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ABAX, ORFG, AVOT, MAJC, GKNT, - Stock Report! by CRWEPicks.com

Apr. 09, 2011 3:10 PM ET
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Abaxis Inc. (Nasdaq:ABAX) announced that Clint Severson, chairman and chief executive officer, will present at the 10th Annual Needham Healthcare Conference on Tuesday, April 5, 2011 at 8:40 a.m. ET. The conference will be held at the New York Palace Hotel in New York City. Abaxis develops, manufactures and markets portable blood analysis systems for use in any veterinary or human patient-care setting to provide clinicians with rapid blood constituent measurements. The system consists of a compact, 5.1 kilogram (11.2 pounds), portable analyzer and a series of single-use plastic discs, called reagent discs that contain all the chemicals required to perform a panel of up to 13 tests on veterinary patients and 14 tests on human patients.

Abaxis, Inc. develops, manufactures, markets, and sells portable blood analysis systems for use in the human or veterinary patient-care setting to provide clinicians with rapid blood constituent measurements in the medical and veterinarian markets.
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La Azul is one producing artesanal mine in the Senderos de Oro area controlled by Orofino Gold. It is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.

As an already-producing mine, ORFG has begun moving aggressively to confirm the current mineralogical interpretations, fast-tracking analysis work with a goal of beginning drilling within the year. La Azul features numerous geological similarities to Greystar’s Angostura project and Ventana’s La Bodega project, but La Azul is suspected to be of a higher grade and more easily accessible.

The Senderos de Oro Project is comprised of more than 3000 hectares of Gold and other mineral concessions in the minera mining area of central Sur de Bolivar. The Project resembles the La Bodega and Vetas California Projects, currently being explored and developed by Canadian Exploration Company Ventana Gold, for which EBX recently extended an unsolicited tender offer of $1.3 Billion.

Orofino Gold is a Colombian based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise.

For more information about ORFG visit: www.orofinogold.com
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The nation has begun to drastically restrict the exports of rare-earth materials, which frequently find use in “green” technology designs, which includes hybrid vehicles and energy-efficient lighting, also in the medical, defense, and consumer markets. The country delivers nearly 100% of the world’s rare-earth materials: 17 metals which can be hard to refine and that also often occur in alike ore deposits. The cutbacks have resulted in shock waves throughout the electronics industry and might force design changes in the longer term.

Constraints on Chinese exports are forming opportunities for non-Chinese projects.

American Video Teleconferencing has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. The company believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Presently the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.

The company will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.
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Majestic Capital, Ltd. (Nasdaq:MAJC) announced that A.M. Best Co. (A.M. Best) has downgraded the financial strength rating of Majestic Insurance Company (Majestic), Majestic Capital’s primary insurance subsidiary, to B (Fair) from B++ (Good). In addition, A.M. Best downgraded the debt ratings to “ccc+” from “b+” on the trust preferred securities of Majestic USA Capital, Inc. and Embarcadero Insurance Holdings, Inc. The status for all ratings was revised to under review with negative implications from under review with developing implications.

Majestic Capital, Ltd., through its subsidiaries, provides workers? compensation insurance products. The company underwrites workers compensation insurance products through independent insurance brokers and agents to various size businesses; and excess and frequency coverage policies to self-insured entities.
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Geeknet, Inc. (Nasdaq:GKNT) announced that it has named Jeffrey Drobick as President and Chief Executive Officer, Geeknet Media. Mr. Drobick will join the Office of the Chief Executive Officer which includes Chief Financial Officer Kathryn McCarthy, Chief Administrative Officer Carol DiBattiste and President and Chief Executive Officer of ThinkGeek Caroline Offutt. He will report to Ken Langone, Executive Chairman and Chief Executive Officer of Geeknet and will be based out of San Francisco, CA.

Geeknet, Inc. operates as an online network for the global geek community comprising technology professionals, technology enthusiasts, and general consumers of technology-oriented goods, services, and media.

 

 

 

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