Sino-Forest Corporation (TSX:TRE) (Pinksheets:SNOFF) has been beaten down from the first week of June/2011 on allegations made by a U.S.-based analyst and short seller Muddy Waters Research.
To make long story short: SNOFF stock plummeted to $1.38 from ~$19 in 3 weeks of June & slowly recovering since that time.
Sino-Forest Corporation
CANADA
Corporate Administration Office
Sino-Forest Corporation
90 Burnhamthorpe Road West,
Suite 1208, Mississauga,
Ontario Canada L5B3C3
Tel: +905 281 8889 Fax: +905 281 3338
HONG KONG
Executive Head Office
Sino-Wood Partners, Limited
Room 3815-29 38/F, Sun Hung Kai Centre,
30 Harbour Road, Wanchai, Hong Kong
Tel: +852 2877 0078 Fax: +852 2877 0062
info@sinoforest.com
http://www.sinoforest.com
As a leading commercial forest plantation operator in China, Sino-Forest operates in ten key provinces in China, with over 3,900 full-time employees, managing approximately 788,700 hectares of plantation trees as at December 31, 2010. We strive continuously to increase our portfolio of plantations, our productive yield and the range of our forest products and services, while preserving local ecological environments and supporting local employment and community development.
News (July 22nd, 2011) by The Bedford Report:
Sino-Forest and Louisiana Pacific Optimistic on Growth Potential
NEW YORK, NY–(Marketwire – 07/22/11) – Increased wood demand from Asia has driven lumber prices up more than 20 percent since hitting their lowest point this year in early May. Although forest plantation operators in China are boosting production, China cannot meet the demand with its own resources, giving ample opportunity to Canadian and US lumber companies. The Bedford Report examines the outlook for companies in the Lumber, Wood Production industry and provides equity research on Sino-Forest Corporation (TSX:TRE) (Pinksheets:SNOFF) and Louisiana-Pacific Corporation (NYSE:LPX). […]
Pacific Gold Corp (PCFG): reached new 52week high today.
We’ve been profiled Pacific Gold Corp (PCFG) since $.02 on mid-April. PCFG reached today @ $.08 & closed @ $.074 on strong volume
Pacific Gold Corp. (OTC: PCFG)
848 N. Rainbow Blvd. #2987
Las Vegas, NV 89107
Tel: 416 214-1483
info@pacificgoldcorp.com
http://www.pacificgoldcorp.com/
Pacific Gold Corp. is currently focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. currently owns four operating subsidiaries. Nevada Rae Gold, Inc. owns and operates the Black Rock Canyon gold mine, located in north-central Nevada. Pilot Mountain Resources Inc. owns Project W, a large tungsten based deposit. Fernley Gold, Inc. has acquired the exclusive lease rights to mine the Lower Olinghouse Placers. Pacific Metals Corp. owns 24 unpatented lode mining claims in San Juan and Dolores Counties, Colorado immediately southeast of Bolam Pass.
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OTC stock market penny stock gainers:
| Symbol | Company Name | Last | Net Change | % Chg | $ Volume | Volume |
| TECO | TREATY ENERGY | 0.0689 | 0.0139 | 25.27% | $628,965 | 10086848 |
| SRSR | SARISSA RESOURCES | 0.07 | 0.02 | 40.00% | $573,116 | 9748668 |
| HDUP | HEADSUP ENTERTAINMENT | 0.04 | 0.0051 | 14.61% | $434,891 | 10537979 |
| YUII | YUHE INTL | 1.15 | 0.18 | 18.56% | $432,059 | 419201 |
| CHBT | CHINA-BIOTICS | 2 | 0.275 | 15.94% | $313,936 | 161466 |
| VELA | CHINA TEL GROUP | 0.19 | 0.025 | 15.15% | $298,806 | 1487948 |
| SNGX | SOLIGENIX | 0.305 | 0.03 | 10.91% | $292,430 | 1008790 |
| CBEH | CHINA INTEGRATED ENERGY | 0.83 | 0.14 | 20.29% | $291,508 | 371231 |
| TWDIF | TRADE WINDS VENTURES | 0.33 | 0.0325 | 10.92% | $287,759 | 859490 |
| ENTB | ENTEST BIOMEDICAL | 1.35 | 0.16 | 13.45% | $268,551 | 203999 |
| PETEF | PRIMARY PETROLEUM | 0.9 | 0.225 | 33.33% | $250,648 | 323032 |
| GRHU | GREENHOUSE HOLDINGS | 1.06 | 0.125 | 13.37% | $232,118 | 231663 |
| BZRT | BIZROCKET.COM | 0.0582 | 0.0092 | 18.78% | $214,283 | 3571469 |
| MMTC | MICRO IMAGING TECH | 0.0025 | 0.0014 | 127.27% | $147,408 | 62771994 |
| AFFIQ | AFFINITY TECH GROUP | 0.017 | 0.0158 | 1316.67% | $141,458 | 12777392 |
| OLVRF | OLIVUT RES LTD | 1.957 | 0.2605 | 15.36% | $127,527 | 66648 |
| AEFIE | AMERICAN ENERGY FIELDS | 0.29 | 0.06 | 26.09% | $118,786 | 411998 |
| TROV | TROVAGENE | 0.61 | 0.06 | 10.91% | $110,233 | 180092 |
| KNBDF | KINBOARD COPPER FOIL | 0.2308 | 0.0723 | 45.62% | $108,395 | 469000 |
| PEGIF | PT ENERGI MEGA | 0.029 | 0.024 | 480.00% | $107,300 | 3700000 |
| STVI | SNAP INTERACTIVE | 1.06 | 0.16 | 17.78% | $107,290 | 108049 |
| KLYG | KELYNIAM GLOBAL | 1 | 0.11 | 12.36% | $102,477 | 121927 |
| GBTR | GLOBETRAC | 0.4 | 0.09 | 29.03% | $83,633 | 227200 |
| ATIG | ATLANTIS INTERNET GROUP | 0.0079 | 0.0009 | 12.86% | $77,533 | 11505218 |
| SDTH | SHENGDA | 0.63 | 0.1 | 18.87% | $75,981 | 132090 |
| EMXC | EMAX HOLDINGS CORP | 0.0018 | 0.0002 | 12.50% | $67,159 | 39676217 |
| LVWR | LIVEWIRE MOBILE | 2.3 | 0.25 | 12.20% | $65,694 | 34213 |
| BFDI | BREKFORD | 0.38 | 0.04 | 11.76% | $62,398 | 173623 |