DALLAS, July 20, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Portage Resources Inc. (Pink Sheets:POTG). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/POTG
Portage Resources Inc. (POTG) is a pre-exploration stage mineral company focused on the exploration and production of precious and base metals in Peru. The Company plans to recognize and acquire near-term production mining properties. Its Peruvian management team intends to research, review and prove any reserves for the purpose of production.
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In the report, the analyst notes:
"POTG shares ticked higher in Tuesday trading, a day after the Company announced that Portage Minerals S.A., the Company's wholly owned Peruvian subsidiary, has signed a letter of intent to acquire three adjacent gold and silver mining concessions in Huancavelica, Peru."
"Portage Minerals S.A. will close the acquisition on or before the 15th of next month, giving the company time to conduct its due diligence process."
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