Friday, December 31, 2010

2010 Great for the Stock Market and even better for certain Solar Stocks

The Market in 2010
Solar Stocks and Market Commentary with J Peter Lynch
Point Roberts, South Salem, New York � December 31, 2010 - Investorideas.com, a leader in cleantech stock research tools issues new solar stocks commentary from solar contributor, J. Peter Lynch.
Solar Stocks Commentary with J Peter Lynch -
Read other articles, Exclusively for InvestorIdeas.com and Renewableenergystocks.com: http://www.renewableenergystocks.com/PL/

2010 was certainly a year to remember. It had its ups and it had it downs, but in the end it was up an average of 13.87% (averaging the three major indexes � see table below) that is a far better than the average year and despite a constant barrage of terrible news the market continued to climb its �wall of worry�.
With everyone worrying about jobs and the economy the year seemed to be a never ending sequence of one bad set of news after the other. But if there is one think I have learned over the years is NEVER to listen to the talking heads on TV or to the hundreds of �experts� all over the internet who tell you what is going to happen tomorrow based upon what has happened today. That is silly and also, more importantly, impossible. No one can know what is going to happen or why it is going to happen, if you pay close attention you will eventually see that everyone is clearly guessing and guessing is NOT one of the tools that a successful investor employs.
The Importance of seeing �What is� verses what we think �should� be
Let me give you a totally NON logical example that will make it clear that guessing and perhaps "logical" are not really good tools for an investor. I think I can safely say that the top topics for 2010 and the ones that are on everyone's mind are: jobs, the economy, the housing crisis and the persistent recession as it drags on. So, given that background, what do you think were the top 3 market sectors in 2010 in terms of returns for investors?
Give up? Can't even guess?
Well they were:
  1. Autos
  2. Restaurants
  3. Leisure
All of them are consumer related and we all KNOW (for sure?) that this is a terrible recession and that the economy is in bad shape and that it would be impossible for consumer related areas to do well, right?
Wrong! They not only did well they were the best 3 areas.
So what can we learn from this?
What we can learn is that an investor has to STOP thinking they KNOW what "should be" given the circumstances as the investor sees them and realize that the most important thing is NOT what you think should be but "WHAT IS". If umbrella sales are going thru the roof during a massive drought - forget about what you "know" - BUY umbrella stocks!
The Best and the Worst of 2010
Now that you know the three best areas for investors in 2010, what was the worst area for investors in 2011?
The worst area for investors in 2011 was the solar sector, specifically the PV sector that we follow closely it was down and average of 14.6% in a very good year (up 13.87% on average) for the market.
Based upon this fact, it would be terrible to invest in this area for any sane investor? Correct?
Well in general, yes. If you bought each of our solar stocks you would have been down approximately 14.6% for the year. However, if you bought the "best" of the solar stocks - our solar seven, you would have been up an average of 42.94% more than 300% better than the general market averages.
2010 Stock Returns Comparison
Current Price%Change 2010


Stock Symbol

JASO6.7117.72
JKS20.898
LDK10.1945.36
SOL8.5579.62
SOLF8.258.1258
SOLR9.2366.01
TSL23.13-14.29
Solar Seven 2010 +42.94%
All Solar PV Stocks 2010 -14.60%
S&P 500 1259.78 12.97
Dow Jones 11585.38 11.1
NASDAQ 2666.93 17.53
Major Indexes Average +13.87%
Solar Seven Selection Criteria
Back in the beginning of 2010 I explained that we were rating all of our solar stocks and that the seven strongest stocks – later named – “The Solar Seven” were the strongest stocks among the industry. My rating system is a proprietary combination of various relative strength measures, technical measures and some fundamental components.
What can we learn from this amazing performance in a terrible solar market?
What we can learn is that there are always stocks going up somewhere, even in a terrible market and if you select the “strongest” stocks in a given market segment you will, on average, do quite well. Even if, they are umbrella’s in a drought – regardless of what you “think” you know, always remember that “what is, is” and always buy the strongest stocks in a sector or market. You may not always know “why” something happens, but you will, on average, do much better than most investors and most likely better than the market.
Mr. Lynch has worked, for 33 years as a Wall Street security analyst, an independent security analyst an investment banker and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and advisor to a number of companies. He can be reached via e-mail at: SOLARJPL@aol.com. Please visit his website for the promotion of solar energy - www.sunseries.net
Subscribe to the Peter Lynch solar RSS feed
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com� or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.
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Mining Stocks Trading Alert and Stock Chart for Soltera Mining Corp. (OTCPK: SLTA.) FRANKFURT: SN7

