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PPWE, VLO, MJS.V, CPHD, MXIM, ENOC - Market Report From!



Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob), a Tampa-based independent oil and gas exploration and production company, has announced the next stage of its Western U.S. operations. The Company met with the executives of Thrust Resources Inc. and EQ Resources Inc. in Dallas, Texas on January 20, 2011. The meeting focused on a joint venture for the Central Utah Prospect between the Companies. This was the initial meeting between Clint Brower, CEO and Chairman of EQ Resources, and Andrew Kacic, the newly named President of Proper Power & Energy Inc.

The next steps will be circulating a memorandum of understanding followed upon definitive agreements. "We look forward to expedite future discussions of both Companies working together to mutually reach our Utah objectives," stated Andrew Kacic.

Proper Power & Energy is an independent exploration and production company. The Company's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil. Please visit our website


Valero Energy Corporation (NYSE:VLO) reported income from continuing operations of $180 million, or $0.32 per share, for the fourth quarter of 2010, compared to a loss from continuing operations of $131 million, or $0.23 per share, for the fourth quarter of 2009. The fourth-quarter 2010 results included an after-tax gain of $36 million, or $0.06 per share, on the sale of the company’s interest in the Cameron Highway Oil Pipeline Company and an after-tax loss of $80 million, or $0.14 per share, from the mark-to-market impact of positions related to forward sales of refined products.

For the year ended December 31, 2010, the company reported income from continuing operations of $923 million, or $1.62 per share, compared to a full-year 2009 loss from continuing operations of $273 million, or $0.50 per share. The full-year 2009 loss from continuing operations included an after-tax asset impairment loss of $151 million, or $0.28 per share, for project cancellations.

Operating income in the fourth quarter of 2010 was $378 million versus an operating loss of $135 million in the fourth quarter of 2009. The improvement in operating income was mainly due to an increase in refining throughput margins to $7.30 per barrel, a 49 percent increase over the fourth quarter of 2009. The increase in throughput margins was primarily due to higher margins for diesel and gasoline combined with better discounts for heavy-sour feedstocks. The increase in operating income was also due to a 10 percent increase in throughput volumes versus the fourth quarter of 2009, which also improved refinery operating expenses from $3.90 per barrel in the fourth quarter of 2009 to $3.64 per barrel in the fourth quarter of 2010.

Valero Energy Corporation is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Its assets include 14 petroleum refineries with a combined throughput capacity of approximately 2.6 million barrels per day, 10 ethanol plants with a combined production capacity of 1.1 billion gallons per year, and a 50-megawatt wind farm. Valero is also one of the largest retail operators with approximately 5,800 retail and branded wholesale outlets in the United States, Canada and the Caribbean under the Valero, Diamond Shamrock, Shamrock, Ultramar and Beacon brands. Based in San Antonio, Valero is a Fortune 500 company with approximately 20,000 employees. Please visit for more information.


Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) is pleased to announce that Wardrop, A Tetra Tech Company, ("Wardrop") has completed and delivered a positive Preliminary Assessment ("PA" or "Preliminary Assessment") for the Songjiagou Gold Project located in Shandong Province, People's Republic of China.

Highlights are as follows:

-- Net Present Value of US $525 million using a 10% discount rate

-- Internal Rate of Return of 78.6%

-- Payback in 1.4 years

-- Total gold production of 2.324 million ounces (average 105,645 oz/yr)
for life-of-mine

-- Life-of-Mine strip ratio 1.87 : 1 (waste to ore)

-- Mine-Life of 22 years.

"The Preliminary Assessment provided by Wardrop has exceeded our expectations and will form the basis for our continued development of the Songjiagou project," stated Rod Husband, President and CEO of Majestic Gold Corp.

Wardrop evaluated the economic viability of the Songjiagou project using pre-tax discounted cash flow analysis based on the engineering work and cost estimates discussed in the Preliminary Assessment. Over the life of the mine, Songjiagou is estimated to produce on average 106,000 ounces gold in concentrate per year. Total gold produced for LOM will be 2.324 million ounces; with a gold price of $973 per ounce and total operating cash flow of US$1,516 million, the total cash cost is US$745 million or US$321 per ounce of gold. The pre-tax Net Present Value is US$525 million and the IRR is 78.6%.

For More Information On Majestic Gold:


Cepheid (Nasdaq:CPHD) announced that it will report financial results for its 2010 fourth quarter and full year ended December 31, 2010, on Thursday, January 27, 2011, after the close of the market. The company will host a management presentation at 2 p.m. Pacific Time on Thursday, January 27, 2011, to discuss the results.

Cepheid, a molecular diagnostics company, develops, manufactures, and markets integrated systems for testing in the clinical market, as well as for application in legacy biothreat, industrial, and partner markets.


Maxim Integrated Products Inc. (Nasdaq:MXIM) announced that it has signed Mouser Electronics(NYSE:R), Inc. as a global catalog distributor. Maxim recognizes that catalog distributors provide the engineering community with the added value of online design tools, a broad range of in-stock products, and fast global delivery.

Maxim Integrated Products, Inc. engages in the design, development, manufacture, and marketing of various linear and mixed-signal integrated circuits/analog circuits worldwide.


EnerNOC, Inc. (Nasdaq:ENOC) a leading provider of energy management applications for the smart grid, announced its membership in the OpenADR Alliance, an industry group created to foster the development and adoption of Open Automated Demand Response (OpenADR) standards. EnerNOC, which currently manages a demand response network of more than 5,100 megawatts across more than 8,000 commercial, institutional, and industrial sites, currently participates in several different standards organizations to accelerate the growth of demand response worldwide.

EnerNOC, Inc. engages in the development, implementation, and adoption of demand response and energy management solutions for the electric power grid operators and utilities, as well as commercial, institutional, and industrial end-users of electricity in the United States.



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Crown Equity Holdings Inc. (OTCPK:CRWE) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (OTC:PPWE).

Crown Equity Holdings Inc. (OTCPK:CRWE) has received twenty-five thousand dollars in cash from Majestic Gold Corp. (TSX Venture Exchange (TSX.V:MJS) and the Frankfurt Stock Exchange (FSE:MJT)) for 30 (thirty) days of advertising, as well as for assistance in becoming a fully reporting publicly trading Bulletin Board company.