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Midland Company (NYSE: ADM) and Motorola Inc. (NYSE: MOT).
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VIPR Industries Inc. (PINKSHEETS: VIPR) has just issue positive
news and investors looking to possibly benefit from the energy
sector should continue monitoring the stock closely! Yesterday, the
company, a precious metals exploration and development company,
issued a press release announcing the appointment of geologist and
geophysicist Mr. Jonas Mwano as Chief Senior Geological
Consultant.
This is good news for the company! Mr. Mwano will apply his
extensive mineral exploration expertise and in-depth regional
knowledge to lead the exploration and development of VIPR's gold
and uranium properties in Tanzania. According to the press release,
Mr. Mwano brings to VIPR Industries deep knowledge of Tanzania's
geology and mineral resource potential. A Geologist and
Geophysicist with the Ministry of Energy and Minerals' Geological
Survey of Tanzania, he has extensive experience in regional
geological mapping and exploration particularly in Greenstone
belts, as well as airborne geophysical data acquisition and ground
geophysical exploration utilizing magnetometer, electromagnetic
(TEM), gravity and Induced Polarization (IP) surveying. Mr. Mwano
also contributed his expertise to the NDF Project conducted by the
Geological Survey of Tanzania and Geological Survey of Finland
(GTK) to identify priority areas with high mineral potential.
Mike Gerstner, President and CEO of VIPR Industries Inc.,
commented: "We are pleased that Jonas Mwano has chosen to
contribute his considerable geological acumen and experience
exploring Tanzania's mineral resources for the benefit of VIPR
Industries. We believe his expertise will prove to be invaluable as
we explore our Singida Gold Property and Itigi Manyoni Uranium
Property and evaluate additional acquisitions in the area."
The press release states that as announced last week, VIPR has
completed the acquisition of its Singida Gold Property located
directly adjacent to and along strike from Shanta Gold Limited's
Singida Project where exploration drilling has identified an
indicated resource of 543,000 ounces of gold valued at an estimated
$500 million. VIPR has also closed the acquisition of the Itigi
Manyoni Uranium Property where airborne radiometric surveys have
identified uranium anomalies indicating strong potential for
significant uranium mineralization.
The Geological Survey of Tanzania reports that Tanzania has
significant potential for new discoveries as many commodities still
are highly under-explored. Tanzania features excellent geological
databases, good infrastructure, readily available exploration
services and an attractive mineral policy. (Geological Survey of
Tanzania, "Mineral Exploration in Tanzania," 2008).
Investors are urged to continue to monitor the progress of the
company!
The stock closed Monday at Sixty One cents a share.
For Wall Street News Alert's in-depth profile of VIPR Industries
Inc., visit
http://www.WallStreetNewsAlert.com/HotStocks/VIPR080408/default.aspx.
Whole Foods Market (NASDAQ: WFMI) up 0.1% on 3.9 million shares
traded.
Whole Foods Market (http://www.wholefoodsmarket.com) is the
world's leading natural and organic foods supermarket and America's
first national certified organic grocer.
Archer Daniels Midland Company (NYSE: ADM) down 2.7% on 7.2
million shares traded.
Archer Daniels Midland Company (ADM) is the world leader in
BioEnergy and has a premier position in the agricultural processing
value chain. ADM is one of the world's largest processors of
soybeans, corn, wheat and cocoa.
Motorola Inc. (NYSE: MOT) up 11.4% on 84.2 million shares
traded.
Motorola is known around the world for innovation in
communications. The company develops technologies, products and
services that make mobile experiences possible.
Market Commentary:
"The Commerce Department reported Monday that consumer spending
dipped by 0.2 percent in June, after removing the effects of higher
prices. The Commerce Department also reported that orders to U.S.
factories shot up at the fastest pace in six months in June,
reflecting big increases in petroleum prices and heavy demand for
military equipment," stated Sonja Rudd in Wall Street News Alert's
daily commentary continued at:
http://www.WallStreetNewsAlert.com.
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