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UBCP, AFP, UCBA, FSE:MJT Stock Market Report from CRWEPicks.com

|Includes: United Community Bancorp (UCBA)

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Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) recently announced the results of an updated resource estimate on its Song Jiagou Mine.

As part of the ongoing assessment on the Song Jiagou Mine, Wardrop Engineering Inc.has revised their previous resource estimate as a result of the revision to the contract mining costs which allowed cut-off grades to be reduced from 0.40 g/t to 0.30 g/t and warranted a revision of the block model.

Majestic continues to work with Wardrop and its sister company, Tetra Tech Consultancy Company Limited, (both subsidiaries of Terta Tech Inc.) to complete a Preliminary Economic Assessment, concurrent with the required Chinese Geological and Engineering studies required to apply for increased production levels at Song Jiagou. The results of these studies will ultimately culminate in a Pre-feasibility report.

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United Bancorp, Inc. (Nasdaq:UBCP) declared a quarterly cash dividend payment of $0.14 per share for shareholders of record on November 26, 2010, payable on December 20, 2010.

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio with total assets of approximately $442.9 million and total shareholder's equity of approximately $36.6 million as of September 30, 2010.  Through its single bank charter with its twenty banking offices and an operations center, The Citizens Savings Bank through its Community Bank Division serves the Ohio Counties of Athens, Fairfield and Hocking and through its Citizens Bank Division serves Belmont, Carroll, Harrison, Jefferson and Tuscarawas.

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United Capital Corp. (NYSE Amex:AFP) reported results for the three and nine months ended September 30, 2010. Net income increased 159% to $10.2 million for the nine months ended September 30, 2010, versus the comparable 2009 period.

United Capital Corp. engages in the investment and management of real estate properties. The company also operates hotels, as well as manufactures and sells engineered products.

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United Community Bancorp (Nasdaq:UCBA), the holding company for United Community Bank, reported earnings of $271,000, or $0.04 per diluted share, for the quarter ended September 30, 2010, compared to net income of $222,000, or $0.03 per diluted share, for the quarter ended September 30, 2009.

United Community Bancorp operates as the holding company for United Community Bank that provides various banking services and products to consumers and businesses in southeastern Indiana.

 

 

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