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(HIRU, LINE, TEN, ORFG, WDC) PennyOmega.com Stock Report from Wall Street

Posted, by pennylynnomega on December 9th, 2010

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orfg_logo203x87 ORFG, Orofino Gold Corp., ORFG.PK

A total of 165,000 tonnes of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8,500 m³, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.

ORFG has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.

Gold’s Usefulness as safe haven:

The geo-political and world economic structure is currently undergoing major change-some have even called the situation an “upheaval.” This means that the investment outlook, particularly for certain parts of the world, is more unpredictable than usual. Under these circumstances, it is logical to conclude that certain investment portfolios should include real (non-paper) assets such as commodities for protection against a potential decline in the paper markets.

Orofino Gold Corp. is a China based gold producer with one producing gold mine in Colombia and an option on a strong portfolio of small producers and development/exploration assets in Colombia.

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Western Digital Corp. (NYSE:WDC) recently reported the addition of several entertainment and social sites to the popular WD TV® media player family. WD TV Live™ (photo) and WD TV Live Plus media player (photo) customers will now be able to connect with their friends and family through Facebook® – including uploading photos and videos, sharing their status, viewing their wall and getting the latest updates from their News Feed – among other entertainment choices, all from their HDTV. Meanwhile, WD TV Live Plus media player customers in the U.S. can now instantly rent or purchase the newest movie releases the same day they become available on DVD and Blu-ray Disc™ through the Blockbuster® On Demand service.

WDC, one of the storage industry’s pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information.

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Tenneco Inc. (NYSE:TEN) recently reported that the company is supplying emission and ride control technologies for Nissan’s new global compact car, the Micra and March models. Tenneco is supplying the platform from new manufacturing plants in Chennai, India; Guangzhou, China; Chonburi, Thailand; and an expanded plant in Hosur, India.

Tenneco is a $4.6 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 21,000 employees worldwide.

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LINN Energy, LLC (Nasdaq: LINE) reported the pricing of its public offering of 10,000,000 units of its limited liability company interests at a price to the public of $35.92 per unit. The underwriters have an option to purchase up to an additional 1,500,000 units from the Company at the public offering price less the underwriting discount.

The offering is expected to settle and close on December 14, 2010, subject to customary closing conditions.

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Hiru Corporation HIRU, Hiru Corporation, HIRU.PK

HIRU’s subsidiary Shuangshi AHP Co.’s new production line and workshop are in their final stages. The new equipment is being put in place.

Hiru Corporation announced on June 17, during the second annual Shuangshi AHP Co. board meeting, that the management decided to invest and expand on Shuangshi AHP’s vaccination production. Since then, Shuangshi AHP invested $3 million RMB into the development of the two new production lines: a line for large volume injections and a line for injection powder.

The next step of this project will be to install the air purification system necessary for these production lines. The air purification system is required for a successful operation of these volume and powder injection production lines.

HIRU’s subsidiary Shuangshi Animal Health Products (AHP) Co. focuses on delivering veterinary and animal nutrition solutions for the Chinese agricultural market. The company recently dispatched representatives to evaluate the agricultural developments and increase company sales in the regions of Ganzhou, Yichun and Jian.

Shuangshi’s assistant general manager and sales manager met with several potential customers in the aforementioned regions to discuss the potential of Shuangshi products on the local markets, as the company works on gaining more exposure with Chinese farmers for their vaccination needs.

The representatives also negotiated with two new agricultural clients, each client reporting annual sales of approximately $30 million USD.

More about HIRU at www.hirucorporation.com

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Authored by, pennylynnomega
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