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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Sunergy Reports Update on Operations on Its 150 sq. km. Ghana Mining Concession

Stuart Smith (August 13th, 2009) Writes:

SCOTTSDALE, AZ — (Marketwire) — 08/13/09 — Sunergy, Inc (the “Company”) (OTCBB: SNEY) reports the following update on the planning and preparation for operations on our 150 sq. km. Nyinahin mining concession, located in Ghana, West Africa. During Q’4 2009 we plan to test and evaluate the alluvial gold recovery potential along the Ofin River which runs through the eastern portion of the concession for about 45 km. We plan to do this by bulk sampling the numerous existing artisan pits along the river on our concession. Our planned budget is around $300,000.00 US which could recover an estimated 1,000 oz./gold generating around $900,000.00 of revenue from the program. Our plan involves either leasing a suitable gold recovery plant or joint venturing with another operator with suitable equipment. The permitting for the operation will commence shortly.

The Ofin River is an easterly-flowing waterway in Ghana. It flows through the

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Strategic American Oil Corp. (SGCA.OB) Leases Additional Acreage in Illinois Basin which may have Major Impact on Productivity

QualityStocks (August 6th, 2009) Writes:

Strategic American Oil Corporation is an up and coming young exploration and production company that made a major splash in the financial sector on August 6 when it announced that it has leased additional acreage in the Illinois Basin, which has the potential to recover approximately 4 billion barrels of oil according to the Illinois State Geographical Survey (ISGS).

Strategic has made their mark in Illinois with their mass amount of coverage. Currently, Strategic has leased 2,757.9 acres which cover several prospects in Jefferson County. In addition to this, the company leased 213.84 acres in Hamilton County which has been “farmed out” to Admiral Exploration Company with Strategic retaining a 5% ORRI (Overriding Royalty Interest) and a 10% back-in after payout.

ISGS has stated that Strategic’s Oakdale, Northeast, DST, and Waterflood Prospect (Jefferson County) are on trend with and offset fields that have produced 764,600 to 3,570,500 barrels of oil

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Nascent Wine Company Inc (NCTW.OB) to Sell Palermo Italian Foods LLC

QualityStocks (June 10th, 2008) Writes:

Nascent Wine Company, Inc. (OTCBB: NCTW), DBA Nascent Foodservice, Inc., announced today that the company has signed a letter of intent to sell the Italian food importer and distributor division, Palermo Italian Foods, LLC. The Miami, Florida-based Palermo Italian Foods is being purchased by a group of investors and the current president and director Victor Petrone of Nascent Foodservice.

Sandro Piancone, CEO of Nascent, stated, “The sale of the Palermo Italian Foods improves the company’s financial position and enables us to focus and streamline the organization on our higher margin businesses. While we continue to believe that the value of the Palermo Foods business is significant, we believe it is in the best interest of our stakeholders to focus the organization on opportunities within our core competency of food distribution in Mexico.”

Piancone went on to say that he was glad that Victor Petrone was purchasing the business after serving

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