Winston-Salem 12/29/2008 11:28:24 PM
News / Finance

SmallCapReview - Penny Stocks on the Move - LGDI, WWAT, CHCG, AGXM

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Legend International Holdings, Inc (OTCBB: LGDI) Trading at $0.50, Up $0.07.

What They Do: Legend International Holdings is a mining and agriculture resource development company. The Company is principally focused on developing its phosphate deposits in the Georgina Basin in Queensland, Australia. The Company’s exploration licences include approximately 5.2 million acres in Queensland and the Northern Territory, Australia.

WorldWater & Solar Technologies Corp. (OTCBB: WWAT) Trading at $0.30, Up $0.03.

What They Do: WorldWater & Solar Technologies Corp. is a full-service solar electric engineering, design and water management company with unique, high-powered and patented solar technology. ENTECH, Inc., a subsidiary of WorldWater, is a high-technology solar energy company specializing in patented solar concentrating and PVT systems. ENTECH’s systems can produce electrical output, a combination of electricity and thermal energy or thermal energy alone. Commercial applications vary in size from one kilowatt remote power units to large, multi-megawatt utility power plants.

China 3C Group (OTCBB: CHCG) Trading at $0.72, Up $0.04. Today announced that it has signed a definitive agreement to acquire 100% of Jinhua Baofa Logistic Ltd.("Jinhua"), a well-known logistic company in Eastern China, through its subsidiaries Zhejiang Yong Xin Digital Technology Co., Ltd. ("Zhejiang") and Yiwu Yong Xin Communication Ltd. ("Yiwu").

What They Do: China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected.

Argentex Mining Corporation (OTCBB: AGXM) Trading at $0.25, Up $0.11. 

What They Do: Argentex Mining Corporation is a junior mining exploration company with significant holdings in the Patagonia region of Argentina. It holds an undivided 100% interest in the mineral rights to the Pinguino property. The company also owns 100% mineral rights to more than 30 properties with over 377,490 acres (152,766 hectares) of prospective land located in the Santa Cruz and Rio Negro provinces of Argentina. Shares of Argentex common stock trade under the symbol AGXM on the OTCBB and on the TSX Venture Exchange under the symbol ATX.

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