Chesapeake Midstream Partners, L.P. (NYSE:CHKM) announced financial results for the 2010 third quarter. Net income for the quarter totaled $33.4 million, and adjusted ebitda (defined on page 3 of this release) was $58.9 million. Distributable cash flow (“DCF”) (defined on page 4 of this release) totaled $40.0 million, and adjusted distributable cash flow (DCF inclusive of the quarterly impact of a contractual minimum volume commitment that will not be recognized until the 2010 fourth quarter) was $56.4 million (see calculation on page 8 of this release). Total throughput for the 2010 third quarter was 145.7 billion cubic feet (bcf) of natural gas or 1,584 million cubic feet (mmcf) of natural gas per day, a decrease of 2% from 2010 second quarter throughput of 1,624 mmcf per day.
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Global Hunter Corp. (TSX.V:BOB) (FSE:G5D)
Chile’s Natural resources are copper, timber, iron ore, nitrates, precious metals, molybdenum, and hydropower. The last year for which records are available are: Chile Molybdenum production in 2007, was 44912 Metric tons: Rhenium production for 2006 was 19800 kilograms; Copper 2006 production 3669000 metric tons. MOLYBDENUM is a valuable metal ore currently bringing $15.70 a pound.
Global Hunter Corp. recently announced the results from the first 91.8 metres of core drilled in hole RS-D-08-123 averaging 0.070 percent molybdenum and 0.13 grams per tonne rhenium. The molybdenum grade is 8.3 percent higher than the grade from the same interval in twinned hole RS-D-80-56. None of the previous operators had analyzed for rhenium.
Rhenium is found together with other metals and range from 0.002 to 0.2 percent in molybdenum and is commercially only recovered as a by-product from molybdenite concentrates. It is a rare and valuable metal that currently trades at approximately US$12,100 per kilogram and is used for catalysts (in unleaded gasoline), electronic devices, thermocouples, temperature controls, heating elements, rhenium-molybdenum alloys and coatings. Global Hunter has +18,000 hectare land package in the mineral rich coastal belt of the Andean Cordillera of Chile.
Global Hunter Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. Global Hunter Corp. primarily explores for gold, copper, and base and precious metals. Global Hunter Corp. was founded in 1988 and is headquartered in Vancouver, Canada.
To learn more about Global Hunter visit: http://www.globalhunter.ca
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Orofino Gold Corp. (PINK:ORFG)
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold is please to report that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director. Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp.
Mr. Pernett will be responsible for all affairs of Orofino Gold in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of Orofino Gold’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine. The Board of Director’s have accepted resignation of John T. Martin, former Managing Director of Orofino Gold. His resignation is effective immediately. Orofino Gold wish him well and success in future endeavors.
Orofino Gold Corp. engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. ORFG has an option to acquire properties in the Sur de Bolivar Department of Colombia South America. ORFG was formerly known as SNT Cleaning, Inc. and changed its name to Orofino Gold Corp. in December 2009. ORFG was founded in 2005 and is based in Central, Hong Kong.
To learn about ORFG visit: http://www.orofinogold.com
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Limited Brands, Inc. (NYSE:LTD) reported 2010 third quarter results, increased its 2010 full-year earnings guidance, declared a $3 per share special dividend and authorized a $200 million share repurchase program.Earnings per share for the third quarter ended Oct. 30, 2010, were $0.18 compared to adjusted earnings per share of $0.02 for the quarter ended Oct. 31, 2009, which exclude an income tax benefit in 2009 as detailed below. Third quarter operating income was $149.1 million compared to operating income of $58.9 million last year, and net income was $61.3 million compared to adjusted net income of $6.1 million last year.
Limited Brands, Inc. operates as a retailer of women’s intimate and other apparel, beauty and personal care products, and accessories in the United States and Canada.
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Gaylord Entertainment Co. (NYSE:GET) announced that it will present to attendees of the Barclays Capital Global Lodging Conference being held at their U.S. headquarters in New York, NY on Tuesday, November 30 at 3:30 p.m. ET. Colin Reed, chairman and chief executive officer for Gaylord Entertainment, will communicate the Company’s recent financial performance, growth objectives and business strategy. Mark Fioravanti, senior vice president and chief financial officer and Patrick Chaffin, vice president of strategic planning and investor relations, will also attend the conference.
Gaylord Entertainment Company, through its subsidiaries, operates as a diversified hospitality and entertainment company in the United States.
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