Our Stocks to Watch today include Bolivar Mining Corporation (OTC: BOLV), Copper King Mining (OTC: CPRK), Global Links Corp. (OTC: GLCP), BlueStar Health, Inc. (OTC: BLSH), Exact Energy Resources, Inc. (OTC: EXER)
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BOLIVAR MINING CORPORATION (OTC: BOLV)
Detailed Quote: http://www.otcpicks.com/quotes/BOLV.php
Company Profile: http://www.otcpicks.com/bolivar-mining/bolivar-mining.htm
Company Overview
Bolivar Mining Corp, (BOLV or BMC) is a metals mining and exploration company engaged in global mining projects in over seven countries on three continents. By implementing efficient operations and engineering excellence, BMC will have opportunities to operate in areas where larger mining companies cannot operate profitably or have overlooked, thus allowing access to bring rich mineral reserves to the global market.
In a world beginning to starve for natural resources, Bolivar Mining Corporation (BMC) provides those mineral resources by exploring for and developing needed industrial and strategic mineral deposits that the larger companies cannot economically develop, due to their size and costs of operations. BMC currently has the mining rights to a number of industrial and strategic mineral deposits located on three continents and in over seven countries.
Projects:
Canada - Several projects are being evaluated for their metals potential and or are in the process of negotiating for the rights to mine gold, silver, and platinum group metals.
Ecuador - BMC is reviewing materials to begin exploration of a significant Carnotite deposit which will yield uranium and vanadium metal.
Peru - This country currently has the largest number of mining projects under evaluation, with a total of eight, ranging in metals from gold, silver and platinum to the uraninite group minerals.
Chile - BMC is in the process of developing an exploration program for several high-grade metal ores prospects.
Afganistan - BMC is exploring the opportunity to acquire several significant, high-grade iron ore deposits.
Pakistan - BMC is currently evaluating two high-grade metal ore deposits located in Pakistan. One is a high potential chromium deposit and the other is a high-grade iron ore deposit.
China - BMC is negotiating a joint-venture with our Chinese partner to develop gold and silver deposits.
BOLV News:
January 16 - Bolivar Mining to Explore Potentially Major Rare Earth Elements Deposits
Bolivar Mining Corp (OTC: BOLV) announces the expansion of exploration discovery of several potentially major economic Rare Earth Element (REE) mineral deposits occurring in Grenvillian-aged (1.1 billion years old) basement Charnockites, located in central Georgia, USA by our exploration/technical team. The occurrences have been evaluated by ground radiometrics plus soil and rock geochemistry. The deposits' gamma radiation intensity locally exceeds the average background gamma radiation by up to two orders of magnitude. The REE's occur in monazite-allanite veins with accessory rutile, magnetite, albite, quartz, apatite, and iron sulfides.
Michael M. Ellis, BMC's Chief Exploration and Mining Officer, states, "These deposits could have a major impact on Bolivar Mining and its shareholders. I am looking forward to completing our core drilling analysis and tracing geographically the full extent of these deposits in central GA."
According to the U.S. Geological Survey, Rare Earth Elements have not been mined domestically since 2002. The 2006 estimated value of refined REE's consumed in the United States was more than $1 billion USD. Currently, the U.S. Government's Strategic Stockpile has no REE's in inventory...zero REE's in case of a war or a national emergency. Based on the final 2005 reported data, the estimated marketplace uses of REE's are as follows: 32% of REE's were used in automotive catalytic converters; 21% of REE's consumed were for metallurgical alloys and additives; 14% were used in specialized glass polishing and ceramics; 10% were used as rare earth phosphors for lighting, televisions, computer monitors, radar and x-ray intensifying screens; 8% of REE's were used as petroleum refining catalysts; 2% were used to produce powerful permanent magnets; and 13% of the REE's used went into other high-tech products.
The trend for REE's is for a continued increase in many applications, especially automotive catalytic converters, small powerful permanent magnets, and rechargeable batteries. The demand is growing for mixed rare-earth compounds and for rare-earth metals and their alloys used in permanent magnets to drive powerful miniature headphones, speakers, and automatic locks on cars, base-metal alloys, super alloys, pyrophoric alloys, lighter flints, and armaments.