Point Roberts, WA, December 31, 2010 - www.InvestorIdeas.com and its leading mining investor portals, issue a technical trading alert and stock chart for showcase gold mining stock Soltera Mining Corp. (OTCPK:SLTA.) FRANKFURT: SN7). The stock closed at $ 0.20, up 0.05 (33.33%) on Thursday’s trading.
The stock has doubled in the last month, following November’s news announcing funding by Goldlake Italia S.p.A. (Goldlake Group) for the gold test work program at their El Torno Gold property in Jujuy, Argentina.
InvestorIdeas Mining Newswire Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/
Soltera Mining Corp. (OTC: SLTA.PK) is a gold exploration company concentrating on its large-scale El Torno Gold Project in the Province of Jujuy in north-west Argentina. Soltera is an unusual exploration company in the sense that it is following two distinct lines of action: the first is to explore potentially large vein and dispersed gold deposits that occur within the 78 km2 title area; while the second is to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.
Portfolio Highlights:
Major gold exploration project at El Torno in Argentina with large-scale potential for both underground and open-pit mining.
Near-term small-scale gold production being developed from gold-bearing surficial deposits found in several parts of the area.
Visit the company website at http://www.solteramining.com/
Properties Page:http://www.solteramining.com/index.php?option=com_content&task=view&id=19&Itemid=74
Request news and stock alerts from Soltera Mining Corp. http://www.investorideas.com/Resources/Newsletter.asp
Soltera - Safe Harbor Statement: Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Information or opinions in this document are presented solely for informative purposes and are not intended nor should be construed as investment advice. We encourage you to carefully review the Company with your investment advisor and verify any information that is important to your investment decision
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector.
Disclaimer: The following company profile release for Soltera Mining is a paid for submission as a showcase companies (five hundred per month) Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.
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Contact Soltera Mining Corp.
Fabio Montanari
President/CEO
info@solteramining.com
+1 888-768-5552
For Additional Information about Investorideas.com mining portals:
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Thursday, December 30, 2010

Nanotechnology Stocks; mPhase Technologies (OTC.BB:XDSL) Continues to Position Scalable Smart Reserve Cell Technology for 2011 Federal Funding


LITTLE FALLS, NJ - December 30, 2010 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB:XDSL) announced today that it will recommence active efforts in January of 2011 to secure federal funding for its scalable smart reserve cell technology, one of the line items included in the Fiscal Year 2011 Defense Appropriations bill that was passed in the United States House of Representatives. Scalable Smart Reserve Cell Technology was listed to receive funding as part of the omnibus appropriations bill that failed to achieve a bipartisan compromise in the United States Senate in December of 2010, as part of the budget for the current 2011 fiscal year. Nevertheless, the Company is actively seeking to have such line item funding reintroduced in January of 2011, as part of early consideration in a defense appropriations bill for the 2011 fiscal year, and it is anticipated that it should be a high-priority item for the next Congress to augment to the temporary resolution that is currently funding the U.S. government.
"We are encouraged that the prior Congress has recognized the importance of this technology," said Mr. Ronald Durando, mPhase's President and Chief Executive Officer. The bill that was passed by the House of Representative in the last Congressional session is the first time Congress specifically designated funding for this type of technology. The Company continues to believe that it will be well positioned for a defense appropriations line item in the next Congress that convenes in January of 2011, given the company's leadership in the field.
The company is a leader in developing new innovative products using micro fluid dynamics, MEMS and super-hydrophobic suspension and separation of liquids on micro structures of silicon, developed through the science of nanotechnology. mPhase began using nanotechnology to develop power cells in 2004 with the Bell Labs division of Alcatel-Lucent (formerly Lucent Technologies, Inc.)
The Company has successfully delivered to the United States Army under a Phase II STTR grant a prototype of its Smart NanoBattery. "We believe that the successful delivery of a prototype of a first of its kind reserve battery designed for backup power for critical mission computer memory is vital in strategic weapons systems and sensor networks," said Durando. The company is positioned to custom tailor its Smart NanoBattery for a variety of military subsystems and critical mission commercial products. The Company is in the process of applying for new Phase I grants under both STTR and SBIR programs promulgated by the United States Department of Defense and the United States Department of Energy, as well as National Science Foundation grants.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab on a chip analytic systems, self cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award winning product designed by PorscheDesign Studio and sold via the mPower website: http://www.mpowertech.com.
More information about the company can be found at http://www.mPhaseTech.com.
Forward Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company s products in the market; the Company s success in technology and product development; the Company s ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company s SEC filings, including the financial statements and related information contained in the Company s SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
mPhase Technologies, Inc. 973 256 3737
Visit the XDSL showcase profile at Investorideas.com
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Disclosure, Disclaimer/ XDSL is a paid advertising client on Investorideas.com and our technology portals.
Wind Stocks; Superior Silver Mines, Inc. (OTCBB:SSVM) Announces Completion of Merger

