American Video Teleconferencing Corp. (OTCPK:AVOT)
China has been one of the main supplier to the US of the Earth's rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.
Part of the market pressure on rare-earth metals arises from new demand that alternative technologies has prompted. Industry, including electric- and hybrid-vehicle motors and wind turbines, requires magnets.
AVOT recently announced that it 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. AVOT 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, AVOT 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.
PH Glatfelter Co. (NYSE:GLT) announced that its Board of Directors declared a $0.09 per share cash dividend on its outstanding common stock. The dividend is payable on February 1, 2011, to shareholders of record as of the close of business on January 7, 2011. Headquartered in York, PA, Glatfelter is a global manufacturer of specialty papers and fiber-based engineered products, offering over a century of experience, technical expertise and world-class service. U.S. operations include facilities in Spring Grove, PA and Chillicothe and Fremont, OH. International operations include facilities in Canada, Germany, France, the United Kingdom and the Philippines, a representative office in China and a sales and distribution office in Russia.
P. H. Glatfelter Company manufactures and sells specialty papers and fiber-based engineered products in the United States and internationally. It offers carbonless and forms papers for credit card receipts, multi-part forms, security papers, and other end-user applications; book publishing papers for the production of hardbound books and other book publishing needs; and other niche specialty applications.*********************
Knight Capital Group Inc. (NYSE:KCG) recently released equities and foreign exchange volumes at www.knight.com/ourfirm/volumestats.asp for the month of November 2010. Knight Capital Group is a global financial services firm that provides access to the capital markets across multiple asset classes to a broad network of clients, including buy- and sell-side firms, and corporations. Knight is headquartered in Jersey City, N.J. with a growing global presence across the Americas, Europe, and the Asia Pacific region.
Knight Capital Group, Inc., a financial services company, provides market access and trade execution services across multiple asset classes to buy-and sell-side firms, as well as offers capital markets services to corporate issuers and private companies primarily in the United States.*********************
RailAmerica, Inc. (NYSE:RA) reported that its total freight carloads for the month ended November 30, 2010 were 71,419, up 5.3% from 67,834 in November 2009. These results include the Ottawa Valley Railway (OVRR) operation. The Company increased shipments in November 2010 in nine out of twelve commodity groups compared to November 2009. Much of the increase was due to shipments of Coal, Chemicals and Non-Metallic Minerals and Products. Coal increased primarily due to shipments in the Central U.S. Chemical volumes were up primarily due to increased shipments in the Midwest, Northeast and West regions. Non-Metallic Minerals and Products carloads increased primarily due to higher shipments in the Midwest, Central and Northeast regions.
RailAmerica, Inc. engages in the ownership and operation of short line and regional freight railroads in North America. As of December 31, 2009, it operated a portfolio of 40 individual railroads with approximately 7,400 miles of track in 27 U.S. states and 3 Canadian provinces.
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