Orofino Gold Corp. (ORFG)

In medieval times, gold was often seen as beneficial for the health, in the belief that something that rare and beautiful could not be anything but healthy. Even some modern esotericists and forms of alternative medicine assign metallic gold a healing power. Some gold salts do have anti-inflammatory properties and are used as pharmaceuticals in the treatment of arthritis and other similar conditions. However, only salts and radioisotopes of gold are of pharmacological value, as elemental (metallic) gold is inert to all chemicals it encounters inside the body.

Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.

Orofino Gold Corp. recently announced the appointment of Mr. Salvador Rivero to the company’s Board of Directors.

Mr. Rivero brings to Orofino a wealth of knowledge in the areas of business, corporate finance, and mining operations. After graduating from law school in Mexico, Mr. Rivero spent the next 25 years developing a thorough understanding of the processes necessary to successfully discover, acquire, and develop, mineral concessions with the potential of containing valuable mineral deposits. Considered by Orofino as an acquisitions specialist, Mr. Rivero has been involved in the development of various turn-key projects in mining, energy, fertilizer, oil and gas, and shipping sectors.

For more information, visithttp://www.orofinogold.com

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American Video Teleconferencing Corp. (AVOT)

Rare earths were first found by a Finnish scientist Gadolin in 1794 and he named it Rare Earth. Actually they are neither rare like gold or earths like magnesium or calcium. The proven reserves have reached 100 million tons REO, its present annual consumption is 75,000 tons of REO.

Rare earth resources mainly exist in China, Northern America, Russia, India and Australia as mineral forms in nature. The most common minerals are bastnasite and monazite; both of them are rich in light rare earth. Xenotime and ion-adsorption clay minerals are the major source for heavy rare earth, especially in ion-adsorption clay minerals, which are only found in the south of China.

Rare Earth elements are all very similar as there is little difference in the outer electron configuration, so their separation is difficult, there are two principal methods for separating Rare Earth chemicals, solvent extraction and ion exchange, purities up to 99.999% can be obtained with either technique.

American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is normally known for its business and efforts of exploration in Rare Earth Elements. According to the Company, it aggressively continues to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.

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IPC The Hospitalist Company, Inc. (Nasdaq:IPCM) a leading national physician group practice company, announced that it has appointed Kerry Weiner, M.D., to the newly created position of Chief Clinical Officer. Dr. Weiner will report to Adam Singer, M.D., IPC’s Chairman and Chief Executive Officer. In his new role, Dr. Weiner will lead the clinical functions of the Company and is charged with continuing the development of hospitalist leaders throughout IPC.

IPC The Hospitalist Company, Inc., a physician group practice company, provides hospitalist services in the United States. The company, formerly known as InPatient Consultants Management, Inc., was founded in 1995 and is headquartered in North Hollywood, California.

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Unilife Corporation (Nasdaq:UNIS) announced it has commenced a scheduled realignment of its operating infrastructure in preparation for the upcoming full commercial production and sale of its innovative drug delivery devices to healthcare and pharmaceutical customers. This realignment is being led by Unilife’s Chief Operating Officer, Dr. Ramin Mojdeh. he adoption of these business efficiencies is expected to improve Unilife’s cash flow and extend cash reserves by over $12 million during calendar year 2011. Through the elimination or deferral of expenditures no longer required at this time, Unilife expects to reduce operating expenses by approximately $5 million during calendar year 2011, and streamline capital spending programs to further improve cash reserves by approximately $7 million during calendar year 2011. These adopted changes will better enable Unilife to efficiently focus cash resources on the production and sale of the Unifill® prefilled syringe, the Unitract® 1mL syringe, and the commercialization of other pipeline products.

Unilife Corporation, a medical device company, focuses on the design, development, manufacture, and supply of a proprietary range of retractable syringes in the United States and internationally.

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DRI Corporation (Nasdaq:TBUS) a digital communications technology leader in the global surface transportation and transit security markets, announced that it has secured extensions for existing credit and loan agreements with its U.S. lenders, PNC Bank, National Association (”PNC”) and BHC Interim Funding III, L.P. (”BHC”), respectively, through April 30, 2012.

DRI Corporation, through its subsidiaries, designs, manufactures, sells, and services information and surveillance technology products. DRI Corporation was founded in 1983 and is based in Dallas, Texas.

