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(POL, DLKM, AUO, AVOT, TC) Stock Update From PennyOmega.com

Posted, by pennylynnomega on December 28th, 2010

Douglas Lake Minerals Inc., (DLKM.OB) is pleased to provide an update regarding its recently acquired Handeni Project which is located in the rapidly developing region of eastern Tanzania. Douglas Lakes’ 100% owned Handeni Project consists of four prospecting licenses covering approximately 800 km(2) which are directly adjacent to, and partly surround, Canaco Resources Inc’s (V.CAN) 200 km(2) Kilindi license which holds the Magambazi gold mineralization occurrence.

The Company is pleased to provide the results of the recent exploration program conducted on PLR PLR4973/2008, subsequently subdivided into four PL’s (PL6742/2010, PL6743/2010, PL6744/2010 and PL6779/2010), based on the outcomes of the first phase of the continuous exploration program conducted since 2008. This exploration phase included a fixed-wing aircraft flown aeromagnetic and radiometric survey at a line spacing of 200m and a height of 80m, subsequent interpretation of data and ground follow-up. The survey and interpretation was conducted according to internationally accepted standards by the Council for Geoscience, South Africa.

The position of regional gold mining activities, as well as known gold mineralization occurrences, were utilized to test the Company’s developed model for locating gold mineralization and this approach proved to be successful. Following from this the Company considers the Kilima Mzinga - Kwandege shear zone, with a distance of 28km in PL6742, PL6779 and PL6744 as one of their primary targets, substantiated by the artisanal mining activities along the northwestern and southwestern outcrop area of the shear. In addition to the shear component along the Kilima Mzinga - Kwandege shear zone, a considerable SW to NE thrust component acted along a 25km long stretch of the shear within the Company’s property adding to the gold mineralization potential of this zone based on the current model.

Tanzania is one of the most stable multi-party democracies in Africa. Elections are held every after 5 years to choose the President and Members of Parliament for the Union Government; and the President and Members of the House of Representatives for the Zanzibar Revolutionary Government.

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American Video Teleconferencing Corp. (PINK: AVOT) is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada.

The property has been dormant since the 1960's when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

This property is only one of several advanced stage properties the company has under consideration in the province of Quebec.

The 17 elements that are classified as "rare earth" are becoming an increasingly important part of our daily lives. Rare earth metals are the life blood of modern computers, batteries and alternative energies. For example, there are nearly ten pounds of the rare earth element, lanthanum, in every Toyota Prius engine. In addition, rare earth elements are vital to military technology. Contrary to the name, rare earth metals aren't particularly rare and can be found in most any continent. In recent weeks the US government has made important steps to increase production of these metals, as they will play an important part in President Obama's overhaul of U.S. energy.

Presently American Video is in the final stage of negotiations with Kondor Gold Pyt. in Australia.

American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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Thompson Creek Metals Company Inc. (NYSE:TC) announced that it received a copy of a Notice of Application filed in the Federal Court of Canada by the Nak’azdli First Nation (”Nak’azdli”) seeking a judicial review of the decision of the Canadian Minister of Industry approving the Company’s acquisition of Terrane Metals Corp. (”Terrane”). The acquisition was completed on October 20, 2010.

Thompson Creek Metals Company Inc. is a growing, diversified North American mining company. The Company produces molybdenum at its 100%-owned Thompson Creek mine in Idaho and Langeloth Metallurgical Facility in Pennsylvania and its 75%-owned Endako mine in northern British Columbia.

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AU Optronics Corp. (NYSE:AUO) announced that Dr. Fang-Chen Luo, AUO’s CIPO (Chief Intellectual Property Officer), was honored by the 2011 IEEE(*) Jun-ichi Nishizawa Medal for his long-term contribution to the development of TFT-LCD. The IEEE Honors Ceremony will take place in August 2011, in San Francisco, Calif., USA to formally acknowledge the contributions and accomplishments of the recipients.

AU Optronics Corp. is a global leader of thin film transistor liquid crystal display panels (TFT-LCD). AUO is able to provide customers with a full range of panel sizes and comprehensive applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches.

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PolyOne Corporation (NYSE:POL) a premier global provider of specialized polymer materials, services and solutions, announced the appointment of Daniel J. O’Bryon to corporate officer, serving as vice president and treasurer. Among other responsibilities, O’Bryon will supervise all aspects of the company’s credit structure, cash management and insurance, as well as support potential future capital markets transactions. Since 2006, O’Bryon has served as finance director of PolyOne Distribution.

PolyOne Corporation, with 2009 annual revenues of $2.1 billion, is a premier provider of specialized polymer materials, services and solutions. Headquartered outside of Cleveland, Ohio USA, PolyOne has operations around the world.

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Authored by, pennylynnomega
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