Uses for specific REE's are far too numerous to completely list here, but some of the growing demand for thorium is in quality glass optics; while the increase in demand for cerium compounds is greatest in automotive catalytic converters. Yittrium compounds have seen their demand grow tremendously for use in fiber optics, lasers, oxygen sensors, phosphors for fluorescent lighting, color televisions, electronic thermometers, x-ray intensifying screens, pigments, and superconductors, to name only a few.
Dr. Robert Cook, BMC's Chief Mineralogist and Geologist, states, "The mineralogy of the occurrences was established cooperatively with personnel of the Smithsonian Institution. The deposit has important similarities to the major Steenkampskraal deposit in South Africa."
For a glossary of terms and for more details on market uses of REEs, visit the company's website at http://www.bolivarmining.com/projects.php and select Georgia Project.
COPPER KING MINING (OTC: CPRK)
Detailed Quote: http://www.otcpicks.com/quotes/CPRK.php
Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.
CPRK News:
January 15 - Copper King Mining Corporation Signs Letter of Intent to Acquire Western Utah Copper Company
Copper King Mining Corporation (OTC: CPRK) announced that the company has entered into a letter of intent to purchase 100% of Western Utah Copper Company which is located in Milford, Utah. The strength of the transaction is based on a combination of factors which will bring the two companies together and provide for a change of management and board of directors to Copper King Mining Corporation.
The assets of Western Utah Copper Company are very extensive. The company holds approximately 90,000 acres of mining claims and a complete line of Caterpillar Mining equipment including their own processing mill which is near completion. The mill upon its completion is expected to process 2500 tons of ore per day, recovering 50-65,000 pounds of Copper per day plus Gold and Silver. The properties mineralization consists of Gold, Silver, Copper and other metals such as Tungsten and Molly.
Western Utah Copper Company currently employs upwards of 60 people including geologists, engineers, management, construction personnel and miners. The company is currently removing overburden from the ore body on several acres of their property. The company has removed a combined 1,600,000 tons of over burden and ore, and has stock piled 200,000 tons of ore in preparation of the completed mill. Upon the signing of the definitive agreement between the two companies, management will change and Mr. Mark Dotson of Western Utah Copper Company will become the President and CEO of Copper King Mining Corporation. Mr. Dwaine Allred will step aside and become a member of the board of directors.
The new company will keep the name Copper King Mining Corporation and the stock will not be reversed in this merger.
GLOBAL LINKS CORPORATION (OTC: GLCP)
"Up 180.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GLCP.php
Global Links Corp. is a diversified company, which has operations in Nevada, where it holds a commercial office building, Real Estate Gallerie, ltd. a full service real estate brokerage firm, and in Arizona where it holds approximately 1000 residential lots located in Kingman, Ariz., where it plans to build energy efficient, affordable, senior housing, and is developing affordable housing for the international community. In addition, the company is completing its r-e-info.net foreclosure information website.
GLCP News:
January 16 - Global Links Corp. Signs Multimillion Dollar Definitive Agreement to Acquire Southwest Title Company
Global Links Corp. (OTC: GLCP) announced that it has completed its due-diligence and has signed a multimillion dollar definitive agreement to acquire Southwest Title Company. The closing date is set for March 14, 2008. On January 8, 2008 Global Links Corp. reversed its common stock to bring the stock in line for the acquisition. "Our stock was trading at a very low sub-penny price. We needed to tighten our stock price so that we could reach out and take advantage of some great opportunities that exist today in the real estate service industry. We plan to add serious value to our stock with strong cash flow assets. With a real estate firm and title company, we will have the opportunity and synergy to work well together. Our next goal is to acquire a mortgage lending firm at which time we will complete our goal of a true one-stop shop for all real estate transactions," stated Frank Dobrucki, CEO of Global Links Corp. Further information can be found on the company website http://www.globallinkscorp.com/.
BLUESTAR HEALTH INCORPORATED (OTC: BLSH)
"Up 60.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BLSH.php
BlueStar Health, Inc. engages in blending and selling bio-diesel and other petroleum and alternative fuels in the United States. The company operates through wholesale and retail outlets that sell traditional petroleum-based diesel and gasoline fuel, as well as blends of bio-fuels, such as ethanol blends and biodiesel blends. As of October 31, 2007, it managed seven fuel stations and convenience stores under the Zeon brand name in the greater Houston area, Texas. The company was founded in 2006 and is based in Houston, Texas.
