Gold is too expensive to use by chance. Instead it is used deliberately and only when less expensive substitutes can not be identified. As a result, once a use is found for gold it is rarely abandoned for another metal. This means that the number of uses for gold have been increasing over time.
Special properties of gold make it perfect for manufacturing jewelry. These include: very high luster; desirable yellow color; tarnish resistance; ability to be drawn into wires, hammered into sheets or cast into shapes. These are all properties of an attractive metal that is easily worked into beautiful objects. Another extremely important factor that demands the use of gold as a jewelry metal is tradition. Important objects are expected to be made from gold.
Gold is a really useful metal for electronics because of its inertness and physical properties. Gold is used for electrical contacts, spring contacts, bonding wire, solder alloys, bonding wire, bumping wire, electroplating, and sputtering targets. Gold is also a useful brazing material. Gold is used for coating space satellites, as it is a good IR reflector and is inert.
Colombia is Latin America’s fifth largest producer of gold.
Orofino Gold Corp. (PINKSHEETS:ORFG) has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
According to the company, ORFG will aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
More about ORFG at www.orofinogold.com
Pengrowth Energy Trust (NYSE:PGH) recently reported the results of the special meeting of unitholders. At this morning's special meeting, holders of Pengrowth trust units and Pengrowth exchangeable shares overwhelmingly approved the proposed conversion (the "Conversion") of Pengrowth Energy Trust from an income trust to a corporation to be named Pengrowth Energy Corporation. Securityholders voted 99 percent in favour of the Conversion. The Conversion remains subject to approval of the Court of Queen's Bench of Alberta which will be sought on December 17, 2010. Assuming that court approval is received, the Conversion is expected to close on December 31, 2010. Pengrowth is also pleased to announce its January 17, 2011 cash distribution will be Cdn $0.07 per trust unit. The distribution is net of amounts withheld to finance capital expenditures and preserve financial flexibility.
Pengrowth Energy Trust operates as an energy investment trust in Canada. The company, through its subsidiary, Pengrowth Corporation, engages in the acquisition, ownership, and operation of working and royalty interests in oil and natural gas properties primarily in the Western Canadian Sedimentary Basin.
Special Opportunities Fund, Inc. (NYSE:SPE) recently reported that the Fund’s Board of Directors (“Board”) has declared a dividend from net investment income of $0.03 per share of common stock. The dividend is payable on December 30, 2010 to common shareholders of record as of December 23, 2010. The ex-dividend date is December 21, 2010. U.S. Bancorp Fund Services, LLC Josh Meyers, 1-877-607-0414
Special Opportunities Fund, Inc. is a close-ended fund of funds launched and managed by Brooklyn Capital Management LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.
King Pharmaceuticals Inc. (NYSE:KG) announced that its wholly-owned subsidiary, Parker Tennessee Corp., has extended the expiration date of its tender offer for all outstanding shares of common stock of King Pharmaceuticals, Inc. (NYSE:KG) for $14.25 per share, net to the seller in cash, without interest thereon and subject to any required withholding taxes. The tender offer is now scheduled to expire at 12:00 midnight, New York City time on Friday, January 21, 2011 (which is the end of the day on January 21, 2011), unless further extended. The tender offer was previously scheduled to expire at 12:00 midnight, New York City time, on Friday, December 17, 2010. All other terms and conditions of the tender offer remain unchanged.
King Pharmaceuticals, Inc. research and develops, manufactures, markets, and sells branded prescription pharmaceutical products and animal health products worldwide. It offers branded prescription pharmaceuticals, which include neuroscience products, such as Skelaxin, Flector Patch, Avinza, and Embeda; internal medicine physicians, neurologists, pain specialists, surgeons, and hospitals.
CRWE, Crown Equity Holdings Inc., CRWE.OB
Information published on the World Wide Web is automatically offered to a global audience of consumers. This does make the net an incredibly cost-effective medium to get information out to readers, reaching over 190 countries.
CRWE is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused CRWE’s primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.
CRWE, together with its digital network, currently provides electronic media services specializing in online publishing and Web sites, which bring together targeted audiences and advertisers that want to reach them.
CRWE reported that its subsidiary company, Crown Tele Services Inc. (www.crownteleservices.com) is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions next year.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communication solutions specifically designed to meet the market needs.
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
Hosted IP-PBX is a remarkable alternative that any others based IP PBX system. It delivers a productive number of business-grade calling features and combines all of your local, long distance and access to the internet services over a single network connection. By doing this, it is possible to benefit from all of the calling features anywhere in the world.
VoIP industry is fast boosting and hence it makes certain an obvious hike in the income generation to any organization that delves into this field.
The principle behind VoIP is simple. Calls are placed over the Internet instead of using dedicated voice lines to do the job. This is easy to understand once we realized that all information can be digitized and sent as a signal over a wire. In fact, this also happens with regular voice - your sound signals are encoded and sent over a wire. With the Internet, such things become easy and voice communication can happen in real time just as with a normal phone.
More about CRWE at www.crownequityholdings.com
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