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Posts Tagged ‘mining stocks’

Stock Watch For Tuesday, August 24, 2010 From DrStockPick.com. American Power Corp. (TGMP) and Gold American Mining Corp. (SILA)

Monday, August 23rd, 2010

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American Power Corp. (OTC.BB:TGMP) reported that the Board appointed mining executive Mr. Al Valencia as President and Chief Executive Officer (CEO) on August 1st, 2010.

Mr. Valencia’s mining experience is matched by his experience in investment banking and corporate finance. Having earned an M.A. in Economics from Syracuse University, New York, he has held various positions in New York, Washington, DC, and in Latin America. Mr. Valencia has been involved at both the corporate and government level in mining related projects, including working for the Peruvian government and in association with various investment banks such as Credit Suisse on the privatization of mining units (copper, zinc, and lead) in Peru valued in the hundreds of millions of dollars.

“I’m very excited with my appointment as American Power’s new President and CEO,” commented Mr. Valencia. “With nearly 30,000 acres in Montana’s Judith Basin County, we have significant holdings with high potential. Now we can move forward and build on the previous exploration work conducted by ExxonMobil in 1979 and the findings of several other reports on the property that indicate there is up to 410+ million tons of high volatile bituminous coal in place. That’s a tremendous opportunity to be part of, and I’m looking forward to maximizing its potential.”

American Power Corp. is a publicly traded, dynamic energy company based in Denver, Colorado. The Company was established with the focus of acquiring near-term, large-scale advanced coal projects in close proximity to national transportation links. American Power envisions developing its large coal resources to support electricity generation.

 

 

Gold American Mining Corp. (OTC.BB:SILA) is pleased to report additional positive results from its Guadalupe property, located in the heart of the Fresnillo district, Zacatecas, Mexico.

Fieldwork continues to identify additional veins within the property — as such several veins remain without names. To date nine veins have been mapped within the Guadalupe property. In certain locations the width of sampling was limited by the size of the workings and as such the true width of mineralization remains unknown.

Several previously unknown historic shafts were also identified within the property. It is apparent that these shafts were sunk along strike from other workings as there are often no outcrops in the vicinity of the shafts. In these situations the mineralized dumps near those workings were sampled.

The Guadalupe property contains two historically significant mines and is located in one of Mexico’s oldest mining districts, roughly 5 miles north of the Fresnillo (Proaño) Mine, the world’s richest underground silver mine, operated by Fresnillo plc. Roughly 6.8 miles to the southwest of Silver America’s Guadalupe Property is the Juanicipio Joint Venture (JV) between MAG Silver Corp. (MAG) and Fresnillo plc, which is known as one of the world’s highest grade undeveloped silver resources.

The Property contains greater than 20 known workings as well as two historic mines — Santa Rita and San Antonio. Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s. The property is completely surrounded by land controlled by Peñoles (either through Fresnillo or other subsidiaries and partners).

 

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

Crown Equity Holdings, Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

Crown Equity Holdings Inc. (CRWE.OB) has received Eight thousand dollars from a third party (Winning Media) for on (1) day of advertising for AMERICAN POWER CORP (OTC BB: TGMP.OB)

 
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Gold Mining Is Still Going Strong With GBG, SILA and CGC!

Monday, August 23rd, 2010

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Gold American Mining Corp. (OTC.BB:SILA) has signed an option agreement to acquire a 100% interest in the high-grade silver-gold La Escondida Project located in Sonora State, Mexico.

The La Escondida property is comprised of two mineral concessions that cover 439.8 acres approximately 124 miles northeast of the city of Hermosillo in Sonora State, Mexico. The surrounding region has seen significant recent activity by foreign mining companies. Nineteen miles to the northeast of the property is NYSE-listed Yamana Gold Inc.’s Mercedes project, a development stage gold-silver project expected to start production at a rate of approximately 120,000 gold equivalent ounces per year from 2012. Eighteen miles to the north of Gold American’s La Escondida project is the Oroco Resources Corp.’s Cerro Prieto project, which recently reported 383,833 ounces gold and over 6 million ounces of silver reserves.

The La Escondida property is host to two distinct mineralized targets associated with a fault: a bulk tonnage-style gold-silver-lead disseminated area and a high-grade epithermal vein-hosted silver and gold area.

