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  • HTZ, AVOT, TY, MJS.V, PVA - Market Report From DrStockPick.com! 0 comments
    Jan 25, 2011 12:15 PM

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    Hertz Global Holdings, Inc. (NYSE:HTZ) the world's largest general use airport car rental brand, announced that the first Chevy Volt rental was completed in Manhattan. The addition of the Volt to the Company's rental fleet further solidifies Hertz's leadership position in providing EVs for rent to retail consumers and business fleets, to support the build out of the charging infrastructure needed to support EV adoption by consumers.

    Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. It operates in two segments, Car Rental and Equipment Rental.

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    American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec.

    Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp.(DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology, has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.

    American Video is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.

    The 17 elements which are classified as "rare earth" are becoming an ever more crucial aspect of our everyday lives. Rare earth metals are the life blood of modern computers, batteries and alternative energies. For instance, there are almost ten lbs of the rare earth element, lanthanum, in each and every Toyota Prius motor. Additionally, rare earth elements are crucial to military technologies. Contrary to the name, rare earth metals are not particularly uncommon and may be found in most any region throughout the world. Recently, the government made significant strides to increase production of these types of metals, as they will play a significant part in President Obama's upgrades to US energy.

    American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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    http://pennyomega.com/img/mjs.jpg

    Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

    China has a long history of gold production. As early as 1091 BC, gold was legalized as money (as an alternative to silk), circulating in little squares. Hebei province, one of the main mining areas, claims production for over three thousand years. The Zhao Yuan mine in Shandong province has been worked for over a thousand years; while other Shandong mines date from the 17th century.

    Gold mineralization on Song Jiaguo is hosted by a series of steeply dipping, sub-parallel north-northeast trending fault zones within upper Cretaceous conglomerates overlying Proterozoic granitic rocks. The area of Song Jiaguo is interpreted as being the higher levels of a mesothermal system where gold bearing fluids have mineralized the matrix of the host conglomerates. The gold bearing quartz veins would then likely continue to much lower levels in the system.

    In 2006, Wardrop prepared a National Instrument 43-101 (NI 43-101) compliant, resource estimate of the Songjiagou deposit. On the basis of additional data collected during 2006, Wardrop prepared an updated estimate in late 2007.

    In April 2010 Wardrop completed an update of the 2007 resource estimate to take into account assay results from surface core drilling and trenching that were carried out during 2007, as well as depletion from surface mining since the time of the last estimate. Depletion attributable to underground mining during the same interval was negligible.

    The April 2010 updated resource estimate was made using an un-rotated block model, which is to say the blocks in the model were oriented orthogonally east-west and north south. In October 2010, Majestic requested that the estimate be redone using a block model rotated parallel to the trend of the deposit as well as a lower cutoff (0.3 g/t versus 0.4 g/t gold).

    For More Information On Majestic Gold: www.majesticgold.net

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    Penn Virginia Corp. (NYSE:PVA) announced that it will release its fourth quarter and full-year 2010 financial results after the market closes on Wednesday, February 23, 2011 and hold a conference call / webcast on Thursday, February 24, 2011 at 10:00 a.m. ET.

    Penn Virginia Corporation engages in the development, exploration, and production of natural gas and oil in east Texas, the Mid-Continent, Appalachia, and Mississippi regions of the United States. The company operates in three segments: Oil and Gas, Coal and Natural Resource Management, and Natural Gas Midstream.

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    Tri-Continental Corporation (NYSE:TY) announced that it will hold its 81st Annual Meeting of Stockholders on April 14, 2011 in Minneapolis, MN. The close of business on February 16, 2011 has been fixed by the Corporation’s Board of Directors as the record date for the determination of Stockholders entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.

    Tri-Continental Corporation is a closed-ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States.

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    Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTCPK:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.

    Crown Equity Holdings Inc. (OTCPK:CRWE) has received twenty-five thousand dollars in cash from Majestic Gold Corp. (TSX Venture Exchange (TSX.V:MJS) and the Frankfurt Stock Exchange (FSE:MJT)) for 30 (thirty) days of advertising, as well as for assistance in becoming a fully reporting publicly trading Bulletin Board company.

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