February 2011 - Page 24 of 25

WednesdayFeb 02, 2011 11:49 am

Avino Silver and Gold Mines Ltd. (ASGMF.OB) Provides Comprehensive Update

Avino Silver and Gold Mines, www.avino.com – an exploration/production company with a solid 27-year track record at the prolific Avino mine in Mexico (16M oz Ag, 150k oz Au and 25M lb of copper), has been making extensive rehabilitation and modernization at Avino since 2007 with the goal of becoming a multi-million ounce silver producer within 3-5 years. Today the company took the opportunity to update the market and the Company’s shareholders on recent/projected mining and milling operations. Discovery of the massive vein of high-grade silver in the San Gonzalo zone has made the Avino mine a particularly attractive site…

WednesdayFeb 02, 2011 11:46 am

Lizhan Environmental Corp. (LZEN) Posts Solid FY 2010 Results, Reflecting Growth and New Product Launch

Lizhan Environmental Corp., a China-based supplier of synthetic leather and other fabrics made from recycled leather waste and other materials, today posted its fiscal year 2010 results for the year ended September 30, 2010, reporting increases across the board. Fiscal-year 2010 revenue was $46.3 million, up 114.3 percent compared to $21.6 million in revenue reported for fiscal 2009. Net income increased 199.7 percent to $2.7 million as compared to $8.2 million for the prior year. The company attributes the increases to continued growth stemming from its commercial production launch in 2007, as well as developments to date. In 2009 Lizhan…

WednesdayFeb 02, 2011 10:06 am

New Gold Inc. (NGD) Reports Production and Cash Costs

New Gold Inc. issued an operations update for the fourth quarter of 2010 and full year, including production and cost data for its mining operations. The company also provided guidance on both these items for 2011. New Gold Inc. reported that the company produced 124,445 ounces of gold from its mining operations in the fourth quarter of 2010. This represented an 11% increase from the same quarter of 2009, when the company produced 111,672 ounces of gold. The fourth quarter of 2010 production was a quarterly record for the company. Gold production for 2010 also showed a large percentage increase…

WednesdayFeb 02, 2011 10:04 am

High Plains Gas, Inc. (HPGS.OB) Provides Update on Renovation Work

Yesterday, High Plains Gas, Inc. announced an update on their renovation work from December 2010 to January 2011. The Company began renovations on December 1, 2010, when there were approximately 493 wells producing. In December 2010, High Plains Gas, Inc. reactivated 33 idle wells. For January 2011, the Company has experienced a similar reactivation pace. Their revenue in December 2010 was approximately $1.9 million. This was up 22 percent as compared to December 2009 revenue numbers. Mr. Greg Greenough, VP of Operations for High Plains Gas, Inc. commented, "As you can see by the numbers, we are quite pleased in…

WednesdayFeb 02, 2011 9:49 am

LeapFrog Enterprises Inc. (LF) Video Chart for Wednesday, February 2, 2011

After a sharp drop in early January, the LF chart caught support in the area of $3.73 just as it did last summer. The indicators are, of course, at exaggerated levels as technical traders are looking for an initial bounce and then possible reversal in the near future. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayFeb 01, 2011 3:18 pm

Rosetta Genomics Ltd. (ROSG) Inks Agreements with Two Israel-based Research Centers

Rosetta Genomics Ltd., a leading developer and provider of microRNA-based molecular diagnostics, today announced it has signed two new agreements pertaining to the development and validation of microRNA-based diagnostics related to its Gen 3 products. The agreements with Israel-based Tel Hashomer Medical Research Infrastructure and Services Ltd. and Israel-based Carmel Medical Center are part of what Rosetta Genomics called an “integral part” to its product development process. The Gen 3 tests will analyze cardiovascular indications, neurodegenerative diseases, women's health and early detection of certain cancers, and are designed to leverage the capabilities and samples to identify microRNA biomarkers extracted from…

TuesdayFeb 01, 2011 3:15 pm

Transdel Pharmaceuticals, Inc. (TDLP.OB) Announces Strategic Growth Plans for 2011

Transdel Pharmaceuticals, Inc, a US specialty pharmaceutical company, announced today that it has made the decision to focus on generating increased shareholder value through the aid of two investment banks, American MedTech Advisors and ESC Advisors. The main motive behind this investment is to further develop TDLP-110 or Ketotransdel®, the company’s flagship late stage in-development pain product. Transdel has already finished the beginning of the Phase 3 trial for TDLP-110, presenting all data and information that came along with the trial at the 13th World Congress on Pain, which was held in Montreal, Canada in September of last year. Transdel…

TuesdayFeb 01, 2011 12:26 pm

GreenHouse Holdings (GRHU.OB) Inks Agreements with Tequilerias to Reduce Waste, Increase Revenue

GreenHouse Holdings Inc.'s wholly owned subsidiary GreenHouse Soluciones today announced it has entered into agreements with ten tequila distilleries in an overall effort to help the distilleries become more energy efficient and environmentally sustainable. Small and mid-sized Tequilerias contribute approximately 50 percent of all Tequila produced in Mexico. These companies often don't have the necessary resources to properly dispose of waste, which as a result is dumped into local streams and city dumps. California-based GreenHouse Holdings designs, engineers and installs disparate products. The agreements with the Tequilerias call for GreenHouse to remove significant amounts of waste for the distilleries each…

TuesdayFeb 01, 2011 12:24 pm

Rit Technologies Ltd. (RITT) Posts Q4, FY 2010 Results, Notes Room for Growth

RiT Technologies, a leading intelligent solutions provider, today announced its financial results for the fourth quarter and full year ended December 31, 2010. The company reported revenues for the fourth quarter of 2010 at $2.8 million, up 29 percent compared with $2.2 million for the fourth quarter of last year. Net loss for the quarter was $1.1 million, or $0.28 per share on a basic and diluted basis, compared with $1.6 million, or $0.61 per share on a basic and diluted basis, in the parallel quarter of 2009. For the 12 months ended December 31, 2010, RiT posted a 32-percent…

TuesdayFeb 01, 2011 12:19 pm

Gunpowder Gold Corp. (GUNP.OB) Kicks Off Phase 1 of Exploration Program at Dome Rock in Arizona’s Prolific Walker Lane Belt

Gunpowder Gold, www.GunpowderGold.com – the gold exploration company currently targeting Arizona’s prolific Walker Lane Trend via a series of strategically ideal claim blocks in the fairway-tract area of the trend, announced Phase 1 of the Company’s planned exploration program for Dome Rock. Salient details regarding Phase 1 exploration: • Horizon Exploration Inc. will supervise a team of top geologists registered in Arizona who will begin the work immediately • Steam sediment sampling to be employed, with samples being collected from the multiple washes which act as drainage for the claims and sample locations (established via GPS) to be based on…

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Month: February 2011