“The La Escondida project is a valuable addition to our growing project portfolio,” commented Johannes Petersen, President of Gold American. “It has an exciting potential to host a gold-silver deposit and the property’s infrastructure is excellent. A sampling program carried out at the end of 2009 showed that the property contains multiple targets with high-grade silver grades and good values of gold and lead. Several of the target zones remain open in at least one direction, and it has been determined that historic workings reached only the 30 meters depth level. These findings are significant in that there is the potential, with additional exploratory work, to show mineralization over much greater strike lengths and depths,” added Mr. Petersen.

 

 

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Capital Gold Corporation (NYSE Amex:CGC) provided a production and operational outlook for fiscal 2011 (August 1, 2010 to July 31, 2011) at the Company’s mining projects in Mexico, including the El Chanate open pit mine in Sonora, the Saric exploration property that is also in Sonora and the Orion project in the State of Nayarit.

In fiscal 2011, Capital Gold expects to produce 65,000 to 70,000 ounces of gold. In order to meet the Company’s production target, approximately 5.4 million tonnes of ore is anticipated to be processed for the year with an average grade of 0.70 grams per tonne gold and a strip ratio of 2:1.

Capital Gold’s President, Colin Sutherland, stated: “Our commitment is to consistently improve upon our operational efficiencies at the El Chanate mine. The Company is focused on optimizing operations at El Chanate in order to further increase gold production, and at the same time, look to fully exploit our development potential at both Orion and Saric.”

Capital Gold Corporation is a gold production and exploration company. Through its Mexican subsidiaries and affiliates, it owns 100% of the “El Chanate” gold mine located near the town of Caborca in Sonora, Mexico. On August 2, 2010, Capital Gold acquired Nayarit Gold Inc. and merged it into its wholly owned subsidiary. Capital Gold is focused on optimizing the El Chanate operations and advancing the Del Norte deposit in the Orion District in the state of Nayarit, Mexico. Capital Gold also owns and leases mineral concessions near the town of Saric, also in Sonora, that are undergoing exploration for gold and silver mineralization.

 

 

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Great Basin Gold Ltd, (NYSE Amex:GBG) reports an updated mineral resource estimate for its Burnstone Project in the Mpumalanga Province, South Africa.

President and CEO Ferdi Dippenaar commented: “The focus in the past 12 months has been on construction and development of this exciting project, with exploration limited to strategically-placed surface drilling, and closer-spaced underground delineation and cover drilling. Nevertheless we have increased the overall resources, by some 75% in inferred and 3% in the more detailed measured and indicated categories, and added to the life of the mine. Concurrent sampling of approximately 3,600 metres of underground development on the reef has contributed to an improved understanding and higher confidence in the orebody. This is valuable information that will assist in achieving the increased rate of mining planned for the remainder of 2010 and 2011.”

The Burnstone goldfield is defined by an 18 kilometer long, northwesterly trending mineralized corridor hosting the Kimberley Reef, one of four main gold-bearing units in the Witwatersrand Basin. At Burnstone, the central portion of the gold corridor has been uplifted by two northwesterly trending sub-parallel faults and, as a result, a significant portion of the deposit areas along the trend occur at relatively shallow depths of 200-750 meters below surface.

 

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

 

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings, Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

 
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DrStockPick Reports On Gold Mining Companies AUY, ORFG and HMY.

Friday, August 20th, 2010

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Orofino Gold Corp. (Pinksheets:ORFG.PK) has acquired a 55% interest in the Mina Azul/La Estrella property with the rights to acquire up to 80%. By acquiring its interest in an established operating mine, Orofino has established itself as a serious participant in the effort to revitalize the Senderos de Oro mining scene. Furthermore, the local technical team from the Mina Azul/La Estrella Mine will assist the Company in its exploration and development efforts. This assistance will be particularly useful for the current properties under option to Orofino.

ORFG’s shareholder representatives and key consultants have met with Colombian government officials to review their approach to the development of these properties. President Uribe (now to be President Santos) encouraged Artisanal miners to organize into co-operatives that will have legal status and will allow Orofino to partner with them on a long term basis.

ORFG’s objectives of bringing social benefits to the Artisanal miners, and their communities, and to include them in the planning activities that affect their lives, match those of the Government. Senior officials have offered full support of the government departments that facilitate and regulate exploration and mining activities.

 

 

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YAMANA GOLD INC. (NYSE:AUY) has further increased its dividend. All dollar amounts are expressed in United States dollars unless otherwise specified.

The Board of Directors has approved an increase in Yamana’s dividend to an annualized $0.08 per share, or $0.02 per share per quarter. This represents a 100 percent increase over the 2009 annualized dividend of $0.04 per share, or $0.01 per share per quarter and a 33 percent increase over the annualized dividend increase to $0.06 per share, or $0.015 per share per quarter announced last quarter.

