Gold American Mining Corp. Guadalupe Drilling Update

RENO, NV, Nov 10, 2010 (MARKETWIRE via COMTEX) -- Gold American Mining Corp. /quotes/comstock/11k!sila (SILA 0.69, -0.03, -3.52%) ("Gold American" and/or "the Company") is pleased to provide an update on its drilling campaign at its Guadalupe Property located in Zacatecas State, Mexico.
As of November 8, 2010, five drill holes had been completed and a total of 1,767.1 meters had been drilled. The rig was mobilized to the location for drill hole No. 6 on November 9, 2010 and drilling is expected to resume this morning. The planned target depth for drill hole No. 6 is 350 meters and we expect to reach it within the next 10 days. The company is still waiting for the first set of assay results to come back from Steward Labs in Canada.

"I am very satisfied with the progress of the drilling campaign to date. We have successfully drilled the first five drill holes at an average drilling rate of approximately 55 meters per day and without any incidents," commented Mr. Johannes Petersen, Gold American's CEO. "I look forward with anticipation to the assay results, which I understand have been delayed because of the industry's higher level of drilling activity and higher laboratory services' demand," added Mr. Petersen.
As previously announced, the primary goal of this 2,500-meters drill program is to test the down dip extensions of the at least 6 veins that have been identified to date on the property. We will continue to provide regular updates on our drilling operations as new information becomes available. Please refer to Projects Section on our website at www.gold-american.com for further information on our drilling program and for recent photographs of the operations.

THE GUADALUPE PROPERTY The Guadalupe property contains two historically significant mines and is located in one of Mexico's oldest mining districts, roughly 5 miles north of the Fresnillo (Proano) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 6.8 miles to the southwest of Silver America's Guadalupe Property is the Juanicipio Joint Venture (JV) between MAG Silver Corp. (MAG) and Fresnillo plc, which is known as one of the world's highest grade undeveloped silver resources.
The Property contains greater than 20 known workings as well as two historic mines - Santa Rita and San Antonio. Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s. The property is completely surrounded by land controlled by Penoles (either through Fresnillo or other subsidiaries and partners).

Highlight results from previous results include:

--  1.00 g/t Au and 946.9 g/t Ag over 1.1m (including 1.83 g/t Au and
    1,800.0 g/t Ag over 0.5 m)
--  0.30 g/t Au and 622.0 g/t Ag from a mineralized dump
--  0.59 g/t Au and 330.0 g/t Ag over 0.7 m
--  5.35 g/t Au and 1,189.0 g/t Ag from a mineralized dump

ABOUT GOLD AMERICAN MINING CORP. Gold American Mining Corp. is a publicly traded /quotes/comstock/11k!sila (SILA 0.69, -0.03, -3.52%) precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations. For more information the Company and its projects, visit Gold American's website at www.gold-american.com.

ON BEHALF OF THE BOARD OF DIRECTORS,
Johannes Petersen, President
Forward-Looking Statements The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Investor Relations Information:
Gold American Mining Corp.
Toll Free: 1-800-274-3710
E-mail: Email Contact

SOURCE: Gold American Mining Corp.

http://www2.marketwire.com/mw/emailprcntct?id=C2730755331ACB6E

Spectrum Announces Possibility of High Grade Gold Deposits

AUSTIN, Texas, Oct 13, 2010 (BUSINESS WIRE) -- Spectrum Acquisition Holdings, Inc. /quotes/comstock/11i!spah (SPAH 0.00, +0.00, +17.65%) , a growing mining exploration, technology and services organization, announces the possibility of high grade gold deposits on its Graham Gulch Gold Mines.
Spectrum Acquisition Holdings' subsidiary Avalon Perspectives LTD, LCC recently purchased The Graham Gulch Gold Mines in Siskiyou County, California. Since the purchase various evaluations of the land have been made and will continue to be made. The land looks very promising and there seems to be a good possibility of potential high grade deposits.
Spectrum Acquisition Holdings CEO Dale Henry comments, "The Salmon River is one of the richest river systems in America. Quite a bit of mining has been done in this region and still is being done, with enormous success. Lode veins have been mined here till 1940, and have been known to have high grade pockets. World War II put a financial damper on the world, and they stopped mining this region shortly there after. Luckily for us this means little prospecting has been done since the 1940s, leaving untapped veins for us to explore."

