was perfectly visible.
Parker you send me a virus bro? :)
Sorry threw it away .
A snail mailer? If so can you scan and post it?
Got a promo on this Friday Will see what that brings .Probably another scam.
Not holding this while certain people bogart this supposed mailer.. GLTA...
Nice news update today, I think we can agree that there will be some promo here, we just have to find out who and how much $$$ backed!!?!?!
Yeah really...
Alright mang... where is it??
PPS--okay to e-mail me at:
brigham.youngster@yahoo.com
I don't trade these penny stocks long or short, not my thing. Prefer big boy stocks like RIMM. One hell of a pump yesterday on the TSX.
agreed - looking forward to another good week.
SUSA has the potential to be a low-cost producer: the company owns both the land and mineral rights for their flagship operation, as well as all of the equipment on site. The company estimates a production cost of about $375/oz., relatively low for the industry.
Yeah theres that, but I'm talkin bout the rumored 900k hard mailer.
The reasons to buy and hold are almost equal to the reasons to sell and short. Imo
Need that mailer to help sway me one way or another, lol
The dream could still be alive if somebody would post that darn hard mailer for all to see.
No mailer, No $$$$...imo
thank you MLK! That was brilliant! I have a dream that SUSA will find gold in Alabama!lol!
Caprock - how did the other companies do that they profiled/researched? appears they usually do a 12 month gig.
Caprock Risk Management, LLC, has a 12-month contract with Mesa Energy Holdings for $4,000 a month starting December 1, 2011 to launch and maintain independent fee-based research on the Company. Â This compensation is not contingent on the content or conclusions of CRM’s research or the resulting impact on the Company’s share price. There can be no assurance that the assumptions made in the report will occur. This publication is intended for informational purposes only and the opinions set forth therein should not be viewed as an offer or solicitation to buy, sell or otherwise trade equities, futures and/or options.
============
Caprock Risk Management, LLC, has a 12-month contract with Pegasi Energy Resources Corporation for $4,000 a month starting March 15, 2012 to launch and maintain independent fee-based research on the Company. This compensation is not contingent on the content or conclusions of CRM’s research or the resulting impact on the Company’s share price. There can be no assurance that the assumptions made in the report will occur. This publication is intended for informational purposes only and the opinions set forth therein should not be viewed as an offer or solicitation to buy, sell or otherwise trade equities, futures and/or options.
Caprock Risk Management
Chris Jarvis, 603-828-7987
Chris@CapRockRM.com
===============
GIG HARBOR, Wash., Oct. 3, 2012 /PRNewswire/ -- LKA International, Inc. (OTCQB: LKAI) announced today that Caprock Risk Management, LLC initiated coverage of LKA shares with a "Strong Buy" rating.
PR Newswire (http://s.tt/1p4dc)
============
does their research do anything for the stocks?
SUSA Asleep
I have a dream that one day this board will rise up and publish a link to a well-crafted tout sheet.
I have a dream that when that day comes the stock will be north of $1.50 without a single red candle.
I have a dream that speculators from across this great nation will avoid buying stock in this POS company with an intolerable cash position that's already been deemed a "going concern" - be it because of the awful corporate website or Caprock's intolerable $4.00 price target - unless we see at least 10 consecutive green days and a $1.50 break.
I have a dream that borrows will be bountiful and that we will all profit from the ultimate demise of this great injustice we like to call a "pump & dump".
I have a dream.
Corporate Team
Press Release: Southern USA Resources, Inc. – Thu, Jan 17, 2013 8:30 AM EST
ASHLAND, Ala.--(BUSINESS WIRE)--
Southern USA Resources, Inc. (the “Company”) (SUSA), a natural resource exploration and development company, today announced the composition of its corporate team led by Chief Executive Officer, Charles H. Merchant, Sr., and a team of industry veterans with proven success in natural resource exploration and production.
“We have a great team in place to potentially make this venture a successful one right out of the gate for the Company and its shareholders. I am proud to work alongside with seasoned colleagues that will enable our mining operation to stay efficient in our exploration and successful in gold production,” commented Charles H. Merchant, Sr., CEO of Southern U.S.A. Resources, Inc.
Southern U.S.A. Resources’ Corporate Team includes:
Charles H. Merchant, Sr., CEO and Director
Charles has spent the last twenty years in the mining business in Alabama and Utah. He has been a licensed mining engineer in the counties of Randolph, Cleburne and Clay, independently in the State of Alabama since 1997. From 1984-1990, Mr. Merchant served as Chief Operating Officer of Tennessee National Corp., a $65 million precious metals Holdings Company based in Tennessee. He also served as Vice President of U.S. operations for Consolidated Mining Co. of Alabama, where he negotiated numerous mining leases in seven states, for the coal and precious metals mining businesses.
From 2001 to present, Mr. Merchant has served as Chairman and Chief Operating Officer of JMays LLC, a major U.S. producer of commercial grade mica to the cosmetics and aerospace industries. In his capacity with JMays LLC, he constructed a multi-million dollar mica processing plant and secured land leases with a combined appraised value in the millions of dollars. Mr. Merchant currently serves as a Director for a private iron and rare earth exploration and development company located in Utah.
As President/CEO of then Novastar Resources in 2006, Merchant successfully engineered the reverse merger of Novastar Resources into Thorium Power later that company becoming what today is known as Lightbridge Company, a NASDAQ listed company (LTBR). Mr. Merchant has guest lectured at numerous functions speaking of the potential for gold production in Alabama based on historical records and how the state would benefit economically from this resurgence.
Roger W. Szelmeczka, Director of Operations
Roger has 20 years of experience and demonstrated knowledge with progressive responsibility in regulatory compliance, environmental science, groundwater, hazardous materials management, waste management, emergency response, and emergency management.
