SAEI Supatcha Resources Inc (CE)

Day Trader News Alerts' watch list includes: Supatcha Resources Inc. (OTCBB: SAEI), Transocean Ltd. (NYSE: RIG), Noble Corporation (NYSE: NE) and Occidental Petroleum Corporation (NYSE: OXY).

New released yesterday: Supatcha Resources Inc. (OTCBB: SAEI) announced it has signed a definitive agreement to acquire a 98% interest in the Maiskoe Gold licenses in Odessa Oblast, Savaransky District, Southern Ukraine.

Supatcha will pay the owners of the property a total of US$3,500,000 and will own 98% of the mine (including all of the capital equipment) and the mineral concessions. Supatcha has also agreed to invest a further US$2,800,000 in expanding the current operation over the next year. Prior to the acquisition, the Company already had several preliminary funding commitments based on the strong merits and history of the concessions.

The property was explored previously by a number of companies and previous drilling indicated geology finds that are favorable for a potential large Gold deposit. The initial drilling done in 1999 indicated gold mineralization in a number of drill holes. Further in 2001, a magnetic/electromagnetic geophysical airborne survey was also conducted over the property and identified several major mineralization areas of interest. Supatcha management has carefully procured significant relationships in the property area, over the last several years, to bring the necessary parties together to successfully continue the development of this high potential gold property and facility. Additionally, the property development plan completed on the Maiskoe as part of the due diligence process has recommended that a drill program for a total of 2000 meters be undertaken. Supatcha has committed to complete the recommended drill program and is currently in discussions to confirm equipment mobilization and drilling dates.

About the company: Supatcha Resources Inc. is a gold exploration company focused on acquiring and developing mineral properties in Ukraine. Supatcha is in the final stages of acquiring two additional gold mining projects, with world-class potential, in southwestern Ukraine.

Transocean Ltd. (NYSE: RIG) up 3% on 8.3 million shares traded. Transocean Ltd. is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide.

Noble Corporation (NYSE: NE) up 3.8% on 6 million shares traded. Noble is a leading offshore drilling contractor for the oil and gas industry.

Occidental Petroleum Corporation (NYSE: OXY) up 1.4% on 5.7 million shares traded. Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions.

Sign up today to receive our Free Day Trader News Alerts. Please visit us at www.DayTraderNewsAlerts.com

Day Trader News Alerts, a division of Stock Market Alerts LLC. (SMA), is an advertising company who disseminates electronic information to subscribers through its network of affiliated companies and/or partners. SMA is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. SMA profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release may or may not have approved the statements made in this release and may or may not have approved the timing of this release. All statements and expressions are the sole opinion of SMA and are subject to change without notice. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information, information supplied by third parties or SMA's own research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. SMA disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. SMA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in SMA profiled stocks.

This profile is not without bias, and is a paid promotional release. To comply with Section 17(b) of the Securities Act of 1933, SMA is disclosing that the company has been compensated for dissemination of this information on behalf of one or more of the companies mentioned in this release. For current services performed for Supatcha Resources Inc. (OTCBB: SAEI), SMA has been compensated Twenty Thousand Dollars by third party, SNV Industries Inc., who is non-affiliated and may hold a significant position in the stock. SMA holds no shares of the stock. SMA may receive compensation for future services. Any additional compensation will be disclosed at such time that SMA is aware of a client's desire to extend the original services. SMA may have received shares of a company profiled in this release prior to the dissemination of the information in this release. In the event of any receipt of such shares, full disclosure would be shown above. SMA may immediately sell some or any shares in a profiled company held by SMA and may have previously sold shares in a profiled company held by SMA. SMA's services for a company may cause the company's stock price to increase, in which event SMA would make a profit when it sells its stock in a company. In addition, SMA's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SMA undertakes no obligation to update such statements.

NYSE:NE OTCBB:SAEI NYSE:RIG NYSE:OXY