About Spectrum Acquisition Holdings, Inc. (SPAH.PK)

Spectrum Acquisition Holdings is executing a three-pronged strategy for growth. The Company is acquiring interests in high quality, low-risk gold projects with past production and sizeable resources. Spectrum is developing technology solutions to enable more sustainable, smaller footprint mineral exploration, production and processing. Spectrum is also pursuing acquisitions of mining sector service companies including operators, mine site service providers, equipment manufacturers, geology firms and technology developers.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. SPAH has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect SPAH's current beliefs and are based upon information currently available to it.
Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the SPAH's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. SPAH undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

SOURCE: Spectrum Acquisition Holdings, Inc.

Stock Alert TRDX

Good Morning everyone!

Here is our stock alert today. Keep an eye on this stock. I have not purchased it yet, I want to watch it for a bit longer but I also wanted to let you all know about it!

Our alert for today is off to a strong start.
 
As I type this TRDX is up 30% (9:49 EST)so far.
 
TRDX has already traded well over its average daily volume so
people are starting to take notice.
 
This stock will begin to end up on volume scans which will alert
even more investors.
 
This news that came out a few minutes ago (9:45 EST) could drive
the stock up even higher.
 
Here is the news for those that missed it.
 
TRDX Announces Gross Revenues (Unaudited) for the Quarter Ending
June 30, 2010 Which Increased Over 80% From Previous Year
 
http://finance.yahoo.com/news/TRDX-Announces-Gross-Revenues-iw-2949228750.html?x=0&.v=1
 
Press Release Source: Trend Exploration, Inc. On Wednesday November
10, 2010, 9:45 am 
 
JERICHO, NY--(Marketwire - 11/10/10) - SciMeDent Health Corp. f/k/a
Trend Exploration, Inc. ("TRDX" or the "Company") (Pinksheets:TRDX
- News) today announces gross revenue (unaudited) for the three
month period ending June 30, 2010 was three hundred sixty two
thousand four hundred and sixty four dollars ($362,464). The gross
revenue (unaudited) for the three month period ending June 30, 2009
was one hundred ninety eight thousand four hundred and fifty eight
dollars ($198,458).
 
Therefore as a comparable of the gross revenue (unaudited) of the
two aforementioned periods there was an (unaudited) increase of one
hundred sixty four thousand and six dollars ($164,006) or a
percentage increase of approximately 82%.
 
All of the reported unaudited TRDX revenues are derived from
Preferred Distribution Inc. ("Preferred"), a wholly owned
subsidiary of TRDX that is a distributor of medical, dental and
health & beauty products. Preferred's dental products division is
marketed through its website, www.preferreddist.com.
 
About SCIMEDENT f/k/a Trend Exploration, Inc. (Pinksheets:TRDX -
News)
 
SciMeDent (www.scimedenthealth.com) is a company focused on being a
leading developer and marketer of products and services for
medicine, dentistry and life sciences. SciMeDent plans to achieve
growth initially through mergers and acquisitions.
 
Cautionary Statement Regarding Forward-Looking Statements
 
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties, including the
sufficiency of existing capital resources, technological or
industry changes and uncertainties related to the development of
the Company's business model. The actual results the Company may
achieve could differ materially from any forward-looking statements
due to such risks and uncertainties.
 
As always, do your own research, always use stops, and book your
profits when in a position to do so.

Happy Trading!

CPMCF estimates property to hold +1billion in minerals‏

CPMCF is clearly our best pick ever as it has run from 0.03 to 0.50 producing gains of nearly 2000% for our members who got it early.

