Dallas 3/3/2012 12:40:40 AM
News / Finance

GDSM, BIOF, SCEI are included in our Top Penny Stock Gainers

GDSM, BIOF, SCEI are active stocks in the news today.

Gold Coast Mining Corp. (PINK: GDSM) reached up 48.75% in morning trading to $.0119 with 47M shares traded. Gold Coast Mining Corp. plans to pursue growth and enhance shareholder value through acquisition opportunities in and out of the mining industry. There are many lucrative mining projects that are sitting idle due to lack of capital and/or financing direction. Gold Coast will seek to capitalize on these opportunities by securing capital, finance consulting, equipment assistance and other financial assistance to these companies/projects. Gold Coast Mining Corp. (Pink Sheets: GDSM), announced that the Company has filed a Supplemental Information Report with Pink Sheets outlining the details of its recently announced Joint Venture Agreement ("JV") with Western Sierra Mining ("WSRA") on the Gold Crown and the GS1 thru GS4 (formally Gold Star) mining claims (the "Claims").

BioFuel Energy (NASDAQ:BIOF) reached up 11.11% in morning trading to $.80 with 3M shares traded. BioFuel Energy goal is to become one of the leading ethanol producers in North America. Headquartered in Denver, Colorado, the company owns and operates two of the largest dry mill ethanol facilities in the United States. We produce 230 million gallons per year of fuel grade ethanol and 720,000 tons of distillers grains at these facilities and deliver these products to fuel blenders and agricultural users both locally and nationwide. BIOFUEL ENERGY CORP. (NASDAQ:BIOF - News) announced that, for the quarter ended December 31, 2011, it generated $4.5 million of net income on revenues of $164.0 million, compared with a net loss of $1.1 million on revenues of $141.4 million in the year-ago quarter.

Sino Clean Energy Inc. (NASDAQ: SCEI) reached up 25.47% in morning trading to $2.66 with 2M shares traded.  Sino Clean Energy is commercial producer and distributor of coal-water slurry fuel (“CWSF”) commonly referred to as Coal Water Mixture ("CWM") which is clean fuel that consists of fine coal particles suspended in water. Sino Clean Energy Inc. (NASDAQ: SCEI - News) yesterday announced that Thornhill Capital LLC ("Thornhill") recently completed its Asset and Cash Verification Reports for the Audit Committee of the Company.

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