Endeavour Silver Corporation (OTC: EDRGF) – Wednesday’s shares stayed even at $3.697. No shares were traded. On December 7th, Endeavour Silver Corp. provided the following update of the Guanacevi Mines Project mine and plant appointments, operations and revised production guidance for 2006. Endeavour announced the appointments of Alejandro Garcia Badilla as the new Mine Manager and Humberto Alanis Hernandez as the new Mine Superintendent for the Porvenir Mine. Alejandro replaces the previous mine manager, Neil Marshall, who has resigned to pursue other opportunities. The Porvenir Mine to date has been using a local mining contractor for mine development and production. Management made the decision in Q2, 2006 to replace the mining contractor at year-end with company-employed miners and US$3.5 million worth of new mining equipment, in order to facilitate increases in future production and reductions in future cash costs per oz. ompany miners are already producing about 20% of the daily mine production and 30% of the new equipment is now working onsite. Most of the new equipment is scheduled to arrive at the mine-site by year-end and the balance of the new miners will start work beginning in January.
Endeavour Silver Corporation is a small-cap silver mining company focused on the growth of its silver production, resources and reserves in Mexico. The expansion plan now underway at the high grade, Guanacevi mines project in Durango should propel Endeavour into the ranks of the top 5 primary silver producers in the world. Endeavour stands out from other primary silver companies for its high silver grades (+15 oz. per ton), its high silver leverage (+90%), the substantial exploration upside of the Santa Cruz property (+30 million oz), the potential capacity of the Guanacevi plant and the organic growth potential of these core assets.
Lexington Energy Services Inc. (OTCBB: LXES)
Lexington Energy Services Inc. (OTCBB: LXES) – Wednesday’s shares increased 5.88% to $1.08. 62,200 was the volume. Lexington Energy Services announced on January 24th it signed a letter of intent with Nitro-Gen Technologies Group Inc. to become its exclusive nitrogen generation equipment supplier. “There is no other nitrogen generation system like ours and now no one else will have it except Nitro-Gen”, says Lexington Energy president Larry Kristof. “This new system is going to change the way a number of things are done in the oil industry and we’re looking forward to working with new partners.” Lexington Energy’s innovative nitrogen generation prototype is in the final stages of completion. The new system, which represents a significant advance in the application of nitrogen technology, has been successfully tested and will be working in the field shortly.
Lexington Energy Services Inc. (OTCBB: LXES) is an oil field service company providing construction and leasing of custom oilfield service equipment. As Canada’s fastest growing oil field service company, Lexington Energy Services manufactures and leases innovatively designed oilfield service equipment. Through their wholly owned subsidiary, Lexcore Services Inc., the company also provides a range of drilling services to meet the growing needs of the oil and gas industry, including Alberta’s oil sands.
Telecom Communications, Inc. (OTCBB: TCOM)
Telecom Communications, Inc. (OTCBB: TCOM) – Wednesday’s shares closed down 4.29% to $0.335. The volume was 390,135. Telecom Communications, the Total Solutions Provider, released on January 22nd its business groups brief. IC Star MMS Limited (”IC Star”; http://www.icstarmms.com ), a wholly-owned subsidiary of the Company, began to establish a film distribution network with the purchase of copyrights to certain films in March 2006. SkyeStar.com is a website that offers multi-links user experience by sharing network in the PRC as well as a multi-channel entertainment portal, supported by proprietary fan clubs and a community platform. Mystaru ( http://www.mystaru.com ) is a website dedicated to performing arts education. Mystaru’s content launch includes ten hours of multimedia performing education courses developed by Stareastnet
(http://www.stareastnet.com ). Guangzhou TCOM Computer Tech Ltd. (”GTCT”) — consists of Alpha Century Holdings Limited’s TS, SMS/MMS virtual Call Center CRM Systems, SEO4Mobile, MoDirect, AdMaxB2Search and IBS v4.1 and v5.0 Enterprise Suite, the internet business service total solution business — combined and operated by GTCT, the new formation is a wholly-owned subsidiary of the Company in the PRC. Telecom Communications currently owns 54% interests of Subaye.com ( http://www.subaye.com ). As the leading internet corporate video provider in the PRC, Subaye.com offers a unique Chinese language corporate video sharing platform for both users and customers.
Telecom Communications is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd., IC Star MMS, Ltd. ( http://www.icstarmms.com, http://www.skyestar.com ), Guangzhou TCOM Computer Technology Limited ( http://www.mystaru.com ) and majority owned subsidiary HRDQ Group, Inc. ( http://www.subaye.com ).
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