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(BOB.V, PCBS, TACT, LIVE) Featured Stock by Stock-PR.com

May 09, 2011 6:27 AM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

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<p><span style="COLOR: black"><span style="COLOR: black"><span style="COLOR: rgb(0,128,255)"><span style="COLOR: rgb(0,128,255)"><font color="black"><strong><img style="WIDTH: 321px; HEIGHT: 108px" alt="pennyomega.com/img/bob.jpg&quot; hspace="0" src="pennyomega.com/img/bob.jpg&quot; align="bottom" border="0" /> Global Hunter Corp. (BOB.V)<br /></strong><br />
<strong>Global Hunter Corp.</strong> announced that it recently completed a surface sampling program at La Corona de Cobre. The program was designed to collect surface samples from the numerous prospective shear zones. This would aid in the definition of drill targets to expand on the copper oxide mineralization. The company has collected approximately 250 samples from the shear zones listed below.<br />
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The shear zones and areas of alteration that have been sampled (from East to West) include the following zones:<br />
- El Manto.<br />
- La Golondrina.<br />
- Cerro Borracho.<br />
- El Tazon.<br />
- La Copa.<br />
- La Varrilla.<br />
- Et Tazon.<br />
- Vino Fino.<br />
- Abisinia.<br />
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The samples have been collected from outcrops along the entire strike lengths of the shears and have been shipped to ALS Chemex Labs in La Serena Chile for analysis.</font></span></span></span></span></p>
<p><span style="COLOR: black"><span style="COLOR: black"><span style="COLOR: rgb(0,128,255)"><span style="COLOR: rgb(0,128,255)"><font color="black">Global Hunter's La Corona de Cobre project is over 18,000 hectares of land located in the Coast Range of the Andean Cordillera, Chile, an area often referred to as the Chilean Iron Belt. The property is on the Pan American Highway, 70-kilometres north of the port city La Serena. The property is located at the southern end of the Atacama Fault Zone, a north-northeast regional feature that stretches for over 1,000 kilometers and hosts several large copper deposits in Chile including Phelps Dodge's Candelaria (400 million tons grading 0.95% copper and 0.2% gold) and Anglo-American's Manto Verde (100 million tones averaging 0.80% copper) deposits.<br />
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Copper is an excellent electrical conductor. Most of its uses are based on this property or the fact that it is also a good thermal conductor. Copper is widely used in the making of circuit boards for computers and also in wiring or links. Copper has been used in vital parts in automobiles but the usage of copper in space shuttles is most amazing. The muffler in rocket engines can be made with copper.</font></span></span></span></span></p>
<p><span style="COLOR: black"><span style="COLOR: black"><span style="COLOR: rgb(0,128,255)"><span style="COLOR: rgb(0,128,255)"><font color="black"><strong>Global Hunter Corp.</strong> engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. It primarily explores for gold, copper, and base and precious metals. The company was founded in 1988 and is headquartered in Vancouver, Canada.<br />
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For more information about Global Hunter Corp please visit</font> <a href="www.globalhunter.ca&quot;><font color="black">www.globalhunter.ca&lt;/font></a><br />
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<strong>Provident Community Bancshares, Inc. (Nasdaq:PCBS)</strong> recorded a net loss to common shareholders of $6,000 for the three months ended March 31, 2011 as compared to a net loss of $99,000 for the same period in 2010. Operating results for the current period were impacted by an increase of $245,000 in expenses primarily related to the disposition of foreclosed properties, offset by lower provisions for loan losses due primarily to a net reduction in total loans of $11.4 million. Net loss per common share was $0.00 (diluted) for the three months ended March 31, 2011, versus a net loss of $0.06 per common share (diluted) for the same period in 2010.<br />
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Provident Community Bancshares, Inc. operates as the holding company for Provident Community Bank, N.A. that provides various financial products and services in South Carolina. Its deposit products include negotiable order of withdrawal accounts, money market savings accounts, passbook and statement savings accounts, individual retirement accounts, and certificate of deposit accounts.<br />
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<strong>TransAct Technologies Incorporated (Nasdaq:TACT)</strong> announced financial results for the three-month period ended March 31, 2011. Summary results for the period are as follows: Revenue for the first quarter of 2011 was $20.7 million, an increase of 46% compared to $14.2 million in the prior-year period. Gross margin for the first quarter of 2011 was 33.5%, compared to 36.5% in the prior-year quarter as the Company experienced a less favorable sales mix due to increased sales of lower-margin lottery printers and consumable products in the current period compared to the prior-year period. Operating expenses were $4.1 million, a decrease of $0.1 million from the prior-year period. Operating income improved to 13.5% of revenue in the first quarter of 2011, compared to 6.9% in the prior-year period, due to the leverage of higher sales combined with lower operating expenses. The Company recorded net income in the first quarter of 2011 of approximately $1.8 million, or $0.19 per diluted share, compared to net income of approximately $0.6 million, or $0.07 per diluted share, in the prior-year period.<br />
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TransAct Technologies Incorporated engages in the design, development, assembly, and marketing of transaction printers and printer-related services, supplies, and spare parts.<br />
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<strong>LiveDeal, Inc. (Nasdaq:LIVE)</strong> announced that it has appointed Kevin Hall as its new Chief Executive Officer (CEO). Mr. Hall previously held the position of President and Chief Operating Officer. "Kevin's demonstrated strong leadership, combined with his knowledge and vision for the company, fully support his appointment as LiveDeal's CEO. Kevin's broad business experience will be integral as Kevin navigates the path that will lead LiveDeal on the road forward to a brighter future," said Tom Clarke, Director and Chairman of the Compensation Committee. "The Board and I look forward to working with Mr. Hall in his new capacity to execute LiveDeal's plans in increasing shareholder value."<br />
<br />
LiveDeal, Inc., together with its subsidiaries, delivers local customer acquisition services for small and medium-sized businesses. Its services are combined with an Internet Yellow Pages directory to deliver various ways for businesses via Internet through its online property, livedeal.com.<br /></font></span></span></span></span></p>
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