Chinese Catalysts Could Drive Platinum Rally: Pink: Orfg, Cmp, & Swc
Orofino Gold Inc (Pinksheets: ORFG.PK) is a precious metals acquisition
, exploration, and development company thats offering investors a golden opportunity.
When the dollar is devalued, the price of gold goes up as this metal becomes a safe haven for traders. Orofino Gold Corp. knows the value of gold in todays economy and has recently signed an option agreement to acquire several properties in Colombia, a current hot spot of gold production.
Results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects that ran higher than expected in gold, silver and copper, give the precious metals acquisition, exploration, and development company four very strong targets and two extremely rich structures to target for gold and copper. Orofino will now implement an airborne magnetometer program, as well as begin site preparation for the diamond drilling planned to take place in the second quarter of 2010.
ORFG is a precious metals acquisition, exploration, and development company.
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North American Salt Company, a subsidiary of Compass Minerals (NYSE:CMP), announced the addition of a new, premium, pet-friendly product to its Safe Step family of ice melters. Sure Paws, an all-natural, fast-acting ice melter, doesnt irritate pets paws but melts ice down to minus 15 degrees Fahrenheit. Pets are an important part of families, so this extremely efficient product will keep residential driveways and walkways safe but is easy on pets paws and skin, said Jerry Bucan, vice president and general manager of NASCs consumer and industrial business.
CMP is a leading producer of minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. The company provides highway deicing salt to customers in North America and the United Kingdom and specialty fertilizer to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, ingredients used in consumer and commercial foods, and other mineral-based products for consumer, agricultural and industrial applications. Compass Minerals also provides records management services to businesses throughout the U.K.
For more information please visit www.compassminerals.com
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Recent News: Chinese Catalysts Could Drive Platinum Rally
STILLWATER MINING COMPANY (NYSE:SWC) recently released comments from its Chairman and Chief Executive Officer, Francis R. McAllister, regarding the status of various Company initiatives after the first six months of 2010. Similar observations were included in a recent letter to employees.
First, I would like to reiterate from Stillwater Mining Companys 2009 Annual Report that our strategy is to increase our ounce production on a solid foundation of safety excellence, an adequate developed state, low cost operations and project based managed growth. A detailed review of growth opportunities is being carried out, for the most part on the Stillwater Complex, but also on opportunities outside the Stillwater Complex. In addition, a corporate review of the cost advantages of adding a precious metals refinery is underway.
There are also changes taking place at our recycling operations, including the addition of a second smelting furnace (completed in May 2009), a dedicated recycle preparation/sample plant (July 2010), and an x-ray assay facility (October 2010). All are designed to make our recycling activities more competitive and to capture a larger portion of a growing recycling business.
As a result of this growth, most of our recycling business has now been consolidated into our Metallurgical Complex office building and processing facilities, located in Columbus, Montana, where its management, commercial and accounting activities are now based. These operations soon will be folded into a separate new corporate subsidiary, Stillwater Metals Company.
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by: Blayne Sheffield
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