From 2000 to present, Mr. Szelmeczka has consulted on numerous gold prospecting projects in Alaska, Idaho and Alabama. He has spent over three years working on systematic sampling of Southern USA Resources Inc. properties that were part of an overall gold research project for Alabama Mineral Properties, LLC, an independent mineral properties research and development company. His research included use of field tech equipment using XRF technologies to detect presence of precious metals in surface samples.
As well, from 2008 to present, he has been an Environmental Specialist for Weirich Consulting Services, Inc., providing professional environmental services to Savannah River Nuclear Solutions LLC at the Savannah River Site in South Carolina.
Mr. Szelmeczka has published various technical reports and articles for journals. Mr. Szelmeczka holds a bachelor’s degree from the University of Idaho in Soils Science.
Marcus Flis, Director
Marcus has served since 2008 as the Managing Director of Royal Resources Limited, an Australia-based company engaged in iron ore and uranium exploration in Australia and United States, listed on the Australian Stock Exchange (ROY.AX). From 2000 to 2008, Mr. Flis served as a Director of Business Development of Rio Tinto Iron Ore. Mr.
Flis also currently serves as a Director of Razorback Iron Pty Ltd, a wholly-owned subsidiary of Royal Resources Limited, Non-Executive Director of Aldershot Resources Ltd, a Canadian based company focused in uranium and vanadium exploration with projects in Australia, Africa and North America, listed on the TSX Venture Exchange (ALZ.V), and as a Non-Executive Director of Iron Ore NZ.
Mr. Flis received his B. Sc. degree with honors from the University of Adelaide in 1980 and his M. Sc. degree from the University of Utah in 1985.
About Southern USA Resources, Inc.
Headquartered in Ashland, AL, Southern USA Resources, Inc. operates a gold mining operation and exploration group in the “Idaho District” of Northern Clay County Alabama. The Idaho District has numerous sites which have been producing mines and placer sites dating to the late 1800’s. Using modern mining techniques, the Company is revisiting prior producing sites where it plans to excavate to a minimum depth of 80 feet, projecting the life of this project to be in excess of 20+ years.
Company Overview
Press Release: Southern USA Resources, Inc. – Mon, Jan 14, 2013 8:30 AM EST
ASHLAND, Ala.--(BUSINESS WIRE)--
Southern USA Resources, Inc. (the “Company”) (SUSA), a natural resource exploration and development company, provides a company overview to the investment community.
As a natural resource exploration and development company, Southern U.S.A. Resources’ initial focus will be on the commercial development of its historic gold properties in the “Alabama Gold Belt.” The Company has acquired and/or leased mineral rights to over 1,200 acres of properties in Clay County for exploration and will utilize a combination of historic data mining and physical exploration to mine the properties. Trenching is the primary method of exploration seeking a quick find of results that are reviewed by company officials to determine if the area of exploration deserves a closer examination.
Historically, Alabama has been known for its own “gold fever”. Gold was first discovered in Alabama in 1832 in Cleburne County in the Arbacoochee Mine. By 1836 there was a great deal of excitement in the gold fields of Alabama until the 1849 California Gold Rush sent many miners west. Gold prospecting in Alabama revived in 1853 when Cornish miners migrated from Tennessee to search for copper. There were additional resurgences of gold mining after the civil war, in the 1880’s, when cyaniding, a method of retrieving gold, was introduced in Alabama in 1903, and in the 1930's, with the rise in the price of gold, which lasted until 1942. Southern USA Resources, Inc. has no plans to use such methodology.
Gold was extracted both from underground mines and through a technique known as placer mining, a type of surface, open pit mining usually done in rivers, creeks, and streams. The total gold production recorded was estimated to be around 50,000 ounces, worth more than $82 million at current prices at approximately $1650 per ounce.
The Company will focus on the research and investigation of historic mining documents to identify old mines and prospects, reducing exploration expense and time. The Company believes its properties have the potential of becoming commercially-viable with the implementation of modern mining techniques.
“Most folks dismiss the fact that the east coast has the potential of producing large gold deposits. The tops of these deposits in the Alabama Gold Belt are relatively shallow and we believe we have the put together the right people with the expertise and knowledge required to successfully produce more than what has been historically recorded in the area. We are excited to share this journey with our shareholders and the financial community and we intend to provide updates of our progress as we go into full-scale mining operations this year,” commented Charles H. Merchant, Sr., CEO of Southern U.S.A. Resources, Inc.
About Southern USA Resources, Inc.
Headquartered in Ashland, AL, Southern USA Resources, Inc. operates a gold mining operation and exploration group in the “Idaho District” of Northern Clay County Alabama. The Idaho District has numerous sites which have been producing mines and placer sites dating to the late 1800’s. Using modern mining techniques, the Company is revisiting prior producing sites where it plans to excavate to a minimum depth of 80 feet, projecting the life of this project to be in excess of 20+ years.
Bro everyone loves me including you. At least your man enough to say it. Good for you. I really do have the image, but it didn't forward right from my iPad. Don't sweat it. Market is closed tomorrow. Let's all take a vacation. ;)
Good, the oldies tend to burn out pretty quick these days. Slow and steady I'll take it.
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We considers ourselves non-traditional, as a mining entity, in that much of the exploration work is done as a combination of historic data mining and physical exploration.
We emphasize the research and investigation of historic mining documents to identify old mines and prospects that have the possibility of becoming commercially-viable with the implementation of modern mining techniques. This approach allows Southern U.S.A. Resources to confirmation-sample, research-identified properties and bring them directly into production, accelerating cash flow and reducing exploration expense.
Our management team believes this reduces investment risk and accelerates the "return horizon" in an industry that for the last hundred years has had to wait for up to a decade to realize results from capital investments.
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