The dividend increase will be in effect for the third quarter dividend, payable on Thursday, October 14, 2010, to holders of record at the close of business on Thursday, September 30, 2010. The dividend is an “eligible dividend” for Canadian tax purposes.

Yamana is committed to delivering value to shareholders including cash value by means of dividends and it will continue to periodically evaluate the dividend level as its cash flows increase.

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Yamana plans to continue to build on this base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.

 

 

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Harmony Gold Mining Company Limited (NYSE:HMY) has declared a final dividend of 50 SA cents per share for the second successive year.

Announcing the company’s results for the quarter and year ended 30 June 2010, CEO Graham Briggs says the dividend indicates Harmony’s return to stability and continuing delivery on its strategy to attain sustainable profitability, funding dividends and growth.

The company recorded a 49% improvement in cash operating profit for the quarter, to R942 million. This is attributable mainly to an 11% increase in the Rand gold price received to R295 580/kg, and also to production improvements.

Gold production increased by 4% to 346 714 ounces, reflecting an 11% increase in tonnes milled to 4 699 tonnes. Recovered grade was fairly constant at 2.24g/t, but was influenced by an increase in lower-grade tonnage from surface operations and the inclusion of Hidden Valley’s operational results for the first time. The underground grade improved by 5.6% to 4.71g/t.

Total costs for the quarter in Rand terms increased by 8.6% to R168 million. The main contributor being the inclusion of Hidden Valley’s operating cost for the first time and the higher cost of electricity due to power utility Eskom’s 25% price hike and higher-winter tariffs.

Briggs remains optimistic about Harmony’s future. “Our South African assets will generate sufficient cash to fund our growth ambitions. The Hidden Valley mine has been successfully commissioned, and we are currently busy with feasibility studies and concept studies at Wafi/Golpu and outside of the joint venture, Harmony acquired approximately 8 000 km² of exploration tenements, which promises significant upside potential.”

The company remains highly competitive, with the lowest underground R/t costs amongst South African gold operations.

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

 

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising services.

 
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Gold Mining Companies Are On The Move All Around The World (ORFG, JAG, GOLD)

Wednesday, August 18th, 2010

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Orofino Gold Corp. (ORFG.PK) has several viable Gold development properties in Colombia, a current hot spot of gold production in the world markets.

The results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects give Orofino four very strong targets and two extremely rich structures to target for Gold and Copper.

At Orofino’s Senderos de Oro project, government recorded Gold production from the area has been significant with production records between 1987 to present of over 1,300,000 ounces. All production has been Artisanal (small miners) in nature and production continues to this day.

With the frequent occurrence of the very high grade gold vein systems in the central area of Orofino’s Senderos de Oro project and with several small scale grinding and amalgamation mills in-place, Orofino is planning to design a central processing and recovery facility that is modular in design (each additional module added creates 10,000 ounces of annual production) and will be capable of processing enough high grade material to produce up to 120,000 ounces of gold annually. ORFG continues to explore further the Primary Porphyry Target which is the bulk minable gold/copper porphyry systems.

Orofino Gold has reviewed several engineering and design firms with gold production facilities design and operational experience and is currently creating a short list prior to engaging the design team.

ORFG intends to continue the relationships currently enjoyed with all government agencies, local communities, as well as current production teams and will involve these groups in all major processing and production planning decisions.

Jaguar Mining Inc. (NYSE:JAG) is one of the fastest growing gold producers in the world. Jaguar’s plan is to significantly expand gold production from 70,000 ounces produced in 2007 to 600,000 ounces of gold in 2015 through its wholly-owned operations in the state of Minas Gerais, Brazil. Jaguar operates in a prolific greenstone belt with a rich history of gold mining. Jaguar is actively exploring and developing additional mineral resources at its 65,500 acre land base in Minas Gerais and on an additional concession base totaling 186,600 acres in the state of Ceará in the northeast of Brazil through a joint venture.

Jaguar is committed to increasing shareholder value through its aggressive expansion program, sizeable exploration effort and commitment to a best practices program where health, safety and environmental considerations receive the highest priority. Jaguar is a relatively low-cost gold producer and has no gold hedges in place thereby providing the leverage to gold prices directly to its investors.

Jaguar is a Canadian-chartered entity with its headquarters in Concord, New Hampshire, USA. The common shares of Jaguar are listed on the Toronto Stock Exchange and the NYSE Exchange under the symbol JAG.