Wallace, Id., December 30, 2010 (www.Investorideas.com renewable energy and green newswire) - Superior Silver Mines, Inc. (OTCBB:SSVM) (the "Company") announced it has completed a reverse merger transaction with Clean Wind Energy, Inc. ("Clean Wind"), which plans to design, develop and construct large downdraft towers to generate electricity and clean water economically. Today, Clean Wind became a wholly-owned subsidiary of the Company. As a result, the business operations of Clean Wind will comprise the Company's principal business operations going forward. The Company will continue to be traded on the OTCBB under the symbol SSVM.
Under the terms of the Agreement and Plan of Merger, dated December 29, 2010, by and among the Company, Clean Wind and Superior Silver Mines Acquisition Corp., a wholly-owned subsidiary of the Company, the Clean Wind stockholders were issued in exchange for their Clean Wind common stock, the right to receive an aggregate of 300,000,000 shares of the Company's common stock. Following the merger, the Company now has 327,055,199 shares of common stock issued and outstanding, of which the pre-merger stockholders of the Company own approximately 6% on a fully diluted basis and of which the pre-merger stockholders of Clean Wind own approximately 92% on a fully diluted basis.
In connection with the merger, Dale B. Lavigne resigned as a director of the Company and Ronald W. Pickett and Robert P. Crabb were appointed to the Company's Board of Directors to fill the vacancy created by Mr. Lavigne's resignation and a pre-existing vacancy.
Commenting on the transaction, Ronald W. Pickett, the Company's President, CEO and Chairman, stated, "the Clean Wind team has been working diligently this year merging proven techniques and refining known technologies to bring this clean renewable method of producing economical electricity to the market. We believe the best form of ownership for this business should be with the public and we are pleased to have accomplished that milestone through this merger."
Additional information about the merger and Clean Wind can be found in the Company's Current Report on Form 8-K to be filed with the Securities and Exchange Commission no later than January 5, 2011 as well as their web site www.cleanwindenergytower.com.
About Superior Silver Mines, Inc.
Prior to the closing, Superior Silver Mines, Inc. was a public "shell" company with nominal assets whose purpose was to seek, investigate and, if such investigation warranted, acquire an interest in business opportunities presented to it by other persons or firms.
Forward-Looking Statements
Statements about the Company's future expectations, including its plans to design, develop and construct large downdraft towers that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies, its intent to be prepared to establish partnerships - at home and abroad � to propagate these systems and meet increasing global demand for clean water and electricity, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. These risks and uncertainties include that it is an early stage company and has not yet commenced with the sale of its products, it has a history of losses, its strategies for development of the business might not be successful, it expects to rely upon strategic relationships in order to execute its business plan and it may not be able to consummate the strategic relationships necessary to execute its business plan, project development or construction activities may not be successful and proposed projects may not receive required permits or construction may not proceed as planned, potential future financings could involve a dilution of the interests of the stockholders of the Company upon the issuance of additional shares of Common Stock and/or other securities, its business is subject to significant government regulation and, as a result, changes to such regulations may adversely affect its business, its ability to successfully integrate the businesses of acquired companies, competitive and economic influences, as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 8-K to be filed no later than January 5, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.

Wednesday, December 29, 2010

Investor Ideas adds Waternewswire.com – Dedicated to Global Water News to
Sector Content

Specialty Newswire to address global water issues

Point Roberts, WA December 29, 2010. Investorideas.com, a global
leader in investor research reports it has added the water newswire,
www.waternewswire.com to its current umbrella of sector content. Investor Ideas
is a leader in cleantech research and one of the few investor portals covering
investing in water.

Investorideas.com current water content includes the www.water-
waterstocks.com investor research portal within investorideas.com, the
water stocks news rss feed, water stocks blog on blogger.com (http://
waterstocks.blogspot.com/) and www.waterthenextoil.com , a new wordpress
blog.

Waternewswire.com is a new specialty newswire dedicated to the water industry
http://www.waternewswire.com.

Submit water news here:
http://www.waternewswire.com/submit-news/
(Non profits can submit news free)

Visit the Waternewswire.com on Twitter
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Contact
News@waternewswire.com
800 665 0411

Water Stocks Directory - Global Water Stocks Directory of publicly traded water
stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX,
AIM and other leading global Stock Exchanges. The stock directory features
water stocks ranging from desalination companies to bottled water stocks, to
infrastructure, water treatment and technology as well as other sub sectors. The
directory in PDF format, features hyperlinks to stocks symbol(s), company's URL
and company's description. For investors following water stocks this is one of the
most comprehensive directories in the sector available.
http://www.investorideas.com/Water-Stocks/Stock_List.asp

Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB:
WSCE)

Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water Solutions Company focused on
implementing its superior yet low cost solutions into the oil and gas production industry.

Investors can view the full company profile at http://www.investorideas.com/CO/WSCE/
Or visit the company website at http://www.wescorpenergy.com/

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Disclosure/disclaimer -Wescorp (OTCBB: WSCE is a paid advertising showcase stock by a third party;
2500 per month plus 100, 00 stock options at .25). Our sites do not make recommendations. Nothing on
our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to
research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information
relating to featured companies is sourced from public documents and/ or the company and is not the
opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news
submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/
About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp

For More Information Contact:

Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com

Source: Water-Stocks.com, Investorideas.com
Green Car Stock News; EVCARCO's (OTC.BB: EVCA) New CEO Set to Implement Franchise Strategy

DALLAS, TX - December 29, 2010 (Investorideas.com renewable energy/green newswire) - EVCARCO (OTCBB: EVCA) is pleased to announce that the Company has signed a three year executive agreement with Mr. Mack Sanders, who was recently appointed CEO by EVCARCO's board of directors. Mr. Sanders will be mainly responsible for the Company's roll out of its retail franchise model throughout the United States for its environmentally friendly vehicle product line as well as overseeing the day to day operations of the Company.
Mr. Sanders comes to EVCARCO with a strong background in the retail and wholesale automotive industry working in retail locations for Lincoln Mercury, Oldsmobile, and Mercedes. Mr. Sanders started his professional career in 1982 working as a retail sales professional for Pioneer Lincoln Mercury in Lubbock, Texas for their pre-owned vehicle division. Mr. Sanders played a key role in the 1980s in helping develop and maintain the pre-owned vehicle retail locations for Giles Volvo in Houston, Texas. After moving back to Dallas in 1990, Mr. Sanders entered the dealer to dealer automotive wholesale business permanently, working for over 15 years with David Jurecki where to this day, Mr. Sanders has cultivated long standing accounts with automotive franchise owners throughout the country.
"I am excited to join EVCARCO and bring my knowledge and expertise in the retail and wholesale operations, inventory management and new car franchise business, which will enable EVCARCO to build its own franchise brand for environmentally friendly dealerships," stated Mack Sanders, CEO of EVCARCO.
"Mack Sanders brings a strong history of automotive expertise to our management team, which will enable us to quickly achieve key milestones in 2011," stated Nikolay Frolov, Chief Financial Officer and Director of EVCARCO.
About EVCARCO
EVCARCO (OTC.BB:EVCA) (Pinksheets:EVCA) (www.evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Contact:
Richard Griffiths
Press and media
Email Contact
800-486-3404
Joshua Spivey
CIO/Investor Relations
800-960-1452
Visit the EVCA showcase profile at Investorideas.com
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Disclosure, Disclaimer/ EVCA is a paid advertising client on Investorideas.com and our renewable energy portals.
Early Morning Percentage Gainers on NASDAQ; AMRS, CONN, RNOW,
PRST, SPCHB


