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MJS.V, AVOT, BTX, APP, GST - CRWEPicks.com Market Watch

Majestic Gold Corp. (TSX.V:MJS)(FSE:MJT) is a gold mining producer in China, and Majestic Gold have some valuable mining properties with the government stating that Majestic Gold are locating reserves faster than production can mine them, this could be great news for Majestic and for their shareholders.

Because of the softness of pure (24k) gold, it is usually alloyed with base metals for use in jewelry, altering its hardness and ductility, melting point, color and other properties. Alloys with lower caratage, typically 22k, 18k, 14k or 10k, contain higher percentages of copper, or other base metals or silver or palladium in the alloy.

Gold has been widely used throughout the world as a vehicle for monetary exchange, either by issuance and recognition of gold coins or other bare metal quantities, or through gold-convertible paper instruments by establishing gold standards in which the total value of issued money is represented in a store of gold reserves.

Gold output in China has risen by 70% for the past decade. In recent years, China’s gold mining industry has received increased foreign and domestic investment, and project numbers have increased as more discoveries have been found. China produced nearly 300 tonnes of gold in 2008. It is also the only country in the top three where production rose in 2008.

 

 



American Video Teleconferencing Corp. (OTCPK:AVOT) previously reported that it has signed an option agreement for three gold bearing claim blocks situated in the northern mining district of Saskatchewan, Canada. Assays taken in 2008 on selected samples returned repeatable high grade gold values of 7gms/ton (.25oz) to 112.9gms/ton (3.99oz/ton).

The property owners did random sampling in June 2007 and had an assay of 933gms/ton (32.9oz/ton) of gold from one of the samples and that prompted the writing of a technical report on the project that was prepared in compliance with the National Instrument 43-101 and Form 43-101F1 and was issued on November, 28 2008.

The writer was Duncan Bain P Geo. who resides in London Ontario, Canada. Samples that were taken as part of a work program done on the property were sent to an ISO-certified assay laboratory based in Saskatoon, Saskatchewan Canada. The project is 1385 hectares in area and covers several documented nickel-copper and gold showings and land in proximity to lake sediment geochemical and biogeochemical anomalies. All these are part of the Snowbird Tectonic Zone which is a major tectonic structure and extends for more than 2,000 kilometres.

Access to the project is currently by float or ski equipped aircraft or by helicopter to Stony Rapids which is accessible by commercial aircraft from the major cities of Saskatoon or Regina in southern Saskatchewan. The expenditures for the 2010-2011 work program will be paid by the property owners due to an arrangement reached in the option agreement with the issuance of 1.2 million restricted shares (144).

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

 

 

 

BioTime, Inc. (AMEX:BTX) announced on November 29, 2010 an agreement with the California Institute for Regenerative Medicine (CIRM) to make five clinical-grade human embryonic stem (hES) cell lines available to California-based researchers. CIRM is the stem cell agency created when California voters supported a $3 billion funding measure for stem cell-related research and clinical translation. Under the agreement, BioTime will initially provide research grade cell lines, and within one year, BioTime will also make available GMP-grade cell lines along with certain documentation and complete DNA sequence information. The parties anticipate that the use of the GMP grade cell lines may streamline the translation of basic science to human therapies. Should the users of the cell lines and BioTime eventually sign definitive license agreements for commercial use of the cell lines, BioTime will receive a royalty on net sales.
BioTime’s Singapore-based subsidiary ES Cell International Pte Ltd. (NYSE:ESI) has been at the forefront of advances in hES technology since 2000 and created the first cell bank of clinical-grade hES cell lines that were derived following cGMP principles (Crook et al, 2007 The Generation of Six Clinical-Grade Human Embryonic Stem Cell Lines Cell Stem Cell 2007 Nov;1:490-4) for research use.

 

American Apparel, Inc. (AMEX:APP) the vertically integrated clothing manufacturer based in downtown Los Angeles, is announcing the addition of 12 new colors to its successful line of nail polish. The company’s Made in the USA nail lacquer is now available in 48 colors. The 12 new shades take inspiration from simple and straightforward elements of both Angeleno and global culture, reflecting the ubiquitous nature of the T-shirt on which American Apparel built its brand. Echo Park, a new shade of concrete grey, and MacArthur Park, a muted mossy yellow, both reference neighborhoods where the company first opened stores and where many of its employees live. Others, like Trenchcoat and Army Jacket, are nods to iconic garments and their evocative, eponymous tones.
American Apparel is a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel based in downtown Los Angeles, California. As of September 30, 2010, American Apparel employed over 10,000 people and operated 278 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, United Kingdom, Ireland, Austria, Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, Israel, Australia, Japan, South Korea and China.

 

Gastar Exploration, Ltd. (AMEX:GST) announced on November 29, 2010 that the United States Bankruptcy Court for the Eastern District of Kentucky has approved the previously announced Settlement Agreement between Gastar Exploration and the Bankruptcy Trustee for ClassicStar, LLC regarding the In re ClassicStar Mare Lease Litigation matter.
Gastar Exploration Ltd. is an exploration and production company focused on finding and developing natural gas assets in North America. The Company pursues a strategy combining deep natural gas exploration and development with lower risk shale resource and CBM development. The Company owns and operates exploration and development acreage in the deep Bossier gas play of East Texas and Marcellus Shale play in West Virginia and Pennsylvania.

 

 

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