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Biostar Raises $3.6 Million

Fri, 06 Nov 2009 17:26:18 GMT

Biostar Pharmaceuticals has completed a private placement that raised $3.6 million in new capital. Biostar will use the proceeds to complete its new raw materials processing facility. By taking its raw material production in house, Biostar will lower costs and ensure its product quality. Biostar plans to sell excess raw materials to other pharmaceutical companies in the Shaanxi province.[More...]

Bulls Back On Track?

Fri, 06 Nov 2009 16:21:18 GMT

Good morning. With chants of "Dow 10K… Dow 10K" once again rising from the streets at the corner of Broad and Wall yesterday, it is easy to believe that the bulls are back on track and that we'll soon be looking at new highs for the stock market. And when reviewing the data inputs to yesterday's 204 point romp, it is also easy to don the Dow10K hat once again and join in on the celebration.[More...]

Ford's Main Problem: The UAW's Crippling Job Classifications And Work Rules

Fri, 06 Nov 2009 13:52:50 GMT

Ford's 2,215 page 2007 master contract with the UAW 1941 UAW-Ford contract[More...]

Your Kind of Day?

Thu, 05 Nov 2009 19:06:48 GMT

As a rule, I try not to read too terribly much into a "Fed Day" as there is usually a big batch of volatility that may or may not mean much of anything come the dawn of the next day. Maybe, it's just me. Or maybe there are others that find themselves inclined to simply stand aside and watch the nuttiness from the sidelines on "Fed Days." But in any event, the volatility after a Fed announcement, while fun to watch, may not be telling as to what to expect in the future.[More...]

The Dollar-Proof Portfolio

Thu, 05 Nov 2009 17:31:14 GMT

Don't put off this important piece of the financial-planning process.[More...]

What Investors Should Look for In Today’s Fed Statement

Wed, 04 Nov 2009 13:04:24 GMT

In its continuing efforts to nurture the fragile economic recovery, the U.S. Federal Reserve is widely expected to leave interest rates at record lows when it concludes its meeting today (Wednesday).[More...]

Are Discount Brokers Shares Worth Owning?

Wed, 04 Nov 2009 01:28:03 GMT

The third quarter was a favorable one for the longs. Except for a few short-lived, minor pullbacks stock prices moved higher through the quarter. Stock price volatility declined, takeover activity rose, and risk appetite improved to help the S&P gain 15%.[More...]

Technology Rises And Buying Facebook

Tue, 03 Nov 2009 16:54:11 GMT

Technology stocks have done well this year. The Technology Select Sector SPDR (XLK) bottomed out in March and by late October was up more than 60%. Tech has performed better than any other sector year-to-date – up 33.7% as of Friday’s close.[More...]

Buffett Gets His Cheque Book Out

Tue, 03 Nov 2009 16:17:34 GMT

Given the slew of positive economic data Monday you might have been forgiven for expecting a decent rebound in risk assets. There was a rebound of sorts in early New York trading, with the Dow up close to 150 points at one stage.[More...]

Five Ways To Ride The Commodities Bull

Tue, 03 Nov 2009 15:21:07 GMT

Commodity prices have faltered in the last couple of weeks, and much of the “smart money” is saying the boom is over. Don’t believe it.[More...]

TSX Venture Exchange Daily Bulletins

Tue, 23 Jun 2009 21:49:00 GMT

VANCOUVER, June 23 /CNW/ -
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.
Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.

[More...]

Cardero Provides Update on Purchase Agreement for Pampa de Pongo Iron Ore Project, Peru

Tue, 18 Aug 2009 20:48:00 GMT

VANCOUVER, BRITISH COLUMBIA -- -- 08/18/09 -- Cardero Resource Corp. is pleased to provide a progress report on the Pampa de Pongo sale agreement with Zibo Hongda Mining Co. Ltd., a subsidiary of Nanjinzhao Group Co. Ltd. Hongda has provided the Company full assurances it intends to complete the purchase of Pampa de Pongo and is diligently working to satisfy the conditions necessary to secure the bank guarantee for the remainder of the purchase price. Hongda is also continuing its aggressive engineering drill program at the site, which is expected to last through September 2009.[More...]

