
MDC Holdings Inc. (NYSE:MDC) reported a net loss for the 2011 second quarter of $28.0 million, or $0.60 per share, compared with a net loss for the 2010 second quarter of $3.7 million, or $0.08 per share. Revenue for the 2011 second quarter decreased 34% to $215.7 million, compared with $326.3 million a year ago. Prior year results benefited from increased demand related to the federal homebuyer tax credit, which expired during the 2010 second quarter.
M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States.
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Majestic Gold Corp. (MJS.V)
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.
Nanotechnology is one of the major achievements in the scientific field and even this makes uses of gold, which is more reliable than other elements. Apart from this, future technologies like those which are aimed at water purification, mercury control and control of diesel emission have the prospect of using gold in their projects, due to its unique chemical and metallurgical properties.
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