IDCN was trading last week @ 0.0009 and closed this past Friday @ 0.0017. IDCN trades on average 100,647,100 shares and this past week traffic hit 587,964,000.

The internet is going crazy over IDCN. Websites like Pennystockchaser, Pennyroach.com and groups like Stock Charter are all buying the heck out of IDCN. We figure where there is smoke there’s fire and if our members can make a quick buck we will piggyback the IDCN rally.

The company put out two PR’s last week. Volume and steady news flow can move this sub penny pick to 0.01. If our members get in now we are looking at gains of 488%.

Members should read the latest PR’s from the company. IDCN updated shareholders on its Hockley Stick Property and its Oil & Gas Play. Drilling is scheduled to commence in April and future updates will push IDCN on the charts.

Indocan Resources Commits to Oil & Gas Play

MISSOULA, Mont., March 5 /PRNewswire-FirstCall/ — The Board of Directors of Indocan Resources, Inc. (OTC: IDCN) announces that our Oil Patch efforts are moving forward nicely. We have committed to 50% of an Oil & Natural Gas project in Pennsylvania whereby our Indocan Resources Oil & Gas LP will invest with funds from our investors, the Limited Partners, up to $593,000 in a twenty well plan that yields 60% NRI to us. These wells will co-produce oil and gas. Surrounding area wells are producing with a zero water cut and we expect the same. Drilling should commence in April with cash flow to begin in July if all is on schedule.

More information can be learned by visiting our website: www.indocan.com

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-prSF65885-U:IDCN-20100305&symbol=IDCN&news_region=U

Indocan Announces an update in the affairs of the Company

MISSOULA, Mont., March 4 /PRNewswire-FirstCall/ — The Board of Directors of Indocan Resources, Inc. (OTC: IDCN) wishes to update the Company shareholders with the following information. The recently announced Hockey Stick property in NW Ontario is moving forward with draft options and operating agreements on the table from lawyers and final agreements expected to be executed in the near future. Our geologist is preparing a sampling program and other plans to be submitted to our joint venture for examination and ultimately approval. At least two other properties with similar prospects to Hockey Stick are being considered by management and have a reasonable proximity to each other and have similar prospects as Hockey Stick.

More information can be learned by visiting our website: www.indocan.com

A movement northbound looks very promising for IDCN. The chart has accumulated enough momentum to push the stock higher. The news has helped IDCN reach its current level from 0.0009 to 0.0017 and further updates can move IDCN to 0.01. Members catching on now are looking at gains of 488%.

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-prSF64935-U:IDCN-20100304&symbol=IDCN&news_region=U

Please do your own due diligence on IDCN.

Treasure hunters have been around for thousands of years and continue to hunt for the hidden fortunes today!

Billions in treasure lie beneath the oceans, from diamonds to pearls to gold, the treasure is out there it just has to be found.

Treasure hunting may be one of the more speculative investments one can think of; but when you hit the jack pot the pay off is huge. 

An article written for the International Herald Tribute, refers to Maritime Analysts Group, a treasure hunting company based in Massachusetts, which believes there is somewhere between $500 million and $1.6 billion in gold and other valuables located about 50 miles south of Nantucket island in 240 feet of water, in the wreck of the RMS Republic.

Mr. Bayerle, a treasure hunter with Maritime Analysts Group, believes that the RMS Republic was carrying about $3 million of gold coins when it sunk.

Numbers like these are a sure way to get many investors excited.  If diving to the depths of the ocean is not your thing you can take your investment to the stock market.  Companies such as Seafarer Exploration Corp. and Marine Exploration, Inc. may give you the thrill and return on investment you are looking for. 

Seafarer Exploration Corp. (OTC: SFRX) is mainly focused on the exploration and recovery of a shipwreck located of the Juno Beach in Florida.  Under Company Information on the TSX it states that the Company does not presently have sufficient data to identify the shipwreck or its country of origin and therefore it is not possible to say whether or not the ship was actually carrying cargo of any value.  Shares of SFRX are presently trading at 0.008, reaching the day’s high of 0.012 on lower than usual volume.

