NXT-ID Taps Winners of ‘Show Us Your Wallet’


NXT-ID Taps Winners of ‘Show Us Your Wallet’


http://insurancenewsnet.com/oarticle/2014/08/28/nxt-id-taps-winners-of-show-us-your-wallet-a-548980.html#.VACSJWPdp1F

NXT-ID tapped the winners of the social media competition “Show us your Wallet”, #Needawocket that officially closed August 17th.

According to a release from the company, ten winners received a Wocket smart wallet and $150MasterCard gift card.

Laurence Savin, a marketing consultant that managed the social media contest for NXT-ID said, “We were very happy with the response to this competition. Some entries were very funny, some were very scary. The competition highlighted two main things for me. First, that for the most part, we are really carrying far too many cards in our wallets; they’re a veritable goldmine for anyone with nefarious intentions. Second, that there is still a really significant number of people in our community that don’t properly understand the importance of protecting their identity and how to do that. I guess one of the nice things that I can take away from the competition is that we’ve raised the awareness of dangers associated with carrying big-old wallets. Far beyond the money that can be stolen, people are starting to understand the health and privacy implications.”

One of the excited winners responded with, “Thank you for the award. I actually bought 2 of them for my children. Now I have one. I am so proud of what you have done to secure credit cards. I do not know anybody who loves the Wocket principle more than I do.”

Wocket is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket.

NXT-ID is a company focusing on the m-commerce market.

More information and complete details:

http://www.wocketwallet.com

http://www.nxt-id.com

NXT-ID CNBC Ad Schedule for Wocket(TM) Smart Wallet to Resume for September Targeting New York and Los Angeles Markets


NXT-ID CNBC Ad Schedule for Wocket(TM) Smart Wallet to Resume for September Targeting New York and Los Angeles Markets


http://finance.yahoo.com/news/nxt-id-cnbc-ad-schedule-144755009.html

NXT-ID, Inc. (NXTD), a biometric authentication company focused on the growing m-commerce market, announces the 30 second spots on CNBC for its next generation smart wallet, Wocket™ will resume in September, starting with targeted New York financial markets.

The CNBC advertisements will air daily during prime-time morning and afternoon programs.

NXT-ID’s CEO Gino Pereira said, “We are continuing our successful national ad campaign with a more targeted regional approach to markets that have a high propensity to embrace our smart wallet biometric payment technology. Focusing on a financial audience with a higher daily frequency of the 30 second spots will create more brand awareness as we commence our first shipments to consumers this fall. We will follow the New York and Los Angeles market ads with select cities across the U.S. as we continue to introduce the Wocket to consumers.”

Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.

Wocket™ is now available for advance ordering at: http://www.wocketwallet.com at a price of $149.99.

The full Wocket product FAQ is available to consumers and media at:
http://wocketwallet.com/pages/faq

About NXT-ID Inc. – Mobile Security for a Mobile World

NXT-ID, Inc.’s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers’ mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

Graystone Company Announces Copper Campaign #2 Results


Graystone Company Announces Copper Campaign #2 Results


http://finance.yahoo.com/news/graystone-company-announces-copper-campaign-130000200.html.

The Graystone Company (GYST) announced today that its wholly owned subsidiary, Grupo Mineral Inca, SAC (GMI) has completed the Company’s copper campaign #2 in Peru with the following results.

The company produced and/or sourced 187 tons of copper/gold ore at a total cost of $116.90 per ton. The company sold its copper/gold concentrate equaling $224.59 per ton of ore. The company’s copper campaign #2 produced a net profit of $107.69 per ton of ore processed. Campaign #2 had an increased per ton profit of $31.34 compared to the net profit per ton of $76.35 for campaign #1. GMI’s gross revenue from campaign #2 was $41,998.

As per the terms of the joint venture agreement on its copper claim, the company also recouped its operational costs specific to campaign #2. “Considering this was our second campaign in copper and our first round of bulk ore purchase, were pleased to once again turn a per ton net profit,” said Graystone CEO. “We produced a recoverable amount of gold which was not present in the first campaign. Our experience of conducting a successful campaign mining copper and the purchase of bulk ore has enabled us to become more efficient and profitable in this area of our mining operations.”