Green Stock, Amyris, Inc. (NasdaqGM: AMRS), Renewable Products Company. Leads
Gainers

POINT ROBERTS, Wash., December 29, 2010 - www.InvestorIdeas.com, a global investor
research portal for independent investors, reports on early morning trading on the NASDAQ.com.
Top percentage gainers include: AMRS, CONN, RNOW, PRST and SPCHB. Amyris, Inc.
(NasdaqGM: AMRS) was the leader at the time of this release, trading up over 13%.

Trading Close-Up
Amyris, Inc. (NasdaqGM: AMRS) trading at $27.41, up 3.26 (13.50%) 10:35AM EST
Conn's, Inc. (NasdaqGS: CONN) trading at $ 4.83, up 0.53 (12.33%) 10:35AM EST
RightNow Technologies, Inc. (NasdaqGM: RNOW) trading at $ 22.46, up 2.67 (13.49%) 10:37AM
EST
Sport Chalet, Inc. (NasdaqGM: SPCHB) trading at $ 3.99, up 0.29 (7.81%)

Market Snapshot (at time of release)
Dow 11,617.05 +41.51 +0.36%
Nasdaq 2,670.58 +7.70 +0.29%
S&P 500 1,261.15 +2.64 +0.21%
10 Yr Bond (%) 3.4860% +0.0050
Oil 91.24 -0.25 -0.27%
Gold 1,407.70 +2.50 +0.18%

Company Snapshot: Amyris, Inc. (NasdaqGM: AMRS

Amyris is building an integrated renewable products company by applying industrial synthetic
biology to genetically modify microorganisms to serve as living factories. Amyris designs these
microorganisms to produce defined molecules for use as renewable chemicals and transportation
fuels. Amyris Brasil S.A., a subsidiary of Amyris, oversees the establishment and expansion of
Amyris’s production in Brazil. In addition, Amyris is building fuels distribution capabilities in the
United States through its subsidiary, Amyris Fuels LLC. More information about Amyris and its
subsidiaries is available at www.amyris.com.

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investing content. Investor Ideas (and portals within the hub) was one of the first
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and stock directories in renewable energy, homeland security and water sectors.

InvestorIdeas.com features over twenty industry sectors and global markets
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as
an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we
offer no guarantees as to the accuracy of information presented. All Information relating to featured
companies is sourced from public documents and/ or the company and is not the opinion of our web sites.
This site is currently compensated by featured companies, news submissions and online advertising.

www.InvestorIdeas.com/About/Disclaimer.asp

For Additional Information and or interest in becoming a content /revenue
partner:

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com

Source – Investorideas.com

Tuesday, December 28, 2010

Biotech/Pharma Stock Trading Alert for BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX)

