This will be replaced by the player.

Posts Tagged ‘Orofino Gold Corp’

DIGA, ORFG, EQLB - DrStockPick Reports On Digital Angel, Orofino Gold Corp. and EQ Labs.

Tuesday, August 31st, 2010

drstock-2-3

signup3m

 

 

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

 

 

EQ Labs (Pink Sheets:EQLB) has begun a national advertising campaign with a 5 minute spot on ABC affiliate KTNV (Channel 13) in Las Vegas. Chief Executive Officer, Maurice Owens, was featured on “The Morning Blend” show talking about the virtues of EQ Energy drink while also displaying the company’s complete product line.

In the interview, Owens stresses the health factor of EQ, “No sugar, five calories.”

Owens continued, “The flavors are super. We have Mo Apple and Strawberry Dream. It takes about 30 seconds to get going.”

Chief Executive Officer Owens also stated that the market for EQ is very large and that he expects EQ Energy drink to be in 5,000 additional stores by year end as the company’s products are already in 45 states. Owens stated that the “Healthy Energy Drink” is being used by students, truck drivers and young adults because of its wide spread appeal.

Owens added toward the end of the interview, “We have three top distributors so we have access to about 150,000 stores.”

EQ Labs is engaged in the development, marketing and sale of EQ (”The Smart Energy Drink”). EQ is an effervescent tablet that can be dissolved in any beverage to provide instant energy. Consisting of a blend of essential vitamins, Gingko Biloba, and less caffeine than a cup of coffee. EQ is currently sold at Best Buy, 7-Eleven, Walgreens and other leading retailers.

 

 

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. To this end OROFINO has signed an option agreement to acquire several properties in Colombia.

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. OROFINO has performed due diligence on many prospective properties and has categorized three as good to high priority, high return opportunities for immediate investment. These properties are in areas of known gold reserves, low production costs and multi million ounce potential.

OROFINO GOLD CORP will open field offices in both Mexico and Colombia to take advantage of the local knowledge and cost effective talent pool.

 

 

diga_logo

Digital Angel (NASDAQ: DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, reports that its SARBE division has received full COSPAS-SARSAT type approval for its SARBE Advanced Aircrew Personal Locator Beacon (AAPLB).

The AAPLB had previously been type approved as a special use beacon which limited its potential to the military market in which SARBE is a market leader. Full type approval demonstrates that during testing the AAPLB achieved the highest performance levels set down by the COSPAS-SARSAT secretariat for Personal Locator Beacons. COSPAS-SARSAT is a global communications system that provides distress alert and location data to Search and Rescue (SAR) operations to assist persons in distress. The system uses satellites and ground facilities to detect and locate the signals of distress beacons operating on 406MHz.

Improvements made to the design and manufacture of the previously approved SARBE AAPLB necessitated the new COSPAS-SARSAT type approval. Following the award of the full type approval, SARBE finalized a contract to supply AAPLB’s to the Spanish Armed Forces. Spain joins the Armed Forces of the U.K. as users of this high performance, latest generation SARBE beacon.

Digital Angel’s products are utilized around the world in such applications as pet identification, using its patented, FDA-approved implantable microchip; livestock identification and herd management using visual and radio frequency identification (RFID) ear tags; and global positioning systems (GPS) search and rescue beacons for army, navy and air force applications worldwide.

 

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

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 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 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.

 
Share/Bookmark
 
 
 

CRWE News Wire Stock Highlight - Orofino Gold Corp, ORFG.PK, Goldcorp Inc, GG

Sunday, August 29th, 2010

orfg Orofino Gold Corp, ORFG.PK

OROFINO GOLD CORP. 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. To this end OROFINO has signed an option agreement to acquire several properties in Colombia.

The company has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America.

smallgoldnuggets

OROFINO’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. The company has performed due diligence on many prospective properties and has categorized three as good to high priority, high return opportunities for immediate investment. These properties are in areas of known gold reserves, low production costs and multi million ounce potential.

The company drilled it’s first gold prospect during the first quarter of 2010.

Results from mineralized and un-mineralized material samples, as well as selected representative samples collected from ORFG’s Colombian projects that ran higher than expected in gold, silver and copper, give the precious metals acquisition, exploration, and development company four very strong targets and two extremely rich structures to target for gold and copper. ORFG will now implement an airborne magnetometer program, as well as begin site preparation for the diamond drilling currently taking place.