Our plan for campaign #3 is to continue mining at our copper claim in Peru and expand our bulk ore purchase program including more gold rich ore purchases. After a brief break for the workers, Campaign #3 is scheduled to start on or about September 15, 2014.

The company also announced today that its gold prospecting teams have identified two new targets on its gold claims. Testing is underway to determine if the company will open up new gold mining camps for these new targets.

A gold update from its Gold claims in Peru and Suriname will be available on or about September 9th, 2014. The company is currently producing gold weekly via bulk sampling at several of its gold mining camps in Suriname and Peru. Satellite images, claim information and camp/ore processing photos can be found on its website http://www.graystone1.com and/or octmarkets.com filings and the SEC’s website.

The company has also uploaded to otcmarkets.com lab testing results from samples taken from its ore pile on August 14, 2014.

About The Graystone Company

The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company’s strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.

SourcingLink.net Signs Contractual Agreement With Geologist, Wayne Holmstead, to Conduct an Exploration Program on the Eldor Project


SourcingLink.net Signs Contractual Agreement With Geologist, Wayne Holmstead, to Conduct an Exploration Program on the Eldor Project


http://finance.yahoo.com/news/sourcinglink-net-signs-contractual-agreement-070100310.html

SourcingLink.net Inc. (PINKSHEETS: SNET) has signed a contractual agreement with consulting geologist, Wayne Holmstead, to conduct an exploration program on the Eldor Rare Earth Property Claims (Eldor Project). The geological exploration program includes significant prospecting, sampling and mapping followed by extensive analysis of rock and sediment samples collected during the program.

The initial purpose of the exploration project is threefold:

1) To investigate the high Rare Earth and Rare Earth indicator values in lake sediments on the property which were previously conducted in a 1984 survey by the Quebec Government.
2) To look for similar Rare Earth mineralization found by Commerce Resources whose property is contiguous to the east (adjoining property).
3) To investigate any other mineralization on the property that may be of economic interest.

Mr. Wayne Holmstead, Bachelor of Science, University of Toronto, Earth Science is an accomplished geologist with over 30 years experience, having previously worked with many Canadian (TSX) listed mining exploration companies including Windy Mountain Exploration and Western Troy Capital Resources. Mr. Holmstead has a significant amount of experience working with exploration mining projects in northern Quebec and is expected to begin the exploration program during September 2014.

Anne Carioti, CEO, commented, “We are very excited to have been able to engage a quality, experienced geologist such as Wayne to help us explore an area with significant potential for a new REE discovery.”

The Eldor Project located in Northern Quebec, Canada adjoins the west boundary of Commerce Resources’ Ashram Project. The neighboring property, Ashram project, currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, (a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%).

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 21 mineral claims covering approximately 2438 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

GreyStone (GYST) ☂ Lucrative SA Copper and Gold Mining!


GreyStone (GYST) ☂ Lucrative SA Copper and Gold Mining!

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Graystone Company
 (GYST)

High Grade Copper at Subsidiary Grupo Mineral Inca, SAC

Company Ships 187 Tons of Copper

Copper Campaign 2 is a Success!

The Graystone Company’s Natural Resources Division locates and extracts mineral deposits for refining. We acquire properties with proven or probable mineral ore reserves. As a mining company, this enables us to focus our attention on generating revenue and profits from the processing of mineral resources without the speculative cost of exploration activities.
 
The Gorilla Project

The Gorilla Project operation involves alluvial mining of gold from the deposits of sand and gravel usually left from modern or ancient stream beds.
Exploration Plan and Activities.

The company’s campaign recently produced 203 tons of copper ore at a total costof 108.37 per ton and took over 90 days to complete. The company sold its copper concentrate equaling 184.72 per ton of ore.
“I feel the company has turned a new page in its brief history, for the positive, and we are determined to continue to hit new production milestones. I have never deviated from my original game plan and that perseverance is starting to show positive results.”
~Paul Howarth, CEO      

The Graystone 2 Project

In June 2011, the Company claimed the Graystone 2 project from the Peruvian government.  The project consists of 800 hectares in Loreto, Peru.

