(PTRY, SGAE, HMNC, SGI, IPSU) Stocks in Action by CRWESelect.com
5/30/2011 12:38:28 PM
The Pantry, Inc. (Nasdaq:PTRY) announced the "Salute Our
Troops" campaign inviting customers in more than 1,600 Kangaroo Express
convenience stores across 13 states to demonstrate united support for military
personnel and their families. From Memorial Day to Labor Day, Kangaroo Express,
along with Salute Our Troops presenting sponsor PepsiCo, will invite store
guests to make donations toward its $1 million fundraising goal. Funds will
support the USO, celebrating 70 years of delivering programs, entertainment and
other services to the military; Wounded Warrior Project, honoring and empowering
injured servicemen and women; and National Guard family assistance programs in
The Pantry, Inc. operates convenience store chain in the southeastern United
States. Its stores offer a selection of merchandise, fuel, and ancillary
products and services.
RESOURCES, INC. (SGAE)
SIGA RESOURCES, INC. (SGAE), founded in 2007, is based in
South Lake Tahoe, California. Siga is a mineral resource exploration and
Gold metal was thought to be too inert and noble to be an active catalyst.
However, if the metal is highly dispersed as nanoparticles (2 to 10 nm in size)
on a metal oxide support, an active catalyst for various reactions results. Gold
catalysis can be divided into three main application fields: environmental,
chemical processing and fuel cells. I will give some examples of each.
Gold has excellent biocompatibility. The use of gold in medicine in the form
of a chemical, pure metal or in alloy form is well known. The use of gold in
medicine has been exploited throughout the history of civilization. Gold dust
and flakes have been used medicinally by the Chinese as early as 2500 BC.
SIGA RESOURCES, INC. (SGAE) strategy targets properties that
have the potential for near term production and early positive cash flow. Siga's
general geographical interest is North and South America.
Siga Resources, Inc., a pre-exploration stage company,
engages in the exploration and development of mineral resources principally gold
properties. The company primarily holds a 100% interest in the Valolo Gold Claim
covering an area of approximately 72.5 hectares located in the Republic of
Siga Resources Inc recently announced that Siga has come to
an agreement with Big Rock Resources Ltd. whereby the two companies will develop
the Lucky Thirteen gold placer under a 50/50 joint venture.
Big Rock Resources Ltd. (1BR.F, ISIN CA0894851066, WKN A1JJYB www.bigrockresources.com) has agreed
to fund the initial evaluation program for $400,000 USD, and provide funding up
to $8.5 million USD to place the property in full production.
The partners will operate Lucky Thirteen under a Joint Venture company, Lucky
13 Mining Company Ltd., owned 50/50 by Siga and Big Rock. Lucky 13 Mining
Company Ltd. will be the operator.
Siga has already secured the initial operating permits for
the necessary rail crossing and initial test mining. Siga is currently
constructing the washing and initial process plant to be used in the evaluation
Siga's President Ed Morrow said that "Siga is most pleased to have Big Rock
Resources as a Joint Venture Partner. The combined power of the partnership will
facilitate the rapid development of a production operation at Lucky
For more information visit their website http://sigaresourcesinc.com
HONDO MINERALS CORP
Hondo Minerals Corporation is engaged in the acquisition of mines, mining
claims and mining real estate in the United States, Canada and Mexico with
mineral reserves of precious metals or non-ferrous metals.
Gold is extremely rare. According to all geological experience it is found
almost entirely in low concentrations in rocks. Gold's average concentration in
the Earth's crust is 0.005 parts per million. The technology of extraction is
expensive primarily because the process always requires the manipulation of
large physical quantities of ore for small results. The energy required heaving,
grinding and process ore is itself valuable and places a lower limit on the
quality of ore which can be profitably worked. Rising energy costs always impact
gold mining viability.
Nuggets are an exception, but account for the tiniest portion of discovered
gold. Interestingly there is also gold in solution in seawater, however although
the aggregate quantity is large (because the oceans are huge), the concentration
is low and renders extraction beyond any reasonable technology. The cost of
pumping 1,000 tonnes of seawater for processing would considerably exceed the
tiny amount of gold it would yield.
Hondo owns the Tennessee and Schuylkill Mines in Chloride, Arizona. The
Tennessee Mine was the largest producing silver mine in Arizona history. The
Tennessee Mine operated from the late 1800's until 1947 producing lead, zinc,
gold and silver. The Company also owns numerous other mining claims in the US
Southwest, which are being evaluated for additional reserves.
HONDO MINERALS CORP (HMNC) is pleased to announce that it
has just acquired over $500,000 dollars of additional E-Leech equipment for its
Tennessee Mine production facility.
William R. Miertschin Chairman and CEO of Hondo Minerals says, "This purchase
a long with the $2.4 million dollars of previously announced equipment
demonstrates our continued efforts to invest real dollars in this project to
increase shareholder value."
Mr. Miertschin went on to say, "All of this newly acquired equipment will
allow the company the ability to reach its production and revenue targets 6 to12
months ahead of schedule, and with the advanced technology of E-Leech Hondo
Minerals is posed to set new standards while obtaining optimum results from its
exclusively licensed mining process."
E-Leech technology is a patent pending process that creates a leaching
process without the use of hazardous chemicals such as cyanide at its Tennessee
Mine processing plant.
Toxic chemicals previously used such as Hydrochloric and Nitric Acid are
replaced with a water-based and pH adjusted medium to leach precious and base
metals from mine tailings that is safe to humans and the environment.
Electrochemical processes are used to generate pH levels low enough to leach
metals such as Gold, Silver, Zinc and Rare Earths into a solution for recovery
at an extremely low cost per ton.
For more information please visit: http://www.hondominerals.com
Silicon Graphics International Corp. (NASDAQ:SGI) announced
that SGI CEO Mark J. Barrenechea has been named 2011 Best Large Technology
Company CEO by the San Francisco Business Times. "For his role in overseeing
Rackable [Systems]'s acquisition and integration of Silicon Graphics, the San
Francisco Business Times has named SGI CEO Mark Barrenechea as its 2011 Best CEO
of a large technology company," writes Patrick Hoge of the San Francisco
Silicon Graphics International Corp. (SGI) focuses on helping customers solve
their technology challenges by delivering clustered and high-performance
computing and storage solutions, and software and services.
Company (NASDAQ:IPSU) announced that it will not exercise its option to
acquire a 50% equity interest in Wholesome Sweeteners, Inc. from its partner in
the joint venture. The Company was granted the option to acquire 100% ownership
of this leading US organic and natural sweeter company in July 2008, and it will
expire by its terms on May 31, 2011.
Imperial Sugar Company, together with its subsidiaries, operates as processor
and marketer of refined sugar and related products in the United States.
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investors of stocks on the move.
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Hondo Minerals Corporation (HMNC.OB)