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Resource Stock Roundup: Monday, January 05th, 2009

Doug Casey (January 5th, 2009) Writes:

The Canadian Markets continued to march off their 2008 bottoms during the first day of trading in 2009. For the tale of the tape, the TSX Exchange added 2.74%, while the TSX Gold Index was the lone loser falling 2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 6.23% with the advancing issuers beating out the decliners by a 615 to 135 margin on volume of 144 million shares traded.

In a reversal of fortunes, Western Canadian Coal will loan up to $36 million to its major shareholder to Cambrian Investment Holdings, a wholly owned subsidiary of Cambrian Mining PLC. Cambrian will use the funds to repay its financing facility with Investec Bank. Western ended the day up C$0.17 at C$0.88.

NovaGold Resources (AMEX:NG) wasted little time in raising much needed capital. The cash-starved company inked a deal to sell just over 46.1 million units

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Suntech Power Holdings Co., Ltd. (STP) Subsidiary Selects Satcon Technology Corp. (SATC) for Solar Installation

QualityStocks (December 9th, 2008) Writes:

Today, Satcon Technology Corp. announced that Suntech Energy Solutions, a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. (NYSE: STP) and a leader in the design, engineering and installation of large-scale photovoltaic (PV) systems, chose the company to help power a 1 megawatt (MW) solar energy installation hosted at The North Face West Coast Distribution Center in Visalia, California.

The solar installation will feature Satcon’s 500 kW PowerGate® Plus photovoltaic inverters, which were designed to deliver best-in-class reliability, efficiency and long-term performance. Each 500 kW PowerGate Plus inverter installed will include the company’s next generation Edge™ MPPT solution, enabling large scale installations to maximize power production and significantly increase the overall efficiency of each system.

Johann Niehaus, Senior Director of Engineering for Suntech Energy Solutions, stated, “We chose the Satcon PowerGate Plus inverter for its performance and reliability. We designed the system to the highest quality, which made Satcon a natural

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Oh Canada in a little trouble of late…

Jack Crooks (December 3rd, 2008) Writes:
PKey Newsbr•nbsp;Britain's services sector contracted at its fastest rate in at least 12 years, a closely-watched survey showed Wednesday, ratcheting up expectations that the Bank of England will cut interest rates by a full percentage point on Thursday. (AP)br•nbsp;The Australian economy grew at its slowest pace in eight years last quarter. (IHT)brKey Reports Due (WSJ):br7:00a.m. MBA Mortgage Application Survey for Nov 28: Previous: -2.1%. br8:30a.m. 3Q Productivityamp;Labor Costs, revised: Expected: +3.1%. Previous: +4.3%. br10:00a.m. Nov ISM Non-Mfg Index: Previous: 44.4. br10:35p.m. API Oil Industry Report for Nov 28 br10:35p.m. US Energy Dept Oil Inventories for Nov 28 br2:00p.m. Federal Reserve Beige Book /P PTomorrow (Time GMT):/P P12/4/2008nbsp;12:00 nbsp;UK nbsp;BOE ANNOUNCES RATESnbsp;2.50% nbsp;3.00% br12/4/2008nbsp;12:45 nbsp;EU nbsp;ECB Announces Interest Ratesnbsp;3.00% nbsp;3.25% /P PQuotable brThe world has run out of willing and creditworthy private borrowers. The spectacular collapse of the western financial system is a symptom of this big fact. In the short run, governments will ...

Resource Stock Roundup: Tuesday, December 2nd, 2008

Doug Casey (December 2nd, 2008) Writes:

The Canadian Markets started off the month of December on a sour note with the bears once again coming out of hibernation to maul the bulls. For the tale of the tape, the TSX Exchange plunged 9.32%, while the TSX Gold Index fell 13.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, dropped 3.55% with the declining issuers outpacing the advancers by a 543 to 253 margin on volume of 144 million shares traded.

Waratah Coal added C$0.26 to close at C$1.51 after the company and Mineralogy Pty. Ltd. entered into a definitive support agreement, in conjunction with a revised offer by Mineralogy or a wholly owned subsidiary of Mineralogy to buy Waratah at C$1.60 per share in cash.

Animas Resources managed to add C$0.015 to close at C$0.415 after reporting an 8.5 metre drill intercept running 2.98 grams gold per tonne at its Berta area on its

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Hoku Scientific Inc. (HOKU) Subsidiary Signs Supply Agreement with Leading Alloy Producer; Secures Stronghold in Renewable Energy Market

QualityStocks (November 13th, 2008) Writes:

Hoku Materials Inc., a wholly owned subsidiary of clean energy technology company, Hoku Scientific Inc. (Nasdaq: HOKU), today announced a silicon metal supply agreement that will supply Hoku with guaranteed amounts of metallurgical grade silicon for three years beginning in 2009.