BPAX Closes at $2.00, up $0.4250 (26.98%) on 10,565,686 shares

Point Roberts, WA - December 28, 2010 (Investorideas.com Newswire) - InvestorIdeas.com, a leader in sector research for investors including biotech stocks, issues a trading alert for BioSante Pharmaceuticals, Inc . (NASDAQ:BPAX). The stock closed at $2.00, up $0.4250 (26.98%) on 10,565,686 shares. The stock was down $0.25 in after hours trading.
InvestorIdeas.com Newswire BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) Recent News and Commentary:
BioSante Pharmaceuticals to Raise $18 Million in Registered Direct Offering
LINCOLNSHIRE , Ill. -- BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) today announced that it has received commitments from several institutional investors to purchase $18 million of securities in a registered direct offering. BioSante expects to receive net proceeds of approximately $16.9 million after deducting placement agent fees and other offering expenses. BioSante has entered into securities purchase agreements with these investors pursuant to which BioSante has agreed to sell an aggregate of approximately 10.6 million shares of its common stock and warrants to purchase up to approximately 5.3 million additional shares of its common stock. Each unit, consisting of one share of common stock and a warrant to purchase 0.50 of a share of common stock, will be sold for a purchase price of $1.70, a premium to the closing price on the prior full trading day of Thursday December 23, 2010.
"We are pleased to have a commitment from these new and existing institutional investors," said Stephen M. Simes, BioSante's president and chief executive officer. “This additional funding from these high quality biotechnology institutional investors provides us with a strong cash position as we close out the year, ensuring our ongoing focus on our LibiGel® Phase III clinical study program. Our objective is to submit a new drug application (NDA) to the U.S. Food and Drug Administration (FDA) by the end of 2011. LibiGel remains the lead pharmaceutical product in the U.S. in active development for the treatment of hypoactive sexual desire disorder (HSDD) in menopausal women, and we continue to believe that LibiGel has the potential to be the first product approved by the FDA for this common and unmet medical need.”
The warrants to purchase additional shares will be exercisable at an exercise price of $2.00 per share beginning immediately and will expire five years from the date that the warrants are issued. All of the securities were offered pursuant to an effective shelf registration statement. Proceeds from the transaction will be used for general corporate purposes, including continuing to fund BioSante's LibiGel Phase III clinical study program, as well as to seek opportunities for its GVAX cancer vaccines and other technologies. The offering is expected to be consummated by December 30, 2010, subject to customary closing conditions.
Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc., (NASDAQ:RODM - News), acted as the exclusive placement agent for the transaction. Roth Capital Partners, LLC, JMP Securities LLC, Oppenheimer & Co. Inc. and Trout Capital, LLC acted as financial advisors.
A shelf registration statement relating to the shares of common stock and warrants issued in the offering (and the shares of common stock issuable upon exercise of the warrants) has been filed with the Securities and Exchange Commission (the “SEC”) and has been declared effective. A prospectus supplement relating to the offering will be filed by BioSante with the SEC. Copies of the prospectus supplement and accompanying prospectus may be obtained directly from BioSante by contacting BioSante Pharmaceuticals, Inc., 111 Barclay Boulevard, Lincolnshire, Illinois 60069. Copies of the final prospectus supplement and accompanying prospectus relating to the offering also may be obtained from Rodman & Renshaw, LLC, 1251 Avenue of the Americas 20th Floor, New York, NY 10020 or by calling (212) 356-0549. This announcement is neither an offer to sell nor a solicitation of an offer to buy any shares of common stock or warrants of BioSante. No offer, solicitation or sale will be made in any jurisdiction in which such offer, solicitation or sale is unlawful.
About BioSante Pharmaceuticals, Inc.
BioSante is a specialty pharmaceutical company focused on developing products for female sexual health and oncology. BioSante's lead products include LibiGel® (transdermal testosterone gel) for the treatment of female sexual dysfunction (FSD) which is in Phase III clinical development under a U.S. Food and Drug Administration (FDA) Special Protocol Assessment. BioSante also is developing a portfolio of cancer vaccines, three of which have been granted orphan drug designation, and are currently in several Phase II clinical trials. Other products in development are Bio-T-Gel™, a testosterone gel for male hypogonadism licensed to Teva Pharmaceuticals and an oral contraceptive in Phase II clinical development using BioSante patented technology. The company also is seeking opportunities for its other technologies. Additional information is available online at: www.biosantepharma.com.
Forward-Looking Statements
To the extent any statements made in this news release deal with information that is not historical, these are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about BioSante's plans, objectives, expectations and intentions with respect to future operations and products and other statements identified by words such as “will,” “potential,” “could,” “can,” “believe,” “intends,” “continue,” “plans,” “expects,” “anticipates,” “estimates,” “may,” other words of similar meaning or the use of future dates. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties and risks may cause BioSante's actual results to be materially different than those expressed in or implied by BioSante's forward-looking statements. For BioSante, particular uncertainties and risks include, among others, the difficulty of developing pharmaceutical products, obtaining regulatory and other approvals and achieving market acceptance; the marketing success of BioSante's licensees or sublicensees; the success of clinical testing; and BioSante's need for and ability to obtain additional financing. More detailed information on these and additional factors that could affect BioSante's actual results are described in BioSante's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q. All forward-looking statements in this news release speak only as of the date of this news release. BioSante undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact:
For Investors: The Trout Group LLC
Tricia Swanson (646) 378-2953
tswanson@troutgroup.com
Or For Media:
McKinney/Chicago
Alan Zachary (312) 944-6784 ext. 316
azachary@mckinneychicago.com
Other news/commentary at Seeking Alpha : Is BioSante Pharmaceuticals Next in Line to Receive Institutional Praise?
http://seekingalpha.com/article/243652-is-biosante-pharmaceuticals-next-in-line-to-receive-institutional-praise?source=yahoo
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Energy Stocks; Trading Alert and Stock Chart for American Petro-Hunter (OTCBB: AAPH)