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

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. Crown Equity Holdings Inc. (CRWE.OB) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (AVOT.PK) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.

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Orofino Gold Corp. (ORFG.PK), is a precious metals acquisition, exploration, and development company, which acquires and explores strategically-located precious metals properties in the historically rich gold-bearing jurisdictions of Colombia and Mexico. To this end, Orofino has signed an option agreement to acquire several properties in Colombia, a current hot spot of gold production.

With the frequent occurrence of the very high grade gold vein systems in the central area of its 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.

In addition, the company continues to further explore the Primary Porphyry Target, which is the bulk minable gold/copper porphyry systems.

Orofino previously stated that as result of the recent site visit and meetings with Colombian Geologists who are well informed on this area, it has been determined that current estimates for the area are that each of the areas of lode mines may prove to contain more than 1,000,000 ounces of Gold with a Silver credit.

While this is of great interest to the company, the current development program is targeting a very large, multi million ounce bulk minable porphyry Copper-Gold deposit which may prove to contain estimates exceeding 5 million ounces in precious metals with associated base metals.

Hecla Mining Company (NYSE:HL) has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock, for a total amount of approximately $138,000. The cash dividend is payable October 1, 2010, to shareholders of record on September 15, 2010. There are a total of 157,816 shares of Preferred B Stock outstanding.

The Board of Directors also elected to declare the regular quarterly dividend on the outstanding 6.5% Mandatory Convertible Preferred Stock in the amount of $1.625 per share and to pay such dividend in cash, for a total amount of approximately $3.27 million. The dividend is payable October 1, 2010, to shareholders of record on September 15, 2010. There are a total of 2,012,500 shares of the 6.5% Mandatory Convertible Preferred Stock outstanding. Hecla’s Mandatory Convertible Preferred Stock will be converted into common stock in January 2011.

Hecla Mining Company and its subsidiaries headquartered in Coeur d’Alene, Idaho, mine, process and explore for silver and gold in the United States and Mexico. Hecla has been in business for 119 years and has long been well known in the mining world and financial markets as a quality producer of silver and gold.

Goldcorp Inc. (NYSE:GG) and Andean Resources Limited report an agreement whereby Goldcorp will acquire, through a scheme of arrangement under Australian law (“the Arrangement”), all of the outstanding shares of Andean. The total consideration for the purchase of 100% of the fully diluted shares of Andean is approximately C$3.6 billion.

Andean’s principal asset is the 100%-owned Cerro Negro gold project, an advanced-stage, high-grade vein system located in the Santa Cruz province of Argentina. Comprising 215 square kilometers, Cerro Negro currently has reported indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver. Inferred resources total 523,000 ounces of gold and 3.12 million ounces of silver1. Cerro Negro also contains several other vein structures, including the Mariana Central zone, where numerous recent drill intercepts have demonstrated high-grade gold and silver over significant widths.

Goldcorp is the lowest-cost and fastest growing multi-million ounce gold producer with operations throughout the Americas. Its gold production remains 100% unhedged.

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

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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UDS, Universal Technology Solutions, Inc. (DTSL.PK) works for food.

It also works for retail and other businesses. Wholly owned by Delivery Technology Solutions, the leader in providing comprehensive custom-developed catering/delivery solutions to industries throughout North America, UDS has mastered the five essentials of a business’ customer delivery solution.

UDS 5-Star Delivery Solutions include One Number/Online Ordering, Call Center Excellence, Point-of-Sale Integration, Site Delivery Coordination, and Marketing & Training Systems.

A business’ ideal delivery partner, UDS brings dedicated people together with advanced technology UDS has invested strategic time and capital into developing its 5-Star Delivery Solutions for chain businesses that are ready to expand their marketplace, win additional market-share and build their bottom line.

More about DTSL at: www.universaldelivery.com

EQ Labs, Inc. (EQLB.PK) announced today that it closed a deal with Terrible Herbst Corporation to place EQ Energy Drink in 108 Terrible Herbst convenience stores effective immediately. As a result of this closing, EQ Labs expects to receive a large commercial order for its energy drink to stock all 108 Terrible Herbst stores within the next 30 days.