Hoku’s agreement with leading alloy producer Polymet Alloys Inc. and its allied partner Rima Industrial S.A., will allow Hoku to use the grade silicon to manufacture trichlorosilane, an integral material in solar grade polysilicon production.

“Hoku is pleased to have established this partnership with Polymet Alloys Inc. and Rima Industrial S.A., leaders in the silicon metal industry,” Dustin Shindo, chairman and CEO of Hoku Scientific stated in the press release. “Silicon metal is a key raw material for Siemens-based production of polysilicon, and another important way for Hoku to manage our production costs. The fixed rates negotiated under this agreement are fair and fit well within our projected financial

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Intime Invests CNY80 Million To Open Store In Shanghai

China Retail News (November 6th, 2008) Writes:
Intime Department Store has announced plans to invest CNY80 million to open its first store in Shanghai. Unlike its existing high-end model, the new Intime store will be a discount theme store. Shanghai South Railway Station Business Management, a wholly owned subsidiary of Intime, said that because of the financial crisis, consumers are attempting to cut [...]

Northwest, Delta Complete Merger

Daniel Shepard (October 30th, 2008) Writes:

Thursday October 30, 2008 Navivest

Delta Air Lines, Inc. (DAL) and Northwest Airlines, Inc. (NWA) completed their merger yesterday, after they got the go ahead from the justice department. The news that both companies were in merger talks first leaked on February 11, 2008.

Under the all-stock $2.6 billion dollar deal, Northwest Airlines (NWA) is now a wholly owned subsidiary of Delta. The merger creates the world’s largest airline.

Northwest Airlines (NWA) stockholders will receive 1.25 Delta (DAL) shares for each Northwest Airlines (NWA) share they own and based on Delta’s (DAL) closing stock price on Oct. 29, 2008, this exchange ratio works out to $9.99 for each Northwest Airlines (NWA) common share.

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Peregrine Pharmaceuticals Inc. (PPHM) to Manufacture Human Coagulation Factor Clinical Candidate for Catalyst Biosciences

QualityStocks (October 28th, 2008) Writes:

Avid Bioservices is a wholly owned subsidiary of Peregrine Pharmaceuticals Inc. Avid Bioservices has signed a manufacturing supply agreement with Catalyst Biosciences, Inc. to produce clinical-grade material in support of their clinical candidate, CB 813, an improved version of factor VIIa for the treatment of acute bleeding in hemophilia patients.

Hemophilia is a hereditary disorder that affects approximately one in 5,000 males born in the United States. When a person with hemophilia is injured, he does not bleed harder or faster than a person without hemophilia, he bleeds longer. Small cuts or surface bruises are usually not a problem, but more traumatic injuries may result in serious problems and potential disability. Deep cuts or internal bleeding, such as bleeding into the joints or muscles, require more complex treatment. The clotting factor missing (VIII or IX) must be replaced so individual can form a clot to stop the bleeding.

Under the

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Burger King Looks To Gain Market Share In Taiwan

China Retail News (October 23rd, 2008) Writes:
BK Asiapac, a wholly owned subsidiary of U.S. based Burger King Corporation, and DaChan Great Wall Group have agreed that BKAP will take an equity position in Home Chain Foods — a DCG subsidiary. HCF has been a Burger King franchisee since 1989 and currently operates 33 Burger King restaurants in Taiwan. The capital infusion by [...]

Stem Cell Therapy International Corp. (SCII.OB) is Focused on Becoming a World Leader in Stem Cell Technology

QualityStocks (October 21st, 2008) Writes:

Stem Cell Therapy International Corp. (SCII.OB), which is in the process of formally changing its name to AmStem International, is on track to become one of the largest providers of cord blood stem cells in the world. AmStem, already successfully pursuing U.S. and European stem cell markets, is now positioning itself as a major player in Asia through its acquisition of Korean stem cell company HistoStem, the largest cord blood bank facility in the world (the nearest competitor is less than half as big).

HistoStem is the only company in Korea approved by the Korean FDA to provide stem cells for clinical and surgical applications. There is no comparable regulatory approval of stem cells at this level anywhere in the world. HistoStem has successfully developed a number of pioneering technologies to isolate and work with stem cells in the treatment of disease, and has an established supply chain allowing it

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