 The Company’s copper project, Greystone 2 went into production on July 7 2014. The company estimates it has produced approximately 27 tons of
copper ore, which is currently stored on site. The property is adjacent to the Company’s Gorilla Project. The company believes Copper Campaign 2 is progressing at or ahead of schedule.

“The purchase of raw ore is currently a thriving business in Peru. Depending on our cash flow, we intend on pursuing these opportunities after analyzing proper discounts, logistics and profit margins”

~Paul Howarth, CEO     

The Graystone 3 Project

In February 2012, the Company claimed the Graystone 3 project from the Peruvian government.  The project consists of 700 hectares located in Amazonas, Peru (Northern Peru).  

The property is approximately 3.5 hours north from the Company’s project Gorilla and Graystone 2.

Toxic Lenders No Longer in the Solution!


ASHER OUT
, Item 1 Entry into a Material Definitive Agreement.

(4) Since Asher Enterprises no longer has a position in the company, the company has been looking at additional ways to cut costs since we have eliminated Asher as a source of funding.

Graystone Company Copper Campaign 2 Update
August 21, 2014 LAS VEGAS (BUSINESS WIRE)
The Graystone Company (GYST) announced today that its wholly owned subsidiary, Grupo Mineral Inca, SAC (GMI) has compiled approximately 187 tons of copper ore for its Copper Campaign 2. The company has completed the shipping of its ore and on Tuesday August 19 the company started the froth flotation process at its copper processing plant in Nazca Peru. The plant has reported that the process will take approximately 6-9 days to complete including the drying process. The company already has a buyer in place to purchase the post processing ore concentrate.
The company has uploaded lab testing results from samples taken from its ore pile on August 14, 2014. These assays do not include the bulk ore purchase the company completed last week. The lab report can be viewed on the otcmarkets.com website.
The company will release final results information for copper campaign 2 when they are available.
About The Graystone Company. The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company’s strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.
“As were going deeper on two of our Gold claims we are finding the gold concentrations are increasing.”
“As our revenue grows, we plan on doing more extensive drilling on our gold claims and prospecting areas to better predict where we should focus our efforts.”
Graystone Company
 (Ticker: GYST)
Visit the company website at:
http://www.graystone1.com/
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Disclaimer – Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment adviser or licensed stockbroker before investing. You should not invest or trade in any penny stock unless are you are fully prepared, willing, able and expect to lose a hundred pct of your funds,including any profiled company or other company in any other manner mentioned or alluded to by StockPumper.com as defined in any medium whatsoever. Compensation: Five hundred dollars for a one day awareness on GYST from a third party.The service is provided as a guide to some available investments only, which must be tempered by the investment experience and independent decision making process of the subscriber. The accuracy of issuer documents and information that is submitted to and, its affiliated members and its management for inclusion on this site is principally the responsibility of the particular issuer and its management, its affiliated members and its management is neither responsible for, nor undertakes any steps to check, the accuracy of any information provided by featured companies to potential investors. You should confirm to your own satisfaction the veracity of any information prior to entering into any investment.

NXT-ID approved for NASDAQ capital market listing


NXT-ID approved for NASDAQ capital market listing


http://www.biometricupdate.com/201408/nxt-id-approved-for-nasdaq-capital-market-listing

By Stephen Mayhew
August 25, 2014 –

NXT-ID announced it has been approved for listing on The Nasdaq Capital Market, subject to closing of its proposed underwritten public offering of the common stock and warrants.

The company will trade its shares of common stock and the warrants under the symbol “NXTD” and “NXTDW,” respectively.

In the meantime, NXT-ID’s common stock will continue to trade on the OTC Quotation Board under its existing symbol “NXTD” until transitioning to the Nasdaq listing.

The move comes a few months after NXT-ID launched its biometric wallet and payments device, the Wocket.

In addition to Wocket, NXT-ID is launching its advanced MobileBio services, which include the design and development of software and hardware for smartphones, tablets and laptops.