 

Many folks claim to have made $100,000+ so far and we wouldn't be surprised if some members even became millionaires thanks to CPMCF. 

 

Now who's next?

 

CPMCF just announced for the first time estimates of what could really be hidden underneath the Santa Rita property...

 

CPMCF estimates Silver, Lead and Zinc reserves in Santa Rita to be worth at least 1billion dollars!

 

Everyone figured that there was much more than the 350 million the report showed as proven. Even the 43-101 report itself mentioned that it is a MINIMUM of 350million and that there is a much larger vein that could possibly contain much more minerals.

 

by CPMCF's estimates it's at least close to 3 times more!

 

The street has been buying CPMCF with a mind set on 350million, but this 1billion estimate could change everthing!

 

CPMCF has MAJOR short positions in play. We believe they will cover this week which could catapult share price into new heights!

CPMCF rose 2000% this past week. If it adjusts tomorrow to the breaking news of the 1billion mineral estimate it could TRIPLE tomorrow.

 

CPMCF is set to profit from the rising price of Gold and Silver. Experts say Gold will be hitting $5,000 an ounce in the coming 24 months while Silver could reach $100. Buying stock in a publicly traded company is one of the preferred methods of getting into a ‘rush’ such a ‘minerals rush’. You don’t have to own physical bullion, and you can buy as small or as big of portfolio as you want. It is also very liquid and the profit is bigger as when a company excavates Gold for example it could cost say $300 but the price of gold is $1400 so there is a $1100 profit right off the bat for shareholders. Whereas if you buy gold at $1400 your only upside is when it goes up from there.

CPMCF has caught the attention of wall street. It is the most traded company today on OTC with nearly 10,000 individual trades!

 

 

The current PPS of 50 cents if adjusted for the newest estimate could possibly mean that we are looking at 1.50 a share tomorrow!

 

 

As you probably all know Barrick Gold is one of the biggest companies in the world in its field with a market cap of nearly 50 billion.

Now, something that is exciting us a lot is that Barrick Gold Corp has a mine in Ontario, Canada with proven Gold reserves of nearly 2billion dollars.

Barrick Gold’s Hemlo Property is located only a few miles away from CPMCF’s Hotstone property.

 

We have yet to see a 43-101 report from CPMCF regarding the Hotstone project but everyone knows that the area where the property is has already yielded over 200billion worth of gold in the past few decades. All the big players have mines there, and we are lead to believe by default that there could be a significant amount of gold deposits in HotStone.

We think CPMCF is very well positioned on the Gold front with its amazing property’s location.

You can visit Coastal's website at CoastalPacificMiningCorp . com

 

We still think CPMCF is trading at bargain levels! 

 

 

We strongly believe there is no reason why it couldn’t run past two bucks in the coming days and almost 8000% since our initial alert!

Up 50% today on discovery of 350million worth of silver‏

CPMCF is up 50% today on insane volume

CPMCF could be headed to tremendous highs of over 5000%

CPMCF is positioned to profit in a monster fashion from the all-time high prices of gold and silver.

CPMCF is a homerun literaly worth its weight in silver. Enough with the jokes, we were expecting an announcement at some point regarding proven reserves of Gold in Coastal's Canada property, however

it seems like that is being overshadowed right now by today's announcement of the 43101 report that shows at least 350million worth of silver in the Peru property.

Now that's some BIG numbers. This is the kind of stuff we like to see!

When we alerted CPMCF to our members at 0.03 we were alerting it is based on the genuine potential their properties had, and we really thought that it was possibly worth 0.25 a share at the time.

But now it's a whole different ball game. With just the 43-101 technical report on the silver we believe this company could actually be worth 10 bucks a share.

CPMCF is already up 300% but that is insignificant compared to 5000% + we think it should be experiencing in the coming weeks. The value is definitely there and it seems like Wallstreet hasn't quite yet figured out the meaning of the report that came out this morning.

