Pink:orfg, Gg, & Egi: Gold Prices Rise Slightly
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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Recent News: Gold Prices Rise Slightly
Goldcorp Inc. (NYSE: GG) recenty declare its seventh monthly dividend payment for 2010 of $0.015 per share. Shareholders of record at the close of business on Thursday, July 15, 2010 will be entitled to receive payment of this dividend on Friday, July 23, 2010. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America.
For more information abou t this company (GG) please visit http://www.goldcorp.com
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EGI, Entree Gold Inc.
Recent News: Entree Gold receives new coal mining license, Mongolia
EGI is a Canadian mineral resource company successfully meeting the global demand for products derived from gold, copper, molybdenum and coal.
EGI is achieving this goal through concerted exploration efforts. With operations in Mongolia, China, the United States, Canada and most recently Australia, through the acquisition of PacMag Metals Limited, EGI has assembled a portfolio of projects balanced between grass roots, advanced exploration and pre-production.
EGI has received a mining licence covering its Nomkhon Bohr coal discovery, outlined through exploration efforts in 2008-2009. The new mining licence comprises approximately 14,030 hectares and covers the northwest corner of the former Togoot exploration licence. The portion of the property included in the mining licence is mainly underlain by Permian sediments which are known to host rich coal deposits in this part of the Gobi Desert.
The Nomkhon Bohr thermal coal occurrences lie within Permian sedimentary rocks thought to be of similar age to those hosting the multi-billion tonne Tavan Tolgoi thermal and metallurgical coal deposits. Tavan Tolgoi is located approximately 80 kilometres to the northwest. Two groups are currently mining and trucking coal to China along an improved dirt road that passes immediately north of Nomkhon Bohr. This road is in the process of being paved. A railway, which will follow a similar route to the current road, is planned to service both Tavan Tolgoi and Oyu Tolgoi and provide greater access to markets in China.
More about EGI at www.entreegold .com
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by: Blayne Sheffield
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