Blog - Page 3773 of 5535

WednesdayFeb 24, 2010 4:38 pm

Arena Resources, Inc. (ARD) Announces Capital Budget For 2010

Arena Resources, Inc. said that it would spend $195 million in capital expenditures in 2010 to explore and develop its oil and gas properties. This was an 82% increase from the $107 million the company spent in 2009. Arena Resources, Inc. said that $185 million would be allocated toward the company’s Fuhrman-Mascho prospect located in Andrews County, Texas. The company has four drilling rigs currently operating here and plans on drilling 300 wells in 2010 targeting the San Andres formation. Arena Resources, Inc. will also use some of the capital to recomplete forty wells in the Fuhrman-Mascho prospect, hoping to…

WednesdayFeb 24, 2010 4:06 pm

Piedmont Mining, Inc. (PIED.OB) Up 94.5% Today After Coverage From QualityStocks Newsletter

Shares of Piedmont Mining Inc. closed at $0.035 a share today, up more than 94 percent. The uptick in price has been accompanied by an upsurge in the volume to nearly 1.2 million shares which is well above the average daily volume of less than 35,000 shares. The company's stock was mentioned in the FREE Daily QualityStocks Newsletter back on December 30, 2009 when it was trading for about $0.02 a share. Piedmont Mining is an exploration-stage company exploring for gold and silver in Nevada. In addition, the company has small interests in oil producing wells in Tennessee. These wells…

WednesdayFeb 24, 2010 3:44 pm

Decor Products International Inc. (DCRD.OB) is “One to Watch”

Trading on the OTC Bulletin Board, Decor Products International is one of the largest manufacturers of decor paper in China. Decor paper is a specialty paper used to finish the surface of wood materials used in the manufacturing of furniture and laminate flooring. Decor, or decoration, paper is one of the fastest growing grades of paper in the world. The production of decor paper requires very specific technological know-how. Decor Products International Inc. has their headquarters in Dongguan, Guangdong Province, China. Established in 1999, the Company offers a broad product line to their customers. This includes 30g-120g PU paper, polyester…

WednesdayFeb 24, 2010 1:21 pm

Record-Low Interest Rates Still Needed for Recovery

The stock market is higher after testimony by Federal Reserve chairman Ben Bernanke before Congress. In his testimony, Mr. Bernanke stated that record-low interest rates are still needed to ensure that the US economic recovery will last. Mr. Bernanke struck a confident tone that the economic recovery will endure but he also sought to damp down expectations about a vigorous recovery. The numbers seem to bear out Mr. Bernanke's caution. Yesterday, the Conference Board reported that its Consumer Confidence Index fell almost 11 points to 46 in February, its lowest level since April 2009. At 46, the index is a…

WednesdayFeb 24, 2010 11:38 am

Li3 Energy, Inc. (LIEG.OB) Expands Lithium Resource Portfolio with Peruvian Acquisition

Li3 Energy, Inc., a plucky young US company pushing the limits of lithium acquisition and energy production technology, announced today that it has acquired several lithium and potassium assets in Peru as a result of the execution of a definitive agreement. The total acquisition consists of 9 claims, comprising 19.5k acres, located in Puno (Loriscota Project), Tacna (Suches Project) and Moquegua (Vizcachas Project) Provinces, at an average elevation of 14k feet above sea level. The Projects are in an area previously studied in 1981 by the Peruvian Mining Ministry, whose survey indicated high concentrations of both lithium and potassium, with…

WednesdayFeb 24, 2010 11:30 am

Unilava Corp. (UNLA.OB) Launches 3G Broadband USB Laptop Stick

Unilava Corp., a full-spectrum communications and advertising company, announced today the availability of a new product, the Broadband Bullet, which has been pre-sold via the Company’s existing sales and distribution infrastructure. The Broadband Bullet is a powerful, easy-to-use new USB device which offers 8GB storage, like an ordinary flash drive, but also allows customers wireless broadband access via 3G and 3G+ high-speed data network standards (based on the High Speed Packet Access protocol, or HSPA/HSPA+). With 7.2Mbps (3G) and 12Mbps (3G+) connectivity, the Broadband Bullet is an outstanding solution for mobile Internet, allowing customers on the go to simply plug…

WednesdayFeb 24, 2010 11:27 am

National Automation Services, Inc. (NASV.PK) Continues To Expand Diverse Customer Base

These uncertain days, when entire industries face collapse, National Automation Services Inc. enjoys the security of one of the most varied of all customer lists. From municipal water control, to consumer foods, airlines, retailing, large and small manufacturing, mining, hotels, and more, there are few industries that don’t need something that NAS offers. The NAS customer list includes Coca Cola, Pepsi Cola, Safeway, Watson Pharmaceuticals, Motorola Semiconductor, Weyerhauser, Mirage Hotel & Casino, Alaska Marine Highway System, Better Built Aluminum, Chevron, a wide range of municipal water districts, and many more. Below is a very small sample describing in more detail…

WednesdayFeb 24, 2010 11:22 am

Newport Digital Technologies, Inc. (NPDT.OB) Participating in a $500 Million Program for Schools and Public Areas

Newport Digital Technologies Inc. announced several weeks ago that it had signed a letter of intent with the Orange County, California Department of Education. This agreement will give the company the opportunity to participate in a $500 million state and federal grant program earmarked for schools and public areas that do not have wireless connectivity by the second quarter of 2010. The company launched the installation of a Worldwide Interoperability for Microwave Access (WiMax) base station and long-range subscriber station designed to demonstrate WiMax long-range broadband internet connectivity between Newport's corporate offices in Newport Beach, California and the Orange County…

WednesdayFeb 24, 2010 10:59 am

Deer Consumer Products, Inc. (DEER) Announces Sales Expansion in Chinese Domestic Wal-Mart Stores

Deer Consumer Products, Inc., a leading designer and OEM/ODM manufacturer of home and kitchen electronics, recently announced that the company has expanded its global sales efforts to include the Chinese domestic markets. “Deer” branded kitchen electronic products will be immediately available at local Chinese Wal-Mart stores located in the Guangdong province, China’s most economically developed region. With a 15-year operating history, Deer Consumer Products holds more than 103 patents, trademarks and copyrights and has experienced rapid sales and earnings growth in recent years. The company’s product lines include blenders, juicers, soy milk makers and other home-convenience appliances. Deer Consumer Products…

WednesdayFeb 24, 2010 10:46 am

Nickel, Gold and Uranium Mining Stocks May Offer Longer-term Opportunity

As an investor goes about looking for a small cap mining company, they may want to consider a company that is exploring for an operation in certain parts of the world. To start with a slightly more obscure base metal, one might consider Nickel. This base metal is perhaps one of the more rare base metals found in only a few places around the world. Canada holds the largest such site located in the eastern portion of the country where a meteor is thought to have hit the earth. This is not the only site but a solid place to…

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