BLSH News:
January 16 - BlueStar Health's Zeon Fuel Subsidiary Acquires Retail Truck Stop and Convenience Store Location in Northeast Houston
BlueStar Health, Inc. (OTC: BLSH) announced that the Company's Zeon Fuel subsidiary has, pursuant to a Letter of Intent that was announced on December 11th, 2007 and a Definitive Agreement signed earlier this week, acquired a retail truck stop and convenience store operation located near the intersection of US 59 (Eastex) and Highway 8 near the George Bush International Airport in Houston, Texas.
The truck stop, which sells gasoline through 12 pumps on 3 “islands” and diesel fuel through 4 pumps on 4 “islands” under the Shell(tm) brand — property of Royal Dutch Shell Plc — is located on a 3.5 acre corner lot at the intersection of two major freeways servicing the International Airport area and features a 4,900 square foot convenience store facility.
The newest addition to the Zeon Fuel portfolio exhibits business metrics opportunity in-excess of targeted levels set by Zeon management to qualify for acquisition consideration under the company's “growth at a reasonable price” roll-up plan. Furthermore, Zeon Fuel management anticipates that within the first year of operation, the location will increase sales to close to 4 million gallons of fuel or approximately $12 million in gross revenue at today's prices and $1 million in convenience store sales annually on a rolling 12-month basis.
Richard Greenwood, President and CEO of BlueStar commented, “We are delighted to have closed the first-of-a-number of prospective locations in our evaluation pipeline. While the business diligence and transaction process took a bit longer than we originally anticipated for this transaction, we believe that we will be able to incrementally speed up the process with every successive acquisition candidate going forward.” He continued, “We are in advanced discussions with a number of other locations, including multi-location operations, and would expect to see acquisition activity pick up markedly in the near future.”
“The current level of activity is behind where we expect it to be in as short a time as two months from now but with tactics and programs we have employed at other locations we will see very positive improvements right away,” stated Naved Jaffrey, Chairman of BlueStar. “We will immediately begin the process of upgrading food services at the location in addition to improving amenities in the truck driver rest area to deliver a better customer experience. We are also outlining a comprehensive initiative aimed at increasing operational efficiencies at the location that will incrementally benefit the bottom line and our ability to scale sales in the future.”
EXACT ENERGY RESOURCES (OTC: EXER)
"Up 71.88% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/EXER.php
Formerly Star Petroleum Corp. (prior to 12/10/07), Exact Energy Resources, Inc. is an oil and gas company based in Las Vegas, Nevada.
EXER News:
January 16 - Exact Energy Resources, Inc. Acquires Additional Rights to Technology
On behalf of Exact Energy Resources, Inc. (OTC: EXER) (the “Company”) President Rod Burns, P. Eng., reports that following the recent name change and reorganization, the Company has increased its interest in the Low Profile Fluid Catalytic Cracking (LPFCC) Technology. The Company has entered into an agreement to acquire all of the rights to the Technology held by Wellborn Energy Corp.
“This represents a significant step forward for the Company” remarked Rod Burns, President. “The need for increased refining capacity is not just a national or even North American concern, but rather, is a worldwide reality.”
“We are initially going to be concentrating our efforts in North America, and then focusing on additional geographic regions globally. No new refineries have been built in the United States in the last 30 years and refining capacity has been consistently declining, but recently, the situation has changed” said Burns. “The entire industry recognizes that there is a shortage of refining capacity, especially for production of high value-added products. Of note is the focus on adding capacity that can convert heavier, cheaper crude oil into higher-value added products. That is precisely where our technology adds significant cost savings and advantage”.
Some advantages of the LPFCC Technology are upfront capital cost savings of up to 40% over conventional crackers; increased efficiency in cracking; enhanced ability to utilize heavy crude as a feed stock; enhanced safety as the design allows lower pressures and temperatures which makes the unit both safer and more cost effective; and, a higher ratio of catalysis to feed stock (crude to be refined).
“Within the existing refining infrastructure, significant capital improvements and upgrades need to be made to meet the rising demand” he continued. “The lower capital cost, lower operating costs, superior performance and enhanced ability to utilize lower grade feed stocks are all compelling reasons for any refinery to consider the LPFCC technology, whether for existing plant upgrades or for new plant construction.”
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