
Orofino Gold Corp. (ORFG.PK) is a US (Nevada) company established for the purpose of creating a significant exploration and mining group to operate in Colombia.
Orofino has major criteria by which they select properties that includes:
* Significant historical production
* Favorable geology for hosting major ore bodies
* Significant property area for large target exploration
* Recent results available
* Favorable infrastructure and access to allow mine development
* Receptive local government and populace.
In addition, Orofino has acquired a database comprised of exploration and mining results from previous operators who left when the global mining sector experienced a major downturn in the three year period from 1997-2000
The second part of Orofino's strategy to become a recognized player in the Colombia mining sector was the acquisition of an interest in an operating mine. Orofino has acquired a 55% interest in the La Azul/La Estrella property with the rights to acquire up to 80%.
The Price of Gold on December 19, 2010 is hovering around $1,374.34 an ounce.
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Advent Software, Inc. (Nasdaq:ADVS) a leading provider of software and services to the investment management industry, announced that it has made product and data services enhancements to address the upcoming cost basis rule change, which will require financial custodians to report adjusted cost basis information to the IRS via Form 1099.
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in more than 50 countries rely on Advent technology to run their mission-critical operations.
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Genzyme Corp. (Nasdaq:GENZ) announced that it will hold an Analyst and Investor meeting in New York on December 20, 2010, focused specifically on the commercial potential of alemtuzumab for multiple sclerosis. The event will be webcast live from 1:00 p.m.-3:00 p.m. Eastern on the investor events section of www.genzyme.com. The event is part of Genzyme's ongoing program to communicate with shareholders regarding the intrinsic value of the company.
One of the world's leading biotechnology companies, Genzyme is dedicated to making a major positive impact on the lives of people with serious diseases.
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Costco Wholesale Corporation (Nasdaq:COST) announced its operating results for the first quarter (twelve weeks) of fiscal 2011, ended November 21, 2010. Net sales for the quarter increased eleven percent to $18.82 billion from $16.92 billion during the first quarter of fiscal 2010. This year's first quarter included sales from the Company's 50% owned Mexico joint venture, as the Company began consolidating its Mexico operations on a prospective basis beginning with its 2011 fiscal year (on August 30, 2010) due to the adoption of a new accounting standard, as previously disclosed; without those sales the increase would have been eight percent.
Costco Wholesale Corporation operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities.
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