Highway Holdings Limited (Nasdaq:HIHO) reached up 35.23% in morning trading to $4.03 with 200K shares traded. Highway Holdings produces a wide variety of high-quality products for blue chip original equipment manufacturers -- from simple parts and components to sub-assemblies and finished products. Highway Holdings' administrative offices are located in Hong Kong, and its manufacturing facilities are located in Shenzhen in the People's Republic of China. Highway Holdings Limited (Nasdaq:HIHO - News) today reported strong results for the fourth quarter and fiscal year ended March 31, 2011, with annual sales almost reaching pre-global recessions levels and record profitability.
Portage Resources Inc. (OTCQB:POTG) reached up 21.85% in morning trading to $1.16 with 10M shares traded. Portage Resources Inc. is focused on the exploration and production of precious and base metals in Peru. Portage Resources Inc. plans to recognize, and acquire near-term production mining properties, The Portage Resources Inc. seasoned and experienced Peruvian management team will research, review and prove any reserves for the purpose of production. Portage Resources Inc. ("Portage" or the "Company") (POTG-OTCQB) through its wholly owned subsidiary Portage Minerals S.A., Signs Definitive Agreement to Acquire the Linderos Property. The company has conducted all due diligence on the Linderos Property in regards to this acquisition.
Greenwood Gold Resources Inc. (OTCBB-GGRI) reached up 27.82% in morning trading to $.068 with 6M shares traded. Greenwood Gold Resources, Inc. is a junior mining company engaged in the acquisition, development of mining properties and exploration of gold and other valuable mineral deposits in Canada and the US. Greenwood Gold Resources Inc. (OTCBB-GGRI) announced yesterday an update on its Summer Mining Property located in the Quesnel Trough Area in British Columbia. The Summer Property has become the Company's main focus of exploration, as the Quesnel Trough has produced extremely promising results in this Gold producing region, especially copper-gold alkalic porphyry deposits.
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