Last Trade: 0.08

Visit ORFG’s website: http://www.orofinogold.com/index.html

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

GG, GOLDCORP INC. (NYSE:GG)

GG is North America’s fastest growing senior gold producer. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

GG has recently reported that the Los Filos mine in Mexico has become fully certified under the International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold (“the Cyanide Code”). Los Filos is Goldcorp’s fifth gold mine to receive full certification. The Marigold mine in Nevada was the first gold mine in the world to be fully certified under the Cyanide Code, followed by El Sauzal mine (the first in Mexico), Marlin mine (first in Central America) and Musselwhite mine (the first in Canada).

The Cyanide Code is a voluntary industry program for companies involved in the production of gold using cyanide. It was developed under the auspices of the United Nations Environment Program with the goal of safeguarding human health and the environment by promoting responsible management of cyanide used in gold mining.

“Los Filos’ certification is the latest example of Goldcorp’s leadership in environmental stewardship and social responsibility,” said Chuck Jeannes, Goldcorp President & Chief Executive Officer. “Goldcorp remains committed to operating all of its mines to the highest possible standards, with an emphasis on safeguarding the health and well-being of our employees and the communities in which we operate.”

GG is a leading gold producer engaged in gold mining and related activities including exploration, extraction, processing and reclamation. The Company’s operating assets include the Red Lake, Porcupine and Musselwhite gold mines in Canada, Peñasquito, Los Filos, El Sauzal, and San Dimas gold/silver mines in Mexico, the Marlin mine in Guatemala, the Marigold mine (67% interest) and Wharf mine in the United States and the Alumbrera mine (37.5%) in Argentina.

Last Trade: 44.34

To learn more about GoldCorp visit: http://www.goldcorp.com

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

The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

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. CRWENewswire.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 CRWENewswire.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://crwenewswire.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.

 
Share/Bookmark
 
 
 

CRWE News Wire Business News - Orofino Gold Corp, ORFG.PK, Kinross Gold Corporation, KGC

Saturday, August 28th, 2010

 

orfg Orofino Gold Corp, ORFG.PK

Orofino Gold Corp. (PINK:ORFG) 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.

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

Gold offers a safe way to hedge against falling fiat currencies (backed by faith and nothing else).

With Gold prices near $1,240 and ounce, Gold is real, gold is a solid investment.

goldnugget

ORFG.PK a precious metals acquisition, exploration, and development company, 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 more properties in Colombia.

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.

http://doubleinstocks.com/img/gold_bricks.jpg

In addition, the company continues to further explore the Primary Porphyry Target, which is the bulk minable gold/copper porphyry systems. ORFG geologists believe that more than 1,000,000 ounces of gold are acquirable on the property.

For More Information, please visit: http://www.orofinogold.com/

kcglogo Kinross Gold Corporation, KGC

Kinross Gold Corporation (NYSE:KGC) announced recently that it has completed its previously announced acquisition of companies owning the rights to the high-grade Dvoinoye deposit and the Vodorazdelnaya (Russia) exploration and mining licences. Both assets are located approximately 100 km north of Kinross’ Kupol operation in the Chukotka region of the Russian Far East.

The transaction, first announced on January 20, 2010, entailed the indirect acquisition of 100% of the participatory interests in Northern Gold LLC and Regionruda LLC, the owners of Dvoinoye and Vodorazdelnaya exploration and mining licenses, for consideration comprised of US$165 million in cash and approximately 10.56 million newly issued Kinross shares. The shares issued by Kinross are subject to a minimum hold period of four months after the closing date. The selling entities, who are related to Millhouse LLC, have expressed their intention to remain shareholders of Kinross for the foreseeable future.

goldbars

The acquisition will further consolidate interests and provide the Company with additional opportunities for exploration and mining in a highly prospective region of Russia where Kinross has a strong track record of operational success and community partnership over the past decade.

Kinross is a Canadian-based gold mining company with mines and projects in Canada, the United States, Brazil, Chile, Ecuador and Russia, and employs approximately 5,500 people worldwide. Kinross’ strategic focus is to maximize net asset value and cash flow per share through a four-point plan built on: delivering mine and financial performance; attracting and retaining the best people in the industry; achieving operating excellence through the “Kinross Way”; and delivering future value through profitable growth opportunities.

Please visit their website for more information: www.kinross.com

 

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

The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

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. CRWENewswire.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 CRWENewswire.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://crwenewswire.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.

 
Share/Bookmark
 
 
 

DrStockPick Provides Information On CSCO, CRWE and ORFG.