Mo Owens, Chief Executive Officer of EQ Labs, stated, “This order is confirmation of the popularity of EQ. We have spent a lot of time and energy building our brand. This order provides the economic benefit of a large order. In addition, the advertising opportunity and the desired location of many of Terrible Herbst’s locations will place our product line in front of millions of potential customers. “

Owens added, “This deal would not be possible without the help of Mark Walters and Rio Valentino. Mark Walters, Director of Merchandising and Sales for Terrible Herbst is an expert in the sales and merchandising business. We are also consummating a relationship with a major distributor as a result of Mark’s extensive relationships. I also can’t forget Rio Valentino, our Vice President of Sales. Rio’s persistence and skills is one of the biggest reasons why are sales are beginning to accelerate and we hope to make many more announcements like this one over the near future. This is a very big moment for our company.”

More about EQLB at: www.drinkeq.com

Orofino Gold Corp. (PinkSheets:ORFG.PK) has gone where other mining companies have gone before, Colombia, and Colombia may just be the new California.

Mining is being promoted by the Colombian Government because mining has the potential to employ a lot of people.

Government efforts to expand mining in Colombia were needed to encourage private sector investment. The government set a policy of developing infrastructure (roads, electricity, and communications), providing technical assistance, and encouraging sound credit and legal policies to minimize problems with land titling.

Colombia has since made major improvements to its infrastructure. The deregulation process that began in the early 1990’s emphasized modernizing infrastructure in specific areas that are key to attaining global competitiveness.

Through joint ventures and the promotion of small mining companies, the mining sector can contribute more to national employment, income, and wealth.

Colombia is a free market economy with major commercial and investment ties to the United States. Transition from a highly regulated economy has been underway for more than 15 years with tariff reductions, financial deregulation, privatization of state-owned enterprises and adoption of a more liberal foreign exchange rate. These policies eased import restrictions and opened most sectors to foreign investment.

Foreign investors are welcomed as technology, management expertise, access to oversees markets, and finance, can be brought to the market
Colombia’s economy is heavily dependent upon its natural resources. Main exports include its well known coffee, petroleum and petroleum products, emeralds, fruits, flowers, iron and steel, textiles and apparel.

Colombia has not suffered any dramatic economic collapses. Prudent fiscal policies are maintained and economic reforms including tax; pension and budget reforms are pursued.

The sustained growth of the Colombian economy can be attributed to an increase in domestic security, the policies of keeping inflation low and maintaining a stable currency (the Colombian peso), petroleum price increases and an increase in exports to neighboring countries and the United States as a result of trade liberalization.

It appears that this is Colombia’s time, and Orofino may be in the right place at the right time.

More about ORFG at: www.orofinogold.com

Converted Organics Inc. (Nasdaq:COIN) today announced that CEO Edward J. Gildea was among eight “green” executives selected to present at the Agriculture 2.0 Global Investments Conference on September 14, 2010 in New York City. Mr. Gildea will discuss Converted Organics’ proprietary agricultural technology and TerraSphere’s vertical farming systems on the Agriculture 2.0 Investment Opportunities panel at 2:00 p.m. EDT. Converted Organics will also have an information display table at the event.

Agriculture 2.0 is produced by NewSeed Advisors, an integrated investment banking and management consulting practice that brings together sustainable agriculture entrepreneurs and investors. The September conference is NewSeed’s third in a series of events focused on the nuances of investing in sustainable agriculture on a global scale.

More about COIN at: www.convertedorganics.com

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

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. (OTC: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. Crown Equity Holdings Inc. (CRWE.OB) has received fifteen thousand dollars in cash from a third party (EEA, Inc ) for (7) days of advertising for EQ Labs, Inc. (EQLB.PK).Crown Equity Holdings Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from a third party (Ceiba Network/PenStox) for (30) days of advertising for Delivery Technology Solutions, Inc. (DTSL.PK).

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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.

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

Orofino 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.

At ORFG’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.

Kinross(NYSE:KGC) reports the formation of a soliciting dealer group and engagement of BMO Capital Markets (”BMO”) as soliciting dealer manager in connection with the special meeting of shareholders of Kinross to be held on September 15, 2010 to approve the issuance of Kinross common shares and Kinross common share purchase warrants in connection with the Red Back transaction.

