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Lundin Mining Corporation (TSX: LUN), $4.16, 0.11, 2.72%, is trading in the range of 4.09 and 4.21 today, making gains of 2.72% with pretty heavy volume on the TSX. This past January LUN hit its 52 week-high of 5.18. Lundin Mining will release its report for the Full Year and the Fourth Quarter 2009 on February 25, 2010. The company will also hold a conference call on the same day. Lundin Mining is a diversified base metals mining company with operations in Portugal, Spain, Sweden and the DRC.
Aastrom Biosciences Inc. (NASDAQ: ASTM), $0.182, -0.029, 13.60%, did not manage to sustain itself above its 52 week-low of 0.20, which it hit in early February. Aastrom has been trading in the 0.165 to 0.19 range. Astrom announced that it has approved a one-for-eight reverse stock split of the company鈥檚 common stock which will come into effect on February 18, 2010. After the split Aastrom expects to have around 28.3 million shares of common stock outstanding. Aastrom is a regenerative medicine company which deals with clinical development of autologous cell products which occurs when cells are collected from a patient and returned to that same patient for the repair or regeneration of multiple human tissues.
China Tel Group Inc. (OTCBB: CHTL), $1.54, 0.345, 28.87%, has been trading in a range of 1.411 to 1.80 today which is not far off from its 52 week-high of 2.00 from the beginning of Hair extensions January. The company is responsible for offering fixed telephony, conventional long distance, high-speed wireless broadband and telecommunications infrastructure engineering and construction services, focusing on networks in Asia and South America. China Tel announced that it has received the first combined instalments of two stock purchase agreements which is a total investment of $640 million into the company. The combined investment represents 48% of the total outstanding shares, putting ChinaTel at a value in excess of $1.33 billion.
Northgate Minerals Corporation (AMEX: NXG), $2.632, 0.172, 6.98%, is a Canadian based gold and copper producer with projects in Canada and Australia. Shares of NXG are reaching levels between 2.50 to 2.67 today. Northgate is proceeding with the development of the Young-Davidson mine in Ontario. Some of the mine highlights include 2.8 million ounces of proven and probable reserves, annual production of 180,000 ounces of gold, employment for 600 people during the two year construction period and direct employment for 275 people over the 15 year life of the mine.
Soho Resources Corp. (TSXV: SO
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