Tao Minerals Ltd. (TAO) (PINK: TAON) reached up 25% in morning trading to $.011 with 14M shares traded. Tao Minerals Ltd. is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich, yet highly underdeveloped gold deposits of Colombia doing so in a socially and environmentally responsible manner. Tao Minerals Ltd. (TAO) (PINK SHEETS: TAON - News) is pleased to provide a corporate update outlining some of the milestones targeted for 2011. The company is currently developing the El Colmillo gold property and is currently working to complete the geological program to file a NI 43-101 report providing a mineral resource classification with certified resource and reserve estimate. The El Colmillo has the potential to quickly provide a strong revenue stream for Tao as it moves forward to becoming a growth oriented gold producing company. Tao geologists estimate that a substantial amount of gold could be produced from the known mineralization at the El Colmillo project as well as additional revenue from any additional precious and base metals that are contained in that ore. Tao is aiming to start up production at the El Colmillo in 2011.
Helix Wind, Corp. (OTCBB: HLXW) reached up 28.57% in morning trading to $.0009 with 100M shares traded. Helix Wind, Corp., a renewable energy company is engaged in the design, manufacturing and sales of small wind vertical axis turbines designed to generate 300W, 1kW, 2.0kW, and 4.5kW of clean, renewable electricity. Helix Wind, Corp. (OTC Bulletin Board:HLXW.ob - News) announced today that it was recently awarded a Notice of Allowance relating to a United States patent application that was filed in 2007. The application broadly covers segmented, helical rotors used in wind-driven turbines and will prevent competitors from making, using, or selling wind turbines similar to the company's S322 and S594 products.
OriginOil, Inc. (OTCBB: OOIL) reached up 26.19% in morning trading to $.265 with 2M shares traded. OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, their technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products, such as diesel, gasoline, jet fuel, plastics and solvents, without the global warming effects of petroleum. Other oil-producing feedstock, such as corn and sugarcane, often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. OriginOil, Inc. (OOIL) announced it has received the first commercial order to deploy its algae oil extraction system in an industrial setting. MBD Energy (MBD) recently committed to purchase an initial OriginOil extraction unit for piloting at one of Australia's three largest coal-fired power plants.
For a detailed quote on any of the following companies, or to read the full news articles visit PennyTrader.com
About PennyTrader.com
PennyTrader.com is a financial and investor relations website committed to covering the microcap market space including Pink Sheets and OTC Bulletin Board and sub-$5 big board stocks. We strive to provide you with the best stocks alerts in the market! We focus on OTCBB, OTC, penny stocks, sub-$5 big board stocks, and timely stocks picks and alerts. Our goal is to inform you of the HOTTEST stocks in the market before they move. Our staff has years experience in the stock market, and we are confident that you’ll be impressed with the results of our stock picks! If you wish to feature your organization on our website then you can contact us at publisher@pennytrader.com.
Disclosure: PennyTrader.com is not currently being compensated for any stocks covered in this midday report
PennyTrader.com is not a registered investment advisers or broker/dealer. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this press release is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the micro cap companies covered and the potential lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. For our full disclaimer go to CLICK HERE