Google Wallet, Citi Wallet & Wocket™ Digital Wallet Making Mobile Payments More Convenient & Secure – Smart Wallet Manufacturer Approved for Listing on NASDAQ Capital Market


Google Wallet, Citi Wallet & Wocket™ Digital Wallet Making Mobile Payments More Convenient & Secure – Smart Wallet Manufacturer Approved for Listing on NASDAQ Capital Market


http://www.marketwatch.com/story/google-wallet-citi-wallet-wocket-digital-wallet-making-mobile-payments-more-convenient-secure-smart-wallet-manufacturer-approved-for-listing-on-nasdaq-capital-market-2014-08-26

Biometrics advancements and smart technology recent developments strengthens grip on mobile payments as companies move to improve digital wallets and other mCommerce platforms to boost convenience and security for consumers: NXT-ID Inc. NXTD, +0.77% Citigroup Inc. C, +1.21% Amazon.com Inc. AMZN, +0.88% eBay Inc. EBAY, +0.31% Google, Inc. GOOG, -0.26% and Apple Inc. AAPL, -0.44%

NXT-ID Inc. (otcqb:NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers’ mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. NXTD has updated the website for its innovative smart wallet, the Wocket™. The company is nearing its initial shipping date in September.

For more information on the device, please visit NXTD’s website at: http://wocketwallet.com/.

The Company also plans on continuing to produce celebrity ads for the smart wallet. Stars like Joey Fatone and Vinny Paz have already appeared in campaigns and consumers can expect to see more famous faces with a Wocket at:
https://www.facebook.com/wocketwallet.

Additionally, the Company announced last week it has received approval to be listed on The Nasdaq Capital Market. Once the move is official, the company will trade under the symbol “NXTD” and “NXTDW”. Until then, it will continue to trade on the OTC Quotation Board under “NXTD”.

To read more about the NXTD up listing to NASDAQ, please go to: http://www.financialnewsmedia.com/profiles/nxtd.html

Another player in the digital wallet field is Citigroup C, +1.21% as the company recently unveiled its “Citi Wallet”. This makes Citi the first global bank to develop its own digital wallet and the company hopes to increase convenience and security for its clients when making online purchases. “As online spending continues to grow, we heard from our cardmembers that they want a faster way to make purchases online,” said Barry Rodrigues, Head of Citi Enterprise Payment Solutions. “Citi Wallet delivers this by reducing online checkout to just a couple clicks – whether they are purchasing a sweater, flowers or a new tablet.” To read the full story, please click here: http://www.marketwatch.com/story/new-citi-wallet-simplifies-online-purchases-2014-08-25

Amazon.com AMZN, +0.88% eBay Inc.’s EBAY, +0.31% PayPal and Apple AAPL, -0.44% are other big names will their hands also in the digital payment hat. Amazon recently released an wallet in the form of an app, which allows users to upload gift cards and more while also having the ability to check balances from their Amazon devices. PayPal, who’s arguably the biggest and most successful name in the industry, has recently announced partnerships with both Uber and Jamba Juice. And then there’s Apple, who has been rumored to have included an near field communication (NFC) payment system in the iPhone 6, which will hit the markets this fall. Contactless payments have had a checkered history. At the moment, the two major mobile payment systems that use N.F.C. are Google Wallet GOOG, -0.26% and the Isis mobile wallet app, which was a joint creation of AT&T, Verizon and T-Mobile. (Isis mobile wallet is in the process of changing its name to avoid confusion with the violent militant group wreaking havoc in Iraq and Syria.)To read more on this, please click here: http://www.startribune.com/business/270059481.html

CNN also recently published a report that details the future of the mobile payment industry. From NFC, to the widespread use of the technology in Europe, the report displays the reasoning for experts to have such high hopes for the industry’s growth both in the United States and worldwide.

To read the full report, please click here:
http://www.cnn.com/2014/08/21/tech/how-well-pay-for-things-in-the-future/

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup.

