IXYS, ORFG, ELOS, DLKM, WBCO - Market Review From DrStockPick.com!

IXYS Corp. (Nasdaq:IXYS) announced the availability of samples and evaluation boards of the LDS8763, an innovative inductor-based, high efficiency, 6-channel White LED (“WLED”) driver. The LDS8763 is able to drive up to 72 WLEDs in six strings with up to 12 LEDs per string. The LDS8763 is delivered with factory programmed LED current at 20, 25, or 30 mA per string and 1.5% channel-to-channel current matching. LED brightness is adjustable by internal PWM pulse generator with duty cycle regulated by external DC voltage applied to the PWM pin. Duty cycle changes linearly from 1% at 0.25 V to 100% at 1.135 V and remains at 100% at higher voltages.
IXYS Corporation, an integrated semiconductor company, engages in the development, manufacture, and marketing of power semiconductors, advanced mixed signal integrated circuits (ICs), application specific integrated circuits (ASICs), and systems and radio frequency semiconductors.
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Orofino Gold Corp. (ORFG.PK) is a US (Nevada) company established for the purpose of creating a significant exploration and mining group to operate in Colombia. Orofino Gold Corp has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
Orofino Gold is pleased to report that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director. Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp. Mr. Pernett will be responsible for all affairs of Orofino Gold in Colombia.
Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of Orofino Gold’s Senderos de Oro gold camp in the Sur de Bolivar Colombia. Orofino Gold and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, Orofino Gold’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past.
The new team will now 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.
Orofino Gold Corp. engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. Orofino Gold has an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
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Douglas Lake Minerals Inc. (OTCBB:DLKM) has recently filed a NI 43-101 Technical Report on its four 100% owned prospecting licenses which cover 800 square kilometers in the Handeni District of eastern Tanzania. This area recently has been recognized as an important gold district after the Magambazi gold find.
The 43-101 report details the first and second phases of exploration over the license area. In the Company’s November 23rd release it was disclosed that the first phase airborne geophysical survey effectively outlined the folded and faulted geologic terrain as well as five prominent Northwest-Southeast trending shear zones that extend through the Douglas Lake ground. The second phase work program concentrated on collecting and analyzing soil geochemical samples on both detailed grids as well as reconnaissance style control lines across the large project area.
Historically, the region has seen only small-scale artisanal workings which originally allowed explorers to focus on the Magambazi prospect. Now the Handeni region is recognized to be one of the prime exploration targets for gold in Tanzania. On September 13th 2010, Canaco Resources Inc. announced that regional soil sampling had outlined a total of two North-Westerly parallel trends of gold mineralization on their license area. The two trends, which include the Magambazi mineralization, are said to have a combined strike length of 15 kilometers.
“The Handeni Gold Trend that was initially reported by Canaco has been significantly extended by the work on the Douglas Lake ground”, reports Harp Sangha CEO. “Our results indicate that there is a lot more to this area.”
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Washington Banking Co. (Nasdaq:WBCO) the holding company for Whidbey Island Bank, announced that it redeemed all 26,380 shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A, originally issued in January 2009 to the U.S. Department of the Treasury under the Troubled Asset Relief Program (TARP) Capital Purchase Program (CPP). The Company paid a total of $26.6 million to the Treasury, consisting of $26,380,000 in principal and $209,000 in accrued and unpaid dividends. The Company's redemption of the shares is not subject to additional conditions. The Preferred Stock currently has a carrying value of $25.3 million (net of a $1 million unaccreted discount) on the Company's statement of financial condition.
Washington Banking Company operates as the bank holding company for Whidbey Island Bank that provides community commercial banking services in northwestern Washington.
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Syneron Medical Ltd. (Nasdaq:ELOS) the leading global aesthetic device company, announced that it has received 510(k) clearance from the United States Food and Drug Administration (FDA) to market a new Tända™ Light Emitting Diode (LED) system for skin rejuvenation. The product is approved for the treatment of wrinkles, rhytides and fine lines in the periorbital (around the eye) region. Syneron expects to begin commercialization of the new Tända™ skin rejuvenation product in the second half of 2011 in both the professional and consumer markets.
Syneron Medical Ltd., together with its subsidiaries, engages in the research, development, marketing, and sale of aesthetic medical products worldwide.
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