CORRECTION FROM SOURCE: Cardero Receives Initial Mineral Resource Estimate for Pampa El Toro Iron Sands Deposit, SW Peru

Tue, 21 Jul 2009 15:05:00 GMT

VANCOUVER, BRITISH COLUMBIA -- -- 07/21/09 -- The following corrects and replaces the release disseminated today at 9:28 AM ET. In the second paragraph, '6 metres' has been changed to '60 metres'.[More...]

Cardero Receives Initial Mineral Resource Estimate for Pampa El Toro Iron Sands Deposit, SW Peru

Tue, 21 Jul 2009 13:23:00 GMT

VANCOUVER, BRITISH COLUMBIA -- -- 07/21/09 -- Cardero Resource Corp. is pleased to announce that it has received an initial mineral resource estimate for the Pampa El Toro Iron Sands deposit in south-western Peru from SRK Consulting Inc. . Indicated and inferred resources have been defined over an approximate area of 1,595 hectares , and only to a nominal depth of 30 metres from surface, as follows:[More...]

Cardero Grants Incentive Stock Options

Thu, 09 Apr 2009 21:13:00 GMT

- Cardero Resource Corp. - announces that, pursuant to its 2002 Incentive Stock Option Plan, it has granted incentive stock options to a consultant allowing it to purchase up to an aggregate of 225,000 common shares in the capital stock of the Company. The options are exercisable at a price of CAD 1.39 for a period of two years ending April 9, 2011.[More...]

Cardero Grants Incentive Stock Options

Thu, 09 Apr 2009 21:12:00 GMT

VANCOUVER, BRITISH COLUMBIA -- -- 04/09/09 -- Cardero Resource Corp. - announces that, pursuant to its 2002 Incentive Stock Option Plan, it has granted incentive stock options to a consultant allowing it to purchase up to an aggregate of 225,000 common shares in the capital stock of the Company. The options are exercisable at a price of CAD 1.39 for a period of two years ending April 9, 2011.[More...]

Cardero Grants Nanjinzhao Extension to Pampa de Pongo Purchase Agreement

Wed, 18 Mar 2009 13:26:00 GMT

- Cardero Resource Corp. announces that following recent discussions with Nanjinzhao Group Co. Ltd., the Company has granted a request for a limited extension to the USD 10 million deposit payment due March 17th, 2009.[More...]

Cardero Grants Nanjinzhao Extension to Pampa de Pongo Purchase Agreement

Wed, 18 Mar 2009 13:25:00 GMT

VANCOUVER, BRITISH COLUMBIA -- -- 03/18/09 -- Cardero Resource Corp. announces that following recent discussions with Nanjinzhao Group Co. Ltd., the Company has granted a request for a limited extension to the USD 10 million deposit payment due March 17th, 2009.[More...]

Cardero Successfully Produces Bench-Scale Pig Iron From Pampa El Toro Iron Concentrate

Wed, 18 Feb 2009 12:57:00 GMT

- Cardero Resource Corp. is pleased to provide an update on the Pampa El Toro iron sands project, located in the Marcona district, Peru. The Company has now completed its Phase I briquetting work and is currently undertaking the Phase II bench-scale pig iron production program.[More...]

Cardero Successfully Produces Bench-Scale Pig Iron From Pampa El Toro Iron Concentrate

Wed, 18 Feb 2009 12:56:00 GMT

VANCOUVER, BRITISH COLUMBIA -- -- 02/18/09 -- Cardero Resource Corp. is pleased to provide an update on the Pampa El Toro iron sands project, located in the Marcona district, Peru. The Company has now completed its Phase I briquetting work and is currently undertaking the Phase II bench-scale pig iron production program.[More...]

Cardero Resource Corp Announces that Nanjinzhao Makes Early USD 2 Million Payment

Wed, 11 Feb 2009 12:57:00 GMT

- Cardero Resource Corp. - is pleased to provide an update on the sale of Pampa de Pongo iron ore deposit to Nanjinzhao for USD 200 million. Nanjinzhao will commence engineering assessment work immediately and have made an early payment of USD 2 million in consideration of Cardero's cooperation. This work will allow the Nanjinzhao's permitting application to be submitted more quickly. The due dates for the remaining payments of USD 10 million and USD 188 million remain unchanged.[More...]