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FWLT, MJS.V, MLNX, BOB.V, ALTR - Stock News & Alerts from PennyToBuck.com

Posted, by PennyToBuck on January 12th, 2011

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Foster Wheeler AG (Nasdaq:FWLT) announced that a subsidiary of its Global Power Group signed a contract with Shanghai Boiler Works, Ltd. for cooperation in the design of two pulverized coal (PC) steam generators for the Vinh Tan II Project for Vietnam Electricity (EVN).

Shanghai Electric Group Company Limited, the parent company of Shanghai Boiler Works, Ltd., is the engineering, procurement and construction (EPC) contractor for the project which will be located in the Binh Thuan Province of South Vietnam.

Foster Wheeler AG, together with its subsidiaries, provides construction and engineering services to the oil and gas, oil refining, chemical/petrochemical, pharmaceutical, environmental, power generation, and power plant operation and maintenance industries worldwide.

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Global Hunter Corp. (TSX.V:BOB) (“Global Hunter”) is pleased to announce that it recently completed a surface sampling program at La Corona de Cobre. The program was designed to collect surface samples from the numerous prospective shear zones. This will aid in the definition of drill targets to expand on the copper oxide mineralization. The company has collected approximately 250 samples from the shear zones listed below.

The shear zones and areas of alteration that have been sampled (from East to West ) include the following zones:

- El Manto

- La Golondrina

- Cerro Borracho

- El Tazon

- La Copa

- La Varrilla

- Et Tazon

- Vino Fino

- Abisinia

- Las Posadas

The samples will be collected from outcrops along the entire strike lengths of the shears and have been shipped to ALS Chemex Labs in La Serena Chile for analysis.

Results will be released as soon as practical after they have been received. These shear zones can be traced on surface for hundreds of metres, with the longest being Vino Fino, which has been mapped for over 6,000 metres. Local miners are currently extracting ore from several shear zones on the property and transporting it to Enami for processing.

The surface sample results in conjunction with previous geophysical work completed on the property Global Hunter intends to prepare a multi-hole drill program on the shear zones scheduled to begin early 2011 as part of its ongoing evaluation of its Corona de Cobre project.

In addition to sampling and drilling of the prospective shear zones at La Corona de Cobre mentioned above, The Company will continue its work on the Las Posadas resource over the coming months and will provide a summary of its progress as information becomes available.

Global Hunter Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. Global Hunter primarily explores for gold, copper, and base and precious metals. Global Hunter was founded in 1988 and is headquartered in Vancouver, Canada.

http://www.globalhunter.ca

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Altera Corp. (Nasdaq:ALTR) announced it successfully passed the first Ethernet Alliance® Higher Speed Ethernet (HSE) subcommittee interoperability event tests targeting products designed to support 100-Gigabit Ethernet (100GbE) systems.

Passing the interoperability tests validates the performance of Altera's industry-leading transceiver technology featured in its Stratix® IV GT FPGAs and demonstrates to equipment manufacturers a low-risk solution that can be used in the deployment of 40GbE/100GbE systems.

Altera Corporation designs, manufactures, and markets programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, pre-defined design building blocks, and associated development tools.

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Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China. The Song Jiaguo Property is located on the Jiaodong Peninsula in Muping County, the Shandong Province, the People’s Republic of China.

The property lies on the western edge of the Muping-Fushan Gold Belt, which hosts 20% of the known gold deposits on the Jiaodong Peninsula. Gold production from the entire peninsula accounts for over 25% of China’s annual gold production, presently estimated to be 288 tonnes or 9.3 M ounces.

Gold deposits in the belt are commonly controlled spatially by fault zones. To the south of the property, the Pengjiakuang Gold Deposit (>650,000 oz) occurs in the same structural environment within Cretaceous Laiyiang conglomerates which underlie the Song Jiaguo Property. China has a long history of gold production. As early as 1091 BC, gold was legalized as money (as an alternative to silk), circulating in little squares. Hebei province, one of the main mining areas, claims production for over three thousand years. The Zhao Yuan mine in Shandong province has been worked for over a thousand years. Other Shandong mines date from the 17th century.

Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

For More Information, Go To: http://www.majesticgold.net

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Mellanox Technologies, Ltd. (Nasdaq:MLNX) announced that it will release financial results for its fourth quarter and fiscal year 2010 after the close of market on Wednesday, January 26, 2011. Following the release, Mellanox will conduct a conference call at 2 p.m. Pacific Time (5 p.m. Eastern). To listen to the call, dial 877-831-3840 approximately ten minutes prior to the start time.

Mellanox will also conduct a conference call on Thursday, January 27, 2011 at 9 a.m. Israel Time to discuss the company’s fourth quarter and fiscal year 2010 financial results in Hebrew. To listen to the call, dial +972-3-9180609 approximately 10 minutes prior to the start of the call. The Mellanox financial results conference calls will be available via a live webcast on the investor relations section of the Mellanox website at http://ir.mellanox.com.

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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Crown Equity Holdings Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from Global Hunter Corp. (TSX Venture Exchange (TSX.BOB) and the Frankfurt Stock Exchange (FSE:G5D)) for 30 (thirty) days of advertising, as well as for assistance in becoming a fully reporting publicly trading Bulletin Board company.

Crown Equity Holdings Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from Majestic Gold Corp. (TSX Venture Exchange (TSX.V:MJS) and the Frankfurt Stock Exchange (FSE:MJT)) for 30 (thirty) days of advertising, as well as for assistance in becoming a fully reporting publicly trading Bulletin Board company.

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