High Plains Gas, Inc. (OTCBB: HPGS) reached up 32% in morning trading to $.066 with 1M shares traded. High Plains Gas Inc. is a provider of goods and services to regional end markets serving the energy industry. They provide construction and field maintenance services primarily to the energy and energy related industries mainly located in Wyoming and North Dakota through their subsidiaries Miller Fabrication LLC, and HPG Services. They produce natural gas from the Powder River Basin located in Northeast Wyoming through their subsidiary High Plains Gas, LLC. High Plains Gas, Inc. (OTCBB: HPGS.OB - News) announced today results for the fourth quarter and the fiscal year ended December 31, 2011. Revenue Results: The Company recognized revenue for the fourth quarter ended December 31, 2011 of approximately $7.0 million. Contributing to the substantial increase of quarterly revenue was the energy construction and field maintenance services segment, comprised of Miller Fabrication, LLC and HPG Services which accounted for approximately $5.0 million. Revenues for the fiscal year ended December 31, 2011 were approximately $17.2 million as compared to approximately $2.6 million during the corresponding period 2010.
China Education Alliance, Inc. (OTCQX: CEAI) reached up 57.58% in morning trading to $1.56 with 100K shares traded. China Education Alliance, Inc. is a leading educational services company offering high-quality instructors and online education materials for students between the ages of 6 to 18 and adults (university students and professionals) aged 18 and over. Divided into two segments, students and graduate professionals, our business model delivers the skills and knowledge necessary to excel in a rapidly growing and highly competitive China. The Company provides students in the first segment with online education materials sourced from top tier schools and famous instructors for download, as well as online training and tutoring services. With teaching centers located across China, the Company also offers hands on training and tutoring to aid Chinese students pass the two most important tests they will face in their educational careers: the senior high school entrance and college entrance exams. In the second segment for graduates and professionals, China Education Alliance provides vocational training courses in subjects including IT, administration, multimedia, as well as several professional training programs. China Education Alliance, Inc. (OTCQX: CEAI.PK - News) announced yesterday its fourth quarter and fiscal 2011 results. The Company will host a conference call on Wednesday, April 18, 2012, at 8 a.m. EDT or 8 p.m. Beijing time. Financial Highlights for the Fourth Quarter ended December 31, 2011 Total revenues decreased by 31.8% to $8.5 million; Gross profit decreased 44.3% to $5.7 million; Operating income decreased 97.1%; Net income decreased 58.8% to $0.8 million; EPS was $0.08 per fully diluted share.
Denison Mines Corp. (TSX: DML)(AMEX: DNN) reached up 14.65% in morning trading to $1.6395 with 1M shares traded. Denison Mines Corp. is an intermediate uranium producer with production in the U.S., combined with a diversified development portfolio of projects in the U.S., Canada, Zambia and Mongolia. Denison’s assets include its 100% ownership of the White Mesa mill in Utah and its 22.5% ownership of the McClean Lake mill in Saskatchewan. The Company also produces vanadium as a co-product from some of its mines in Colorado and Utah. Denison owns interests in world-class exploration projects in the Athabasca Basin in Saskatchewan, including its 60% owned flagship project at Wheeler River, and in the southwestern United States, Mongolia and Zambia. Energy Fuels Inc. ("Energy Fuels" or "EFR") (TSX: EFR.TO - News) and Denison Mines Corp. ("Denison" or "DML") (TSX: DML.TO - News)(AMEX: DNN - News) yesterday announced that they have entered into a Letter Agreement to complete a transaction (the "Transaction") whereby EFR will acquire all of Denison's mining assets and operations located in the United States (the "US Mining Division") from Denison in exchange for 425,441,494 common shares of EFR (the "EFR Share Consideration").
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