(OTCBB: AAPH) Trades up 12.97% on News


Point Roberts, WA. - December 28, 2010 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including energy stocks releases a trading alert and stock chart for showcase energy company American Petro-Hunter Inc (OTCBB: AAPH) following news of a second producing well at the North Oklahoma Project. The stock closed trading on Monday at $ 0.3344, up 0.0384 (12.97%).
News:American Petro-Hunter's (OTCBB: AAPH) North Oklahoma NOJ26 Oil Well Begins Commercial Production
SCOTTSDALE, AZ - December 27, 2010 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today is pleased to announce that the NOJ26 oil well went on pump as of December 23rd at the North Oklahoma Project and is now in production. This is the second producing oil well at the project.
The well completion program is now finished having undergone a light fracture stimulation ("frack") and acidization of the upper Mississippi oil pay zone formation. Prior to the frack, the 40 foot pay zone was successfully tested and showed an oil cut of over 40% light oil which is now steadily increasing following the completion of the acid treatment.
Full news: http://www.investorideas.com/CO/AAPH/news/12271.asp
InvestorIdeas.com Newswire About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
American Petro-hunter Inc (OTCBB: AAPH) is a showcase Oil and Gas stock on Investorideas.com (please read disclosure and disclaimers)
Visit the showcase page on Investorideas.com
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Equity research report on American Petro-Hunter Inc (OTCBB: AAPH) , byGrass Roots Research and Distribution, Inc., is available for energy investors to get more in-depth analysis of the company and its energy portfolio.  
Read the report at www.grassrootsrd.com and http://www.investorideas.com/CO/AAPH/Cohen_AAPH_report_100510.pdf
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Investorideas.com features third party research in multiple industry sectors including energy, biotech and mining. More third party research reports can be found at http://www.investorideas.com/Research/.
Disclaimer: The following American Petro-Hunter Inc news is paid for by third party on behalf of showcase energy stock AAPH (twenty thousand November, two thousand December 2010). Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
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American Petro-hunter Inc. (AAPH.OB) Oct 2010 - one month showcase energy stock on Investorideas.com and energy portals and blogs (three thousand per month)
Biotech/Pharma Stock News; BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) to Raise $18 Million in Registered Direct Offering

LINCOLNSHIRE, Ill. - December 28, 2010 (Investorideas.com newswire) BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) today announced that it has received commitments from several institutional investors to purchase $18 million of securities in a registered direct offering. BioSante expects to receive net proceeds of approximately $16.9 million after deducting placement agent fees and other offering expenses. BioSante has entered into securities purchase agreements with these investors pursuant to which BioSante has agreed to sell an aggregate of approximately 10.6 million shares of its common stock and warrants to purchase up to approximately 5.3 million additional shares of its common stock. Each unit, consisting of one share of common stock and a warrant to purchase 0.50 of a share of common stock, will be sold for a purchase price of $1.70, a premium to the closing price on the prior full trading day of Thursday December 23, 2010.
"We are pleased to have a commitment from these new and existing institutional investors," said Stephen M. Simes, BioSante's president and chief executive officer. �This additional funding from these high quality biotechnology institutional investors provides us with a strong cash position as we close out the year, ensuring our ongoing focus on our LibiGel� Phase III clinical study program. Our objective is to submit a new drug application (NDA) to the U.S. Food and Drug Administration (FDA) by the end of 2011. LibiGel remains the lead pharmaceutical product in the U.S. in active development for the treatment of hypoactive sexual desire disorder (HSDD) in menopausal women, and we continue to believe that LibiGel has the potential to be the first product approved by the FDA for this common and unmet medical need."
The warrants to purchase additional shares will be exercisable at an exercise price of $2.00 per share beginning immediately and will expire five years from the date that the warrants are issued. All of the securities were offered pursuant to an effective shelf registration statement. Proceeds from the transaction will be used for general corporate purposes, including continuing to fund BioSante's LibiGel Phase III clinical study program, as well as to seek opportunities for its GVAX cancer vaccines and other technologies. The offering is expected to be consummated by December 30, 2010, subject to customary closing conditions.
Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc., (NASDAQ:RODM - News), acted as the exclusive placement agent for the transaction. Roth Capital Partners, LLC, JMP Securities LLC, Oppenheimer & Co. Inc. and Trout Capital, LLC acted as financial advisors.
A shelf registration statement relating to the shares of common stock and warrants issued in the offering (and the shares of common stock issuable upon exercise of the warrants) has been filed with the Securities and Exchange Commission (the �SEC") and has been declared effective. A prospectus supplement relating to the offering will be filed by BioSante with the SEC. Copies of the prospectus supplement and accompanying prospectus may be obtained directly from BioSante by contacting BioSante Pharmaceuticals, Inc., 111 Barclay Boulevard, Lincolnshire, Illinois 60069. Copies of the final prospectus supplement and accompanying prospectus relating to the offering also may be obtained from Rodman & Renshaw, LLC, 1251 Avenue of the Americas 20th Floor, New York, NY 10020 or by calling (212) 356-0549. This announcement is neither an offer to sell nor a solicitation of an offer to buy any shares of common stock or warrants of BioSante. No offer, solicitation or sale will be made in any jurisdiction in which such offer, solicitation or sale is unlawful.
About BioSante Pharmaceuticals, Inc.
BioSante is a specialty pharmaceutical company focused on developing products for female sexual health and oncology. BioSante's lead products include LibiGel® (transdermal testosterone gel) for the treatment of female sexual dysfunction (FSD) which is in Phase III clinical development under a U.S. Food and Drug Administration (FDA) Special Protocol Assessment, and Elestrin™ (estradiol gel) for the treatment of moderate-to-severe vasomotor symptoms associated with menopause, which is marketed in the U.S. by Azur Pharma, BioSante's licensee. BioSante also is developing a portfolio of cancer vaccines (GVAX), three of which have been granted orphan drug designation, and are currently in several Phase II clinical trials. Other products in development are Bio-T-Gel™, a testosterone gel for male hypogonadism licensed to Teva Pharmaceuticals and an oral contraceptive in Phase II clinical development using BioSante patented technology. The company also is developing its calcium phosphate technology (CaP) for aesthetic medicine (BioLook™), among other uses, as well as seeking opportunities for its 2A/Furin and other technologies. Additional information is available online at: www.biosantepharma.com.
Forward-Looking Statements
To the extent any statements made in this news release deal with information that is not historical, these are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about BioSante's plans, objectives, expectations and intentions with respect to future operations and products and other statements identified by words such as �will,� �potential,� �could,� �can,� �believe,� �intends,� �continue,� �plans,� �expects,� �anticipates,� �estimates,� �may,� other words of similar meaning or the use of future dates. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties and risks may cause BioSante's actual results to be materially different than those expressed in or implied by BioSante's forward-looking statements. For BioSante, particular uncertainties and risks include, among others, the difficulty of developing pharmaceutical products, obtaining regulatory and other approvals and achieving market acceptance; the marketing success of BioSante's licensees or sublicensees; the success of clinical testing; and BioSante's need for and ability to obtain additional financing. More detailed information on these and additional factors that could affect BioSante's actual results are described in BioSante's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q. All forward-looking statements in this news release speak only as of the date of this news release. BioSante undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
For more information, please contact:
BioSante Pharmaceuticals
For Media:
The Trout Group LLC
Tricia Swanson
(646) 378-2953
tswanson@troutgroup.com
or
For Investors:
McKinney/Chicago
Alan Zachary
(312) 944-6784 ext. 316
azachary@mckinneychicago.com
Visit the BPAX showcase profile at Investorideas.com
Request News and Info on BPAX
Disclosure, Disclaimer/ BPAX is a paid advertising client on Investorideas.com.