SourceNet (SNET) Eldor Rare ◷ Mineral Project Worth Billions


Subject: SourceNet (SNET) Eldor Rare ◷ Mineral Project Worth Billions

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SourcingLink.net
(SNET)

Eldor Rare Earth Property Estimated to be Worth Billions

SourcingLink.net is a exploration and development company with a focus on rare metals and rare earth elements, which are among the primary input materials of technology in the 21st century.

The Company is currently focused on exploration and development of its Eldor project in Quebec, Canada, which is recognized as one of the most favorable mining jurisdictions in the world.

Rare earth elements are vital materials utilized in many 21st Century Technologies, including in most sustainable energy technologies and a wide spectrum of defense applications.
China currently supplies 95% of the earth’s rare elements
Rare Earth Metals
Rare Earth Elements are a group of seventeen chemically similar metals.

The seven critical rare earth elements, neodymium (most important because neodymium is used in permanent magnets), europium, terbium, scandium, dysprosium, yttrium and the lanthanide elements.

Rare earths are an indispensable input to high-technology applications, including electric and hybrid vehicles, battery technology, wind turbines, cell phones, tablets, high definition televisions as well as other consumer electronics.

The Eldor Rare Earth Project is located in Quebec, Canada directly adjoins the west boundary of Commerce Resources Ashram Project which currently has a Assessment of $2.32 billion
SourcingLink.net Renews Claims for Eldor Project in Northern Quebec, Canada
 
 
Marketwired – Aug 25, 2014

SourcingLink.net (SNET) has recently renewed all of its existing claims pursuant to its agreement (announced August 16, 2013) to acquire 100% interest in the Eldor Rare Earth Property Claims (Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of approximately 2438 acres including 21 claims and is contiguous to the west boundary of Commerce Resources’ Ashram Project which currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of 2.32 billion, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%. Please see link to map of Eldor Project and surrounding region (http://www.sourcinglink.org/projects.html).

The claims were renewed with the Ressources Naturelles du Québec including 5 claims that are valid through June 16, 2017.
Anne Carioti, CEO, has commented, “It was imperative that we maintain our current claims in an area with such significant exploration potential. We are looking forward to commencing an exploration program on the Eldor Project within the near future.”
About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 21 mineral rights claims covering approximately 2438 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

SourcingLink.net, Inc.
signed an agreement to acquire 100% interest in the Eldor Project located in Northern Quebec, Canada.

The Eldor Project consists of 21 mineral rights claims covering approximately 2438 acres

Projects

The Eldor Rare Earth Project is located in Quebec, Canada directly adjoins the west boundary of Commerce Resources Ashram Project which currently has a Assessment of 2.32 billion

The rare earth elements at Ashram occur in simple and well-understood mineralogy, being primarily in the mineral monazite and to a lesser extent in bastnaesite and xenotime. These minerals dominate the currently known commercial extraction processes for rare earths. The deposit has combination of Light ,Middle and Heavy Rare Earth Oxide (MHREO).

Sourcinglinknet.com intends to commence an initial work program in order to identity initial exploration drill targets. To date there have been significant indicators
SourcingLink.net
is a publicly traded exploration and development company with a focus on rare metals and elements which are among the primary input materials of technology in the 21st Century.

About the Ashram Rare Earth Element Deposit
The Ashram Rare Earth Element (REE) Deposit is a carbonatite within the Eldor Property, located in north-eastern Quebec.

The Deposit has a measured and indicated resource of 29.3 million tonnes at 1.90% TREO and an inferred resource of 219.8 million tonnes at 1.88% TREO. The deposit boasts a well-balanced distribution with enrichment in the light, middle and heavy rare earth elements including all five of the most critical elements (neodymium, europium, dysprosium, terbium, and yttrium).

The REEs at Ashram occur in simple and well-understood mineralogy, being primarily in the mineral monazite and to a lesser extent in bastnaesite and xenotime. These minerals dominate the currently known commercial extraction processes for rare earths.
A Preliminary Economic Assessment, completed in May of 2012 by SGS-Geostat of Montreal (Blainville) (see news release May 24, 2012), outlines robust economics for the Ashram Deposit. The PEA is based on a 4,000 tonne per day open-pit operation with an initial 25-year mine life (300 years at economic cut-off if open-pit + underground development), a pre-tax and pre-finance Net Present Value (NPV) of 2.32 billion at a 10% discount rate, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%, and a pre-tax/pre-finance payback period of 2.25 years.
The Ashram Rare Earth Element (REE) Deposit is a carbonatite within the Eldor Property, located in north-eastern Quebec.

