Silver Stream Mining Corp. (OTCQB: AGSM) saw its share volume soar on May 6th, with 329,227 shares exchanging hands, three times higher than its three month daily average of 109,743 shares.
This uptick in volume comes after the company announced a couple weeks ago it appointed Dr. Peter N. Calder to the company’s Board of Directors. Dr. Calder is a Professional Engineer and President of Peter N. Calder and Associates Limited where he consults with mining companies worldwide.
Peter Calder will replace Robert Morrison who has served on the Company's Board since its inception. Terrence Byberg, President and CEO, comments: "Robert, you have been an anchor throughout this year of growth and change. I have found you not only a pleasure to work with, but also a clear thinker offering good counsel when needed most. Peter, I look forward to drawing upon your significant mining expertise as Silver Stream expands its team and prepares itself to advance new projects."
AGSM closed at $.91 on May 6th, up $.04 (4.6%) from its previous close of $.87.
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Solar Wind Energy Tower Inc. and National Standard Finance, LLC Conditionally Agree to Joint Venture
Solar Wind Energy Tower Inc.’s (OTCQB: SWET) share volume skyrocketed on May 6th, with 24,112,760 shares exchanging hands, nearly six times higher than its three month daily average of 4,250,359 shares.
This surge in volume comes after the company announced that after many months of working together to develop a world-class solar project in San Luis, Arizona that National Standard Finance, LLC, has conditionally agreed to joint venture with Solar Wind Energy Tower, Inc. to be the lead investor and co-owner in the recently announced Solar Wind Energy Tower project in San Luis, Arizona.
National Standard is a leading independent, globally-integrated infrastructure based long term investor, owner and structured asset leasing firm. The firm develops, finances, acquires and own essential social and economic infrastructure assets and real estate. National Standard and its investments are capitalized by leading world-class institutional investors and financial institutions seeking long term asset based investments.
Ronald Pickett, CEO, Solar Wind Energy Tower Inc. stated, "The entire team at National Standard has been extremely helpful throughout this process and provided innovative guidance to developing this project most effectively. We certainly value their advice and look forward to completing and satisfying the requirements to complete this renewable energy investment. We share their enthusiasm and salute their development efforts with us. The entire corporate Solar Wind Energy team along with our 'Teaming Partners' is working together to bring this solution to market".
SWET closed at $.041 on May 6th, up $.014 (51.85%) from its previous close of $.027.
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Medinah Minerals Inc.’s Share Volume Remains Strong
Medinah Minerals, Inc.’s (OTCPINK: MDMN) share volume continued its upward trend on May 6th, with 7,232,513 shares exchanging hands, significantly higher than its three month daily average of 2,929,191 shares.
With no new significant news released by the company, let’s look at what we do know about the company:
Medinah Minerals Inc., a junior mining exploration company, engages in the exploration and development of mineral properties primarily in South America. It primarily explores for gold, silver, copper, and molybdenum. The company, through its 50% interest in Medinah Mining, holds interest in the Alto de Lipangue and Las dos Marias claims, covering an area of approximately 10,000 hectares, located to the north of Santiago, Chile. It also has a 5% interest in the Madre de Dios project, located in south central Chile; and a 15% interest in the POLO claims, located in the low Andes, south of Santiago, Chile.
MDMN closed the day May 6th at $.07.
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Minerco Resources Inc. Loses Juice, But Remains Strong
Minerco Resources Inc.’s (OTCQB: MINE) share volume remained strong with 75,230,632 shares exchanging hands on May 6th, slightly lower than its three month daily average of 123,620,819 shares.
With no recent news, let’s look at what the company does:
Minerco Resources Inc. is the parent company of Level 5 Beverage Company, a specialty beverage company which develops, produces, markets and distributes a diversified portfolio of all-natural and highly functional brands. The Level 5 brand umbrella includes: LEVEL 5(TM), COFFEE BOOST(TM) and VitaminFIZZ(R).
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