Monday, December 27, 2010

Monday’s Most Advance Gainers NASDAQ; VRML. APWR, FlWS, ARSD,
SPCHA

Green Stock Company Snapshot- A-Power Energy Generation Systems (NasdaqGS: APWR )

POINT ROBERTS, Wash., December 27, 2010 - www.InvestorIdeas.com, a global investor
research portal for independent investors, reports on early morning percentage gainers on the
NASDAQ.com. Mid morning leaders include VRML. APWR, FlWS, ARSD and SPCHA.

Trading Close-Up
Vermillion, Inc. (NasdaqGM: VRML) trading at $ 8.89, up 1.61 (22.12%) 11:21AM EST
A-Power Energy Generation Systems (NasdaqGS: APWR ) trading at $5.8, up 0.67 (13.01%)
11:18AM EST
1-800 FLOWERS.COM, Inc. (NasdaqGS: FLWS) trading at $ 3.00, up 0.27 (9.69%) 11:23AM
EST
Arabian American Development Co (NasdaqGS: ARSD) trading at $ 4.30, up 0.38 (9.69%)
10:04AM EST
Sport Chalet, Inc. (NasdaqGM: SPCHA) trading at $2.60, up 0.20 (8.33%) 10:35AM EST

Market Snapshot (at time of release)
Dow 11,541.10 -32.39 -0.28%
Nasdaq 2,653.58 -12.02 -0.45%
S&P 500 1,254.76 -2.01 -0.16%
10 Yr Bond (%) 3.4110% +0.0180
Oil 90.98 -0.53 -0.58%
Gold 1,381.10 +1.60 +0.12%

Green Company Snapshot- A-Power Energy Generation Systems (NasdaqGS: APWR )

A-Power Energy Generation Systems, Ltd. ("A-Power"), through its China-based operating
subsidiaries, is a leading provider of distributed power generation systems in China and is
expanding into the production of alternative power generation systems. Focusing on energy-
efficient and environmentally friendly distributed power generation projects of 25 to 400
megawatts, A-Power also operates one of the largest wind turbine manufacturing facilities in
China. A-Power acquired Evatech Co. Ltd., a designer and manufacturer of industrial equipment
for amorphous-silicon photovoltaic panels, in January 2010 and acquired Hallys Corporation in
May 2010.

In addition to the establishment of strategic relationships with some of the world's leading wind
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Tsinghua University and the China Academy of Sciences to develop and commercialize other
renewable energy technologies. http://www.apowerenergy.com.

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InvestorIdeas.com features over twenty industry sectors and global markets
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as
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Research over 1200 Renewable Energy and Green Stocks for the New Year

POINT ROBERTS, Wash., December 27, 2010 - www.InvestorIdeas.com,
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online investing and business resources providing in-depth information, news
and stock directories in renewable energy, homeland security and water sectors.
InvestorIdeas.com features over twenty industry sectors and global markets

including China, India, Middle East and Australia.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as
an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we
offer no guarantees as to the accuracy of information presented. All Information relating to featured
companies is sourced from public documents and/ or the company and is not the opinion of our web sites.
This site is currently compensated by featured companies, news submissions and online advertising.

www.InvestorIdeas.com/About/Disclaimer.asp

For Additional Information and or interest in becoming a content /revenue
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Oil and Gas Stocks; American Petro-Hunter's (OTCBB: AAPH) North Oklahoma NOJ26 Oil Well Begins Commercial Production

