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TSX.V:MJS, CAGC, ABMD, CBNK, SAVW - Stock Reports! from Stock-PR.com

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http://pennyomega.com/img/mjs.jpg  Majestic Gold Corp. (TSX.V:MJS)

Majestic Gold Corp. is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China. On April 23, 2010, Majestic Gold Corp. released an updated NI 43-101- compliant, indicated and inferred gold resource estimate on its Song Jiagou property. At present, Majestic Gold Corp. is aggressively pursuing a pre-feasibility study. A recently announced agreement will increase Majestic's effective ownership from 54 to 94 % and has allowed the property to commence production at an initial rate of 1,400 tpd. With a contract that fixes operating costs and allows use of land and equipment, Majestic anticipates to have a positive cash flow, within a matter of months.

Song Jiaguo Project

Location:

The Song Jiaguo Property is located on the Jiaodong Peninsula in Muping County, the Shandong Province, the People's Republic of China. The property lies on the western edge of the Muping-Fushan Gold Belt, which hosts 20% of the known gold deposits on the Jiaodong Peninsula. Gold production from the entire peninsula accounts for over 25% of China's annual gold production, presently estimated to be 288 tonnes or 9.3 M ounces. Gold deposits in the belt are commonly controlled spatially by fault zones. To the south of the property, the Pengjiakuang Gold Deposit (>650,000 oz) occurs in the same structural environment within Cretaceous Laiyiang conglomerates which underlie the Song Jiaguo Property.

Project Highlights:

  • Situated in a well-known Gold Belt
  • Existing NI 43-101 Resource Estimate (2.5 M ounces)
  • In production - 1,400 tpd operation
  • Mill expansion program underway = an increase in production within six months
  • Contract mining = low production cost
  • Management with proven track record
  • Excellent entry point = low market cap

To learn more about MJS visit:  http://www.majesticgold.net

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China Agritech Inc. (Nasdaq:CAGC) a leading organic compound fertilizer manufacturer and distributor in China, announced the appointment of Ms. Choco Tan as VP of Finance, effective immediately. Ms. Linda Dai, who previously served as VP of Finance, will head the internal auditing department going forward. Ms. Tan brings six years of Big Four CPA experience across various accounting standards in China and Malaysia, having served at PricewaterhouseCoopers ("PWC"), Ernst & Young Hua Ming in Beijing, China, and Deloitte in Penang, Malaysia. Her primary responsibilities included assurance and advisory services where she conducted auditing for clients in various industries such as agriculture, coal mining, food processing, logistics, and publications.

China Agritech, Inc., through its subsidiaries, manufactures and sells organic liquid compound fertilizers, organic granular compound fertilizers, and related agricultural products in the People's Republic of China.

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Abiomed Inc. (Nasdaq:ABMD) a leading provider of breakthrough heart support technologies, announced that Michael R. Minogue, Chairman, President and Chief Executive Officer, will present at the 22nd Annual Piper Jaffrey Healthcare Conference on Tuesday, November 30, 2010 at 9:00 a.m. ET. The conference will be held at the New York Palace in New York, NY.

Based in Danvers, Massachusetts, Abiomed, Inc., is a leading provider of medical devices that provide circulatory support to acute heart failure patients across the continuum of care in heart recovery.

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http://pennyomega.com/img/savw.jpg  SavWatt USA, Inc. (OTC:SAVW)

SavWatt USA, Inc. will capitalize on the largely unaddressed commercial and consumer market for energy-efficient LED lighting by investing in product and corporate marketing.  With public relations and advertising throughout the media, a recognized, popular consumer LED brand will be cultivated, spearheading and establishing a leading market share in the growing energy-efficient bulb sector during the next three to five years.  SavWatt has the exclusive marketing rights in the United States to sell LED street lighting for Unilumin.

SavWatt is registered as a supplier/vendor with the following energy companies:

  • New York Power Authority
  • Dominion Power
  • Duke Energy
  • American Electric Power
              * Also includes subsidiaries AEP Ohio, AEP Texas, Indiana Michigan Power, Public Service Company of Oklahoma, Appalachian Power, Kentucky Power, SWEPCO
  • PSE&G
  • First Energy Corporation
              * Also includes subsidiaries Ohio Edison, The Illuminating Company, Toledo Edison, Penn Power, Penelec, Met-Ed, Jersey Central Power & Light
  • Duquesne Light
  • Peco Energy

SavWatt is registered as a supplier/vendor with the following State/Municipal Agencies:

  • State of Pennsylvania
  • State of Maryland
  • State of New York
  • City of Baltimore

SAVW is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SAVW is a market-leading innovator of LED lighting. SAVW ’s product families include LED fixtures, bulbs, Street Lights and Parking Lights. To hear Recorder updates on SAVW Text SAVW to 46800.

To learn more about SAVW visit:  http://www.savwatt.com

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Chicopee Bancorp, Inc. (Nasdaq:CBNK) the holding company for Chicopee Savings Bank, announced that it has completed its fourth stock repurchase program which was announced on February 26, 2010. The Company acquired 318,952 shares, or 5% of the Company’s outstanding common stock at an average purchase price of approximately $11.75 per share. Mr. William J. Wagner, President and CEO, “We are pleased to announce the successful completion of our current share repurchase program. The Board of Director’s and management, continue to believe that the repurchase of the Company’s shares at a reasonable price is an attractive use of the Company's capital to maximize shareholder value.”

Chicopee Bancorp, Inc. operates as the holding company for Chicopee Savings Bank that provides various financial services to individuals and businesses in Western Massachusetts.

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