subject: Pennytobuck Stock Update On Tmgp, Sila, And Ppo For Friday [print this page] American Power CorpAmerican Power Corp. (OTCBB:TGMP) is pleased to announce that it has retained Weir International Inc. of Downers Grove, Illinois (Weir) to prepare an exploration drilling program and to supervise the execution of that program, in order to evaluate the coal reserve potential on the Pace coal property in Judith Basin County, Montana. TGMP is a member of the Montana Mining Association, and holds approximately 29,000 acres in Judith Basin County, Montana. The estimated resources in place, based on exploration work conducted by Mobil Oil Co. (now ExxonMobil Corp.), and in several independent studies, range from 172 million up to 410+ million tons of high volatile bituminous B coal.
Gold American Mining Corporation (OTCBB:SILA) is pleased to announce that Mr. Juan Manuel Jimenez has agreed to join SILAs team as Technical Advisor - Mexico. Mr. Jimenez has over eighteen years experience of progressively increasing responsibilities in mining exploration in North America. He brings great value to the company given his vast knowledge of precious and base metals exploration in the regions where Gold American operates.SILA precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.
Polypore International, Inc. (NYSE:PPO) recently reported in their last press release its financial results for the second quarter ended July 3, 2010.
Sales were $150.1 million, an increase of $31.9 million, or 27%,
compared with the prior-year period. Excluding the effect of foreign
currency translation, sales increased 29%.
Adjusted Operating Income was $32.7 million compared with $23.0 million
in the prior-year period. A table showing the reconciliation of Adjusted
Operating Income to U.S. GAAP amounts is included in this release.
Adjusted Net Income and Adjusted EPS were $15.2 million and $0.33 per
diluted share, compared with $5.2 million and $0.12 per diluted share in
the prior-year period. Net income was $15.9 million and $0.34 per
diluted share. A table showing the reconciliation of Adjusted Net Income
and Adjusted EPS to U.S. GAAP amounts is included in this release.
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