SCOTTSDALE, AZ - December 27, 2010 (Investorideas.com energy newswire) � American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today is pleased to announce that the NOJ26 oil well went on pump as of December 23rd at the North Oklahoma Project and is now in production. This is the second producing oil well at the project.
The well completion program is now finished having undergone a light fracture stimulation ("frack") and acidization of the upper Mississippi oil pay zone formation. Prior to the frack, the 40 foot pay zone was successfully tested and showed an oil cut of over 40% light oil which is now steadily increasing following the completion of the acid treatment.
The well will require several days in order to establish a stable production rate as the remaining frack fluid load will be pumped off during this period. Once fluid removal is complete, the daily oil production rate can be established, which is currently anticipated for an initial production rate (I.P.) in excess of 125 BPD. Ultimately, the true test of the well will be the actual quantity of oil sent to the tanks over the upcoming weeks as it is expected that this early flash of oil will be followed by a period of well stabilization.
As reported earlier, the Company has engineered the next offset location near the NOJ26 and will be announcing a near term spud date sometime in January. With several high quality Mississippian and Woodford development locations engineered as well as exploration locations on the Company's leases, American Petro-Hunter is currently finalizing the 2011 drilling program and will update stakeholders when plans are complete.
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTCBB: AAPH), visit our website at www.americanpetrohunter.com
Contact:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
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American Petro-hunter Inc. (AAPH.OB) Oct 2010 - one month showcase energy stock on Investorideas.com and energy portals and blogs (three thousand per month)

Thursday, December 23, 2010

Karl Miller Morning Market Update on Chesapeake Energy (NYSE: CHK)

December 23, 2010 (Investorideas.com energy newswire) - Energy Report from Karl Miller
Morning Market Update: Chesapeake Energy (NYSE: CHK) with price now above $25.60/share in morning trading, stock looks like and "extremely attractive short sale" at these inflated levels. Since November 30, 2010 CHK shares have risen over 21%, well ahead of the Company's ability to generate cash flow per share in 2011 and 2012 given capital expenditure commitments, leasehold obligations, and capped prices due to forward sales through volumetric production payments (VPP's).
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GOLD BULLION DEVELOPMENT (TSX-V: GBB) YEAR-END MESSAGE FROM MR. FRANK J. BASA, GOLD BULLION DEVELOPMENT PRESIDENT AND CEO

Vancouver - December 23, 2010 (Investorideas.com Mining stocks Newswire) - On behalf of Gold Bullion Development Corp.'s Board of Directors, I would like to extend a heartfelt and sincere thank you to each and every one of our shareholders for their tremendous support of our Company over the last 12 months. This has been a phenomenal year for Gold Bullion as we have made great strides in advancing the Granada Gold Property as a potential open-pit deposit in one of the best places in the world to explore for gold and operate a mine - Quebec. Our market capitalization has increased more than 10-fold since the beginning of 2010 and we have raised in excess of $15 million this year to advance this exciting project. The future could not be brighter for Gold Bullion Development Corp.
I believe we have assembled a fabulous team at Gold Bullion and I would like to thank all of our employees and consultants for their hard work, dedication and professionalism. We do have the "right people" and I'm so grateful and thankful for each of them. Congratulations - each of you has helped make this the most successful year in our Company's history!
We're also very fortunate to be in the right area at the right time. The Cadillac Trend in the heart of the Abitibi Greenstone Belt is one of the world's most prolific gold producing regions. Canada's largest gold deposit, Canadian Malartic, is less than a one hour drive down the Golden Highway from Granada. Meanwhile, the greatest bull market in gold continues. This is very positive for our Company and all the companies who are exploring for gold and producing it along the Cadillac Trend and elsewhere.
Gold Bullion has completed nearly 40,000 metres of drilling this year in the LONG Bars Zone at Granada. We've also more than quadrupled the size of our overall land package in the emerging Granada mining camp from 2,300 hectares to 11,000+ hectares. Drill results and "visuals" have confirmed that the LONG Bars Zone is widening north to south, and we have approximately six kilometres of highly prospective ground to the east still to explore. Mineralization remains open in all directions.
Mines are made, not found. We've taken a fresh approach to a former high grade, underground producer with the goal of turning Granada into a very large open-pit deposit by outlining economic mineralization over a wide area. This will take time, perseverance and much more drilling than we've done to this point. At the moment we continue to "drill for structure". At the right time we'll adjust our drilling strategy and techniques in order to better quantify the grade of this deposit. GENIVAR, our geological consultant, is running a very effective and efficient drill program. We greatly appreciate their expertise and enthusiasm.
In addition to accomplishments with our drill program, we achieved success this year in other areas critical to the development of an open-pit gold mine. We initiated a Baseline Environmental Study in September. This is progressing well and we expect a final report by next spring. We also received very encouraging initial metallurgical results from Granada, showing high recovery rates in Phase 1 test work completed by Gekko Systems of Victoria, Australia.
As I look ahead to 2011, I see another year of opportunity and growth for our Company. I'm extremely optimistic that we will achieve new milestones in our development. Right now the strategy for Granada is very simple - drill, drill, drill. We have very determined crews on the ground and we will just keep on drilling around the clock in order to unlock Granada's true potential. We have another asset as well that investors shouldn't forget, and that's the Castle Silver Mine Property in Cobalt, Ontario. We continue to examine strategic options regarding this property with silver prices at 30-year highs.
On behalf of our Board, I thank each and every one of you again for the loyalty, patience and support you've shown through this dramatic year of growth for Gold Bullion. My wife Elaine and I extend our deepest wishes to shareholders and all the members of the Gold Bullion "team" for a Merry Christmas and a safe, happy and prosperous New Year.
Regards,
Frank J. Basa
President & CEO
Gold Bullion Development Corp.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of mineral properties, all of which are located in Canada. The Company is currently focused on the advancement of its Granada Gold Mine Property in Rouyn-Noranda, Quebec, and the Castle Silver Mine Property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com.
Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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