The Deposit boasts a well-balanced distribution with enrichment rare earth elements including all five of the most critical elements (neodymium, europium, dysprosium, terbium, and
yttrium).

Stock Chart is indicating investors are very Bullish on SNET.

SNET has enjoyed gains of almost 300% in the last 10 days! 

SNET currently has a 100% “Buy” recommendation from BarChart.com!
SourcingLink.net
(SNET)

Visit Sourcinglink.net on the web at:
http://www.sourcinglink.org/

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Please read our disclaimer at: http://stockpumper.com/review-disclaimer.php

Disclaimer – Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment adviser or licensed stockbroker before investing. You should not invest or trade in any penny stock unless are you are fully prepared, willing, able and expect to lose a hundred pct of your funds,including any profiled company or other company in any other manner mentioned or alluded to by StockPumper.com as defined in any medium whatsoever. Compensation: One thousand dollars for a one day awareness on SNET from a third party.The service is provided as a guide to some available investments only, which must be tempered by the investment experience and independent decision making process of the subscriber. The accuracy of issuer documents and information that is submitted to and, its affiliated members and its management for inclusion on this site is principally the responsibility of the particular issuer and its management, its affiliated members and its management is neither responsible for, nor undertakes any steps to check, the accuracy of any information provided by featured companies to potential investors. You should confirm to your own satisfaction the veracity of any information prior to entering into any investment.

SourcingLink.net Renews Claims for Eldor Project in Northern Quebec, Canada


SourcingLink.net Renews Claims for Eldor Project in Northern Quebec, Canada


http://finance.yahoo.com/news/sourcinglink-net-renews-claims-eldor-070100017.html;_ylt=AwrBJR6ULftTzEEAvriTmYlQ

SourcingLink.net (PINKSHEETS: SNET) has recently renewed all of its existing claims pursuant to its agreement (announced August 16, 2013) to acquire 100% interest in the Eldor Rare Earth Property Claims (Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of approximately 2438 acres including 21 claims and is contiguous to the west boundary of Commerce Resources’ Ashram Project which currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%.

Please see link to map of Eldor Project and surrounding region
http://www.sourcinglink.org/projects.html

The claims were renewed with the Ressources Naturelles du Québec including 5 claims that are valid through June 16, 2017.

Anne Carioti, CEO, has commented, “It was imperative that we maintain our current claims in an area with such significant exploration potential. We are looking forward to commencing an exploration program on the Eldor Project within the near future.”

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 21 mineral rights claims covering approximately 2438 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

NWTR: New Western Energy reports revenue gain of 840%


NWTR: New Western Energy reports revenue gain of 840%


http://finance.yahoo.com/news/nwtr-western-energy-reports-revenue-140000619.html

The company (NWTR) announced its second quarter results on August 18, 2014. Revenue was close to our estimate and increased by 840% Y/Y and 57% from the first quarter. EPS was a loss of $0.01, considerably better than our estimate.

We are very pleased with the gains and expect them to continue as more wells are bought online and the current wells are reworked to improve production.

Oil sales were $66,515 and gas sales were $44,952. All sales gains were due to increases in volume. Prices were fairly constant as compared to the first quarter, as was the discount from the NYNEX spot price. This discount is the “commission” received by the pipeline for transporting the oil to market.

Increased oil and gas production will result in higher expenses but the gross margins should improve through the second half of 2014 and into 2015. However, the increase in production will not lead to profits in the near future and cash needs will have to be met from raising debt and stock sales.

Due to the recent decline in stock price and the expectation of more dilution we have changed our price target to $0.75 a share.

READ THE LATEST FULL RESEARCH REPORT HERE:
http://scr.zacks.com/files/August-21-2014_NWTR_Gilson_v001_f1zsaw.pdf