Stock Update On Tgmp, Sila, Nuec, Crwe - Pennytobuck.com
American Power Corporation (OTCBB:TGMP) recently announced that it will proceed to
kick start the development of its advanced Pace Coal Project in Judith Basin County, Montana.
In April 2010, TGMP acquired roughly 29,000 acres, which make up the Pace Coal Project. In 1979 Mobil Oil Co. (now ExxonMobil) drilled 30 holes over 14,000 of the project's acreage, and delivered 45 samples which were later sent to an independent laboratory for analysis. It was subsequently determined that both the quality and the quantity of coal on the Pace acreage was high and significant, respectively. Several independent reports were commissioned based on the development work undertaken by Mobil Oil, determining there could be in excess of 410 million tons of high volatility bituminous coal potential on the Pace acreage.
Montana's demonstrated reserve base of 119.1 billion short tons of coal represents over 24% of America's total demonstrated coal reserve base of 487.7 billion short tons.
TGMP has access to a large and experienced workforce in Great Falls, Montana, and the coal project may provide hundreds, if not thousands, of new, high-paying jobs for the local economy (according to the U.S. Bureau of Labor Statistics, the average annual wage in the mining industry in Montana was $70,779 in 2008, or 122 percent higher than the average wage in the state).
Substantial infrastructure is already in place adjacent to and within the acreage, including a federal highway, a BNSF railway line, pipeline, and power lines, all of which would facilitate the economic extraction and transportation of coal to market.
Gold American Mining Corporation (OTCBB:SILA)
SILA pleased to announce that Mr. Juan Manuel Jimenez has agreed to join SILA's team as Technical Advisor - Mexico.
Mr. Jimenez has over eighteen years experience of progressively increasing responsibilities in mining exploration in North America. Which Allows him to bring great value to SILA, given his vast knowledge of precious and base metals exploration in the regions where SILA operates.
His career in the mining industry includes experience gained with Santa Fe Pacific Gold Corporation (acquired by $29B NYSE-listed Newmont Mining Corporation; NEM ), Homestake Mining Corporation, and Minera Teck de Mexico S.A. (subsidiary of $19.3B NYSE-listed Teck Corp.) Mr. Jimenez has also worked for Minera Terranova, Minera Milagro, Minera Cosalo, Minera Aztex and Exmin, as well as consulted for a number of exploration companies.
Mr. Johannes Petersen, President of Gold American said "I am delighted to have Juan Manuel join our efforts in advancing our projects. The positive results we have obtained to date at the Guadalupe property make it even more essential to Gold American to count with his expertise in the region. He is ideally qualified and well prepared to assume an important role in the future growth of the Company."
NuEarth Corporation (Pink Sheets:NUEC)
NUEC a manufacturer and marketer of "Clean & Green" products and technology, reported that NUEC's Laboratory and Research Division "TerraSolv SA" has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A ("LIA") of Italy.
The Finalizing of the Joint Venture Continuation Agreement brings 2 new laboratory projects to TerraSolv.
These projects are valued currently valued at more than $1.5 Million over the three-month work schedule starting in October 2010.
However, each contact has provisions that could triple the final contact value to more than $6 Million USD over their 12 month life cycle.
"We've seen incredible value from the lab, which has paid for itself several times over in its first year of operations. It represents a new, higher standard for doing business in IT throughout the environmental and agricultural industries. We're taking more risk out of the system, putting more structure into it, suffering less downtime and delivering higher-quality services," said Levi Modelevi - CEO of NUEC the parent of TerraSolv SA.
The TerraSolv SA Laboratory has generated more than $32 Million over its 3 year existence Mostly due to the Joint Venture with Laboratorio Internazionale Agricoltura, S/p/A.
NuEarth is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about NuEarth and its product offerings visit us on the web at www.nuearthcorp.com
The agreement will continue to utilize the TerraSolv SA state-of-the-art development and testing lab currently being relocated to the United States of America.
Crown Equity Holdings Inc. (OTCBB:CRWE)
CRWE release news that its sales this year have already surpassed $1,000,000.
This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.
Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. commented "Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last year's total sales."
Mr. Bosket also stated "Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year."
CRWE is currently in the process of expanding its in-house IT infrastructure. Although their current web page load time is better than 75% of other internet websites, when completed, the modifications will raise this load time to better then 90% of other internet websites while increasing website visitor capacity by 400%.
CRWE has expanded its internet footprint internationally to include the following 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
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by: Bill Pennyman
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