Friday, August 27th, 2010

drstock-2-3

signup3m

 

 

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

 

Cisco (NASDAQ:CSCO) has handed over more than 500 houses to the Government of Karnataka, as part of the completion of phase one of “Project Samudaya.” The initiative represents Cisco’s commitment to partner with the government in its Asare program towards helping rehabilitate flood affected communities in Karnataka. The handing over ceremony was held in N. Malkapur in Raichur district and was presided by Dr. B.S. Yeddyurappa, Karnataka chief minister, and Wim Elfrink, chief globalisation officer and executive vice president, Cisco Services.

The more than 500 houses that were handed over by Cisco in N. Malkapur and Khataknur villages of Raichur have been constructed as per the government guidelines and specifications, and the model design is based on the feedback received from the village residents.

During October 2009, as part of its commitment to corporate social responsibility, Cisco announced a donation of US $10 million commitment comprising cash, services, solutions and equipment over two years to support rehabilitation and reconstruction efforts in the Raichur district of Karnataka. Through the use of public-private partnerships towards helping build sustainable communities, Cisco committed to reconstruct five villages in the flood affected Raichur district: N. Malkapur, Khataknur, Talmari, Bichali and Chikkamanchal. The handing over of more than 500 houses marks the completion of the first phase of this project.

Cisco collaborates with government agencies and NGO leaders to develop 21st century sustainable education and health care models, enabled by collaborative networked information technology and communications. Cisco believes in the power of the network to establish connections between communities to facilitate more effective delivery of services to citizens, and provide a platform for economic regeneration.

Cisco very actively responds to most humanitarian disasters and in the past has participated in relief activities that include supporting the victims of the earthquake in Sichuan, China in 2008, those affected by Hurricane Katrina in the United States in 2005 and the Indian Ocean Tsunami in 2004.

csco_chart

 

 

 

 

Crown Equity Holdings Inc. (OTCBB:CRWE) reported recently 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.

Crown Equity Holdings, Inc. has increased its workforce to an amount of 35, compared to this time last year’s head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors that were recently hired in Pakistan.

The company has also expanded its Internet footprint internationally to include the following countries; Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.

Crown Equity Holdings, Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.

 

 

Orofino Gold Inc. (ORFG.PK) is a precious metals acquisition, exploration, and development company that’s offering investors a golden opportunity.

Orofino 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. To this end Orofino has signed an option agreement to acquire several properties in Colombia.

Orofino’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. Orofino has performed due diligence on many prospective properties and has categorized three as good to high priority, high return opportunities for immediate investment. These properties are in areas of known gold reserves, low production costs and multi million ounce potential.

Results from mineralized and un-mineralized material samples, as well as selected representative samples collected from Orofino’s Colombian projects that ran higher than expected in gold, silver and copper, give the precious metals acquisition, exploration, and development company four very strong targets and two extremely rich structures to target for gold and copper. Orofino will now implement an airborne magnetometer program, as well as begin site preparation for diamond drilling.

 

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

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 fifteen thousand shares of Cisco Systems, Inc. (CSCO) bought at 21.06 in the open market.

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.

 
Share/Bookmark
 
 
 

Gold Mining Companies Are The Jewels Of The Market! (NEM, ORFG, GOLD)

Thursday, August 26th, 2010

drstock-2-3

signup3m

 

 

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

 

 

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.

 

 

 

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.

 

 

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 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.

 
Share/Bookmark
 
 
 
  • Site Translator:
Exclusive Videos



Hot stocks to watch!

Motorola Inc - MOT

Fifth Third Bancorp - FITB

Crown Equity Holdings Inc. - CRWE.OB

Popular Inc - BPOP

Pfizer Inc - PFE

Flextronics International Ltd - FLEX

Isilon Systems Inc - ISLN

Seagate Technology Plc - STX

Bucyrus International Inc - BUCY

Tellabs, Inc - TLAB

Freeport-McMoRan Copper & Gold - FCX

iShares FTSE/Xinhua China 25 - FXI

Energy Select Sector SPDR ETF - XLE

Cleantech Transit, Inc. - CLNO.OB

Microsoft Corporation - MSFT

Marvell Technology Group Ltd - MRVL

ProShares UltraShort 20+ Year - TBT

RF Micro Devices - RFMD

Marshall & Ilsley Corp - MI

Activision Blizzard Inc - ATVI

Corning Inc - GLW

Mattel, Inc - MAT

 
 
Live With Dr.StockPick
Coming Soon
 
 

 

Follow Dr Stock Pick at
PennyOmega.com Vision

Every success must begin with a vision. If you can see it, you can achieve it.