CPMCF released detailed news regarding the property in Peru, and we'll be 'translating' that for our subscribers here today.

CPMCF essentially announced that a 43-101 technical report was done on the property which shows an excess of 1.3million tons of mineralization with possibly a value that would amount to more than 350million based on $500 per ton head grade. Moreover there is potential for a MUCH larger manto underlying the one at the surface (but this one has not been proven yet).

In our opinion and in the opinion of several accomplished geologists there is quite possibly much more silver in there, but we'll stick to the current announcement for now.

The important part here is the 43-101 technical report which many don't seem to understand

This is why the 43-101 is so important:

It is a national instrument to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors.

It basically means that with the fact that this announcement is based on a 43-101 report. It guarantees that the report is accurate and truthful. Meaning that the data showing potentially AT LEAST 350million worth of silver IS RELIABLE and CORRECT.

Based on that alone. We think this could seriously be trading at 10 bucks.

Moreover, CPMCF announced information regarding its Canada Hotstone gold property. The area has already yielded over 208 Billion worth of gold since companies began mining there.

We believe that there could possibly be something big about to happen as well related to the Hotstone gold property.

CPMCF has a website that can be found at CostalPacificMiningCorp . com

The management is solid, the announcements are solid, the locations are breathtaking and the gains the PPS is experiencing is phenomenal.

We invite EVERYONE to keep a very very close eye on CPMCF in the coming days and weeks.

You can still buy it for around 7 cents now, but we don't know how long it will remain this low for

Could CPMCF be our highest gainer of the year? At 5000% it sure as hell WOULD BE!

Portfolio Volume Alert/Update

A portfolio volume alert/update for the following stocks on 10/26/2010

BGOI  7.71M

HESG  471.54M

SPAH  4.44M

SILA  991,537 - Keeping an eye on this stock!

Keeping an eye on these stocks for major movement.

More all time highs for gold!

More All-Time Highs for Gold, 

More Good News For Junior Miners

Gold prices soaring to new all-time highs has become a regular event these days and we have a gold pick coming this week!

Look at these 3 gold stocks that are currently running!

Coastal Pacific Mining Corp. (CPMCF.OB)
Volume is up and the stock is running...

Gold American Mining Corp. (SILA.OB)
Volume is up and the stock is running...

STAR GOLD CORP (OTC BB: SRGZ.OB)
Volume is up and the stock is running...

With the now eight consecutive years of soaring gold prices, many investors are looking for the next big gold stock and we could have it!

The Best Gold Indicators Around Still Says "Buy Gold"

Keep your eye on the market and watch for our new picks

A Trick I have learned

Something that I came across that I would like to share with you:

I was reading in an investing book and it stated that the best time to buy stocks are at the beginning of the year and the best time to sell them are at the end of the year!

Thought I would share that with you.

Stocks to keep an eye on

Here are some stocks that looked interesting as I was glancing through some numbers:

CNLG - Conolog Corp  $0.72

- Shares: 6.97M

- MC: 5.01M

- 52-Wk High: $4.72

IDRA - Idera Pharm. Inc.   $2.87

- Moderate Buy

- Shares: 23.50M

- MC: 67.44M

- 52-Wk High: $7.49

These stocks have not been purchased into the portfolio, 

just a bonus that I have came across and wanted to share!

Best of luck and happy trading!

Portfolio gains for Friday (10-15-10)

Fridays portfolio gains are the following:

Stock symbol       Vol.        Gain

BGOI                   +.06      9.48M

CICS                                  1.16M

HESG                  +.31      510.30M

LWLL                 +.06

SECI                                  1.09M

SILA                    +.91      1.87M

SPAH                  +.04       4.26M

We will be seeing gains starting to rise from of these stocks!

We will be watching over these movements, can't wait to see what they do!