Randgold Resources (Nasdaq:GOLD) posted a quarterly profit increase of 52% on the previous quarter and 92% on the corresponding prior year quarter, while its profit for the six months to June was up 88% year on year.

Randgold recently reported that commissioning of the plant at its new Tongon mine in Côte d’Ivoire was under way ahead of schedule. Because of the expected earlier start-up, Tongon’s production guidance for this year had been increased by approximately 10%. The company said it is targeting to bring the start of construction at the giant Kibali project in the Democratic Republic of Congo forward by six months to the middle of 2011 in the light of the rapid progress it had made in the pre-development phase.

While production for the quarter was down 17%, the profit of US$36.4 million was boosted by a higher gold price, a gain of US$6.3 million on the sale of part of the company’s stake in Volta Resources and by the write-back of a US$13 million provision in respect of an investment in Auction Rate Securities following the settlement of this issue.

Production and hence the cost profile for the quarter were impacted by issues at Randgold’s flagship Loulo operation in Mali, which suffered from extensive power black-outs during the period. Loulo is also still settling down its plant expansion project and dealing with the Yalea underground development. Production and cost levels are expected to be back on target by the fourth quarter.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

drstbc

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.  Crown Equity Holdings Inc. (CRWE.OB) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising services.

 
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Gold Mining Companies Continue To Shine: (ORFG.PK NYSE:NSU NASDAQ:GOLD)

Friday, August 13th, 2010

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Orofino Gold Corp. (ORFG.PK) is a new high growth gold company whose mandate is to acquire, explore and develop to compliant proven reserves major gold targets in historically rich gold bearing jurisdictions of Mexico and Colombia two of the most significant gold producing countries in the world.

ORFG’s competitive advantages are the close long term relationships to Mexico and Colombia with their numerous high quality low cost gold opportunities. Orofino has a Spanish speaking team with geological leadership with over 30 years in Mexico and 28 years in Colombia.

ORFG has several viable Gold development properties in Colombia, a current hot spot of gold production in the world markets.

The results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects give ORFG four very strong targets and two extremely rich structures to target for Gold and Copper.

Orofino intends to continue the relationships currently enjoyed with all government agencies, the local communities, as well as current production teams and will involve these groups in all major processing and production planning decisions.

 

 

Nevsun Resources Ltd. (NYSE Amex:NSU) is pleased to provide a brief update on the Bisha project and the second quarter results.

The Bisha Project is positioned to be Eritrea’s first modern day mine, with production anticipated to yield 1.06M oz gold, 734M lb copper, 1B lb zinc and 9.4M oz silver. Gold will be produced at an operating cost of less than $250/oz, with copper operating costs ranging from $0.54-$0.67/lb, and zinc operating costs at $0.50/lb. Bisha benefits from the continued support of the Eritrean government.

Mine construction continues as scheduled and as at the date of this release the Bisha project is now over 70% complete. During the course of Q2 2010, the following was achieved:

* Completion of the majority of structural steel, plate work and mechanical elements of the project;
* Installation of the Ball and SAG mills;
* Installation of the liner in the tailings management facility commenced; and
* Pre-strip mining continued per plan.

Cost expenditures over the quarter were incurred as planned and the project remains on track to come within the targeted $260 million total cost. As at June 30, 2010, approximately $168 million had been spent and a further $32 million had been ordered or arranged.

 

 

Randgold Resources (Nasdaq:GOLD) posted a quarterly profit increase of 52% on the previous quarter and 92% on the corresponding prior year quarter, while its profit for the six months to June was up 88% year on year.

Randgold recently reported that commissioning of the plant at its new Tongon mine in Côte d’Ivoire was under way ahead of schedule. Because of the expected earlier start-up, Tongon’s production guidance for this year had been increased by approximately 10%. The company said it is targeting to bring the start of construction at the giant Kibali project in the Democratic Republic of Congo forward by six months to the middle of 2011 in the light of the rapid progress it had made in the pre-development phase.

While production for the quarter was down 17%, the profit of US$36.4 million was boosted by a higher gold price, a gain of US$6.3 million on the sale of part of the company’s stake in Volta Resources and by the write-back of a US$13 million provision in respect of an investment in Auction Rate Securities following the settlement of this issue.

Production and hence the cost profile for the quarter were impacted by issues at Randgold’s flagship Loulo operation in Mali, which suffered from extensive power black-outs during the period. Loulo is also still settling down its plant expansion project and dealing with the Yalea underground development. Production and cost levels are expected to be back on target by the fourth quarter.

**************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

 

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising services.

 
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