Maritime Exploration, Inc. (OTC: MEXP) may be one of the better companies worth considering.  MEXP hit its 52 week-low on February 2, 2010 at 0.011.  Since then shares of MEXP have been on a steady incline, trading on above average volume reaching the day’s high of 0.024.  Earlier this year MEXP announced their plans to salvage two shipwreck sites, which they will undergo together with their Joint Venture Partner, Hispaniola Ventures, LLC.  MEXP also announced that it plans to continue its salvage at the North Coast treasure site off the Dominican Republic.  Some recently recovered sunken treasure from the North Coast site includes silver coins, jewels, gold jewelry with pearls, a solid gold ring with diamonds, two hand-held bronze cannons, numerous pistols and cannons, a bell from 1693 with the phrase ‘Soli Deo Gloria’, guild pewter plates, navigation compasses, plumb lines for measuring depth, a pistol, sword sheaths, ornaments, plates, silverware, sword handles, a device to measure the ship’s speed, and bronze candlesticks. 

Finding treasure like this is sure to get the excitement going in many of us but if you are anything like PicksThatMove.com we prefer to leave the diving to the experts and go after treasure in the form of penny stocks.

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

We are always keeping an eye on companies that offer potential, assessing possibilities and trying to bring you the best picks for your investment. 

With so much going on in the economy it is hard to ignore the assessments and predictions surrounding gold.  Whether it is a company like Yamana Gold (TSX: YGI)  with some development stage properties or one of the more senior traded companies, such as Barrick Gold (TSX: ABX) , with 26 gold mines worldwide, the investment potential of this commodity cannot be ignored.  Some others prominent on the stock market and actively trading include, Kinross (TSX: K), IAMGOLD (TSX: IMG), Goldcorp (TSX: G), Lake Shore Gold (TSX: LSG). 

Whatever the future may hold for gold or how profitable these companies may be we must take into account the value of this commodity.

Lets take China for example.  It is being reported that China now holds the world’s 5^th largest gold reserve with 1054 tonnes.  Considering there was a substantial amount of money printed into the U.S economy, in turn undervaluing the U.S. dollar, China could now be shifting their investment interests to gold.  It is being reported that the Chinese government is urging its citizens to go out and buy gold or silver bullions.  China’s state-owned television network ran a programme that informed people of how easy it is for them to invest in this commodity.  China’s largest bank, ICBC, offers a personal gold trading account to facilitate gold trading.  Unlike in the past, where investing in gold and silver was under strict control, the government has now loosened its grip and is urging its people to hold these investments.  The bars are available in measurements of 500g, 1 kg, 2kg, and 5 kg, with 99.99% purity.  China is shifting slowly from being the lowest per capita gold consumers in the world to being a significant investor in these precious metals.  There are reports indicating that China will exceed India, who for years held the world’s biggest gold market, in gold consumption.  Having a population of 1.3 billion, which is greater then 20% of the world’s total and with this new shift from the dollar to gold, this could easily become the case in the near future. 

What are the reasons behind this shift? Does China know something we don’t?  What does the future hold for gold?  If a nation like China shifts their reserve from the dollar to gold this will undoubtedly have an effect on the global price of gold and could prove detrimental to the dollar.   Gold is tangible, you can touch it, you can feel it, and there is only so much of it to go around, as for paper, well if we fall short we can print it and have more, making its real value more difficult to measure.   If all that is being said is true, one way or another, it has to be a strong indication of gold prices to come. 

So whether you think gold is the new green or all this hype will fade, it is important to stay informed through it all.  Every investor is different and we all have different needs, so whether you invest for a reason, or a season or a lifetime, let www.picksthatmove.com help you stay informed.

