Our Stocks to Watch today include Copper King Mining (OTC: CPRK), Bolivar Mining Corporation (OTC: BOLV), Jade Art Group Inc. (OTCBB: JADG), BioSolar(TM), Inc. (OTCBB: BSRC), Seaway Valley Capital Corporation (OTCBB: SWVC)
Visit http://www.otcpicks.com/ to register for our Daily Market Mover’s Digest Newsletter, and Email Stock Watch Alerts.
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 17 - Copper King Mining Corporation Opens Web Site
Copper King Mining Corporation (OTC: CPRK) announced that the company has posted a preliminary website. The site, although up, is still only very rudimentary, and new footage will be added in the near future. The photos on display are of the Drum Mountain property only, and the video that was intended to go with the site was pulled down. New footage has been shot and will be edited and a voice over will be added to describe what the viewer is seeing.
Many people have called asking about the site and we decided to go ahead and put up the rough draft as we wait for the balance of the clean up and loading of information and footage to be added. The company wishes to thank all those who go to the site and ask you patience as we prepare to bring you the new information that will be housed there soon.
Interested parties may view photos of the patent deeded areas owned by the company athttp://www.thecopperkings.com/.
BOLIVAR MINING CORPORATION (OTC: BOLV)
"Up 38.46% in morning trading"
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.
JADE ART GROUP INCORPORATED (OTCBB: JADG)
"Up 63.37% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/JADG.php
Jade Art Group Inc., operating through its existing operating subsidiaries in the People’s Republic of China, is focusing its business-model on the jade industry with the formation of Jiangxi SheTai Jade Industrial Co., Ltd., its wholly-owned subsidiary, and its Exclusive Distribution Right Agreement with Wulateqianqi XiKai Mining Co., Ltd. for the distribution of jade. Jade Art Group has historically been a manufacturer of both hand-carved and machine-carved wood products in China.
JADG News:
January 18 - Jade Art Group Announces an Exclusive Distribution Right Agreement for Jade
Jade Art Group Inc. (OTCBB: JADG), which recently announced its foray into the jade industry and has historically been a manufacturer of both hand-carved and machine-carved wood products in China, announced that Jiangxi SheTai Jade Industrial Co., Ltd. (“JST”), its wholly-owned subsidiary, signed an Exclusive Distribution Right Agreement with Wulateqianqi XiKai Mining Co., Ltd. (“XiKai”) for the distribution of jade.
The agreement commits XiKai to sell 90% of the raw jade material produced from its SheTai Jade mine, located in Wulateqianqi, China, to JST for a period of 50 years. Per the agreement the production from XiKai will be no less than 40,000 tons per year, with an average cost per ton for JST not to exceed RMB 2,000 (approximately USD $275). In exchange for this exclusive right, Jade Art Group would transfer 100% ownership interest in its wholly-owned subsidiary, Jiangxi XiDa Wooden Carving Lacquerware Co., Ltd. (“JXD”), and RMB 60 million (approximately USD $8.3 million) to XiKai, subject to Jade Art Group’s board and shareholder approvals.
The SheTai Jade mine’s reserves are unique, in that they include some of the oldest jade ore found in China and are subsequently of the highest quality in terms of rigidity and the size of its pieces. The characteristics of this jade are equivalent to Burma’s famous jade mines and therefore can be readily used for construction and building materials, as well as fine jewelry.
Lu-Shan Cheng, Mayor of Yujiang County, who attended the signing ceremony, said, “The Yujiang government looks forward to JST’s involvement in the region and will provide full government support.”
Hua-Cai Song, CEO of Jade Art Group, stated, “Through this Exclusive Distribution Right Agreement, Jade Art Group receives exclusive distribution rights for the jade mine with the largest reserves in China. The average selling price per ton of jade in China is roughly RMB 20,000 (approximately USD $2,750), which should enable us to reach significant profit levels. We are very excited about the Company’s new focus in the jade industry, including our association with XiKai and its extensive high-quality jade reserves.”
BIOSOLAR INCORPORATED (OTCBB: BSRC)
"Up 26.09% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/BSRC.php
BioSolar, Inc. engages in the research and development of bioplastic materials from renewable plant sources for use in photovoltaic solar cells. The company develops bio-based plastics components that meet the thermal and durability requirements of solar cell manufacturing processes for conventional crystalline cell designs, as well as thin film photovoltaic devices in an effort to capitalize on cost advantages to current petroleum based solar cell components. Its bioplastic materials can be also used directly in conventional manufacturing systems, such as injection molding and thin-film roll-to-roll, to create superstrate layer, substrate layer, and backsheet, as well as module and panel components. The company was founded in April 2006. It was formerly known as BioSolar Labs, Inc. and changed its name to BioSolar, Inc. in June 2006. BioSolar, Inc. is headquartered in Santa Clarita, California.
