Global Hunter (GBLHF.PK)
Copper’s superior heat transfer capabilities and ability to withstand extreme environments makes it an ideal choice for heat exchange equipment, pressure vessels, and vats. In situations where explosions are feared, copper-alloyed safety tools, such as hammers, axes, pliers, and screwdrivers are typically specified. These tools are non sparking, high strength, non magnetic, and corrosion resistant.
Global Hunter’s focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.
Global Hunter Corp. (GBLHF.PK) is pleased to announce initial assay results from its previously announced surface sampling program. The results are encouraging with new gold showings as well as very positive copper oxide assays over wide-spread areas.
Highlights of the entire program
9 mineralized shear and/or alteration zones sampled total of 13.5 kilometers of strike length along know copper bearing shear and alteration zones tested with 205 rock chip samples
Good grades of soluble copper (oxide) over a significantly large area have been identified, however they represent only about 50% of the total copper grade indicating a mixed oxide-sulphide zone. Numerous iron oxide structures have also been mapped but no iron assays have been received to date.
The Company is planning to re-assay samples for iron to determine if iron is present in significant quantities to represent another target.
For more information http://www.globalhunter.ca/homeabout.html
PDL BioPharma, Inc. (Nasdaq:PDLI) announced that the Company will release its third quarter financial results for the period ended September 30, 2011, on Wednesday, November 9, 2011, after the markets close. PDL’s management will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the financial results.
PDL BioPharma, Inc. engages in the management of antibody humanization patents and royalty assets, which consist of Queen et al. patents and license agreements with various biotechnology and pharmaceutical companies.
Ohio Valley Banc Corp (Nasdaq:OVBC) reported consolidated net income for the quarter ended September 30, 2011, of $886,000, an increase of $465,000 from the $421,000 earned for the third quarter of 2010. Earnings per share for the third quarter of 2011 were $.22 compared to $.10 for the prior year third quarter. For the nine months ended September 30, 2011, net income totaled $4,474,000, a 17.8 percent increase from net income of $3,798,000 for the nine months ended September 30, 2010. Earnings per share were $1.12 for the first nine months of 2011 versus $.95 for the first nine months of 2010, an increase of 17.9 percent. Return on average assets and return on average equity was .68 percent and 8.60 percent, respectively, for the nine months ended September 30, 2011, compared to .60 percent and 7.52 percent, respectively, for the same period in the prior year.
Ohio Valley Banc Corp. operates as the holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services in central and southeastern Ohio and western West Virginia.
Union Drilling, Inc. (Nasdaq:UDRL) announced financial and operating results for the three and nine month periods ended September 30, 2011. Revenues for the third quarter of 2011 were $66.7 million compared to $52.0 million in the third quarter of 2010. The Company reported net income of $0.6 million for the quarter, or $0.03 per share, compared to a net loss of $4.4 million, or $0.19 per share, during the prior year period. Union Drilling’s 2011 third quarter results included a non-cash $0.8 million, or $0.02 per share, impairment charge related to six of the thirty-one rigs scheduled to be divested.
Union Drilling, Inc. provides contract land drilling services and equipment primarily to independent oil and natural gas producers in the United States.
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