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

Harvest Natural Resources, Inc. (NYSE:HNR) jumped 17.08% to close at $5.14 on news the energy company entered into definitive agreements with institutional investors to raise gross proceeds of up to $32 million, through a registered direct offering of 8.25% senior convertible notes due 2013.  The closing of the offering is expected to take place on February 17, 2010. Harvest intends to use the estimated net income of $30 million from the offering to fund capital expenditures, working capital needs and for general corporate purposes. Headquartered in Houston, Texas, Harvest Natural Resources, Inc., is an independent oil and natural gas producer.  Through its subsidiary, Harvest Vinccler, S.C.A., the company has interests in the Bolivarian Republic of Venezuela; and through its 40 percent interests in Petrodelta, S. A., operates a portfolio of properties in eastern Venezuela, including proven oil fields, as well as properties with opportunities for development and exploration.

NGAS Resources, Inc. (NASDAQ:NGAS) gained 15.22% to close at $1.59 on no news.  Based in Lexington, Kentucky, NGAS Resources, Inc., together with its subsidiaries, engages in the exploration and production of natural gas principally in the southern portion of the Appalachian Basin in the eastern US. The company also has interests in a non-operated coal bed methane project in the Arkoma Basin and non-operated projects in West Virginia and Virginia.  NGAS Resources, Inc. own rights to gold and silver properties covering 381 acres in Alaska; and owns and operates distribution systems for retail sales of natural gas in south-central Kentucky.

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PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. 

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Augusta Resource Corp. (USA) (AMEX:AZC) jumped 18.06% up to $2.55 on news the company has signed a mining deal with Silver Wheaton for a cash payment of US$230 million and additional payments of US$3.90 per ounce of silver and US$450 per ounce of gold delivered during the mine life. Headquartered in Vancouver, Canada, Augusta Resource Corp is a mineral resource mining and exploration company.  It holds a 100% interest in the Rosemont property, a copper-molybdenum-silver deposit in Pima County, Arizona that covers unpatented and patented mining claims of approximately 15,000 acres.

Mercer International Inc. (NASDAQ:MERC) gained 12.36% up to $3.91 on news the company reported results for the fourth quarter and year ended December 31, 2009 late yesterday. Operating EBITDA in the fourth quarter of 2009 increased by over 80% to $34.7 million from $18.6 million in the third quarter of 2009. In the fourth quarter of 2008, Mercer had an operating EBITDA loss of $9.9 million. The company noted progress in the last quarter of 2009 was due chiefly to pricing improvements and strong demand from Chinese markets. Headquartered in Vancouver, British Columbia, Mercer International is one of the largest northern bleached softwood kraft pulp producers in the world by production capacity.  The company’s markets are primarily in Europe, Asia and North America, through three subsidiaries consisting of large-scale, modern pulp mills: one in British Columbia and two in eastern Germany.

To be kept up to date on all of our hot stock information join us at Picks That Move.

About PicksThatMove.com:

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. 

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Western Coal Corp. (TSX: WTN), $3.43, +0.28, 8.89%, is making considerable gains today trading near the day’s high of 3.47 touching down on a low of 3.26.  Western Coal released its operating results for the three and nine month period ending December 31, 2009.  Some key points included consolidated revenues of $118.7 million were 10% higher than fiscal second quarter 2010, attributable to 175,000 tonnes of coal sold at previous coal year prices.  Western Coal also reports that they commenced operations on a permit for Maple Coal surface mine which increases reserves of marketable tons to over 10 million short tons, which is a 67% increase in the Maple surface reserves.  Western is a producer of high quality metallurgical and thermal coal from mines located in northeast British Columbia and West Virginia.