BSRC News:
January 17 - BioSolar's Successful Completion of Rigorous Testing Protocol Is an Important Step Forward Toward UL Certification
BioSolar(TM), Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, reports that the company's backsheet material has passed the rigorous Damp Heat Test, moving the materials one step closer to Underwriters Laboratories (UL) certification.
As specified in UL testing protocol 1703, the Damp Heat Test ascertains the product's ability to withstand years of exposure in an outdoor environment without breaking down. This test subjects the material to 1000 hours at 85 degrees and 85% humidity. The test was successfully completed on January 16, 2008. UL 1703 is a comprehensive series of tests for photovoltaic modules. These tests are time consuming, and all requirements must be satisfied.
Dr. Stanley Levy, the company's Chief Technology Officer, said, "We are pleased to report that our backsheet materials have passed this test, which is one of the most severe tests included in the UL 1703 protocol. We will analyze these results to focus in on the most promising candidate for final production certification."
As detailed previously, SBM Solar of Concord, NC, a strategic partner of BioSolar, is in the final process of obtaining UL certification for their all polymer packaged PV module. Upon receiving their UL certification, SBM will submit additional modules to Underwriters Laboratories for UL approval, changing their standard backsheet material to BioSolar's bio-based backsheet. By utilizing a complete photovoltaic module that has already received UL approval, and only replacing one component (the backsheet material), the company expects to "fast track" the approvals process.
While emphasizing the grueling nature of the UL approval process, Dr. David Lee, BioSolar's President and Chief Executive Officer, provided additional insight into BioSolar's approach to the company's "fast track" process saying, "UL approval is an extremely demanding process. It can take years and hundreds of thousands of dollars to obtain UL approval for a photovoltaic module. Our 'fast track' process is expected to dramatically shorten the time it takes for the first solar module maker, our partner SBM Solar, to obtain UL approval with our backsheet."
"We're talking months not years," said Dr. Lee. "We expect that this will place competitive pressures on other photovoltaic manufacturers to accelerate their own UL approval process incorporating BioSolar's backsheet."
SEAWAY VALLEY CAPITAL CORPORATION (OTCBB: SWVC)
"Up 8.82% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SWVC.php
Seaway Valley Capital Corporation invests in equity, equity-related, and debt in companies that require expansion capital and in companies pursuing acquisition strategies. The company also seeks investments in leveraged buyouts and restructurings. It primarily focuses to invest in retail, restaurant, media, business services, and manufacturing industries. The company was founded in 2002. It was formerly known as GS Carbon Corporation and changed its name to Seaway Valley Capital Corporation in August 2007. Seaway Valley Capital Corporation is based in New York, New York.
SWVC News:
January 17 - Seaway Valley Executes Term Sheet to Acquire Hospitality Group
Assets and Businesses Complementary to Seaway Valley's Current Holdings
Seaway Valley Capital Corporation (OTCBB: SWVC) (“Seaway Valley”) announced that it executed a term sheet and is in final negotiations to acquire a regional hospitality company. The company, which has gross assets of approximately $13 million and revenues of just over $5 million, specializes in consumer products and is based in Upstate New York region.
“This acquisition, if consummated, would be strategic to Seaway Valley on a number of fronts. In addition to the management team that would join Seaway Valley, tremendous opportunities exist for cross selling and promotional efforts among and between these geographically clustered assets,” stated Thomas Scozzafava, CEO of Seaway Valley. Mr. Scozzafava added, “Additionally, certain of these assets represent a tremendous platform that Seaway can immediately assist in positioning for growth inside and outside the region – both organically and through additional acquisitions.”
Seaway Valley recently acquired Patrick Hackett Hardware Company (“Hackett’s”), which operates nine stores in St. Lawrence, Franklin, Oswego, Madison, and Jefferson counties – all in northern and central New York.
ABOUT PATRICK HACKETT HARDWARE COMPANY
Hackett’s, one of the nation’s oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett’s, now with nine locations, features brand name clothing for men, women, and children, and a large selection of athletic, casual, and work footwear. Hackett’s also carries domestics, home décor, gifts, seasonal merchandise and sporting goods. Hackett’s full service hardware department features traditional hardware, tool, plumbing, paint and electrical departments.
ABOUT OTCPICKS.COM
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover’s Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Disclaimer:
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.
Release of Liability:
Through use of this website viewing or using you agree to hold OTCPicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. OTCPicks.com has been compensated sixteen thousand five hundred dollars by a third party for CPRK advertising and promotional services. OTCPicks.com has been compensated seven thousand five hundred dollars from a non-controlling third party for BOLV advertising and promotional services. For a complete list of disclosures go to http://www.otcpicks.com/disclosure_details.php. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCPicks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCPicks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. OTCPicks.com and its affiliates are not registered investment advisors or a broker dealers. OTCPicks.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor’s sole risk. OTCPicks.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s entire investment may be lost or impaired due to the speculative nature of the companies profiled. OTCPicks.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through OTCPicks.com. OTCPicks.com owners may or may not hold positions in the companies that are profiled.
The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.
Third Party Web Sites and Information:
