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(AMMD, ORFG, HMNC, MLNX, BOBE) Notable Stocks by PennyToBuck.com

Posted, by PennyToBuck on June 8th, 2011

American Medical Systems Holdings, Inc. (NASDAQ:AMMD) announced that it had signed a memorandum of understanding to settle the previously disclosed, putative class action lawsuits captioned Walker v. Bihl, et al., and Prime Investors Fund v. Bihl, et al., respectively, filed in the Hennepin County District Court on April 29, 2011 and May 5, 2011, respectively (collectively, the "Merger Litigation"). The Merger Litigation relates to the Agreement and Plan of Merger, dated as of April 10, 2011, by and among Endo Pharmaceuticals Holdings Inc. ("Endo"), NIKA Merger Sub, Inc., a wholly owned indirect subsidiary of Endo, and AMS.

American Medical Systems Holdings, Inc. engages in developing, manufacturing, selling, and marketing medical devices to physicians treating men and women pelvic health conditions worldwide.

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Orofino Gold Corp. (ORFG)

President Ary Pernett and Vice President of Development Alfonso Calderon of Orofino Gold Corp. (ORFG) hosted investors interested in a firsthand look at the company's Senderos de Oro projects. These visits come as investors consider the financial commitments necessary to fund exploration and provide modern mining techniques and equipment to the area.

The group spent four days in Colombia during which they had an opportunity to tour Orofino's active mine sites at La Azul, Culo Alzado, and Buena Sena. The visit offered investors an opportunity to observe current artisanal gold production, and an in-person view of Colombia's revitalized foreign investment opportunities and stability. Following this site visit, Orofino's directors and investors are expected to prepare for the company's future funding and development needs as it continues to expand exploration at Senderos de Oro.

Orofino Gold Corp. corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.

Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise.

Gold is used in many places in the standard desktop or laptop computer. The rapid and accurate transmission of digital information through the computer and from one component to another requires an efficient and reliable conductor. Gold meets these requirements better than any other metal. The importance of high quality and reliable performance justifies the high cost.

Edge connectors used to mount microprocessor and memory chips onto the motherboard and the plug-and-socket connectors used to attach cables all contain gold. The gold in these components is generally electroplated onto other metals and alloyed with small amounts of nickel or cobalt to increase durability.
For more information about Orofino Gold Corp., please visit their website: http://www.orofinogold.com

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HONDO MINERALS CORP (HMNC)

Hondo Minerals Corporation is engaged in the acquisition of mines, mining claims and mining real estate in the United States, Canada and Mexico with mineral reserves of precious metals or non-ferrous metals.

Hondo owns the Tennessee and Schuylkill Mines in Chloride, Arizona. The Tennessee Mine was the largest producing silver mine in Arizona history. The Tennessee Mine operated from the late 1800's until 1947 producing lead, zinc, gold and silver. The Company also owns numerous other mining claims in the US Southwest, which are being evaluated for additional reserves.

The use of silver in the electrical and electronics industry is widespread. Silver conductive inks are used in the area of printed electronics, while silver is also used as coating material for optical data storage media, including DVDs. Silver is considered one of the best electrical and thermal conduits, which makes it the metal of choice for a variety of electrical end-uses, including switches and contacts.

Much of the growth in the global total of industrial silver consumption will be driven by stronger demand for a number of established uses including the manufacture of electrical contacts, and the use of silver in the photo voltaic (PV) industry.

HONDO MINERALS CORP (HMNC) is pleased to announce that it has just acquired over $500,000 dollars of additional E-Leech equipment for its Tennessee Mine production facility.

William R. Miertschin Chairman and CEO of Hondo Minerals says, "This purchase a long with the $2.4 million dollars of previously announced equipment demonstrates our continued efforts to invest real dollars in this project to increase shareholder value."

Mr. Miertschin went on to say, "All of this newly acquired equipment will allow the company the ability to reach its production and revenue targets 6 to12 months ahead of schedule, and with the advanced technology of E-Leech Hondo Minerals is posed to set new standards while obtaining optimum results from its exclusively licensed mining process."

E-Leech technology is a patent pending process that creates a leaching process without the use of hazardous chemicals such as cyanide at its Tennessee Mine processing plant.

Toxic chemicals previously used such as Hydrochloric and Nitric Acid are replaced with a water-based and pH adjusted medium to leach precious and base metals from mine tailings that is safe to humans and the environment.

Electrochemical processes are used to generate pH levels low enough to leach metals such as Gold, Silver, Zinc and Rare Earths into a solution for recovery at an extremely low cost per ton.

For more information please visit: http://www.hondominerals.com

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Mellanox Technologies, Ltd. (Nasdaq:MLNX) announced the availability of its performance-leading ConnectX-3 Virtual Protocol Interconnect® (VPI) adapter ICs and cards, providing next-generation FDR 56Gb/s InfiniBand and 10/40GbE connectivity combined with the next-generation PCI Express 3.0 host bus for unprecedented scalability and fabric flexibility.

Mellanox Technologies, Ltd., a fabless semiconductor company, engages in the design, development, marketing, and sale of interconnect products based on semiconductor integrated circuits (ICs) in North America, Israel, Europe, and Asia.

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Bob Evans Farms, Inc. (NASDAQ:BOBE) announced its financial results for the fiscal 2011 fourth quarter and full year ended Friday, April 29, 2011. Chairman and Chief Executive Officer Steve Davis said the Company met its fiscal 2011 adjusted operating income guidance, despite challenging conditions in both the restaurant and food products segments throughout the year.

Bob Evans Farms, Inc., a full-service restaurant company, owns and operates Bob Evans Restaurants and Mimi Cafes in the United States.

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Authored by, PennyToBuck
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