Total portfolio gain of $0.79
(Long-term portfolio)

Stock Portfolio Review

Look at SILA rise! My portfolio broke even today! Its on the demand!

ACII has also rose 200% since purchased in my portfolio, keep an eye on that one! That was a long term stock that was purchased!

SECI is finally taking off! Keep an eye on that stock as it rises!

BGOI has the highest volume trade in the portfolio! Up in the millions! We will be keeping an eye on that stock also.

Gold American Mining Corp. (SILA) ~ Special Report

This is a:

SPECIAL URGENT BUY ALERT

Here is a stock I have been talking about for a while now. 

Gold American Mining Corp.! (OTCBB:SILA)

This stock is currently trading at $0.86 a share! (09/17/2010)

The Investment Expert & Mining Guru John Myers has recently announced that the world's 3rd largest producer of gold, NYSE Titan Goldcorp (NYSE:GG, market cap over $30 billion) May soon pay $96.21 a share for SILA - a little-known, Exploration-Stage Company whose stock you can currently buy at under $1.50.

Gold American Mining Corp (OTCBB:SILA) is estimated to be sitting on as much as...

$5.8 billion worth of gold and silver

...in its undeveloped properties! 

$10,000 invested in SILA now could explode to $1,069,000!

If Goldcorp makes a serious play for Gold American here's how rich you could be, provided you act now:

• $2,500 could grow to $267,250!
• $5,000 could balloon to a life-changing $534,500!
• $10,000 invested now could grow to $1,069,000!
• $20,000 could set you up for a life with $2,138,000!

Stock Symbol: (OTCBB:SILA)

Recent Price: $0.86

Price Target:

      6 months or less ..... $6.30

     12 - 18 Months ..... $13.85

     Long Term ............ $96.21

A Secret for collecting twice as much in dividend payments

Now here's a secret for collecting twice as much in dividend payments.

The easiest way to do this is simply buy twice the number of shares. A lot of people don't know it, but they can simply double the number of shares they owb by using a margin account. 

With a margin account, your broker will lend you the money to buy the additional shares of stock. Of course, he'll charge you interest on the loan, but that expense is tax deductible.

Moreover, you don't have to buy the same stocks you already own. You can buy any stocks you wish. So why not buy stocks that pay higher dividend yields than the ones you already own?

You might even be able to triple your dividend receipts.

Cheapest Mid-Cap Stocks with highest paying dividends

The cheapest mid-cap stocks with the highest paying dividends are the following:

CIM - Chimera Investment Corp. $4.03 per share with a Div./yield of 0.17/16.89

MFA - MFA Mortgage Investments $7.57 per share with a Div./Yield of 0.19/10.04

FTR - Frontier Communications Corp. $7.66 per share with a Div./Yield of 0.19/9.78

TRU - Torch Energy Royalty Trust $4.01 per share with a Div./Yield of 0.10/10.23

Watch for the next post as I reveal how to collect twice as much in dividend payments.

SILA - Gold American Mining Corp.

SILA - Gold American Mining Corp. just spent 0.81M in Research & Development. This is the biggest investment they have made. Their total debt is $0.00. Total Common shares outstanding are only 85.93M.

Their shares are going fast and the stock is on the rise!

50 cent oil stock going to 50USD says top analyst

HEAVY OIL ALERT:

This Could Leap As High As $50...
Your Dream Oil & Gas Play Has
Eye-Popping New Details

 

OLD FACTS: Potential $59 Billion in Revenues and $6.3 Billion in Pure Net Profit!

NEW FACTS: Fresh Report Details A Major New Discovery... One That Could Add Tens Of MILLIONS MORE To This Already Powerful Opportunity

ACTION ITEM: AT UNDER $1, THE QUESTION IS NOT WHEN TO BUY TAMM OIL & GAS (OTCBB - TAMO), BUT HOW MANY SHARES TO BUY NOW!!! ... For You TO MAXIMIZE GAINS ... STAY AHEAD OF THE CROWD