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American Video Teleconferencing Corp. (OTC:AVOT)
American Video Teleconferencing Corp. is pleased to announce 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.
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.
AVOT is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. AVOT is 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 AVOT is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
GOLD: A total of 165,000 tons of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8,500 m³, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.
It is known to all that the primary use of gold is associated to jewelry. About 78% of the gold consumed each year goes into the manufacturing of different jewelry products.
Although primarily used as a store of value, gold has many modern industrial uses including dentistry and electronics. Gold has traditionally found use because of its good resistance to oxidative corrosion and excellent quality as a conductor of electricity.
Gold’s Usefulness as a safe haven:
The geo-political and world economic structure is currently undergoing major change-some have even called the situation an “upheaval.” This means that the investment outlook, particularly for certain parts of the world, is more unpredictable than usual. Under these circumstances, it is logical to conclude that certain investment portfolios should include real (non-paper) assets such as commodities for protection against a potential decline in the paper markets.
Gold is the most malleable and ductile of all metals; a single gram can be beaten into a sheet of 1 square meter, or an ounce into 300 square feet. Gold leaf can be beaten thin enough to become translucent. The transmitted light appears greenish blue, because gold strongly reflects yellow and red. Such semi-transparent sheets also strongly reflect infrared light, making them useful as infrared (radiant heat) shields in visors of heat-resistant suits, and in sun-visors for spacesuits.
Orofino Gold Corp. engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. ORFG has an option to acquire properties in the Sur de Bolivar Department of Colombia South America. ORFG was formerly known as SNT Cleaning, Inc. and changed its name to Orofino Gold Corp. in December 2009. ORFG was founded in 2005 and is based in Central, Hong Kong.
To learn about ORFG visit: http://www.orofinogold.com
Ameriprise Financial Inc. (NYSE: AMP) announced its fourth quarter 2010 financial results on Wednesday, February 2, 2011 after the close of the New York Stock Exchange. A conference call to discuss the results will be held on Thursday, February 3, 2011 at approximately 9:00 a.m. (ET). The live audio webcast of the investor call, as well as the earnings release, quarterly statistical supplement and presentation slides will be accessible to the general public on the company’s website at ir.ameriprise.com.
Ameriprise Financial, Inc., through its subsidiaries, provides financial planning, products, and services primarily in the United States. The company operates in four principal segments: Advice & Wealth Management, Asset Management, Annuities, and Protection.
Esterline Technologies Corp. (NYSE:ESL) announced that it has acquired Eclipse Electronic Systems for total consideration of approximately $120 million, subject to certain adjustments. The acquisition was financed from cash on hand. Eclipse, headquartered in Richardson, Texas, is a leading supplier of signals intelligence and communications intelligence (SIGINT/COMINT) receiver hardware to the airborne intelligence, surveillance and reconnaissance (ISR) market.
Esterline Technologies Corporation designs, manufactures, and markets engineered products and systems for the aerospace and defense, industrial/commercial, and medical markets primarily in the United States and Europe.
Quaker Chemical Corporation (NYSE:KWR) announced that it has acquired Summit Lubricants Inc., a leading specialty grease manufacturer ("Summit Lubricants"), effective December 31, 2010. The purchase price of $30 million approximates Summit Lubricants' anticipated 2011 net sales. The acquisition is expected to be accretive to earnings in 2011. Summit Lubricants is a North American manufacturer and distributor of specialty greases and lubricants whose proprietary formulations encompass a broad spectrum of specialty greases which are sold through major grease distributors and utilized in military applications.
Quaker Chemical Corporation develops, produces, and markets formulated chemical specialty products for various heavy industrial and manufacturing applications. It also offers and markets chemical management services (CMS).
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