Arco Resources Corp. (TSXV: ARR), $0.06, +0.015, 33.33%, is trading in a tight spread between 0.045 and 0.07, coming close to reaching its 52 week-high of 0.075.  The company holds a 100% interest in six mineral claim blocks in Oaxaca, Mexico.  Arco reported on its underground sampling program from its 386 hectare Taviche property.  The results showed a 230 metre long shoot of the vein with silver-gold values averaging 173 g/t silver (Ag) and 1.5 g/t gold (Au).  Other samplings identified a similar 220 metre long shoot averaging 161 g/t Ag and 2.18 g/t Au.  The Tavish vein is a silver-gold-bearing quartz vein.

Rexahn Pharmaceuticals Inc. (AMEX: RNN), $0.76, +0.07, 10.14%, is a clinical stage pharmaceutical company focused on treatments of cancer, CNS disorders, sexual dysfunction and other medical needs.  The company has three drug candidates in Phase II clinical trials, Archexin™, Serdaxin™ and Zoraxel™.  RNN has been trading today between the 0.68 and 0.825 range on gains of over 10%.  Rexahn is presenting today at the 12th Annual BIO CEO & Investor Conference.  Rexhan’s Chairman and CEO, Dr. Chang H. Ahn, will speak about a business overview and provide updates on Rexahn’s recent clinical and financing milestones.

Cord Blood America Inc. (OTCBB: CBAI), $0.01, +0.001, 11.11%, is trading the day away in the range of 0.009 and 0.011, with the 52 week-high sitting at 0.02.  Cord Blood announced yesterday that it has finalized an agreement to process and store cord blood specimens for BioCells, Inc.  BioCells is the second largest stem cell storage company in Argentina with annual revenues of 1.5M (USD) and 12 locations throughout that country.  Cord Blood America facilitates umbilical cord blood stem cell preservation for expectant parents and their children.

Cell Therapeutics Inc. (NASDAQ: CTIC), $0.78, +0.14, 21.88%, focuses on the development, acquisition and commercialization of drugs for the treatment of cancer.  On February 11, 2010, the Cell Therapeutic’s team will host a conference call to review the Company’s 2009 fourth quarter and year-end achievements and financial results.  Cell Therapeutics is trading between 0.74 and 0.80, with its 52 week-high sitting at 2.23.

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

Jura Energy Corporation (TSX: JEC), $0.055, +0.010, 22.22%, is trading the day away between a tight gap of 0.045 and 0.06 on higher than usual volume based on news that Jura has agreed to sell its 66.67% equity interest in Pyramid Energy International Inc. for a USD $3.2 million, with the sale of the proceeds being applied towards finance drilling operations in Jura’s exploration blocks in Pakistan. Jura Energy is an international energy company dealing with exploration, development and production of petroleum and natural gas properties with their main interest in Pakistan.

Blue Gem Enterprise (OTCBB: BGEM), $0.275, +0.025, 10.00%, has been gaining slow momentum after hitting its 52 week-low mid January of 0.18.  BGEM is trading the day away in the range of 0.272 and 0.35.  Yesterday the company announced that it has started distributing its Title Sports Drink and other brands into 205 Walgreens Stores in Orlando.  Blue Gem Enterprise is a beverage distribution company based in South Florida servicing major chains, independent stores, hospitals, gyms, hotels and other retailers. The company’s goal is to become one of the leading distributors of non alcoholic based beverages and foods in the state of Florida.

Coalcorp Mining Inc. (TSX: CCJ), $0.205, +0.045, 28.13%, is a coal mining, exploration and development company focusing on the La Francia coal mine and other projects all located in Colombia.  After market close yesterday, Coalcorp announced that along with Xira Investment and Former Coalcorp Management and various other parties they have entered into a settlement agreement to settle all outstanding matters in dispute, with released, agreements and consents to be delivered by February 8, 2010. Today the stock has been trading between a range of 0.175 and 0.22, with gains of over 28%. 