BMO has agreed to form a soliciting dealer group consisting of members of the Investment Industry Regulatory Organization of Canada and The Toronto Stock Exchange. Members of the soliciting dealer group will be invited to solicit proxies from shareholders of Kinross in favour of the shareholder resolution. Subject to certain exceptions, a solicitation fee of CDN $0.10 for each Kinross common share voted in favour of the shareholder resolution will be payable where (a) such soliciting dealer’s name appears on a form of proxy or voting instruction form, or (b) if no such name is contained on such form of proxy or voting instruction form, the Kinross common share is held in a trading account with such soliciting dealer.

The fees payable to a soliciting dealer are subject to the following: (a) the solicitation fee payable in respect of any single beneficial shareholder shall not be less than CDN $75 or more than CDN $1,500 per soliciting dealer; and (b) the minimum fee of CDN $75 shall only be paid in respect of any one beneficial owner where the number of Kinross common shares owned and so voted by such beneficial shareholders is greater than or equal to 300. BMO will also be reimbursed by Kinross for all reasonable costs and expenses incurred by it. No solicitation fees will be payable if the shareholder resolution is not adopted. Kinross will bear the costs of the solicitation of proxies.

Newmont Mining Corporation (NYSE:NEM) is primarily a gold producer, with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. Founded in 1921 and publicly traded since 1925, Newmont is one of the world’s largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500. Headquartered near Denver, Colorado, the company has over 33,000 employees and contractors worldwide.

As of December 31, 2009, Newmont had proven and probable gold reserves of 91.8 million equity ounces and an aggregate land position of approximately 38,840 square miles (100,600 square kilometers).

Newmont’s objective is to fill production pipeline with quality projects to replenish reserves and sustain business. This is achieved by identifying internal and external opportunities, which are evaluated and acedt upon in partnership with the Corporate Development team.

Newmont typically has several projects at various stages of development in their pipeline at any given time. Newmont evaluates the viability of each project using a five-phased process called Stage Gate, which ensures they complete the necessary work and analysis before approving and advancing to the next stage of development.

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

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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Orofino Gold Corp. (PINK:ORFG) engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. The company has an option to acquire properties in the Sur de Bolivar Department of Colombia South America. Orofino Gold Corp. was formerly known as SNT Cleaning, Inc. and changed its name to Orofino Gold Corp. in December 2009. The company was founded in 2005 and is based in Central, Hong Kong.

Orofino Gold Corp. has several gold properties & projects in Colombia, a current hot spot of gold production in the world markets. Geologically it looks the same and local informed geologists say its model is bigger, broader widths and longer strike.

With the frequent occurrence of the very high grade gold vein systems in the central area of its Senderos de Oro project, and with several small-scale grinding and amalgamation mills in-place, Orofino is planning to design a new 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.

Ownership of gold and silver - along with quality precious metals mining shares - is becoming one of the hottest investments on the planet.

Randgold Resources (Nasdaq:GOLD) reported recently 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.

Newmont Mining Corporation (NYSE: NEM) recently released information correcting a number of inaccurate claims by PT Pukuafu Indah (”PTPI”), an Indonesian shareholder in PT Newmont Nusa Tenggara (”PTNNT”). PTNNT owns and operates the Batu Hijau gold and copper mine on the island of Sumbawa.

Recently, PTPI issued public statements claiming the right to acquire previously divested shares in PTNNT. Newmont’s and Sumitomo Corporation’s subsidiaries divested these shares to another Indonesian company as required under PTNNT’s Contract of Work with the Indonesian Government and in accordance with a 2009 ruling of an international arbitration panel.

“PTPI has long wished to have a right to acquire the divestiture shares,” said Blake Rhodes, Vice President & Deputy General Counsel. “The Indonesian Government, however, has an explicit right of first refusal under the Contract of Work. PTPI’s claims are contrary to the Government’s priority rights.” The Contract of Work expressly provides that PTNNT “…shall ensure that its shares owned by the Foreign Investor(s) are offered either for sale or issue firstly, to the Government….”

At all times relevant to fulfilling the divestiture obligations, PTPI did not, and presently does not, have any right of first refusal to acquire the divestiture shares. Furthermore, in fulfilling its divestiture requirements, Newmont did not breach any obligations to PTPI. Certain of PTPI’s public assertions - including that PTPI paid Newmont for some or all of the divestiture shares - are patently false as Newmont did not receive any such payments. If it had, the Company would have been required to disclose the payments.

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

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.