Appleton Exploration Inc. (TSXV: AEX), $0.345, +0.005, 1.47%, is trading close to the day’s high and is one of the more actively traded companies on the TSX Venture today trading in a tight range between 0.32 and 0.355, with gains of 1.47% on no news and higher than usual volume.  Appleton Exploration is a precious metal exploration company, focused on exploring precious metal mineral properties of value.  The company is currently focusing on the advanced Manalo gold project in the prolific Birimian Gold Belt of western Africa and on the internally developed grass roots Dora gold project now advanced to the drilling stage in the Spences Bridge Gold Belt of southern British Columbia.

Hemispherx BioPharma Inc. (AMEX: HEB), $0.754, +0.114, 17.83%, is a biopharmaceutical company focused on clinical development, manufacture, marketing and distribution of new drug therapies for treatment of debilitating disorders.  HEB has been making significant gains today hitting the day’s high of 0.84 on news that it received a positive response from the Food and Drug Administration in relation to HEB’s Ampligen® (Poly I: Poly C12U), an experimental therapeutic being developed for potential treatment of Chronic Fatigue Syndrome.

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

E*Trade Financial (NASDAQ: ETFC), $1.59, +0.07, 4.61%, traded in the range of 1.55 to 1.63 today closing the day with gains of over 4%.  Last week E*Trade reported on their fourth quarter earnings ending December 31, 2010, noting a net loss of $67 million or $0.04 per share, which is quite positive compared to a net loss of $276 million or $0.50 per share at the same quarter last year.  For the year end the company reported a loss from continuing operations of $1.3 billion or $1.18 per share compared to same time last year of a loss of $809 million, or $1.58 per share.  E*Trade provides financial services including on line brokerage and related banking products and services to retail investors.

Imaging3 Inc. (NASDAQ: IMGG), $0.52, +0.085, 19.54%, will be featured on MoneyTV with Donald Baillargeon this week.  Imaging3’s CEO Dean Janes discussed the most recent news about the company’s pending FDA approval of their medical imaging technology.  Imaging3 is in the business of production and sale of medical equipment, parts and services to hospitals, surgery centres, research labs, physician offices and veterinarians.  IMGG traded the day between 0.43 and 0.565, closing on gains of over 19%. 

Vaaladiam Resources Ltd. (TSX: VAA), $0.055, +0.03, 120.00%, was the heaviest traded company on the TSX today surging in volume trading the day away in the range of 0.025 and 0.06.  Vaaladiam is a Canadian based diamond mining and exploration company with two producing mines in Brazil and Canada.  Vaaladiam answered claims about rumours of a possible takeover bid at USD$0.07/ share, stating that it had not received such an offer but the company did confirm that if and when such an offer was made it will take it into consideration.

Golden Star Resources Ltd. (AMEX: GSS), $3.00, +0.24, 8.70%, made gains today on lower than average volume as it provided an update on its exploration of the Benso concession in Ghana.  GSS reports that for the 88 diamond holes that were drilled in 2009 totalling 8.250 meters and it expects the results to be updated for the Benso area in the second half of this year.  The previously reported hole SWZDD016 intersected several zones of economic gold mineralization including 3.6 g/t gold with a central core of 7 meters grading 6.5 g/t gold.  This is promising news for the company as it continues its work in Ghana.

Health Discovery Corp. (OTCBB: HDVY), $0.284, +0.008, 2.90%, traded in a steady range today between 0.251 and 0.305.  Health Discovery develops molecular diagnostic tests which focuses on the realization of personalized medicine through advanced mathematical pattern recognition techniques. The company announced that Liberty Analystics, an independent research company, has initiated investment coverage on HDVY.    

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

Quantum Fuel Systems Technologies (NASDAQ:QTWW) rose 11.72% to close at $0.816 on news the company won tender from the US Postal Service to provide zero emission electric postal delivery vehicles based its Long Life Vehicle (LLV) platform. Quantum will equip a 178,000 postal delivery fleet, the largest civilian fleet in the country; and will reduce emissions across the US and reduce dependence on foreign petrol.  Headquartered in Irvine, California, Quantum Fuel Systems Technologies Worldwide, Inc., is an alternative energy engineering company, which develops and produces power systems, energy storage technologies, and alternative fuel vehicles. The company makes hybrid electric drive systems, hydrogen storage and metering systems, and alternative fuel technologies for plug-in electric hybrid and alternative fuel vehicles.  The company has ongoing partnerships General Motors, Fisker Automotive, Asola, and Advanced Lithium Power.

Originoil Inc (NASDAQ:OOIL) advanced 23.21% to close at $0.345 with 1,497,216 shares trading on news the company unveiled a comprehensive pilot system for algae cultivation and harvest. The company also updated shareholders on its outlook to generate profits by 2011. Based in Los Angeles, California, Originoil Inc develops proprietary technology to transform algae into bio-fuel to replace petroleum. 

Crystallex International Corp. (USA) (AMEX:KRY) gained 23.08% to close at $0.32 with 1,510,434 shares traded on no news.  Headquartered in Toronto, Canada, Crystallex International Corp explores, develops, mines and produces gold in Venezuela since 1993. Foreign gold mining companies in Venezuela have been recently seized by the Chavez government as he seeks to nationalize gold there.  Gold Reserve’s Venezuelan concession was cancelled in October 2009; the company is fighting this claiming trade treaties with Canada have been broken.

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About PicksThatMove.com:

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. 

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Breakwater Resources Ltd. (TSX: BWR), $0.425, +0.025, 6.25%, released its production results for 2009 and 2010 guidance confirming that it plans to spend $49.5 million on capital with majority of the funds being applied to Mochito, Toqui and Myra Falls.  Breakwater Resources is a mineral resource company dealing with the acquisition, exploration, development and mining of base metal and precious metal deposits in the Americas.  Breakwater expects to spend $3.9 million on exploration expenses in 2010 with its purpose of increasing the mineral resources at Mochito in Honduras and at Toqui in Chile. 

First Gold Exploration Inc. (TSXV: EFG), $0.62, +0.07, 12.73%, is a mining company with its main focus on the Relief Canyon Mine, which is an open-pit, heap leaching operation located approximately 110 miles northeast of Reno, Nevada.  The company announced that it has increased its land position by 265 km2 and during the staking rush around its Lac Pivert/Rose property.  Breakwater confirmed that the Lac Pivert/Rose project shows a number of mineralogical similarities with the Tanco Mine in Manitoba, which is owned by Cabot Corporation.  The mineralized zones at the Tanco Mine are encased in pegmatite dikes, and the minerals found in the pegmatites are lithium, tantalum, cesium and rubidium, just like the Lac Pivert/Rose project. EFG is trading today between 0.55 and 0.64. 

North American Palladium Ltd. (AMEX: PAL), $3.96, +0.55, 16.13%, is trading the day away in a close range between 3.45 and 3.93, with PAL’s 52 week-high hitting 4.78 on January 19.  North American Palladium is a precious metals company with its main interest in the production of palladium and gold.  The company’s Lac des Iles mine is one of North America’s two primary palladium producers and PAL also owns and operates the Sleeping Giant mine positioned in the prolific Abitibi region of Quebec.  The company announced its plans for 2010 to drill 53,000 meters as part of a $6.2 million gold exploration program.  It will also continue to focus on the exploration activities at its Sleeping Giant Mine and its Dormex property adjacent to the mine.

Conolog Corporation (NASDAQ: CNLG), $4.39, +2.28, 108.06%, is soaring today with extensive gains of over 108% on news that it has received advanced orders for its PDR systems and other communication equipment to be valued in excess of $1,900,000.  Looking forward the Chairman of the company, Benou, stated that Conolog will produce and market its ‘Glow Worm’ and focus on the design and introduction of its CM100 Multiplexer.  Conolog Corporation is a provider of digital signal processing and digital security solutions to electric utilities worldwide.  The company stock has been trading in the day’s range of 3.02 and 4.72.  The 52 week-high sits at 6.64 from last March.

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.